HCWC (Healthy Choice Wellness) LT-Debt-to-Total-Asset : 0.58 (As of Dec. 2024)

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What is Healthy Choice Wellness LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Healthy Choice Wellness's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.58.

Healthy Choice Wellness's long-term debt to total assets ratio increased from Dec. 2023 (0.38) to Dec. 2024 (0.58). It may suggest that Healthy Choice Wellness is progressively becoming more dependent on debt to grow their business.

Healthy Choice Wellness LT-Debt-to-Total-Asset Historical Data

The historical data trend for Healthy Choice Wellness's LT-Debt-to-Total-Asset 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.

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Healthy Choice Wellness LT-Debt-to-Total-Asset Chart

Healthy Choice Wellness Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.32

0.31

0.38

0.58

Healthy Choice Wellness Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.38	0.24	0.22	0.60	0.58

Healthy Choice Wellness LT-Debt-to-Total-Asset Calculation

Healthy Choice Wellness's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	19.792	/	34.113
	=	0.58

Healthy Choice Wellness's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	19.792	/	34.113
	=	0.58

Healthy Choice Wellness (AMEX:HCWC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Healthy Choice Wellness LT-Debt-to-Total-Asset Related Terms

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Healthy Choice Wellness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Healthy Choice Wellness Corp (AMEX:HCWC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3800 North 28th Way, Hollywood, FL, USA, 33020

Website

https://www.healthiercmc.com

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

From GuruFocus

Healthy Choice Wellness Corp CEO Acquires Additional Shares

By GuruFocus Research • 09-18-2024

Insider Buying: CFO John Ollet Acquires Shares of Healthy Choice Wellness Corp (HCWC)

By GuruFocus Research • 09-18-2024