Well Health Technologies Stock Today

WELL Stock  CAD 4.86  0.07  1.46%   

Performance

18 of 100

 
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Solid

Odds Of Distress

Less than 5

 
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WELL Health is selling at 4.86 as of the 13th of July 2024; that is 1.46% increase since the beginning of the trading day. The stock's open price was 4.79. WELL Health has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for WELL Health Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of July 2022 and ending today, the 13th of July 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
Category
Healthcare
Classification
Health Care
WELL Health Technologies Corp. operates as a practitioner focused digital health company in Canada, the United States, and internationally. WELL Health Technologies Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada. WELL HEALTH operates under Medical Care Facilities classification in Canada and is traded on Toronto Stock Exchange. The company has 246.18 M outstanding shares of which 1.51 M shares are at this time shorted by private and institutional investors with about 1.59 days to cover all short positions. More on WELL Health Technologies

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WELL Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WELL Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WELL Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman FounderHamed BSc
Thematic IdeaHealth Management (View all Themes)
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, Health Management, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors)
WELL Health's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to WELL Health's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
WELL Health can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand WELL Health's financial leverage. It provides some insight into what part of WELL Health's total assets is financed by creditors.
Liquidity
WELL Health cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. WELL Health Technologies has accumulated 46.11 M in total debt with debt to equity ratio (D/E) of 0.48, which is about average as compared to similar companies. WELL Health Technologies has a current ratio of 1.12, suggesting that it may not have the ability to pay its financial obligations in time and when they become due. Debt can assist WELL Health until it has trouble settling it off, either with new capital or with free cash flow. So, WELL Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like WELL Health Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WELL to invest in growth at high rates of return. When we think about WELL Health's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

69.76 Million
WELL Health Technologies (WELL) is traded on Toronto Exchange in Canada and employs 14 people. WELL Health is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WELL Health's market, we take the total number of its shares issued and multiply it by WELL Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. WELL Health Technologies operates under Health Care Providers & Services sector and is part of Health Care industry. The entity has 246.18 M outstanding shares of which 1.51 M shares are at this time shorted by private and institutional investors with about 1.59 days to cover all short positions. WELL Health Technologies has accumulated about 48.91 M in cash with 66.44 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check WELL Health Probability Of Bankruptcy
Ownership Allocation
WELL Health Technologies owns a total of 246.18 Million outstanding shares. WELL Health Technologies maintains 6.87 (%) of its outstanding shares held by insiders and 5.27 (%) owned by institutional investors. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check WELL Ownership Details

WELL Health Technologies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. WELL Health market risk premium is the additional return an investor will receive from holding WELL Health long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in WELL Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although WELL Health's alpha and beta are two of the key measurements used to evaluate WELL Health's performance over the market, the standard measures of volatility play an important role as well.

WELL Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in WELL Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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WELL Health Corporate Management

Elected by the shareholders, the WELL Health's board of directors comprises two types of representatives: WELL Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WELL. The board's role is to monitor WELL Health's management team and ensure that shareholders' interests are well served. WELL Health's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, WELL Health's outside directors are responsible for providing unbiased perspectives on the board's policies.
Amir JavidanChief OfficerProfile
Arjun KumarChief OfficerProfile
BSc BScChairman FounderProfile
Chris EricksenSenior MarketingProfile
Shane SabatinoChief OfficerProfile
Michael GoodmanHead CanadaProfile

Other Information on Investing in WELL Stock

WELL Health financial ratios help investors to determine whether WELL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WELL with respect to the benefits of owning WELL Health security.