Healthy Choice Wellness Corp. (HCWC) Balance Sheet
HCWC balance sheet, 2025
December 31, 2025 · U.S. dollars$33.5M assets = $26.2M liabilities + $7.3M equity
Both columns are drawn to the same scale: what HCWC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HCWC financial health
Descriptive bands, not a rating. Fiscal 2025.
HCWC balance sheet trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $9.6M2020 | $33.5M2025 | +28.5%/yr | |
| Total liabilities | $4.8M2020 | $26.2M2025 | +40.4%/yr | |
| Shareholders’ equity | $4.8M2020 | $7.3M2025 | +8.8%/yr | |
| Cash & short-term investments | $82,0032020 | $3.0M2025 | +105.7%/yr | |
| Total debt | $4.1M2020 | $18.0M2025 | +34.4%/yr | |
| Net cash (debt) | −$4.0M2020 | −$15.0M2025 | −$11.0M | |
| Working capital | $321,5022020 | −$2.7M2025 | −$3.1M | |
| Book value per share | $17.082020 | $15.432025 | −2.0%/yr | |
| Current ratio | 1.252020 | 0.792025 | −0.47 | |
| Debt / equity | 0.862020 | 2.472025 | +1.61 | |
| Shares outstanding | 280K2020 | 473K2025 | +11.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HCWC assets
HCWC liabilities and equity
HCWC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HCWC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $3.0M | $2.1M | $1.4M | $2.0M | $356,373 | $82,003 |
| Cash & equivalents | $3.0M | $2.1M | $1.4M | $2.0M | $356,373 | $82,003 |
| Receivables | $363,935 | $509,763 | $128,171 | $55,230 | $28,347 | $13,571 |
| Inventory | $6.0M | $6.4M | $4.2M | $3.8M | $1.3M | $1.4M |
| Other current assets | $613,597 | $695,162 | $231,812 | $371,888 | $52,122 | $52,349 |
| Total current assets | $10.0M | $9.7M | $5.9M | $6.2M | $1.8M | $1.6M |
| Property, plant & equipment (net) | $12.4M | $16.2M | $14.1M | $13.6M | $3.6M | $4.0M |
| Goodwill & intangible assets | $6.5M | $7.7M | $4.2M | $10.5M | $1.6M | $1.9M |
| Long-term investments | $4.0M | $0 | $3.8M | $2.3M | $0 | $0 |
| Other non-current assets | $630,824 | $543,374 | $467,056 | $450,966 | $1.4M | $2.1M |
| Total assets | $33.5M | $34.1M | $28.4M | $33.2M | $8.4M | $9.6M |
| Liabilities | ||||||
| Accounts payable | $7.3M | $5.1M | $4.4M | $3.1M | $324,890 | $634,140 |
| Short-term debt | $4.6M | $5.7M | $3.5M | $2.8M | $325,660 | $584,591 |
| Deferred revenue | $27,700 | — | — | — | — | — |
| Total current liabilities | $12.7M | $11.9M | $8.6M | $7.2M | $721,238 | $1.3M |
| Long-term debt | $6.2M | $9.2M | $2.4M | $2.4M | $815 | $0 |
| Lease obligations | $10.7M | $14.2M | $11.2M | $10.3M | $3.0M | — |
| Other long-term liabilities | $7.3M | $10.6M | $8.5M | $8.0M | $2.7M | $3.5M |
| Total liabilities | $26.2M | $31.7M | $19.4M | $17.6M | $3.4M | $4.8M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $19,991 | $9,816 | $9.0M | $15.5M | $5.0M | $4.8M |
| Retained earnings (deficit) | −$4.7M | −$730,907 | $0 | — | — | — |
| Accumulated other comprehensive income | — | $0 | — | — | — | — |
| Total shareholders' equity | $7.3M | $2.4M | $9.0M | $15.5M | $5.0M | $4.8M |
| Key figures | ||||||
| Total debt | $18.0M | $25.5M | $14.3M | $13.2M | $3.0M | $4.1M |
| Net cash (debt) | −$15.0M | −$23.5M | −$12.9M | −$11.2M | −$2.6M | −$4.0M |
| Working capital | −$2.7M | −$2.2M | −$2.6M | −$1.0M | $1.0M | $321,502 |
