Heska Stock Financials

HSKA -  USA Stock  

USD 160.96  4.49  2.71%

Understanding current and past Heska Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Heska Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Heska Corp's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Heska Corp's financials over time to get the whole picture.
Heska Corp Average Assets are projected to increase significantly based on the last few years of reporting. The past year's Average Assets were at 377.9 Million. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 2.9 M, whereas Net Income Per Employee is forecasted to decline to (24.5 K).
We strongly advise to harness Heska Corp fundamental analysis to see if markets are presently mispricing the company. Simply put, you can make use of it to find out if Heska Corp is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to collect data for thirty-seven available reported financial drivers for Heska Corp, which can be compared to its competitors. To make sure the equity is not overpriced, please check out all Heska Corp financials, including its price to book, cash and equivalents, cash flow from operations, as well as the relationship between the gross profit and debt to equity . Given that Heska Corp has a price to earning of 244.78 X, we strongly advise you to confirm Heska Corp regular market performance to make sure the company can sustain itself down the road. Use Heska Corp to protect your portfolios against small market fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Heska Corp to be traded at $154.52 in 90 days.

Heska Fundamentals 

 
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With this module, you can analyze Heska financials for your investing period. You should be able to track the changes in Heska Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
The fundamental analysis of Heska Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Heska Corp includes many different criteria found on its balance sheet. For example, investors should never minimize Heska Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Heska Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Heska Corp.

Heska Corp Cash

Chance Of Financial Distress
Less than 3
Heska Corp has less than 3 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Heska Corp stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Heska Corp's official financial statements usually reflect Heska Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Heska Corp. For example, before you start analyzing numbers published by Heska accountants, it's critical to develop an understanding of what Heska Corp's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Heska Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Heska Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Heska Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Heska Corp. Please utilize our Beneish M Score to check the likelihood of Heska Corp's management to manipulate its earnings.

Heska Corp Company Summary

Heska Corp competes with Agilent Technologies, Berkeley Lights, Burning Rock, Bioventus Inc, and Charles River. Heska Corporation manufactures, sells, and markets veterinary diagnostic and specialty products for canine and feline healthcare markets in the United States, Canada, Mexico, Australia, France, Germany, Italy, Malaysia, Spain, and Switzerland. Heska Corporation was founded in 1988 and is based in Loveland, Colorado. Heska Corp operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 602 people.
Specialization
Healthcare, Diagnostics & Research
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0001038133
CUSIP42805E108
RegionNorth America
LocationColorado; U.S.A
Business Address3760 Rocky Mountain
SectorHealthcare
IndustryDiagnostics & Research
BenchmarkDOW
Websitewww.heska.com
Phone970 493 7272
CurrencyUSD - US Dollar
You should never invest in Heska Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Heska Stock, because this is throwing your money away. Analyzing the key information contained in Heska Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Heska Corp Key Financial Ratios

Generally speaking, Heska Corp's financial ratios allow both analysts and investors to convert raw data from Heska Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Heska Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Heska Corp reports annually and quarterly.

Heska Corp Key Balance Sheet Accounts

201620172018201920202021 (projected)
Inventories20.39 M32.6 M25.1 M26.6 M40.04 M43.2 M
Receivables20.86 M17.78 M19.44 M19.02 M35.87 M38.71 M
Accounts Payable7.15 M9.49 M7.47 M6.6 M15.12 M16.31 M
Total Assets130.84 M135.44 M156.45 M244.42 M399.84 M431.41 M
Current Assets55.27 M62.79 M62.41 M139.87 M171.28 M184.8 M
Assets Non Current75.57 M72.66 M94.05 M104.56 M228.56 M246.61 M
Cash and Equivalents10.79 M9.66 M13.39 M89.03 M86.33 M93.15 M
Total Debt371 K750 K6 M52.63 M54.96 M59.3 M
Debt Current189 K302 K750 K1.75 M2.09 M1.92 M
Debt Non Current227 K69 K6 M50.88 M52.87 M57.05 M
Deferred Revenue15.02 M12.42 M9.61 M8.9 M11.52 M12.67 M
Shareholders Equity86.97 M100.44 M122.41 M154.36 M287.05 M309.72 M
Inventory20.39 M32.6 M25.1 M26.6 M40.04 M32.75 M
Investments4.83 M9.62 M22.91 M25.59 M33.96 M36.64 M
Total Liabilities43.87 M35 M34.04 M89.89 M112.79 M121.69 M
Current Liabilities32.41 M19.38 M20.36 M32.2 M42.12 M34.5 M
Tax Assets21.12 M11.88 M14.12 M6.43 M5.69 M5.84 M

