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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.
ASX:HCW'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.52 Max: 0.74
Current: 0.49
During the past 4 years, the highest Debt-to-Equity Ratio of HealthCo Healthcare and Wellness REIT was 0.74. The lowest was 0.03. And the median was 0.52.
ASX:HCW's Debt-to-Equity is ranked better than 73.73% of 689
companies
in the REITs industry
Industry Median: 0.78
vs ASX:HCW: 0.49
HealthCo Healthcare and Wellness REIT (ASX:HCW) Debt-to-Equity Explanation
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.
HealthCo Healthcare and Wellness REIT Debt-to-Equity Related Terms
HealthCo Healthcare and Wellness REIT Debt-to-Equity Historical Data
* 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.
HealthCo Healthcare and Wellness REIT Debt-to-Equity Chart
HealthCo Healthcare and Wellness REIT Annual Data
Trend
Jun22
Jun23
Jun24
Jun25
Debt-to-Equity
0.03
0.74
0.53
0.57
HealthCo Healthcare and Wellness REIT Semi-Annual Data
ASX:HCW vs WELL, VTR, DOC: Debt-to-Equity Comparison
For the REIT - Healthcare Facilities subindustry, HealthCo Healthcare and Wellness REIT'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.
HealthCo Healthcare and Wellness REIT Debt-to-Equity vs REITs Industry
* 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.
HealthCo Healthcare and Wellness REIT (ASX:HCW) has a Debt-to-Equity of 0.49 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on HealthCo Healthcare and Wellness REIT and its competitors. This is near median its historical median of 0.52. Over the past decade, HealthCo Healthcare and Wellness REIT's Debt-to-Equity has ranged from 0.03 to 0.74. According to the industry distribution chart, HealthCo Healthcare and Wellness REIT ranks #181 out of 689 companies in the REITs industry, placing it in the top 26.3%.
Is HealthCo Healthcare and Wellness REIT's Debt-to-Equity too high?
HealthCo Healthcare and Wellness REIT's current Debt-to-Equity of 0.49 is near median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.74. The REITs industry median Debt-to-Equity is 0.78. HealthCo Healthcare and Wellness REIT's value of 0.49 is 37.2% below this industry median. Based on the distribution chart, HealthCo Healthcare and Wellness REIT ranks #181 out of 689 companies in the REITs industry, which is above the industry midpoint. Overall, HealthCo Healthcare and Wellness REIT has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HealthCo Healthcare and Wellness REIT's Debt-to-Equity compare to WELL and VTR?
According to the REITs industry distribution chart, HealthCo Healthcare and Wellness REIT ranks #181 out of 689 companies for Debt-to-Equity. This puts HealthCo Healthcare and Wellness REIT in the upper half of its industry. The industry median Debt-to-Equity is 0.78. HealthCo Healthcare and Wellness REIT's value of 0.49 is 37.2% below this benchmark. Historically, HealthCo Healthcare and Wellness REIT's own Debt-to-Equity has ranged from 0.03 to 0.74 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.78, HealthCo Healthcare and Wellness REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 689 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HealthCo Healthcare and Wellness REIT's current Debt-to-Equity of 0.49 is 37.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on HealthCo Healthcare and Wellness REIT and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HealthCo Healthcare and Wellness REIT's current Debt-to-Equity is 0.49, which is near median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthCo Healthcare and Wellness REIT stock overvalued right now?
Based on GuruFocus' analysis, HealthCo Healthcare and Wellness REIT (ASX:HCW) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.99, compared to a current price of A$0.72 — trading 27.3% below its estimated fair value. The current Debt-to-Equity is 0.49, which is near median its 10-year median of 0.52 and 37.2% below the REITs industry median of 0.78. HealthCo Healthcare and Wellness REIT's overall GF Score™ is 32/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For HealthCo Healthcare and Wellness REIT (ASX:HCW), the current Debt-to-Equity is 0.49 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HealthCo Healthcare and Wellness REIT (ASX:HCW) Overvalued in 2026?
Based on GuruFocus' analysis, HealthCo Healthcare and Wellness REIT stock appears to be undervalued.
The current stock price of A$0.72 is trading 27.3% below its estimated GF Value™ of A$0.99.
GuruFocus considers HealthCo Healthcare and Wellness REIT to be Modestly Undervalued.
Key valuation signals for ASX:HCW:
Debt-to-Equity: 0.49 (near median its 10-year median of 0.52)
GF Value™: A$0.99 vs. price of A$0.72 (27.3% below fair value)
Industry Position: 37.2% below the REITs median (#181 of 689)
No single metric tells the full story. See the ASX:HCW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HealthCo Healthcare and Wellness REIT Business Description
HealthCo Healthcare and Wellness REIT are owning and managing a portfolio of commercial health and wellness real estate assets. It invests in high conviction and scalable real asset strategies on behalf of individuals, large institutions and super funds.
32GF Score
Get the complete analysis for ASX:HCW
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