Healwell AI (TSX:AIDX) Debt-to-Equity : 1.65 (As of Dec. 2023)

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What is Healwell AI Debt-to-Equity?

Healwell AI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.68 Mil. Healwell AI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$19.25 Mil. Healwell AI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$12.65 Mil. Healwell AI's debt to equity for the quarter that ended in Dec. 2023 was 1.65.

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 Healwell AI's Debt-to-Equity or its related term are showing as below:

TSX:AIDX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 4.55 Max: 131.96
Current: 1.65

During the past 7 years, the highest Debt-to-Equity Ratio of Healwell AI was 131.96. The lowest was 0.51. And the median was 4.55.

TSX:AIDX's Debt-to-Equity is ranked worse than
82.82% of 553 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs TSX:AIDX: 1.65

Healwell AI Debt-to-Equity Historical Data

The historical data trend for Healwell AI'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.

Healwell AI Debt-to-Equity Chart

Healwell AI Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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7.45

131.96

0.51

1.48

1.65

Healwell AI Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.48	2.55	-7.71	-1.71	1.65

Competitive Comparison of Healwell AI's Debt-to-Equity

For the Medical Care Facilities subindustry, Healwell AI'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.

Healwell AI's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

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

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

Healwell AI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Healwell AI's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(1.682	+	19.246)	/	12.65
	=	1.65

Healwell AI's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(1.682	+	19.246)	/	12.65
	=	1.65

Healwell AI (TSX:AIDX) 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.

Healwell AI Debt-to-Equity Related Terms

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Healwell AI (TSX:AIDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Healwell AI Inc (TSX:AIDX) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

HWAIF:USA 6H90:Germany

Address

4881 Yonge Street, Suite No. 300, Toronto, ON, CAN, M2N 5X3

Website

https://www.mcionehealth.com

Healwell AI Inc is a healthcare technology company focused on AI and data science for preventative care. The company operates primary care networks and pioneering how actionable insights from data can be paired with targeted therapeutics to start treating disease before it's too late. Its technologies are backed by science and powered by AI.

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