Heart Test Laboratories Inc. Common Stock (HSCS) — Working Capital to Net Assets Ratio
Heart Test Laboratories Inc. Common Stock (HSCS) has a Working Capital to Net Assets ratio of -1072.8% as of April 2026. Working capital of $-2.43 Million (current assets of $2.44 Million minus current liabilities of $4.86 Million) is measured against net assets of $226.06K. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see HSCS total asset value.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Heart Test Laboratories Inc. Common Stock Working Capital to Net Assets (2020–2026)
This chart shows how Heart Test Laboratories Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2020 to 2026. As of April 2026, the ratio stands at -1072.8%, reflecting working capital of $-2.43 Million against net assets of $226.06K USD. Explore Heart Test Laboratories Inc. Common Stoc debt service capacity to assess how comfortably operating cash covers total debt obligations.
Annual Working Capital to Net Assets for Heart Test Laboratories Inc. Common Stock (2020–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Heart Test Laboratories Inc. Common Stock from 2020 to 2026, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read HSCS current and long-term liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -1007.8% | $-2.28 Billion | $226.06 Million | $2.58 Billion | $4.86 Billion | ▼ -261.2 pp |
| 2025 | -746.6% | $-1.53 Million | $205.17K | $2.17 Million | $3.70 Million | ▼ -823.1 pp |
| 2024 | 76.6% | $5.60 Million | $7.32 Million | $7.35 Million | $1.75 Million | ▼ -298.1 pp |
| 2023 | 374.6% | $863.69K | $230.56K | $2.70 Million | $1.83 Million | ▲ +349.2 pp |
| 2022 | 25.4% | $-1.54 Million | $-6.06 Million | $1.93 Million | $3.47 Million | ▲ +52.9 pp |
| 2021 | -27.5% | $524.28K | $-1.91 Million | $1.64 Million | $1.11 Million | ▼ -153.0 pp |
| 2020 | 125.5% | $396.10K | $315.55K | $1.54 Million | $1.14 Million | — |