Healthier Choices Management Balance Sheet Health
Financial Health criteria checks 3/6
Healthier Choices Management has a total shareholder equity of $7.9M and total debt of $3.6M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are $31.0M and $23.1M respectively.
Key information
45.2%
Debt to equity ratio
US$3.56m
Debt
Interest coverage ratio | n/a |
Cash | US$5.08m |
Equity | US$7.87m |
Total liabilities | US$23.10m |
Total assets | US$30.97m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCMC's short term assets ($11.7M) do not cover its short term liabilities ($12.2M).
Long Term Liabilities: HCMC's short term assets ($11.7M) exceed its long term liabilities ($10.9M).
Debt to Equity History and Analysis
Debt Level: HCMC has more cash than its total debt.
Reducing Debt: HCMC's debt to equity ratio has increased from 38.9% to 45.2% 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: HCMC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HCMC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.7% each year