WELL Health Technologies Balance Sheet Health

Financial Health criteria checks 2/6

WELL Health Technologies has a total shareholder equity of CA$846.1M and total debt of CA$345.0M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are CA$1.4B and CA$563.2M respectively. WELL Health Technologies's EBIT is CA$41.1M making its interest coverage ratio 1.3. It has cash and short-term investments of CA$43.4M.

Key information

40.8%

Debt to equity ratio

CA$345.02m

Debt

Interest coverage ratio	1.3x
Cash	CA$43.42m
Equity	CA$846.15m
Total liabilities	CA$563.16m
Total assets	CA$1.41b

Recent financial health updates

Recent updates

WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly

Mar 21

Is WELL Health Technologies Corp. (TSE:WELL) Trading At A 40% Discount?

Feb 29

The Price Is Right For WELL Health Technologies Corp. (TSE:WELL)

Jan 18

WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly

Oct 30

We Think WELL Health Technologies (TSE:WELL) Can Stay On Top Of Its Debt

Jul 17

WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly

Apr 18

Are Investors Undervaluing WELL Health Technologies Corp. (TSE:WELL) By 40%?

Jan 13

Should You Think About Buying WELL Health Technologies Corp. (TSE:WELL) Now?

Nov 11

Is WELL Health Technologies Corp. (TSE:WELL) Potentially Undervalued?

Aug 09

WELL Health Technologies Corp.'s (TSE:WELL) Intrinsic Value Is Potentially 43% Above Its Share Price

May 31

Financial Position Analysis

Short Term Liabilities: WELL's short term assets (CA$176.4M) exceed its short term liabilities (CA$153.0M).

Long Term Liabilities: WELL's short term assets (CA$176.4M) do not cover its long term liabilities (CA$410.2M).

Debt to Equity History and Analysis

Debt Level: WELL's net debt to equity ratio (35.6%) is considered satisfactory.

Reducing Debt: WELL's debt to equity ratio has increased from 0% to 40.8% over the past 5 years.

Debt Coverage: WELL's debt is not well covered by operating cash flow (19.3%).

Interest Coverage: WELL's interest payments on its debt are not well covered by EBIT (1.3x coverage).

WELL Health Technologies Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly

WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly

We Think WELL Health Technologies (TSE:WELL) Can Stay On Top Of Its Debt

WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly

Recent updates

WELL Health Technologies Corp., Annual General Meeting, Jun 12, 2024

Well Health Technologies Corp. Raises Earnings Guidance for 2024

Full year 2023 earnings released: EPS: CA$0 (vs CA$0.006 in FY 2022)

WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly

WELL Health Technologies Corp. to Report Q4, 2023 Results on Mar 21, 2024

Is WELL Health Technologies Corp. (TSE:WELL) Trading At A 40% Discount?

Independent Director exercised options and sold CA$144k worth of stock

WELL Health Technologies Corp. Announces the Creation of A Dedicated Public Sector Group to Help Tech Enable Public Health Systems Operating At Scale

Healwell AI Inc. (TSX:AIDX) completed the acquisition of Intrahealth Systems Limited from WELL Health Technologies Corp. (TSX:WELL) for approximately $24.2 million.

Healwell AI Inc. (TSX:AIDX) entered into an agreement to acquire Intrahealth Systems Limited from WELL Health Technologies Corp. (TSX:WELL) for approximately $24.2 million.

The Price Is Right For WELL Health Technologies Corp. (TSE:WELL)

WELL Health Technologies Corp. announced that it has received CAD 0.074876 million in funding

Well Health Announces Launch of Well Ai Inbox Admin: A Revolutionary Ai-Powered Solution for Clinic Inbox Management

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Well Health Technologies Corp. Provides Earnings Guidance for the Year 2023 and 2024

Consensus EPS estimates upgraded to CA$0.08 loss

WELL Health Technologies Corp. Launches WELL Longevity+ Program

WELL Health Technologies Corp. to Report Q3, 2023 Results on Nov 14, 2023

WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly

Independent Director recently sold CA$160k worth of stock

WELL Health Technologies Corp. (TSX:WELL) completed the acquisition of Clinic assets from MCI Medical Clinics Inc.

