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HEWA (HealthWarehouse.com) Interest Coverage : 2.26 (As of Sep. 2024)


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What is HealthWarehouse.com Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. HealthWarehouse.com's Operating Income for the three months ended in Sep. 2024 was $0.14 Mil. HealthWarehouse.com's Interest Expense for the three months ended in Sep. 2024 was $-0.06 Mil. HealthWarehouse.com's interest coverage for the quarter that ended in Sep. 2024 was 2.26. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for HealthWarehouse.com's Interest Coverage or its related term are showing as below:


HEWA's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.09
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


HealthWarehouse.com Interest Coverage Historical Data

The historical data trend for HealthWarehouse.com's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

HealthWarehouse.com Interest Coverage Chart

HealthWarehouse.com Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

HealthWarehouse.com Quarterly Data
Jun18 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Coverage 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 - - - - 2.26

Competitive Comparison of HealthWarehouse.com's Interest Coverage

For the Pharmaceutical Retailers subindustry, HealthWarehouse.com's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


HealthWarehouse.com's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthWarehouse.com's Interest Coverage distribution charts can be found below:

* The bar in red indicates where HealthWarehouse.com's Interest Coverage falls into.


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HealthWarehouse.com Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

HealthWarehouse.com's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, HealthWarehouse.com's Interest Expense was $-0.15 Mil. Its Operating Income was $-1.62 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.98 Mil.

HealthWarehouse.com did not have earnings to cover the interest expense.

HealthWarehouse.com's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, HealthWarehouse.com's Interest Expense was $-0.06 Mil. Its Operating Income was $0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.20 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*0.138/-0.061
=2.26

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


HealthWarehouse.com  (OTCPK:HEWA) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


HealthWarehouse.com Interest Coverage Related Terms

Thank you for viewing the detailed overview of HealthWarehouse.com's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


HealthWarehouse.com Business Description

Traded in Other Exchanges
N/A
Address
7107 Industrial Road, Florence, KY, USA, 41042
HealthWarehouse.com Inc is an online pharmacy, licensed and authorized to sell and deliver prescriptions in all 50 United States and the District of Columbia focusing on the out-of-pocket prescription drug market. The company sells directly to individual consumers who purchase prescription medications and over-the-counter (OTC) products over the Internet. It offers a complete range of generic, brand-name, and pet prescription medications as well as OTC medications and products.
Executives
Joseph B Peters officer: Interim President and CEO 7107 INDUSTRIAL ROAD, FLORENCE KY 41042
John C Pauly officer: COO and Interim CEO 900 SQUIRE OAKS DRIVE, VILLA HILLS KY 41017
Daniel Joseph Seliga officer: COO and CFO HEALTHWAREHOUSE, COM, INC., 7107 INDUSTRIAL ROAD, FLORENCE KY 41042
Cape Bear Partners, Llc other: Member of a 10% Owner Group 38608 BUTCHER ROAD, P.O. BOX 15, LEETONIA OH 45202
Scw Holdings, Llp other: Member of 10% Owner Group 10405 E. MCDOWELL MOUNTAIN RANCH RD #250, SCOTTSDALE AZ 85255
Lynn Peppel other: Member of 10% Owner Group 38608 BUTCHER RD, LEETONIA OH 44431
Stephen J Weiss other: Member of 10% Owner Group 10405 E. MCDOWELL MOUNTAIN RANCH RD, #250, SCOTTSDALE AZ 85255
J Robert Smyjunas other: Member of a 10% Owner Group 9064 RIDGEWAY CLOSE, CINCINNATI OH 45236
Rx Investor Value Corp other: Member of a 10% Owner Group 5027 MADISON ROAD, CINCINATTI OH 45227
Osgar Holdings Ltd. other: Member of a 10% Owner Group 400 ST. MARY AVENUE, 9TH FLOOR, WINNIPEG A2 R3C4K5
Bruce Bedrick other: Member of a 10% Owner Group 5375 MONTEREY CIRCLE, UNIT 32, DELRAY BEACH FL 33484
Jeffrey T Holtmeier other: Member of a 10% Owner Group 275 SHORELINE DRIVE, SUITE 500, REDWOOD CITY CA 94065
Brian A Ross other: Member of a 10% Owner Group 600 TELEPHONE AVE, MS#65, ANCHORAGE AK 99503
Mvi Partners, Llc 10 percent owner 3299 HUGHES COURT, TAYLOR MILL KY 41015
Joe Heimbrock 10 percent owner 3299 HUGHES COURT, TAYLOR MILL KY 41015

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