Heart Test Laboratories Inc. Warrant
HeartSciences Inc., a medical technology company, focuses on applying AI-based technology to an ECG to expand and improve clinical usefulness. It develops artificial intelligence-enhanced electrocardiography (AI-ECG) solutions, an algorithm to detect impaired cardiac relaxation or cardiac dysfunction caused by heart disease and/or age-related cardiac dysfunction; MyoVista wavECG device, a resting… Read more
Heart Test Laboratories Inc. Warrant (HSCSW) - Total Assets
Latest total assets as of October 2025: $6.00 Million USD
Based on the latest financial reports, Heart Test Laboratories Inc. Warrant (HSCSW) holds total assets worth $6.00 Million USD as of October 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Heart Test Laboratories Inc. Warrant - Total Assets Trend (2020–2025)
This chart illustrates how Heart Test Laboratories Inc. Warrant’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Heart Test Laboratories Inc. Warrant - Asset Composition Analysis
Current Asset Composition (April 2025)
Heart Test Laboratories Inc. Warrant's total assets of $6.00 Million consist of 51.4% current assets and 48.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 26.0% |
| Accounts Receivable | $4.35K | 0.1% |
| Inventory | $650.27K | 15.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.62 Million | 38.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how Heart Test Laboratories Inc. Warrant's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Heart Test Laboratories Inc. Warrant's current assets represent 51.4% of total assets in 2025, a decrease from 78.6% in 2020.
- Cash Position: Cash and equivalents constituted 26.0% of total assets in 2025, up from 25.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 38.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 38.3% of total assets.
Heart Test Laboratories Inc. Warrant Competitors by Total Assets
Key competitors of Heart Test Laboratories Inc. Warrant based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Heart Test Laboratories Inc. Warrant - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Heart Test Laboratories Inc. Warrant generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Heart Test Laboratories Inc. Warrant is currently not profitable relative to its asset base.
Heart Test Laboratories Inc. Warrant - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.42 | 1.72 | 1.47 |
| Quick Ratio | 2.00 | 1.52 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.23 Million | $ 2.39 Million | $ 524.28K |
Heart Test Laboratories Inc. Warrant - Advanced Valuation Insights
This section examines the relationship between Heart Test Laboratories Inc. Warrant's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -55.6% |
| Total Assets | $4.22 Million |
| Market Capitalization | $215.99K USD |
Valuation Analysis
Below Book Valuation: The market values Heart Test Laboratories Inc. Warrant's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Heart Test Laboratories Inc. Warrant's assets decreased by 55.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Heart Test Laboratories Inc. Warrant (2020–2025)
The table below shows the annual total assets of Heart Test Laboratories Inc. Warrant from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-04-30 | $4.22 Million | -55.56% |
| 2024-04-30 | $9.50 Million | +189.09% |
| 2023-04-30 | $3.29 Million | +57.33% |
| 2022-04-30 | $2.09 Million | +8.41% |
| 2021-04-30 | $1.93 Million | -1.46% |
| 2020-04-30 | $1.96 Million | -- |