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Hennessy Capital Acquisition IV

Nasdaq:HCAC.U
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HCAC.U
Nasdaq
$377M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Hennessy Capital Acquisition Corp. IV intends on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The last earnings update was 275 days ago. More info.


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HCAC.U Share Price and Events
7 Day Returns
-0.6%
NasdaqCM:HCAC.U
0.6%
US Capital Markets
0.3%
US Market
1 Year Returns
-
NasdaqCM:HCAC.U
8.1%
US Capital Markets
12.5%
US Market
HCAC.U Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hennessy Capital Acquisition IV (HCAC.U) -0.6% 1.3% 1.1% - - -
US Capital Markets 0.6% 6% 6.8% 8.1% 34.1% 58.4%
US Market 0.3% 4.1% 5.6% 12.5% 39.4% 44.7%
1 Year Return vs Industry and Market
  • No trading data on HCAC.U.
  • No trading data on HCAC.U.

Value

 Is Hennessy Capital Acquisition IV undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Hennessy Capital Acquisition IV. This is due to cash flow or dividend data being unavailable. The share price is $10.64.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hennessy Capital Acquisition IV's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hennessy Capital Acquisition IV's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:HCAC.U PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD Not available
NasdaqCM:HCAC Share Price ** NasdaqCM (2019-11-08) in USD $10.06
United States of America Capital Markets Industry PE Ratio Median Figure of 81 Publicly-Listed Capital Markets Companies 39.66x
United States of America Market PE Ratio Median Figure of 2,922 Publicly-Listed Companies 18.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hennessy Capital Acquisition IV.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for Hennessy Capital Acquisition IV, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Hennessy Capital Acquisition IV's expected growth come at a high price?
Raw Data
NasdaqCM:HCAC.U PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 36 Publicly-Listed Capital Markets Companies 1.76x
United States of America Market PEG Ratio Median Figure of 2,023 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hennessy Capital Acquisition IV, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hennessy Capital Acquisition IV's assets?
Raw Data
NasdaqCM:HCAC.U PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD Not available
NasdaqCM:HCAC Share Price * NasdaqCM (2019-11-08) in USD $10.06
United States of America Capital Markets Industry PB Ratio Median Figure of 153 Publicly-Listed Capital Markets Companies 6.6x
United States of America Market PB Ratio Median Figure of 5,066 Publicly-Listed Companies 1.74x
NasdaqCM:HCAC.U PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:HCAC Share Price ÷ Book Value per Share (both in USD)

= 10.06 ÷ 0.00

3001.19x

* Primary Listing of Hennessy Capital Acquisition IV.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hennessy Capital Acquisition IV is overvalued based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Hennessy Capital Acquisition IV's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Hennessy Capital Acquisition IV has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Hennessy Capital Acquisition IV expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hennessy Capital Acquisition IV has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hennessy Capital Acquisition IV expected to grow at an attractive rate?
  • Unable to compare Hennessy Capital Acquisition IV's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Hennessy Capital Acquisition IV's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Hennessy Capital Acquisition IV's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:HCAC.U Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:HCAC.U Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:HCAC.U Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Hennessy Capital Acquisition IV is high growth as no earnings estimate data is available.
  • Unable to determine if Hennessy Capital Acquisition IV is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:HCAC.U Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Hennessy Capital Acquisition IV Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:HCAC.U Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hennessy Capital Acquisition IV will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Hennessy Capital Acquisition IV's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  2. Hennessy Capital Acquisition IV's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Hennessy Capital Acquisition IV's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hennessy Capital Acquisition IV has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Hennessy Capital Acquisition IV performed over the past 5 years?

  • Hennessy Capital Acquisition IV's last earnings update was 275 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hennessy Capital Acquisition IV's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hennessy Capital Acquisition IV does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Hennessy Capital Acquisition IV's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Hennessy Capital Acquisition IV's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Hennessy Capital Acquisition IV's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hennessy Capital Acquisition IV Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:HCAC.U Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.01 0.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Hennessy Capital Acquisition IV has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Hennessy Capital Acquisition IV has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Hennessy Capital Acquisition IV improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Hennessy Capital Acquisition IV's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hennessy Capital Acquisition IV has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Hennessy Capital Acquisition IV's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hennessy Capital Acquisition IV's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hennessy Capital Acquisition IV's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Hennessy Capital Acquisition IV has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hennessy Capital Acquisition IV's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hennessy Capital Acquisition IV Company Filings, last reported 10 months ago.

NasdaqCM:HCAC.U Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.02 0.09 0.01
  • Hennessy Capital Acquisition IV's level of debt (409.1%) compared to net worth is high (greater than 40%).
  • Unable to establish if Hennessy Capital Acquisition IV's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (0%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Hennessy Capital Acquisition IV's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Hennessy Capital Acquisition IV's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hennessy Capital Acquisition IV has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Hennessy Capital Acquisition IV's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Hennessy Capital Acquisition IV dividends.
If you bought $2,000 of Hennessy Capital Acquisition IV shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Hennessy Capital Acquisition IV's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hennessy Capital Acquisition IV's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:HCAC.U Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1948 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Hennessy Capital Acquisition IV has not reported any payouts.
  • Unable to verify if Hennessy Capital Acquisition IV's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hennessy Capital Acquisition IV's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hennessy Capital Acquisition IV has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hennessy Capital Acquisition IV's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hennessy Capital Acquisition IV afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hennessy Capital Acquisition IV has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Hennessy Capital Acquisition IV's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dan Hennessy
AGE 62
TENURE AS CEO 1.3 years
CEO Bio

