Heart Long Term Debt vs Good Will Analysis

HSCSW Stock  USD 0.04  0.00  0.00%   
Heart Test financial indicator trend analysis is much more than just examining Heart Test Laboratories latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heart Test Laboratories is a good investment. Please check the relationship between Heart Test Long Term Debt and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Long Term Debt vs Good Will

Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heart Test Laboratories Long Term Debt account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Heart Test's Long Term Debt and Good Will is -0.06. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Heart Test Laboratories, assuming nothing else is changed. The correlation between historical values of Heart Test's Long Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Heart Test Laboratories are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., Heart Test's Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Heart Test Laboratories has held for over one year. Long-term debt appears on Heart Test Laboratories balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Heart Test Laboratories balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Heart Test's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heart Test Laboratories current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Heart Test's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 0.23 in 2025, whereas Selling General Administrative is likely to drop slightly above 2.5 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense243.2K354.1K407.2K242.9K
Depreciation And Amortization26.9K95.1K109.4K58.5K

Heart Test fundamental ratios Correlations

-0.170.620.390.90.560.77-0.85-0.860.421.01.00.47-0.091.00.99-0.64-0.210.68-0.860.990.880.160.990.750.2
-0.170.610.77-0.58-0.70.330.64-0.110.59-0.13-0.260.590.99-0.13-0.27-0.50.99-0.5-0.28-0.13-0.130.92-0.25-0.480.86
0.620.610.890.230.060.94-0.18-0.830.880.650.540.920.630.650.56-0.950.580.33-0.920.670.660.790.540.370.76
0.390.770.89-0.03-0.240.760.1-0.60.920.430.310.710.760.430.31-0.730.730.0-0.720.420.380.920.310.050.96
0.9-0.580.23-0.030.760.48-0.99-0.660.060.880.940.13-0.50.880.94-0.31-0.610.76-0.580.880.79-0.280.930.82-0.22
0.56-0.70.06-0.240.760.38-0.83-0.480.020.540.60.04-0.70.540.64-0.12-0.710.96-0.330.570.72-0.540.580.95-0.47
0.770.330.940.760.480.38-0.45-0.910.80.790.710.840.360.790.73-0.890.30.61-0.950.810.870.540.70.650.56
-0.850.64-0.180.1-0.99-0.83-0.450.65-0.02-0.83-0.89-0.110.58-0.83-0.90.260.67-0.820.52-0.83-0.780.37-0.88-0.860.3
-0.86-0.11-0.83-0.6-0.66-0.48-0.910.65-0.69-0.88-0.82-0.77-0.14-0.88-0.850.85-0.08-0.680.94-0.9-0.84-0.39-0.82-0.7-0.39
0.420.590.880.920.060.020.8-0.02-0.690.460.350.720.550.460.37-0.760.560.25-0.760.470.460.790.320.270.82
1.0-0.130.650.430.880.540.79-0.83-0.880.460.990.51-0.051.00.99-0.67-0.170.67-0.881.00.890.20.990.750.23
1.0-0.260.540.310.940.60.71-0.89-0.820.350.990.39-0.180.991.0-0.57-0.30.7-0.810.980.870.071.00.770.12
0.470.590.920.710.130.040.84-0.11-0.770.720.510.390.620.510.43-0.970.60.31-0.820.550.560.690.40.310.57
-0.090.990.630.76-0.5-0.70.360.58-0.140.55-0.05-0.180.62-0.05-0.19-0.550.98-0.49-0.34-0.06-0.080.92-0.16-0.450.84
1.0-0.130.650.430.880.540.79-0.83-0.880.461.00.990.51-0.050.99-0.67-0.170.67-0.881.00.890.20.990.750.23
0.99-0.270.560.310.940.640.73-0.9-0.850.370.991.00.43-0.190.99-0.6-0.30.74-0.830.990.890.070.990.810.1
-0.64-0.5-0.95-0.73-0.31-0.12-0.890.260.85-0.76-0.67-0.57-0.97-0.55-0.67-0.6-0.5-0.380.93-0.71-0.66-0.69-0.58-0.41-0.58
-0.210.990.580.73-0.61-0.710.30.67-0.080.56-0.17-0.30.60.98-0.17-0.3-0.5-0.5-0.26-0.17-0.170.9-0.29-0.490.81
0.68-0.50.330.00.760.960.61-0.82-0.680.250.670.70.31-0.490.670.74-0.38-0.5-0.550.710.85-0.310.670.99-0.25
-0.86-0.28-0.92-0.72-0.58-0.33-0.950.520.94-0.76-0.88-0.81-0.82-0.34-0.88-0.830.93-0.26-0.55-0.9-0.83-0.57-0.81-0.61-0.54
0.99-0.130.670.420.880.570.81-0.83-0.90.471.00.980.55-0.061.00.99-0.71-0.170.71-0.90.90.20.980.770.21
0.88-0.130.660.380.790.720.87-0.78-0.840.460.890.870.56-0.080.890.89-0.66-0.170.85-0.830.90.090.870.90.14
0.160.920.790.92-0.28-0.540.540.37-0.390.790.20.070.690.920.20.07-0.690.9-0.31-0.570.20.090.08-0.260.95
0.99-0.250.540.310.930.580.7-0.88-0.820.320.991.00.4-0.160.990.99-0.58-0.290.67-0.810.980.870.080.750.12
0.75-0.480.370.050.820.950.65-0.86-0.70.270.750.770.31-0.450.750.81-0.41-0.490.99-0.610.770.9-0.260.75-0.2
0.20.860.760.96-0.22-0.470.560.3-0.390.820.230.120.570.840.230.1-0.580.81-0.25-0.540.210.140.950.12-0.2
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Heart Test Account Relationship Matchups

