Heartbeam Cash Conversion Cycle vs Free Cash Flow Analysis

BEAT Stock

USD 2.79 0.04 1.41%

Heartbeam financial indicator trend analysis is much more than just examining Heartbeam latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heartbeam is a good investment. Please check the relationship between Heartbeam Cash Conversion Cycle and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heartbeam. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Heartbeam Stock please use our How to Invest in Heartbeam guide.

Cash Conversion Cycle vs Free Cash Flow

Cash Conversion Cycle vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heartbeam Cash Conversion Cycle account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Heartbeam's Cash Conversion Cycle and Free Cash Flow is -0.2. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Heartbeam, assuming nothing else is changed. The correlation between historical values of Heartbeam's Cash Conversion Cycle and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Conversion Cycle of Heartbeam are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Cash Conversion Cycle i.e., Heartbeam's Cash Conversion Cycle and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Conversion Cycle

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Heartbeam's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heartbeam 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Heartbeam. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Heartbeam Stock please use our How to Invest in Heartbeam guide.At this time, Heartbeam's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.32 in 2024, whereas Selling General Administrative is likely to drop slightly above 8.1 M in 2024.

	2023	2024 (projected)
Other Operating Expenses	15.3M	14.5M
Gross Profit	315.4M	331.2M

Other Operating Expenses Gross Profit

Heartbeam fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Other Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Good Will	Intangible Assets
Total Assets		0.99	0.92	0.89	-0.15	0.82	0.71	0.82	0.99	0.92	0.96	0.9	0.84	0.68	-0.41	0.84	0.67	0.03	-0.3	0.97	0.92	-0.12	-0.13	0.79	-0.08	0.12
Total Stockholder Equity	0.99		0.85	0.91	-0.18	0.86	0.78	0.87	0.95	0.95	0.91	0.89	0.83	0.66	-0.48	0.88	0.62	0.0	-0.36	0.93	0.9	-0.17	-0.16	0.83	-0.17	0.03
Net Debt	0.92	0.85		0.69	-0.11	0.59	0.46	0.6	0.96	0.7	0.97	0.8	0.71	0.66	-0.16	0.63	0.74	0.14	-0.08	0.98	0.88	-0.06	-0.09	0.62	0.17	0.37
Cash	0.89	0.91	0.69		-0.13	0.94	0.73	0.75	0.84	0.93	0.81	0.72	0.72	0.5	-0.39	0.8	0.48	-0.09	-0.25	0.83	0.69	-0.07	-0.11	0.62	-0.08	0.07
Other Assets	-0.15	-0.18	-0.11	-0.13		-0.15	-0.46	-0.28	-0.11	-0.2	-0.02	-0.1	0.24	-0.23	0.08	-0.17	-0.17	-0.09	-0.35	-0.11	-0.17	0.96	1.0	-0.16	-0.26	-0.34
Cash And Short Term Investments	0.82	0.86	0.59	0.94	-0.15		0.73	0.76	0.75	0.95	0.72	0.69	0.65	0.45	-0.44	0.72	0.4	-0.1	-0.31	0.73	0.62	-0.11	-0.13	0.55	-0.18	-0.04
Common Stock Shares Outstanding	0.71	0.78	0.46	0.73	-0.46	0.73		0.92	0.63	0.84	0.51	0.77	0.63	0.51	-0.76	0.85	0.31	-0.12	-0.44	0.56	0.68	-0.51	-0.43	0.83	-0.39	-0.22
Other Stockholder Equity	0.82	0.87	0.6	0.75	-0.28	0.76	0.92		0.75	0.91	0.65	0.91	0.81	0.61	-0.83	0.93	0.41	-0.09	-0.64	0.68	0.81	-0.36	-0.25	0.92	-0.53	-0.34
Total Liab	0.99	0.95	0.96	0.84	-0.11	0.75	0.63	0.75		0.85	0.99	0.88	0.82	0.67	-0.33	0.79	0.7	0.06	-0.24	0.99	0.91	-0.07	-0.09	0.73	0.01	0.21
Total Current Assets	0.92	0.95	0.7	0.93	-0.2	0.95	0.84	0.91	0.85		0.79	0.86	0.8	0.6	-0.6	0.88	0.5	-0.06	-0.45	0.81	0.78	-0.2	-0.18	0.77	-0.31	-0.13
Short Long Term Debt Total	0.96	0.91	0.97	0.81	-0.02	0.72	0.51	0.65	0.99	0.79		0.82	0.78	0.62	-0.21	0.7	0.69	0.07	-0.16	1.0	0.87	0.04	0.0	0.64	0.1	0.29
Other Current Liab	0.9	0.89	0.8	0.72	-0.1	0.69	0.77	0.91	0.88	0.86	0.82		0.92	0.64	-0.69	0.91	0.53	-0.04	-0.56	0.83	0.92	-0.16	-0.08	0.9	-0.38	-0.17
Total Current Liabilities	0.84	0.83	0.71	0.72	0.24	0.65	0.63	0.81	0.82	0.8	0.78	0.92		0.55	-0.65	0.89	0.45	-0.08	-0.69	0.77	0.81	0.18	0.26	0.85	-0.49	-0.32
Property Plant And Equipment Net	0.68	0.66	0.66	0.5	-0.23	0.45	0.51	0.61	0.67	0.6	0.62	0.64	0.55		-0.34	0.63	0.94	0.71	-0.27	0.66	0.62	-0.34	-0.22	0.62	-0.13	0.02
Retained Earnings	-0.41	-0.48	-0.16	-0.39	0.08	-0.44	-0.76	-0.83	-0.33	-0.6	-0.21	-0.69	-0.65	-0.34		-0.73	-0.03	0.21	0.86	-0.24	-0.47	0.25	0.06	-0.75	0.85	0.74
Accounts Payable	0.84	0.88	0.63	0.8	-0.17	0.72	0.85	0.93	0.79	0.88	0.7	0.91	0.89	0.63	-0.73		0.47	-0.03	-0.6	0.72	0.79	-0.22	-0.14	0.92	-0.47	-0.29
Non Current Assets Total	0.67	0.62	0.74	0.48	-0.17	0.4	0.31	0.41	0.7	0.5	0.69	0.53	0.45	0.94	-0.03	0.47		0.75	0.0	0.71	0.59	-0.21	-0.16	0.44	0.17	0.31
Non Currrent Assets Other	0.03	0.0	0.14	-0.09	-0.09	-0.1	-0.12	-0.09	0.06	-0.06	0.07	-0.04	-0.08	0.71	0.21	-0.03	0.75		0.14	0.08	-0.01	-0.21	-0.11	-0.04	0.16	0.17
Net Receivables	-0.3	-0.36	-0.08	-0.25	-0.35	-0.31	-0.44	-0.64	-0.24	-0.45	-0.16	-0.56	-0.69	-0.27	0.86	-0.6	0.0	0.14		-0.14	-0.35	-0.17	-0.37	-0.64	0.96	0.89
Non Current Liabilities Total	0.97	0.93	0.98	0.83	-0.11	0.73	0.56	0.68	0.99	0.81	1.0	0.83	0.77	0.66	-0.24	0.72	0.71	0.08	-0.14		0.88	-0.05	-0.09	0.66	0.1	0.3
Other Current Assets	0.92	0.9	0.88	0.69	-0.17	0.62	0.68	0.81	0.91	0.78	0.87	0.92	0.81	0.62	-0.47	0.79	0.59	-0.01	-0.35	0.88		-0.19	-0.15	0.85	-0.14	0.08
Short Term Debt	-0.12	-0.17	-0.06	-0.07	0.96	-0.11	-0.51	-0.36	-0.07	-0.2	0.04	-0.16	0.18	-0.34	0.25	-0.22	-0.21	-0.21	-0.17	-0.05	-0.19		0.96	-0.25	-0.07	-0.15
Common Stock	-0.13	-0.16	-0.09	-0.11	1.0	-0.13	-0.43	-0.25	-0.09	-0.18	0.0	-0.08	0.26	-0.22	0.06	-0.14	-0.16	-0.11	-0.37	-0.09	-0.15	0.96		-0.14	-0.28	-0.36
Current Deferred Revenue	0.79	0.83	0.62	0.62	-0.16	0.55	0.83	0.92	0.73	0.77	0.64	0.9	0.85	0.62	-0.75	0.92	0.44	-0.04	-0.64	0.66	0.85	-0.25	-0.14		-0.51	-0.32
Good Will	-0.08	-0.17	0.17	-0.08	-0.26	-0.18	-0.39	-0.53	0.01	-0.31	0.1	-0.38	-0.49	-0.13	0.85	-0.47	0.17	0.16	0.96	0.1	-0.14	-0.07	-0.28	-0.51		0.98
Intangible Assets	0.12	0.03	0.37	0.07	-0.34	-0.04	-0.22	-0.34	0.21	-0.13	0.29	-0.17	-0.32	0.02	0.74	-0.29	0.31	0.17	0.89	0.3	0.08	-0.15	-0.36	-0.32	0.98

