Heartbeam Current Ratio from 2010 to 2024

BEAT Stock  USD 2.79  0.04  1.41%   
Heartbeam Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
14.09128978
Current Value
14.8
Quarterly Volatility
6.9187852
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Heartbeam financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heartbeam's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.4 M, Selling And Marketing Expenses of 9.3 M or Total Revenue of 0.0, as well as many 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.
  
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.

Latest Heartbeam's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Heartbeam over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Heartbeam's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heartbeam's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 12.65 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Heartbeam Current Ratio Regression Statistics

Arithmetic Mean5.00
Geometric Mean1.56
Coefficient Of Variation138.45
Mean Deviation5.03
Median2.32
Standard Deviation6.92
Sample Variance47.87
Range23.7956
R-Value0.55
Mean Square Error36.24
R-Squared0.30
Significance0.04
Slope0.84
Total Sum of Squares670.17

Heartbeam Current Ratio History

2024 14.8
2023 14.09
2022 2.43
2021 23.81
2020 0.0105
2019 0.0198
2018 2.96

About Heartbeam Financial Statements

Heartbeam shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Heartbeam investors may analyze each financial statement separately, they are all interrelated. The changes in Heartbeam's assets and liabilities, for example, are also reflected in the revenues and expenses on on Heartbeam's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 14.09  14.80 

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Additional 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.