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 56.3% as of October 2025. This metric is calculated by deducting intangible assets ($1.83 Million) from net assets ($4.18 Million) 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. See HSCS net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Heart Test Laboratories Inc. Common Stock Tangible Net Worth Ratio (2020–2025)
This chart shows how Heart Test Laboratories Inc. Common Stock's Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2025. As of October 2025, the ratio stands at 56.3%, reflecting net assets of $4.18 Million with intangible assets of $1.83 Million USD. Also explore HSCS year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Heart Test Laboratories Inc. Common Stock (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Heart Test Laboratories Inc. Common Stock from 2020 to 2025, covering 4 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 the full company profile including market capitalisation, see market cap of Heart Test Laboratories Inc. Common Stoc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (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 | — |