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Healthier Choices Management (Healthier Choices Management) ROE % : -377.44% (As of Dec. 2023)


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What is Healthier Choices Management ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Healthier Choices Management's annualized net income for the quarter that ended in Dec. 2023 was $-43.73 Mil. Healthier Choices Management's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $11.59 Mil. Therefore, Healthier Choices Management's annualized ROE % for the quarter that ended in Dec. 2023 was -377.44%.

The historical rank and industry rank for Healthier Choices Management's ROE % or its related term are showing as below:

HCMC' s ROE % Range Over the Past 10 Years
Min: -680.57   Med: -65.16   Max: Negative Equity
Current: -114.64

During the past 13 years, Healthier Choices Management's highest ROE % was Negative Equity%. The lowest was -680.57%. And the median was -65.16%.

HCMC's ROE % is ranked worse than
98.35% of 303 companies
in the Retail - Defensive industry
Industry Median: 9.67 vs HCMC: -114.64

Healthier Choices Management ROE % Historical Data

The historical data trend for Healthier Choices Management's ROE % 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.

Healthier Choices Management ROE % Chart

Healthier Choices Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.07 -91.24 -25.64 -29.20 -137.09

Healthier Choices Management Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 -46.32 -38.95 -57.00 -68.98 -377.44

Competitive Comparison of Healthier Choices Management's ROE %

For the Grocery Stores subindustry, Healthier Choices Management's ROE %, along with its competitors' market caps and ROE % 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.


Healthier Choices Management's ROE % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Healthier Choices Management's ROE % distribution charts can be found below:

* The bar in red indicates where Healthier Choices Management's ROE % falls into.



Healthier Choices Management ROE % Calculation

Healthier Choices Management's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-18.483/( (20.206+6.758)/ 2 )
=-18.483/13.482
=-137.09 %

Healthier Choices Management's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-43.728/( (16.413+6.758)/ 2 )
=-43.728/11.5855
=-377.44 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Healthier Choices Management  (OTCPK:HCMC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-43.728/11.5855
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-43.728 / 63.404)*(63.404 / 34.034)*(34.034 / 11.5855)
=Net Margin %*Asset Turnover*Equity Multiplier
=-68.97 %*1.863*2.9376
=ROA %*Equity Multiplier
=-128.49 %*2.9376
=-377.44 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-43.728/11.5855
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-43.728 / -43.728) * (-43.728 / -13.272) * (-13.272 / 63.404) * (63.404 / 34.034) * (34.034 / 11.5855)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 3.2948 * -20.93 % * 1.863 * 2.9376
=-377.44 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Healthier Choices Management ROE % Related Terms

Thank you for viewing the detailed overview of Healthier Choices Management's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Healthier Choices Management (Healthier Choices Management) Business Description

Traded in Other Exchanges
N/A
Address
3800 North 28th Way, Hollywood, FL, USA, 33020
Healthier Choices Management Corp is a United States-based holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. It offers Ada's Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins, and supplements, Paradise Health & Nutrition's three stores offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat, and seafood, Mother Earth's Storehouse, is a two-store organic and health food and vitamin chain, and Greens Natural Foods offers organic produce and all-natural, non-GMO groceries & bulk foods. The operating segments of the company are Grocery and Vapor. Grocery segments account for the majority of its revenue.
Executives
Clifford J. Friedman director 5018 NW102 DRIVE, CORAL SPRINGS FL 33076
Anthony Panariello director 3214 SW 53RD COURT, HOLLYWOOD FL 33321
John Ollet officer: Chief Financial Officer 3800 NORTH 28TH WAY, HOLLYWOOD FL 33020
Christopher Santi officer: President and COO 3001 GRIFFIN RD, DANIA BEACH FL 33312
Jeffrey Elliot Holman officer: Chief Executive Officer 3341 N.E. 165TH STREET, NORTH MIAMI BEACH FL 33160
Gina Hicks officer: Chief Financial Officer 3001 GRIFFIN ROAD, DANIA BEACH FL 33312
Nik Raman director 171 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
William C Conway director 3001 GRIFFIN ROAD, DANIA BEACH FL 33312
Daniel Maclachlan director 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
James Joseph Martin officer: Chief Financial Officer 4400 BISCAYNE BLVD, SUITE # 670, MIAMI FL 33157
Gregory Brauser director, officer: President 4400 BISCAYNE BLVD #850, MIAMI FL 33137
Robert Swayman director 5022 NW 102 DRIVE, CORAL SPRINGS FL 33076
Angela Courtin director 3101 COLBY AVENEUE, LOS ANGELES CA 90066
Frank E Jaumot director 190 SE 19TH AVENUE, POMPANO BEACH FL 33060
Barrett Robert J Iii director 2075 REGENTS BLVD, WEST PALM BEACH FL 33409

Healthier Choices Management (Healthier Choices Management) Headlines