| Tangible book value | $795,421 | −$5.3M | $4.8M | $5.0M | $3.4M | $2.9M |
| Book value per share | $15.43 | $8.87 | $34.09 | $55.38 | $17.95 | $17.08 |
| Shares outstanding | 473K | 268K | 264K | 280K | 280K | 280K |
| Current ratio | 0.79 | 0.81 | 0.69 | 0.86 | 2.45 | 1.25 |
| Quick ratio | 0.27 | 0.21 | 0.18 | 0.29 | 0.53 | 0.08 |
| Debt / equity | 2.47 | 10.72 | 1.59 | 0.85 | 0.60 | 0.86 |
| Equity / assets | 21.8% | 7.0% | 31.6% | 46.8% | 59.7% | 49.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $893,825 | $2.3M | $3.0M | $3.0M | $4.7M | $1.8M | $2.1M | $1.8M | $964,246 | $1.0M | $1.4M | $941,803 |
| Cash & equivalents | $893,825 | $2.3M | $3.0M | $3.0M | $4.7M | $1.8M | $2.1M | $1.8M | $964,246 | $1.0M | $1.4M | $941,803 |
| Receivables | $253,253 | $398,319 | $363,935 | $3.6M | $2.6M | $1.6M | $509,762 | $339,876 | $157,335 | $166,273 | $128,171 | $130,907 |
| Inventory | $4.0M | $5.2M | $6.0M | $6.0M | $6.8M | $7.0M | $6.4M | $6.4M | $3.9M | $4.1M | $4.2M | $3.5M |
| Other current assets | $1.8M | $828,739 | $613,597 | $501,713 | $402,163 | $451,757 | $695,163 | $482,523 | $827,552 | $802,356 | $231,812 | $364,586 |
| Total current assets | $6.9M | $8.8M | $10.0M | $13.2M | $14.5M | $10.9M | $9.7M | $9.0M | $5.9M | $6.1M | $5.9M | $4.9M |
| Property, plant & equipment (net) | $12.0M | $11.8M | $12.4M | $13.3M | $14.3M | $15.3M | $16.2M | $15.7M | $12.0M | $12.8M | $14.1M | $12.9M |
| Goodwill & intangible assets | $5.9M | $6.2M | $6.5M | $6.8M | $7.1M | $7.4M | $7.7M | $8.0M | $3.7M | $3.9M | $4.2M | $9.9M |
| Long-term investments | $2.2M | $2.3M | $4.0M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $624,877 | $628,957 | $630,824 | $541,123 | $544,939 | $528,181 | $543,374 | $550,538 | $6.3M | $5.2M | $4.2M | $3.3M |
| Total assets | $27.7M | $29.7M | $33.5M | $33.7M | $36.4M | $34.1M | $34.1M | $33.2M | $27.8M | $28.0M | $28.4M | $31.0M |
| Liabilities | ||||||||||||
| Accounts payable | $6.7M | $7.0M | $7.3M | $6.9M | $7.7M | $7.1M | $5.1M | $4.3M | $3.8M | $3.1M | $4.4M | $3.2M |
| Short-term debt | $4.5M | $4.5M | $4.6M | $5.6M | $4.7M | $5.3M | $5.7M | $5.2M | $5.2M | $5.1M | $3.5M | $2.9M |
| Deferred revenue | — | $33,008 | $27,700 | $39,089 | $44,777 | $41,576 | — | — | — | — | — | — |
| Total current liabilities | $13.6M | $12.9M | $12.7M | $13.5M | $13.2M | $13.4M | $11.9M | $10.3M | $9.6M | $9.0M | $8.6M | $6.4M |
| Long-term debt | $3.6M | $5.2M | $6.2M | $6.5M | $8.7M | $8.9M | $9.2M | $9.7M | $2.0M | $2.2M | $2.4M | $0 |
| Lease obligations | $10.3M | $10.1M | $10.7M | $11.5M | $12.4M | $13.3M | $14.2M | $13.6M | $9.8M | $10.5M | $11.2M | — |
| Other long-term liabilities | $7.0M | $6.8M | $7.3M | $7.8M | $8.7M | $9.7M | $10.6M | $10.2M | $7.2M | $7.8M | $8.5M | $9.4M |
| Total liabilities | $24.2M | $25.0M | $26.2M | $27.8M | $30.6M | $32.0M | $31.7M | $30.3M | $18.9M | $19.0M | $19.4M | $15.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $29,892 | $25,371 | $19,991 | $15,066 | $12,566 | $10,566 | $9,816 | $9,816 | $9.0M | $9.0M | $9.0M | $15.1M |
| Retained earnings (deficit) | −$11.4M | −$8.3M | −$4.7M | −$3.0M | −$1.8M | −$1.4M | −$730,907 | −$180,119 | — | — | — | — |
| Accumulated other comprehensive income | — | — | — | — | — | — | $0 | $0 | — | — | — | — |
