Heart Test Laboratories Inc. Common Stock (HSCS) — Financial Flexibility Index

Latest as of April 2026: 3.45x

Heart Test Laboratories Inc. Common Stock (HSCS) has a Financial Flexibility Index of 3.45x as of April 2026. Free cash flow of $17.36 Million (operating CF $-1.68 Million minus capex $19.03 Million) represents 3% of total liabilities ($5.04 Million). Read HSCS total liabilities for a breakdown of total debt and financial obligations.

Financial Flexibility Index

3.45x
Free Cash Flow / Total Liabilities

Free Cash Flow

$17.36 Million
Operating CF − Capex

Total Liabilities

$5.04 Million
USD

Capital Expenditures

$19.03 Million
USD

Heart Test Laboratories Inc. Common Stock Financial Flexibility Index (2020–2026)

Historical Financial Flexibility Index trend for Heart Test Laboratories Inc. Common Stock across 7 annual periods. Explore HSCS debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Annual Financial Flexibility Index for Heart Test Laboratories Inc. Common Stock (2020–2026)

Year-by-year free cash flow to debt coverage for Heart Test Laboratories Inc. Common Stock. For the full cash flow conversion analysis, see HSCS cash flow metrics.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2026 0.00x $-7.38 Million $-7.43 Million $5.04 Billion ▲ +99.9%
2025 -1.84x $-7.38 Million $-7.41 Million $4.02 Million ▲ +32.4%
2024 -2.72x $-5.94 Million $-6.07 Million $2.19 Million ▼ -44.4%
2023 -1.88x $-5.76 Million $-5.77 Million $3.06 Million ▼ -321.1%
2022 -0.45x $-3.64 Million $-3.64 Million $8.15 Million ▲ +30.0%
2021 -0.64x $-2.45 Million $-2.45 Million $3.84 Million ▲ +72.6%
2020 -2.33x $-3.83 Million $-3.84 Million $1.64 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities