Heartbeam Financial Statements From 2010 to 2024

BEAT Stock  USD 2.16  0.36  20.00%   
Heartbeam financial statements provide useful quarterly and yearly information to potential Heartbeam investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Heartbeam financial statements helps investors assess Heartbeam's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Heartbeam's valuation are summarized below:
Market Capitalization
56.9 M
Earnings Share
(0.72)
There are currently one hundred twenty fundamental trends for Heartbeam that can be evaluated and compared over time across competitors. All traders should confirm Heartbeam's regular fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Enterprise Value is likely to gain to about 45.9 M in 2024, whereas Market Cap is likely to drop slightly above 34.1 M in 2024.

Heartbeam Total Revenue

0.0

Check Heartbeam financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heartbeam main balance sheet or income statement drivers, such as Depreciation And Amortization of 147.5 K, Selling And Marketing Expenses of 30.7 M or Total Revenue of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 5.06, Dividend Yield of 0.0 or PTB Ratio of 3.15. Heartbeam financial statements analysis is a perfect complement when working with Heartbeam Valuation or Volatility modules.
  
This module can also supplement various Heartbeam Technical models . Check out the analysis of Heartbeam Correlation against competitors.
For more information on how to buy Heartbeam Stock please use our How to Invest in Heartbeam guide.

Heartbeam Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets16.3 M17.1 M127 M
Pretty Stable
Cash17.4 M16.2 M19.9 M
Very volatile
Other Assets380.5 K400.5 K2.1 M
Slightly volatile
Cash And Short Term Investments19.6 M16.2 M21.9 M
Pretty Stable
Common Stock Shares Outstanding19.1 M20.3 M20.1 M
Pretty Stable
Liabilities And Stockholders Equity16.3 M17.1 M127.1 M
Pretty Stable
Other Stockholder Equity50.1 M52.8 M203.1 M
Slightly volatile
Total Liabilities1.1 M1.2 M53.7 M
Very volatile
Total Current Assets16 M16.8 M40.9 M
Slightly volatile
Short and Long Term Debt Total4.7 M4.9 M35.2 M
Very volatile
Other Current Liabilities1.1 M1.2 M9.2 M
Slightly volatile
Total Current Liabilities1.1 M1.2 M19.2 M
Slightly volatile
Accounts Payable1.4 K1.5 K5.8 M
Slightly volatile
Non Currrent Assets Other54.6 K57.5 K2.2 M
Very volatile
Net Receivables105.6 M100.6 M52.9 M
Slightly volatile
Other Current Assets604.2 K636 K2.2 M
Pretty Stable
Short Term Debt3.4 M3.9 MM
Pretty Stable
Common Stock2.9 KK94.6 K
Slightly volatile
Good Will363.8 M346.5 M170.4 M
Slightly volatile
Intangible Assets156.5 M149 M79.6 M
Slightly volatile
Short Term Investments30.1 M32.1 M28.3 M
Slightly volatile
Inventory4.1 M6.6 M4.4 M
Slightly volatile
Long Term Debt2.7 MM3.3 M
Slightly volatile
Short and Long Term Debt5.2 M4.9 M1.6 M
Slightly volatile

Heartbeam Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization147.5 K155.2 K12.4 M
Pretty Stable
Selling And Marketing Expenses30.7 M58.3 M35.9 M
Slightly volatile
Gross Profit331.2 M315.4 M180.9 M
Slightly volatile
Other Operating Expenses14.5 M15.3 M98.3 M
Slightly volatile
Research Development5.8 M6.8 M5.7 M
Pretty Stable
Cost Of Revenue199 M189.6 M112.4 M
Slightly volatile
Total Operating Expenses14.5 M15.3 M55.8 M
Slightly volatile
Interest Expense72.1 K75.9 K2.5 M
Pretty Stable
Selling General Administrative8.1 M8.5 M43 M
Pretty Stable
Interest Income407.6 K675 K129.4 K
Slightly volatile

