HeartCore Enterprises Inc (HTCR) - Total Assets
Based on the latest financial reports, HeartCore Enterprises Inc (HTCR) holds total assets worth $13.34 Million USD as of September 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. See HeartCore Enterprises Inc net assets for net asset value and shareholders' equity analysis.
HeartCore Enterprises Inc - Total Assets Trend (2019–2024)
This chart illustrates how HeartCore Enterprises Inc's total assets have evolved over time, based on quarterly financial data.
HeartCore Enterprises Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
HeartCore Enterprises Inc's total assets of $13.34 Million consist of 67.4% current assets and 32.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.2% |
| Accounts Receivable | $2.09 Million | 15.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how HeartCore Enterprises Inc'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. For live market cap, price, and company overview, see HeartCore Enterprises Inc market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: HeartCore Enterprises Inc's current assets represent 67.4% of total assets in 2024, an increase from 24.3% in 2019.
- Cash Position: Cash and equivalents constituted 15.2% of total assets in 2024, up from 6.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 15.0% of total assets.
HeartCore Enterprises Inc Competitors by Total Assets
Key competitors of HeartCore Enterprises Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Baosight Software Co Ltd A
SHG:600845
|
China | CN¥23.04 Billion |
|
Workiva Inc
NYSE:WK
|
USA | $1.49 Billion |
|
Dave Inc
NASDAQ:DAVE
|
USA | $487.40 Million |
|
Sinosoft Co Ltd
SHG:603927
|
China | CN¥7.14 Billion |
|
ZWSOFT Guangzhou Co Ltd
SHG:688083
|
China | CN¥3.14 Billion |
|
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
|
China | CN¥913.67 Million |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥2.23 Billion |
|
Changzhou Youon Pubilic Bicycle System Co Ltd
SHG:603776
|
China | CN¥4.29 Billion |
HeartCore Enterprises Inc - 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 | 1.37 | 1.88 | 1.04 |
| Quick Ratio | 1.37 | 1.88 | 0.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.36 Million | $5.72 Million | $152.40K |
HeartCore Enterprises Inc - Advanced Valuation Insights
This section examines the relationship between HeartCore Enterprises Inc'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 | 1.63 |
| Latest Market Cap to Assets Ratio | 0.45 |
| Asset Growth Rate (YoY) | -28.8% |
| Total Assets | $13.97 Million |
| Market Capitalization | $6.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values HeartCore Enterprises Inc's assets below their book value (0.45x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: HeartCore Enterprises Inc's assets decreased by 28.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for HeartCore Enterprises Inc (2019–2024)
The table below shows the annual total assets of HeartCore Enterprises Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.97 Million | -28.84% |
| 2023-12-31 | $19.62 Million | +61.66% |
| 2022-12-31 | $12.14 Million | +33.05% |
| 2021-12-31 | $9.12 Million | -11.91% |
| 2020-12-31 | $10.36 Million | +30.38% |
| 2019-12-31 | $7.94 Million | -- |
About HeartCore Enterprises Inc
HeartCore Enterprises, Inc., a software development company, provides software as a service solutions to enterprise customers in Japan, the United States, and internationally. Its customer experience management platform includes marketing, sales, service, and content management systems, as well as other tools and integrations that enable companies to attract and engage customers throughout the cu… Read more