Consensus estimates of losses per share improve by 22%

Second quarter 2023 earnings: EPS exceeds analyst expectations

WELL Health Technologies Corp. to Report Q2, 2023 Results on Aug 10, 2023

Founder exercised options and sold CA$527k worth of stock

WELL Health Technologies Corp. (TSX:WELL) entered into an agreement to acquire Significant Portion of Clinical Assets of MCI Medical clinics Inc.

Consensus EPS estimates fall by 11%, revenue upgraded

We Think WELL Health Technologies (TSE:WELL) Can Stay On Top Of Its Debt

Consensus EPS estimates fall by 11%, revenue upgraded

Well Health Technologies Corp. Provides Revenue Guidance for the Year 2023

Chief Financial Officer exercised options to buy CA$1.5m worth of stock.

WELL Health Technologies Corp. (TSX:WELL) completed the acquisition of MCI Medical Clinics (Alberta) Inc. from MCI Onehealth Technologies Inc. (TSX:DRDR).

Founder exercised options and sold CA$204k worth of stock

Consensus EPS estimates fall by 60%

WELL Health Technologies Corp. (TSX:WELL) entered into a definitive share purchase agreement to acquire MCI Medical Clinics (Alberta) Inc. from MCI Onehealth Technologies Inc. (TSX:DRDR) for CAD 2 million.

Consensus EPS estimates fall by 108%, revenue upgraded

WELL Health Technologies Corp. Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

WELL Health Technologies Corp. Announces the Launch of Its Ground-Breaking Product, WELL AI Voice

WELL Health Technologies Corp. to Report Q1, 2023 Results on May 12, 2023

WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly

Full year 2022 earnings released: EPS: CA$0.006 (vs CA$0.23 loss in FY 2021)

Consensus EPS estimates fall by 77%

Are Investors Undervaluing WELL Health Technologies Corp. (TSE:WELL) By 40%?

Consensus estimates of losses per share improve by 24%

Forecast to breakeven in 2024

Forecast to breakeven in 2024

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

WELL Health Technologies Corp. Increases Annual Revenue Guidance for 2022

Should You Think About Buying WELL Health Technologies Corp. (TSE:WELL) Now?

WELL Health Technologies Corp. to Report Q3, 2022 Results on Nov 10, 2022

Independent Director recently sold CA$357k worth of stock

Consensus forecasts updated

WELL Health Technologies Corp. (TSX:WELL) entered into an agreement to acquire Cloud Practice Inc. and 3 Clinics from CloudMD Software & Services Inc. (TSXV:DOC) for CAD 5.75 million.

Independent Director recently sold CA$153k worth of stock

Independent Director exercised options to buy CA$818k worth of stock.

No longer forecast to breakeven

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

WELL Health Technologies Corp. Updates Revenue Guidance for the Year of 2022

Consensus forecasts updated

Is WELL Health Technologies Corp. (TSE:WELL) Potentially Undervalued?

WELL Health Technologies Corp. Announces Appointment of Sybil Lau to its Board of Directors

Consensus forecasts updated

WELL Health Technologies Corp. Provides Revenue Guidance for the Second Quarter 2022

WELL Appoints Iain Paterson to the Position of Chief Information Security Officer

Independent Director exercised options and sold CA$786k worth of stock

WELL Health Technologies Corp. (TSX:WELL) entered into an asset purchase agreement to acquire Assets of INLIV Inc. from Coril Holdings Ltd. for CAD 1.8 million.

Consensus forecasts updated

WELL Health Technologies Corp.'s (TSE:WELL) Intrinsic Value Is Potentially 43% Above Its Share Price

Consensus forecasts updated

No longer forecast to breakeven