Mr. Daniel Joseph Hennessy, also known as Dan, has been Chairman and Chief Executive Officer of Hennessy Capital Acquisition Corp. III. since August 6, 2018. Mr. Hennessy is Chairman of the Board of Directors and Chief Executive Officer at Hennessy Capital Acquisition Corp. IV since August 6, 2018. Mr. Hennessy is also the Managing Member of Hennessy Capital LLC, an alternative investment firm he established in 2013. From September 2013 to February 2015, Mr. Hennessy served as Chairman of the Board and Chief Executive Officer of Hennessy Capital Acquisition Corp., or Hennessy I, which merged with School Bus Holdings Inc. in February 2015 and is now known as Blue Bird Corporation (NASDAQ: BLBD), and since February 2015, has served as its Vice Chairman. From April 2015 to February 2017, Mr. Hennessy served as Chairman of the Board and Chief Executive Officer of Hennessy Capital Acquisition Corp. II, or Hennessy II, which merged with Daseke in February 2017 and is now known as Daseke, Inc. (NASDAQ: DSKE) and has been its Vice Chairman since February 2017. He served as Chairman and Chief Executive Officer of Hennessy Capital Acquisition Corp. III. From 1988 to 2016, Mr. Hennessy served as a Partner at Code Hennessy & Simmons LLC (n/k/a CHS Capital or “CHS”), a middle-market private equity investment firm he co-founded in 1988. Over a 25 year period, CHS invested $2.9 billion in nearly 400 operating. Mr. Hennessy has served as Chairman of the Board of Directors of various CHS portfolio companies that manufacture and/or distribute a broad array of products or provide services for the industrial, infrastructure, energy and packaging sectors including Thermon Group Holdings, a designer and manufacturer of heat tracing systems focused on the external application of heat to pipes, tanks and instrumentation from April 2010 to May 2011, Dura-Line Holdings, a producer of high-density polyethylene conduit and pipes from January 2012 to September 2014, Penhall International, a provider of concrete cutting, breaking, excavation and highway grinding services, from July 2006 to November 2010, GSE Environmental, a supplier of geosynthetic liners and products, from May 2004 to December 2011, WNA, a designer and manufacturer of upscale plastic disposable tableware products, from 2002 to 2007 and Kranson Industries (n/k/a/ TricorBraun), a distributor of plastic and glass containers, from 1999 to 2004. In 2009, EDH Properties, LLC, a family real estate investment entity for which Mr. Hennessy was the managing member, filed a petition for voluntary reorganization under Chapter 11 of the U.S. Bankruptcy Code. A plan of reorganization was confirmed by the court in 2010 and the Lender received payment in full. Prior to forming CHS, Mr. Hennessy was employed by Citicorp from 1984 to 1988 as Head of the Midwest Region for Citicorp Mezzanine Investments and Vice President and Team Leader with Citicorp Leveraged Capital Group. He began his career in 1981 in the oil and gas lending group at Continental Illinois National Bank (now Bank of America) where he was a Banking Officer. Mr. Hennessy holds a B.A. degree, magna cum laude, from Boston College and an M.B.A. from the University of Michigan Ross School of Business.

CEO Compensation
  • Insufficient data for Dan to compare compensation growth.
  • Insufficient data for Dan to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Hennessy Capital Acquisition IV management team in years:

1.3
Average Tenure
42
Average Age
  • The average tenure for the Hennessy Capital Acquisition IV management team is less than 2 years, this suggests a new team.
Management Team

Dan Hennessy

TITLE
Chairman & CEO
AGE
62
TENURE
1.3 yrs

Greg Ethridge

TITLE
President
AGE
42
TENURE
0.8 yrs

Nicholas Petruska

TITLE
Executive VP
AGE
32
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Hennessy Capital Acquisition IV board of directors in years:

0.8
Average Tenure
61
Average Age
  • The average tenure for the Hennessy Capital Acquisition IV board of directors is less than 3 years, this suggests a new board.
Board of Directors

Greg Ethridge

TITLE
President
AGE
42
TENURE
0.8 yrs

Brad Bell

TITLE
Independent Director
AGE
66
TENURE
0.8 yrs

Dan Hennessy

TITLE
Chairman & CEO
AGE
62
TENURE
1.3 yrs

Peter Shea

TITLE
Independent Director
AGE
68
TENURE
0.8 yrs

Richard Burns

TITLE
Independent Director
AGE
66
TENURE
0.8 yrs

J.C. Mas

TITLE
Independent Director
AGE
52
TENURE
0.8 yrs

Gretchen McClain

TITLE
Independent Director
AGE
57
TENURE
0.8 yrs

Jim O'Neil

TITLE
Independent Director
AGE
60
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Hennessy Capital Acquisition IV's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hennessy Capital Acquisition IV has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Hennessy Capital Acquisition Corp. IV intends on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2018 and is based in Wilson, Wyoming.

Details
Name: Hennessy Capital Acquisition Corp. IV
HCAC.U
Exchange: NasdaqCM
Founded: 2018
$377,438,625
37,518,750
Website: http://www.hennessycapllc.com/
Address: Hennessy Capital Acquisition Corp. IV
3485 North Pines Way,
Suite 110,
Wilson,
Wyoming, 83014,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM HCAC Class A Common Stock Nasdaq Capital Market US USD 16. Apr 2019
NasdaqCM HCAC.W WT EXP 090525 Nasdaq Capital Market US USD 17. Apr 2019
NasdaqCM HCAC.U Units Nasdaq Capital Market US USD 01. Mar 2019
Number of employees
Current staff
Staff numbers
0
Hennessy Capital Acquisition IV employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 00:43
End of day share price update: 2019/11/08 00:00
Last earnings filing: 2019/02/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.