Heska Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Heska Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201620172018201920202021 (projected)
Direct Expenses76.19 M71.08 M70.81 M68.21 M116.03 M125.19 M
Consolidated Income12.16 M9.46 M5.85 M(1.73 M)(14.75 M)(15.14 M)
Cost of Revenue76.19 M71.08 M70.81 M68.21 M116.03 M97.27 M
Gross Profit53.89 M58.26 M56.64 M54.45 M81.29 M69.11 M
Interest Expense29 K(150 K)(13 K)2.91 M5.6 M6.04 M
Net Income10.51 M9.95 M5.85 M(1.47 M)(14.4 M)(14.78 M)
Operating Expenses37.36 M40.04 M52.84 M54.12 M89.48 M70.97 M
Operating Income16.53 M18.22 M3.79 M327 K(8.19 M)(8.41 M)
Revenues130.08 M129.34 M127.45 M122.66 M197.32 M166.38 M
Income Tax Expense4.34 M8.91 M(2.12 M)(1.45 M)239 K245.29 K

Heska Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Heska Corp. It measures of how well Heska is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Heska Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Heska had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Heska Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201620172018201920202021 (projected)
Capital Expenditure(3.42 M)(3.41 M)(4.08 M)(1.04 M)(676 K)(729.37 K)
Depreciation Amortization and Accretion4.64 M4.75 M4.59 M4.92 M11.38 M12.28 M
Net Cash Flow or Change in Cash and Cash Equivalents3.9 M(1.14 M)3.73 M75.64 M(2.7 M)(2.77 M)
Issuance Purchase of Equity Shares1.62 M1.38 M2.76 M(1.62 M)2.8 M3.02 M
Issuance Repayment of Debt Securities(217 K)5.14 M(10 K)75.88 M(818 K)(839.53 K)
Net Cash Flow from Financing1.4 M5.55 M2.63 M74.26 M123.76 M133.53 M
Net Cash Flow from Investing(3.3 M)(17.17 M)(12.17 M)(1.92 M)(126.6 M)(129.93 M)
Net Cash Flow from Operations5.86 M10.41 M13.29 M3.3 M(656 K)(673.26 K)
Effect of Exchange Rate Changes on Cash(43 K)(52 K)74 K4 K793 K855.61 K
Share Based Compensation2.26 M2.75 M5.23 M4.97 M9.49 M10.24 M

Heska Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Heska Corp's current stock value. Our valuation model uses many indicators to compare Heska Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Heska Corp competition to find correlations between indicators driving Heska Corp's intrinsic value. More Info.
Heska Corp is rated # 4 in shares owned by insiders category among related companies. It is rated # 5 in book value per share category among related companies creating about  7.11  of Book Value Per Share per Shares Owned by Insiders. Heska Corp Book Value per Share is projected to increase significantly based on the last few years of reporting. The past year's Book Value per Share was at 33.17. Comparative valuation analysis is a catch-all model that can be used if you cannot value Heska Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Heska Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Heska Corp's earnings, one of the primary drivers of an investment's value.

Heska Corp Systematic Risk

Heska Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Heska Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Heska Corp correlated with the market. If Beta is less than 0 Heska Corp generally moves in the opposite direction as compared to the market. If Heska Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Heska Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Heska Corp is generally in the same direction as the market. If Beta > 1 Heska Corp moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Heska Corp Financials

What exactly are Heska Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Heska Corp's income statement, its balance sheet, and the statement of cash flows. Potential Heska Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Heska Corp investors may use each financial statement separately, they are all related. The changes in Heska Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Heska Corp'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. Please read more on our technical analysis and fundamental analysis pages.
 2018 2019 2020 2021 (projected)
Receivables19.44 M19.02 M35.87 M38.71 M
Inventories25.1 M26.6 M40.04 M43.2 M
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Heska Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Heska grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Heska Corp November 30, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Heska Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Heska Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Heska Corp based on widely used predictive technical indicators. In general, we focus on analyzing Heska Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Heska Corp's daily price indicators and compare them against related drivers.
Information Ratio(0.25)
Maximum Drawdown15.93
Value At Risk(4.67)
Potential Upside3.48
Please check Risk vs Return Analysis. Note that the Heska Corp information on this page should be used as a complementary analysis to other Heska Corp'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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Is Heska Corp'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 Heska Corp. If investors know Heska 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 Heska Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Heska Corp is measured differently than its book value, which is the value of Heska that is recorded on the company's balance sheet. Investors also form their own opinion of Heska Corp's value that differs from its market value or its book value, called intrinsic value, which is Heska Corp'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 Heska Corp's market value can be influenced by many factors that don't directly affect Heska Corp'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 Heska Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Heska Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heska Corp'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.