KONEF (Wellbeing Digital Sciences) Debt-to-Equity: 2.18 (As of Apr. 2022)

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What is Wellbeing Digital Sciences Debt-to-Equity?

Wellbeing Digital Sciences KONEF -90.00% Debt-to-Equity is 2.18 as of Apr. 2022.

Wellbeing Digital Sciences's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $1.41 Mil. Wellbeing Digital Sciences's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $0.21 Mil. Wellbeing Digital Sciences's Total Stockholders Equity for the quarter that ended in Apr. 2022 was $0.74 Mil. Wellbeing Digital Sciences's debt to equity for the quarter that ended in Apr. 2022 was 2.18.

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 Wellbeing Digital Sciences's Debt-to-Equity or its related term are showing as below:

KONEF's Debt-to-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Wellbeing Digital Sciences  (OTCPK:KONEF) 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.

Wellbeing Digital Sciences Debt-to-Equity Related Terms

Wellbeing Digital Sciences Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Wellbeing Digital Sciences'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.

Wellbeing Digital Sciences Debt-to-Equity Chart

Wellbeing Digital Sciences Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Debt-to-Equity
0.00 0.00 0.00 0.01 0.03

Wellbeing Digital Sciences Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 0.00 0.03 0.09 0.80 2.18

KONEF vs SPIN, RHE, BNKL: Debt-to-Equity Comparison

For the Medical Care Facilities subindustry, Wellbeing Digital Sciences'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.

Wellbeing Digital Sciences Debt-to-Equity vs Healthcare Providers & Services Industry

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

* The bar in red indicates where Wellbeing Digital Sciences's Debt-to-Equity falls into.


Wellbeing Digital Sciences Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wellbeing Digital Sciences's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
=(0.189 + 0) / 6.314
=0.03

Wellbeing Digital Sciences's Debt to Equity Ratio for the quarter that ended in Apr. 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
=(1.405 + 0.212) / 0.741
=2.18

* 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 2.18 mean?
Wellbeing Digital Sciences (KONEF) has a Debt-to-Equity of 2.18 as of Apr. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wellbeing Digital Sciences and its competitors.
Is Wellbeing Digital Sciences' Debt-to-Equity too high?
Wellbeing Digital Sciences' current Debt-to-Equity is 2.18. The Healthcare Providers & Services industry median Debt-to-Equity is 0.43. Wellbeing Digital Sciences' value of 2.18 is 407% above this industry median.
How does Wellbeing Digital Sciences' Debt-to-Equity compare to SPIN and RHE?
Wellbeing Digital Sciences' Debt-to-Equity of 2.18 can be compared against companies in the Healthcare Providers & Services industry. The industry median Debt-to-Equity is 0.43. Wellbeing Digital Sciences' value of 2.18 is 407% above this benchmark. 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 0.43, based on 565 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. Wellbeing Digital Sciences's current Debt-to-Equity of 2.18 is 407% above 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 Wellbeing Digital Sciences and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wellbeing Digital Sciences's current Debt-to-Equity is 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellbeing Digital Sciences stock overvalued right now?
Wellbeing Digital Sciences (KONEF) has a current Debt-to-Equity of 2.18. The current Debt-to-Equity is 2.18 and 407% above the Healthcare Providers & Services industry median of 0.43. 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 Wellbeing Digital Sciences (KONEF), the current Debt-to-Equity is 2.18 as of Apr. 2022. 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.

Wellbeing Digital Sciences Business Description

Address 275 Dundas Street, Unit A1605, London, ON, CAN, N6B 3L1
Wellbeing Digital Sciences Inc is a next-generation wellness company focused on ketamine-assisted therapy and psychedelic medicines. It operates healthcare clinics across North America, helping clients access plant medicines, psychedelics, and mental health care that have the potential to heal them of their physical or emotional pain.