Empower Clinics (Empower Clinics) Debt-to-Equity : -0.91 (As of Sep. 2022)

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What is Empower Clinics Debt-to-Equity?

Empower Clinics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.77 Mil. Empower Clinics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $4.09 Mil. Empower Clinics's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-5.35 Mil. Empower Clinics's debt to equity for the quarter that ended in Sep. 2022 was -0.91.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Empower Clinics's Debt-to-Equity or its related term are showing as below:

EPWCF's Debt-to-Equity is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.49
* Ranked among companies with meaningful Debt-to-Equity only.

Empower Clinics Debt-to-Equity Historical Data

The historical data trend for Empower Clinics's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Empower Clinics Debt-to-Equity Chart

Empower Clinics Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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-0.01

-0.59

-0.88

-0.64

-0.72

Empower Clinics Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial															0.91	-0.72	-0.69	-1.01	-0.91

Competitive Comparison of Empower Clinics's Debt-to-Equity

For the Medical Care Facilities subindustry, Empower Clinics's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Empower Clinics's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Empower Clinics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Empower Clinics's Debt-to-Equity falls into.

Empower Clinics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Empower Clinics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.894	+	3.704)	/	-6.393
	=	-0.72

Empower Clinics's Debt to Equity Ratio for the quarter that ended in Sep. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.774	+	4.092)	/	-5.352
	=	-0.91

Empower Clinics (OTCPK:EPWCF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Empower Clinics Debt-to-Equity Related Terms

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Empower Clinics (Empower Clinics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Empower Clinics Inc (OTCPK:EPWCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1771 Robson Street, Suite 505, Vancouver, BC, CAN, V6G 1C9

Website

https://www.empowerclinics.com

Empower Clinics Inc is an integrated healthcare company that provides body and mind wellness for patients through its clinics, with digital and telemedicine care, and medical diagnostics laboratories. The company has a clinical and digital presence across North America. The firm's Health & Wellness and Diagnostics & Technology business units are positioned to positively impact the integrated health of its patients, while simultaneously providing long-term value for its shareholders.

Executives

John Kenneth Campbell	director	905 WEST PENDER ST STE 500, VANCOUVER BC CANADA A1 V6C1L6
Dan Brown	director	4615 232ND STREET, LANGLEY A1 V2Z 2S1
Michael Barry Hart	officer: Pres/Prin Exe Officer/Sec/Trea	3331 BEACH AVE, ROBERTS CREEK A1 V0N 2W2
Garth Johnson	officer: CFO	1407 - 1050 BURRARD ST., VANCOUVER A1 V6Z 2S3
Trans Orient Petroleum Ltd/	10 percent owner	WORLD TRADE CENTRE, SUITE 404-999 CANADA PLACE, VANCOUVER A1 V6C 3E2
Robert Pollock	10 percent owner	94 GARFIELD AVENUE, TORONTO A6 M4T 1G1
Doug Lynes	director	SUITE 350 - 6165 HIGHWAY 17, DELTA A1 V4K 5B8
Alex Guidi	10 percent owner	1055 WEST GEORGIA STREET, SUITE 1500, VANCOUVER A1 V6E 4N7