GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HealthWarehouse.com Inc (OTCPK:HEWA) » Definitions » Financial Strength

HealthWarehouse.com (HealthWarehouse.com) Financial Strength : 2 (As of Jun. 2023)


View and export this data going back to 1995. Start your Free Trial

What is HealthWarehouse.com Financial Strength?

HealthWarehouse.com has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

HealthWarehouse.com Inc displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

HealthWarehouse.com did not have earnings to cover the interest expense. HealthWarehouse.com's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.11. As of today, HealthWarehouse.com's Altman Z-Score is -10.92.


Competitive Comparison of HealthWarehouse.com's Financial Strength

For the Pharmaceutical Retailers subindustry, HealthWarehouse.com's Financial Strength, along with its competitors' market caps and Financial Strength 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.


HealthWarehouse.com's Financial Strength Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthWarehouse.com's Financial Strength distribution charts can be found below:

* The bar in red indicates where HealthWarehouse.com's Financial Strength falls into.



HealthWarehouse.com Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

HealthWarehouse.com's Interest Expense for the months ended in Jun. 2023 was $-0.04 Mil. Its Operating Income for the months ended in Jun. 2023 was $-0.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.06 Mil.

HealthWarehouse.com's Interest Coverage for the quarter that ended in Jun. 2023 is

HealthWarehouse.com did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

HealthWarehouse.com's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.303 + 0.056) / 21.308
=0.11

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

HealthWarehouse.com has a Z-score of -10.92, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -10.92 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


HealthWarehouse.com  (OTCPK:HEWA) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

HealthWarehouse.com has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


HealthWarehouse.com Financial Strength Related Terms

Thank you for viewing the detailed overview of HealthWarehouse.com's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


HealthWarehouse.com (HealthWarehouse.com) Business Description

Traded in Other Exchanges
N/A
Address
7107 Industrial Road, Florence, KY, USA, 41042
HealthWarehouse.com Inc is an online pharmacy, licensed and authorized to sell and deliver prescriptions in all 50 United States and the District of Columbia focusing on the out-of-pocket prescription drug market. The company sells directly to individual consumers who purchase prescription medications and over-the-counter (OTC) products over the Internet. It offers a complete range of generic, brand-name, and pet prescription medications as well as OTC medications and products.
Executives
Joseph B Peters officer: Interim President and CEO 7107 INDUSTRIAL ROAD, FLORENCE KY 41042
John C Pauly officer: COO and Interim CEO 900 SQUIRE OAKS DRIVE, VILLA HILLS KY 41017
Daniel Joseph Seliga officer: COO and CFO HEALTHWAREHOUSE, COM, INC., 7107 INDUSTRIAL ROAD, FLORENCE KY 41042
Cape Bear Partners, Llc other: Member of a 10% Owner Group 38608 BUTCHER ROAD, P.O. BOX 15, LEETONIA OH 45202
Scw Holdings, Llp other: Member of 10% Owner Group 10405 E. MCDOWELL MOUNTAIN RANCH RD #250, SCOTTSDALE AZ 85255
Lynn Peppel other: Member of 10% Owner Group 38608 BUTCHER RD, LEETONIA OH 44431
Stephen J Weiss other: Member of 10% Owner Group 10405 E. MCDOWELL MOUNTAIN RANCH RD, #250, SCOTTSDALE AZ 85255
J Robert Smyjunas other: Member of a 10% Owner Group 9064 RIDGEWAY CLOSE, CINCINNATI OH 45236
Rx Investor Value Corp other: Member of a 10% Owner Group 5027 MADISON ROAD, CINCINATTI OH 45227
Osgar Holdings Ltd. other: Member of a 10% Owner Group 400 ST. MARY AVENUE, 9TH FLOOR, WINNIPEG A2 R3C4K5
Bruce Bedrick other: Member of a 10% Owner Group 5375 MONTEREY CIRCLE, UNIT 32, DELRAY BEACH FL 33484
Jeffrey T Holtmeier other: Member of a 10% Owner Group 275 SHORELINE DRIVE, SUITE 500, REDWOOD CITY CA 94065
Brian A Ross other: Member of a 10% Owner Group 600 TELEPHONE AVE, MS#65, ANCHORAGE AK 99503
Mvi Partners, Llc 10 percent owner 3299 HUGHES COURT, TAYLOR MILL KY 41015
Joe Heimbrock 10 percent owner 3299 HUGHES COURT, TAYLOR MILL KY 41015

HealthWarehouse.com (HealthWarehouse.com) Headlines