Asset Breakdown
100.4 M
Assets Non Current
59.2 M
Goodwill
173.5 M
Current Assets
| Total Assets | 303.28 Million | |
| Current Assets | 173.55 Million | |
| Assets Non Current | 100.42 Million | |
| Goodwill | 59.16 Million | |
| Tax Assets | 5.94 Million |
You think Heska Corp (NASDAQ:HSKA) debt is an issue for investors?
 | By Raphi Shpitalnik | Macroaxis Story |
Heska Corp is scheduled to announce its earnings today. The next earnings report is expected on the 6th of May 2021. Heska Corp Earnings Before Interest Taxes and Depreciation Amortization EBITDA are projected to increase significantly based on the last few years of reporting. The past year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA were at 5.65 Million. The current year Average Equity is expected to grow to about 171.3 M, whereas Net Income Per Employee is forecasted to decline to (3.5 K). While some baby boomers are getting worried about healthcare space, it is reasonable to go over Heska Corp as an investment alternative. We will analyze why Heska Corp investors may still consider a stake in the business.
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Reviewed by Michael Smolkin
Heska Corp currently holds 58.58 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest Heska Corp is not taking enough advantage from borrowing. On a scale of 0 to 100, Heska Corp holds a performance score of 18. The company retains a Market Volatility (i.e. Beta) of -0.0502, which attests to not very significant fluctuations relative to the market. Let's try to break down what Heska's beta means in this case. As returns on the market increase, returns on owning Heska Corp are expected to decrease at a much lower rate. During the bear market, Heska Corp is likely to outperform the market. Although it is vital to follow Heska Corp current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for Heska Corp, which you can use to evaluate the performance of the firm. Please utilizes Heska Corp treynor ratio, as well as the relationship between the potential upside and expected short fall to make a quick decision on whether Heska Corp current trending patterns will revert. Heska financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Heska, including all of Heska's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Heska assets, the company is considered highly leveraged. Understanding the composition and structure of overall Heska debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
How important is Heska's Liquidity
Heska financial leverage refers to using borrowed capital as a funding source to finance Heska ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Heska financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Heska's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Heska's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Heska's total debt and its cash.
A Deeper Perspective On Heska
The entity reported the previous year's revenue of 166.77 M. Net Loss for the year was (18.59 M) with profit before overhead, payroll, taxes, and interest of 54.45 M.
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Heska. Please refer to our Terms of Use for any information regarding our disclosure principles.