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HCWC (Healthy Choice Wellness) Debt-to-Asset : 0.76 (As of Sep. 2024)


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What is Healthy Choice Wellness Debt-to-Asset?

Healthy Choice Wellness's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5.24 Mil. Healthy Choice Wellness's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $19.92 Mil. Healthy Choice Wellness's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $33.18 Mil. Healthy Choice Wellness's debt to asset for the quarter that ended in Sep. 2024 was 0.76.


Healthy Choice Wellness Debt-to-Asset Historical Data

The historical data trend for Healthy Choice Wellness's Debt-to-Asset 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.

Healthy Choice Wellness Debt-to-Asset Chart

Healthy Choice Wellness Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Asset
0.36 0.40 0.50

Healthy Choice Wellness Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.50 0.37 0.35 0.76

Competitive Comparison of Healthy Choice Wellness's Debt-to-Asset

For the Packaged Foods subindustry, Healthy Choice Wellness's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Healthy Choice Wellness's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Healthy Choice Wellness's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Healthy Choice Wellness's Debt-to-Asset falls into.



Healthy Choice Wellness Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Healthy Choice Wellness's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3.452 + 10.865) / 28.433
=0.50

Healthy Choice Wellness's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(5.243 + 19.918) / 33.182
=0.76

* 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.


Healthy Choice Wellness  (AMEX:HCWC) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Healthy Choice Wellness Debt-to-Asset Related Terms

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Healthy Choice Wellness Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3800 North 28th Way, Hollywood, FL, USA, 33020
Healthy Choice Wellness Corp is a company engaged in providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. The company has one reportable segment which is natural and organic retail stores.

Healthy Choice Wellness Headlines