HealthLynked (HealthLynked) Debt-to-Equity : 2.45 (As of Dec. 2023)

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What is HealthLynked Debt-to-Equity?

HealthLynked's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.91 Mil. HealthLynked's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.06 Mil. HealthLynked's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.81 Mil. HealthLynked's debt to equity for the quarter that ended in Dec. 2023 was 2.45.

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 HealthLynked's Debt-to-Equity or its related term are showing as below:

HLYK' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.9 Med: -0.23 Max: 4.09
Current: 2.45

During the past 8 years, the highest Debt-to-Equity Ratio of HealthLynked was 4.09. The lowest was -0.90. And the median was -0.23.

HLYK's Debt-to-Equity is ranked worse than
89.86% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs HLYK: 2.45

HealthLynked Debt-to-Equity Historical Data

The historical data trend for HealthLynked'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.

HealthLynked Debt-to-Equity Chart

HealthLynked Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.90

2.14

0.14

4.09

2.45

HealthLynked 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															4.09	0.83	1.18	1.35	2.45

Competitive Comparison of HealthLynked's Debt-to-Equity

For the Medical Care Facilities subindustry, HealthLynked'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.

HealthLynked's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthLynked's Debt-to-Equity distribution charts can be found below:

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

HealthLynked Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HealthLynked'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
	=	(0.91	+	1.063)	/	0.805
	=	2.45

HealthLynked'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
	=	(0.91	+	1.063)	/	0.805
	=	2.45

HealthLynked (OTCPK:HLYK) 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.

HealthLynked Debt-to-Equity Related Terms

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

HealthLynked (HealthLynked) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HealthLynked Corp (OTCPK:HLYK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1265 Creekside Parkway, Suite 302, Naples, FL, USA, 34108

Website

https://www.healthlynked.com

HealthLynked Corp operates a cloud-based online personal medical information and records archiving system for patients and doctors to keep track of medical information via the Internet in a cloud-based system. It operates in four segments: Health Services, Digital Healthcare, ACO/MCO, and Medical Distribution. The majority of its revenue is generated from the Health Services segment, which is into operations of Naples Women's Center, Naples Center for Functional Medicine, and Bridging the Gap Physical Therapy.

Executives

Robert P Gasparini	director	12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913
Daniel L. Hall	director	C/O HEALTHLYNKED CORP., 1035 COLLIER CENTER WAY SUITE 3, NAPLES FL 34110
Heather Monahan	director	520 WEST AVE., #1704, MIAMI BEACH FL 33139
Paul Hobaica	director	1265 CREEKSIDE PARKWAY, SUITE 302, NAPLES FL 34108
Robert P. Mino	director	1072 LAKESHORE DR., JUPITER FL 33458
George O'leary	director, officer: Chief Financial Officer	C/O ISONICS CORPORATION, 5906 MCINTYRE STREET, GOLDEN CO 80403
Michael T Dent	director, 10 percent owner, officer: Chief Executive Officer	12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913