BACK (IMAC Holdings) Debt-to-Equity: -0.30 (As of Sep. 2025)


What is IMAC Holdings Debt-to-Equity?

IMAC Holdings BACK Debt-to-Equity is -0.30 as of Sep. 2025. The stock has 7 warning signs investors should review. Among 556 Healthcare Providers & Services companies, IMAC Holdings ranks worse than 179855.94% on this metric.

IMAC Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $3.83 Mil. IMAC Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $0.00 Mil. IMAC Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2025 was $-12.98 Mil. IMAC Holdings's debt to equity for the quarter that ended in Sep. 2025 was -0.30.

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 IMAC Holdings's Debt-to-Equity or its related term are showing as below:

BACK' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.25   Med: 0.36   Max: 2.38
Current: -0.3

During the past 9 years, the highest Debt-to-Equity Ratio of IMAC Holdings was 2.38. The lowest was -12.25. And the median was 0.36.

BACK's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.4 vs BACK: -0.30

IMAC Holdings  (OTCPK:BACK) 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.


IMAC Holdings Debt-to-Equity Related Terms


IMAC Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for IMAC Holdings'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.

IMAC Holdings Debt-to-Equity Chart

IMAC Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 1.17 0.33 0.00 0.00 0.00

IMAC Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.32 0.00 -0.07 -0.20 -0.30

BACK vs FCHS, NHLG, PAIYY: Debt-to-Equity Comparison

For the Medical Care Facilities subindustry, IMAC Holdings'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.


IMAC Holdings Debt-to-Equity vs Healthcare Providers & Services Industry

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

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



IMAC Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IMAC Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

IMAC Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.30 mean?
IMAC Holdings (BACK) has a Debt-to-Equity of -0.30 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on IMAC Holdings and its competitors. According to the industry distribution chart, IMAC Holdings ranks #999999 out of 556 companies in the Healthcare Providers & Services industry.
Is IMAC Holdings' Debt-to-Equity too high?
IMAC Holdings' current Debt-to-Equity is -0.30. Based on the distribution chart, IMAC Holdings ranks #999999 out of 556 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers.
How does IMAC Holdings' Debt-to-Equity compare to FCHS and NHLG?
According to the Healthcare Providers & Services industry distribution chart, IMAC Holdings ranks #999999 out of 556 companies for Debt-to-Equity. This places IMAC Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.40. 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 Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.40, based on 556 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. 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 IMAC Holdings and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IMAC Holdings's current Debt-to-Equity is -0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMAC Holdings stock overvalued right now?
IMAC Holdings (BACK) has a current Debt-to-Equity of -0.30. The current Debt-to-Equity is -0.30. 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 IMAC Holdings (BACK), the current Debt-to-Equity is -0.30 as of Sep. 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.

IMAC Holdings Business Description

Address 3401 Mallory Lane, Suite 100, Franklin, TN, USA, 37067
IMAC Holdings Inc is engaged in providing services related to proteomic products that identify and support oncology clinical treatment decisions and biopharmaceutical drug development. The Company has determined that it currently operates in a single segment, precision medicine in cancer treatment, located in a single geographic location, the United States.