Healthier Choices Management (Healthier Choices Management) Debt-to-Equity : 2.20 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Healthier Choices Management Debt-to-Equity?

Healthier Choices Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.00 Mil. Healthier Choices Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.87 Mil. Healthier Choices Management's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6.76 Mil. Healthier Choices Management's debt to equity for the quarter that ended in Dec. 2023 was 2.20.

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 Healthier Choices Management's Debt-to-Equity or its related term are showing as below:

HCMC' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.01 Med: 0.53 Max: 3.77
Current: 2.2

During the past 13 years, the highest Debt-to-Equity Ratio of Healthier Choices Management was 3.77. The lowest was -0.01. And the median was 0.53.

HCMC's Debt-to-Equity is ranked worse than
84.89% of 278 companies
in the Retail - Defensive industry
Industry Median: 0.64 vs HCMC: 2.20

Healthier Choices Management Debt-to-Equity Historical Data

The historical data trend for Healthier Choices Management'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.

Healthier Choices Management Debt-to-Equity Chart

Healthier Choices Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.23

3.77

0.12

0.68

2.20

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
Debt-to-Equity	Get a 7-Day Free Trial															0.68	0.74	0.74	0.78	2.20

Competitive Comparison of Healthier Choices Management's Debt-to-Equity

For the Grocery Stores subindustry, Healthier Choices Management'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.

Healthier Choices Management's Debt-to-Equity Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Healthier Choices Management's Debt-to-Equity falls into.

Healthier Choices Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Healthier Choices Management'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
	=	(3.999	+	10.869)	/	6.758
	=	2.20

Healthier Choices Management'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
	=	(3.999	+	10.869)	/	6.758
	=	2.20

Healthier Choices Management (OTCPK:HCMC) 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.

Healthier Choices Management Debt-to-Equity Related Terms

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

Healthier Choices Management (Healthier Choices Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Healthier Choices Management Corp (OTCPK:HCMC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

https://www.healthiercmc.com

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