Healthy Choice Wellness Balance Sheet Health
Financial Health criteria checks 1/6
Healthy Choice Wellness has a total shareholder equity of $9.0M and total debt of $4.5M, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are $27.8M and $18.9M respectively.
Key information
50.4%
Debt to equity ratio
US$4.53m
Debt
| Interest coverage ratio | n/a |
| Cash | US$964.25k |
| Equity | US$9.00m |
| Total liabilities | US$18.85m |
| Total assets | US$27.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCWC's short term assets ($5.9M) do not cover its short term liabilities ($9.6M).
Long Term Liabilities: HCWC's short term assets ($5.9M) do not cover its long term liabilities ($9.2M).
Debt to Equity History and Analysis
Debt Level: HCWC's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HCWC's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HCWC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HCWC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30% each year