The Healing Co (The Healing Co) Cash-to-Debt : 0.28 (As of Sep. 2023)

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What is The Healing Co Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. The Healing Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.28.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, The Healing Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for The Healing Co's Cash-to-Debt or its related term are showing as below:

HLCO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: No Debt
Current: 0.28

During the past 13 years, The Healing Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.02.

HLCO's Cash-to-Debt is ranked worse than
64.61% of 664 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs HLCO: 0.28

The Healing Co Cash-to-Debt Historical Data

The historical data trend for The Healing Co's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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The Healing Co Cash-to-Debt Chart

The Healing Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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No Debt

N/A

39.35

0.29

The Healing Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															17.57	1.36	0.61	0.29	0.28

Competitive Comparison of The Healing Co's Cash-to-Debt

For the Health Information Services subindustry, The Healing Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

The Healing Co's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, The Healing Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where The Healing Co's Cash-to-Debt falls into.

The Healing Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

The Healing Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.503	/	(5.186	+	0)
	=	0.29

The Healing Co's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.42	/	(5.132	+	0)
	=	0.28

The Healing Co (OTCPK:HLCO) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

The Healing Co Cash-to-Debt Related Terms

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The Healing Co (The Healing Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » The Healing Co Inc (OTCPK:HLCO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 W 50th Street, 2nd Floor, New York, NY, USA, 10020

Website

https://www.healingcompany.com

The Healing Co Inc is a health and wellness company that has identified the need for a change to healthcare, where conventional medicine and alternative healing can both be drawn on to provide a world of integrated healing encompassing conventional medicine and alternative medicine. The company has three operating segments which are E-commerce sales of health and wellness products, Sales of memberships to our wellness app, and Support for our licensed wellness experiences.

Executives

Steven John Barr	director	P.O. BOX 789, MOUNT VERNON OH 43050
Ameeth Sankaran	director	6404 PEMBERTON DRIVE, DALLAS TX 75230
Kay Koplovitz	director	KOPLOVITZ & CO. LLC, 145 CENTRAL PARK WEST, APT 24C, NEW YORK NY 10023
Anabel Oelmann	director	C/O HAUSPLUS, HOHENZOLLERNDAMM 125/126, BERLIN 2M 14199
Simon Belsham	director, officer: CEO, President	1101 GRAND STREET, APT. 302, HOBOKEN NJ 07030
Justin Figgins	officer: CFO	81 ENNERDALE ROAD, RICHMOND SURREY X0 TW9 2DN
Wanja Oberhof	10 percent owner	LINIENSTRASSE 86, BERLIN 2M 10119
Demetri Argyropoulos	10 percent owner	5940 SOUTH RAINBOW BLVD, SUITE 400/PMB 32031, LAS VEGAS NV 89118
Steven Bartlett	director	7 CHAPPEL LOFTS, 10 BELMONT STREET, LONDON X0 NW18HH
Jeffrey Taylor	director, 10 percent owner, officer: President/Secretary/Treasurer	711 S. CARSON STREET, CARSON CITY NV 89701