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Heartbeam Account Relationship Matchups

Heartbeam fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7K	51K	14.0M	4.0M	17.1M	16.3M
Total Stockholder Equity	(3.7M)	(4.8M)	13.4M	2.4M	15.9M	15.1M
Net Debt	3.4M	4.3M	(13.2M)	(3.6M)	(16.2M)	(15.4M)
Cash	5K	24K	13.2M	3.6M	16.2M	17.4M
Cash And Short Term Investments	5K	24K	13.2M	3.6M	16.2M	19.6M
Liabilities And Stockholders Equity	7K	51K	14.0M	4.0M	17.1M	16.3M
Other Stockholder Equity	1K	11K	22.6M	24.6M	52.8M	50.1M
Total Liab	3.7M	4.8M	588K	1.7M	1.2M	1.1M
Total Current Assets	7K	51K	14.0M	4.0M	16.8M	16.0M
Short Long Term Debt Total	199.4M	198.5M	3.4M	4.3M	4.9M	4.7M
Other Current Liab	312K	540.5K	587.4K	1.7M	1.2M	1.1M
Total Current Liabilities	354K	4.8M	588K	1.7M	1.2M	1.1M
Property Plant And Equipment Net	49.2M	48.4M	56.4M	0.0	256K	243.2K
Retained Earnings	(3.7M)	(4.8M)	(9.2M)	(22.2M)	(36.8M)	(38.7M)
Accounts Payable	310.0	474.0	587.0	1.7K	1.2K	1.1K
Non Current Assets Total	434.5M	440.1M	517.4M	0.0	306K	290.7K
Non Currrent Assets Other	2.8M	3.3M	17.5M	50K	57.5K	54.6K
Other Current Assets	2K	27K	806K	445K	636K	604.2K
Short Term Debt	2.1M	5.1M	42K	4.3M	3.9M	3.4M
Current Deferred Revenue	4.3M	3.1M	(310.0)	(474.0)	(545.1)	(517.84)

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