Heart Test fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9M2.1M3.3M9.5M10.9M11.5M
Short Long Term Debt Total3.1M6.2M1.6M1.0M932.7K886.1K
Other Current Liab422.4K1.1M672.0K701.3K806.5K627.4K
Total Current Liabilities1.2M3.5M1.8M1.8M2.0M2.1M
Total Stockholder Equity(1.9M)(6.1M)230.6K7.3M8.4M8.8M
Property Plant And Equipment Net289.3K158.6K590.7K560.0K644.0K443.6K
Net Debt2.4M5.2M(94.6K)(4.8M)(4.3M)(4.1M)
Retained Earnings(49.6M)(54.4M)(60.8M)(67.4M)(60.6M)(63.7M)
Accounts Payable335.8K694.7K631.4K448.2K515.4K543.2K
Cash723.5K918.3K1.7M5.8M6.7M7.0M
Non Current Assets Total289.3K158.6K590.7K2.1M2.5M2.6M
Cash And Short Term Investments723.5K918.3K1.7M5.8M6.7M7.0M
Net Receivables94.8K2.3K319.4K876.7K1.0M1.1M
Common Stock Shares Outstanding33.1K33.2K79.5K352.5K317.3K301.4K
Liabilities And Stockholders Equity1.9M2.1M3.3M9.5M10.9M11.5M
Non Current Liabilities Total2.6M4.7M1.2M434.0K390.6K371.1K
Capital Lease Obligations198.6K91.0K565.9K536.3K616.8K370.4K
Inventory750.8K674.1K676.4K629.2K566.3K574.0K
Other Current Assets163.8K89.8K359.8K917.1K1.1M1.1M
Other Stockholder Equity47.7M48.3M61.0M74.7M85.9M61.4M
Total Liab3.8M8.1M3.1M2.2M2.5M4.2M
Net Invested Capital970.1K15.5K1.2M7.8M9.0M9.4M
Property Plant And Equipment Gross707.7K603.5K1.1M1.1M1.2M932.4K
Total Current Assets1.6M1.9M2.7M7.4M8.5M8.9M
Capital Stock3.8K3.8K10.5K1.1K1.2K1.2K
Net Working Capital392.0K(1.5M)863.7K5.6M6.4M6.8M
Short Term Debt487.8K1.7M529.5K602.3K692.6K832.6K

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