The Healing Co (The Healing Co) Debt-to-Equity : -2.76 (As of Sep. 2023)

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What is The Healing Co Debt-to-Equity?

The Healing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $5.13 Mil. The Healing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. The Healing Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-1.86 Mil. The Healing Co's debt to equity for the quarter that ended in Sep. 2023 was -2.75.

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 The Healing Co's Debt-to-Equity or its related term are showing as below:

HLCO' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.76 Med: -0.96 Max: 1.35
Current: -2.76

During the past 13 years, the highest Debt-to-Equity Ratio of The Healing Co was 1.35. The lowest was -2.76. And the median was -0.96.

HLCO's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.485 vs HLCO: -2.76

The Healing Co Debt-to-Equity Historical Data

The historical data trend for The Healing Co'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.

The Healing Co Debt-to-Equity Chart

The Healing Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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-0.94

0.03

-2.64

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
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.73	1.35	-2.64	-2.76

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

For the Health Information Services subindustry, The Healing Co'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.

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

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

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

The Healing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Healing Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(5.186	+	0)	/	-1.962
	=	-2.64

The Healing Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(5.132	+	0)	/	-1.863
	=	-2.75

The Healing Co (OTCPK:HLCO) 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.

The Healing Co Debt-to-Equity 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 » Debt-to-Equity

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