| Total shareholders' equity | $3.5M | $4.7M | $7.3M | $5.9M | $5.8M | $2.1M | $2.4M | $2.9M | $9.0M | $9.0M | $9.0M | $15.1M |
| Key figures | ||||||||||||
| Total debt | $15.1M | $16.4M | $18.0M | $20.0M | $22.1M | $23.9M | $25.5M | $25.2M | $14.4M | $15.2M | $14.3M | $12.3M |
| Net cash (debt) | −$14.2M | −$14.1M | −$15.0M | −$17.0M | −$17.4M | −$22.2M | −$23.5M | −$23.4M | −$13.4M | −$14.2M | −$12.9M | −$11.4M |
| Working capital | −$6.6M | −$4.1M | −$2.7M | −$291,357 | $1.3M | −$2.4M | −$2.2M | −$1.3M | −$3.8M | −$2.9M | −$2.6M | −$1.5M |
| Tangible book value | −$2.4M | −$1.5M | $795,421 | −$850,146 | −$1.3M | −$5.2M | −$5.3M | −$5.0M | $5.3M | $5.0M | $4.8M | $5.3M |
| Book value per share | $4.52 | $7.74 | $15.43 | $15.09 | $16.56 | $7.40 | $8.87 | $11.02 | $33.50 | $39.92 | $34.09 | $54.05 |
| Shares outstanding | 775K | 612K | 473K | 392K | 348K | 287K | 268K | 266K | 269K | 225K | 264K | 280K |
| Current ratio | 0.51 | 0.68 | 0.79 | 0.98 | 1.10 | 0.82 | 0.81 | 0.87 | 0.61 | 0.68 | 0.69 | 0.77 |
| Quick ratio | 0.08 | 0.21 | 0.27 | 0.49 | 0.55 | 0.26 | 0.21 | 0.21 | 0.12 | 0.13 | 0.18 | 0.17 |
| Debt / equity | 4.30 | 3.46 | 2.47 | 3.38 | 3.84 | 11.27 | 10.72 | 8.58 | 1.60 | 1.69 | 1.59 | 0.81 |
| Equity / assets | 12.6% | 16.0% | 21.8% | 17.5% | 15.8% | 6.2% | 7.0% | 8.8% | 32.3% | 32.1% | 31.6% | 48.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 16, 2026); data from EODHD.
HCWC financial position
At the end of fiscal 2025 (December 31, 2025), Healthy Choice Wellness had total assets of $33.5 million (down 1.8% from a year earlier), total liabilities of $26.2 million and shareholders' equity of $7.3 million. It held $3.0 million in cash and short-term investments against $18.0 million of debt, net debt of $15.0 million. Its current ratio was 0.79. In the latest quarter (ended June 30, 2026) total assets were $27.7 million and equity $3.5 million.
Related: HCWC income statement, HCWC cash flow statement, HCWC key metrics. See the HCWC stock overview for the latest quote and news.
HCWC balance sheet FAQ
What are Healthy Choice Wellness's total assets?
Healthy Choice Wellness reported total assets of $33.5 million at the end of fiscal 2025 (December 31, 2025), compared with $34.1 million a year earlier.
How much debt does Healthy Choice Wellness have?
Healthy Choice Wellness had $18.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.47.
How much cash does Healthy Choice Wellness have?
Healthy Choice Wellness held $3.0 million in cash and short-term investments at the end of fiscal 2025; with $18.0 million of debt that is net debt of $15.0 million.
What is Healthy Choice Wellness's book value?
Healthy Choice Wellness's shareholders' equity (book value) was $7.3 million at the end of fiscal 2025, or $15.43 per share.
What is Healthy Choice Wellness's current ratio?
Healthy Choice Wellness had current assets of $10.0 million and current liabilities of $12.7 million, a current ratio of 0.79 (current liabilities exceed current assets).
How much goodwill does Healthy Choice Wellness have?
Healthy Choice Wellness carried $6.5 million of goodwill and intangible assets, 19.4% of total assets, at the end of fiscal 2025.