Heartbeam Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow3.4 M3.6 M13.3 M
Slightly volatile
Depreciation51.9 M49.4 M27.8 M
Slightly volatile
End Period Cash Flow18.6 M16.2 M19.6 M
Very volatile
Net BorrowingsM1.9 M668.1 K
Slightly volatile
Change To Netincome1.1 M1.3 M542.5 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.064.813.6082
Slightly volatile
Days Sales Outstanding82.0355.358.264
Slightly volatile
Average Payables908956187.7 K
Slightly volatile
Stock Based Compensation To Revenue0.04050.02670.0276
Pretty Stable
EV To Sales5.335.083.6668
Slightly volatile
Inventory Turnover25.4523.422.5639
Pretty Stable
Days Of Inventory On Hand13.4716.1516.8653
Very volatile
Payables Turnover8.489.448.0429
Pretty Stable
Sales General And Administrative To Revenue0.320.28140.2933
Very volatile
Research And Ddevelopement To Revenue0.03060.03230.0715
Slightly volatile
Cash Per Share0.760.79621.1395
Slightly volatile
Days Payables Outstanding39.740.0346.8246
Slightly volatile
Intangibles To Total Assets0.30.570.4634
Slightly volatile
Current Ratio14.814.09134.9973
Slightly volatile
Receivables Turnover4.466.836.6785
Slightly volatile
Graham Number3.393.56327.3058
Slightly volatile
Average Receivables13.3 M15 M16.3 M
Slightly volatile
Revenue Per Share9.0412.848.3443
Slightly volatile
Interest Debt Per Share0.00880.00931.8388
Slightly volatile
Debt To Assets46.0875.7957.7929
Slightly volatile
Days Of Payables Outstanding39.740.0346.8246
Slightly volatile
Quick Ratio14.2413.55864.6851
Slightly volatile
Net Income Per E B T1.00.891.2409
Very volatile
Cash Ratio14.2413.55864.0209
Slightly volatile
Days Of Inventory Outstanding13.4716.1516.8653
Very volatile
Days Of Sales Outstanding82.0355.358.264
Slightly volatile
Fixed Asset Turnover8.299.58.4753
Pretty Stable
Debt Ratio46.0875.7957.7929
Slightly volatile
Price Sales Ratio5.064.813.6082
Slightly volatile
Asset Turnover0.820.610.9019
Slightly volatile
Gross Profit Margin0.460.560.574
Pretty Stable
Operating Cycle94.8575.9374.6361
Slightly volatile
Cash Conversion Cycle40.2824.7826.0788
Pretty Stable

Heartbeam Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap34.1 M35.9 M60.2 M
Slightly volatile
Enterprise Value45.9 M32.6 M32.9 M
Pretty Stable

Heartbeam Fundamental Market Drivers

Cash And Short Term Investments16.2 M

Heartbeam Upcoming Events

21st of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Heartbeam Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Heartbeam income statement, its balance sheet, and the statement of cash flows. Heartbeam investors use historical funamental indicators, such as Heartbeam's revenue or net income, to determine how well the company is positioned to perform in the future. Although Heartbeam investors may use each financial statement separately, they are all related. The changes in Heartbeam's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Heartbeam's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Heartbeam Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Heartbeam. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue(545.10)(517.84)
Total Revenue 0.00  0.00 
Cost Of Revenue189.6 M199 M
Stock Based Compensation To Revenue 0.03  0.04 
Sales General And Administrative To Revenue 0.28  0.32 
Research And Ddevelopement To Revenue 0.03  0.03 
Capex To Revenue(0.06)(0.06)
Revenue Per Share 12.84  9.04 
Ebit Per Revenue 0.19  0.20 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Heartbeam in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Heartbeam's short interest history, or implied volatility extrapolated from Heartbeam options trading.

Pair Trading with Heartbeam

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Heartbeam position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Heartbeam will appreciate offsetting losses from the drop in the long position's value.

Moving against Heartbeam Stock

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The ability to find closely correlated positions to Heartbeam could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heartbeam when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Heartbeam - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Heartbeam to buy it.
The correlation of Heartbeam is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Heartbeam moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heartbeam moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Heartbeam can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Heartbeam is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Heartbeam Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Heartbeam Stock. Highlighted below are key reports to facilitate an investment decision about Heartbeam Stock:
Check out the analysis of Heartbeam Correlation against competitors.
For more information on how to buy Heartbeam Stock please use our How to Invest in Heartbeam guide.
Note that the Heartbeam information on this page should be used as a complementary analysis to other Heartbeam's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Heartbeam Stock analysis

When running Heartbeam's price analysis, check to measure Heartbeam's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heartbeam is operating at the current time. Most of Heartbeam's value examination focuses on studying past and present price action to predict the probability of Heartbeam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartbeam's price. Additionally, you may evaluate how the addition of Heartbeam to your portfolios can decrease your overall portfolio volatility.
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Is Heartbeam's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heartbeam. If investors know Heartbeam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heartbeam listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.72)
Return On Assets
(0.90)
Return On Equity
(1.60)
The market value of Heartbeam is measured differently than its book value, which is the value of Heartbeam that is recorded on the company's balance sheet. Investors also form their own opinion of Heartbeam's value that differs from its market value or its book value, called intrinsic value, which is Heartbeam's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heartbeam's market value can be influenced by many factors that don't directly affect Heartbeam's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heartbeam's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartbeam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartbeam's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.