GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Healthy Choice Wellness Corp (AMEX:HCWC) » Definitions » Liabilities-to-Assets

HCWC (Healthy Choice Wellness) Liabilities-to-Assets : 0.91 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Healthy Choice Wellness Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Healthy Choice Wellness's Total Liabilities for the quarter that ended in Sep. 2024 was $30.25 Mil. Healthy Choice Wellness's Total Assets for the quarter that ended in Sep. 2024 was $33.18 Mil. Therefore, Healthy Choice Wellness's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.91.


Healthy Choice Wellness Liabilities-to-Assets Historical Data

The historical data trend for Healthy Choice Wellness's Liabilities-to-Assets 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.

Healthy Choice Wellness Liabilities-to-Assets Chart

Healthy Choice Wellness Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.40 0.53 0.68

Healthy Choice Wellness Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.68 0.46 0.46 0.91

Competitive Comparison of Healthy Choice Wellness's Liabilities-to-Assets

For the Packaged Foods subindustry, Healthy Choice Wellness's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Healthy Choice Wellness's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Healthy Choice Wellness's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Healthy Choice Wellness's Liabilities-to-Assets falls into.



Healthy Choice Wellness Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Healthy Choice Wellness's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=19.444/28.433
=0.68

Healthy Choice Wellness's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=30.251/33.182
=0.91

* 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.


Healthy Choice Wellness  (AMEX:HCWC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Healthy Choice Wellness Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Healthy Choice Wellness's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Healthy Choice Wellness Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3800 North 28th Way, Hollywood, FL, USA, 33020
Healthy Choice Wellness Corp is a company engaged in providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. The company has one reportable segment which is natural and organic retail stores.

Healthy Choice Wellness Headlines