Heart Test Laboratories Inc. Common Stock (HSCS) — Tangible Net Worth Ratio
Heart Test Laboratories Inc. Common Stock (HSCS) has a Tangible Net Worth Ratio of -732968.7% as of April 2026. This metric is calculated by deducting intangible assets ($1.66 Billion) from net assets ($226.06K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Heart Test Laboratories Inc. Common Stoc equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Heart Test Laboratories Inc. Common Stock Tangible Net Worth Ratio (2020–2026)
This chart shows how Heart Test Laboratories Inc. Common Stock's Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2026. As of April 2026, the ratio stands at -732968.7%, reflecting net assets of $226.06K with intangible assets of $1.66 Billion USD. Check how strategically is Heart Test Laboratories Inc. Common Stoc's equity deployed to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Heart Test Laboratories Inc. Common Stock (2020–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Heart Test Laboratories Inc. Common Stock from 2020 to 2026, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Heart Test Laboratories Inc. Common Stoc stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | -949.4% | $226.06 Million | $2.37 Billion | $5.26 Billion | ▼ -261.7 pp |
| 2025 | -687.8% | $205.17K | $1.62 Million | $4.22 Million | ▼ -766.1 pp |
| 2024 | 78.3% | $7.32 Million | $1.59 Million | $9.50 Million | ▼ -21.7 pp |
| 2023 | 100.0% | $230.56K | $0.00 | $3.29 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $315.55K | $0.00 | $1.96 Million | — |