Heartbeam Selling General Administrative vs Total Assets Analysis

BEAT Stock

USD 2.14 0.09 4.04%

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 Selling General Administrative and its Total Assets 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.

Selling General Administrative vs Total Assets

Selling General Administrative vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heartbeam Selling General Administrative account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Heartbeam's Selling General Administrative and Total Assets is 0.66. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets in the same time period over historical financial statements of Heartbeam, assuming nothing else is changed. The correlation between historical values of Heartbeam's Selling General Administrative and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Heartbeam are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Selling General Administrative i.e., Heartbeam's Selling General Administrative and Total Assets go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Selling General Administrative

Total Assets

Total assets refers to the total amount of Heartbeam assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Heartbeam books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible 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 2025, whereas Selling General Administrative is likely to drop slightly above 7.3 M in 2025.

	2024	2025 (projected)
Other Operating Expenses	13.8M	13.1M
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	Other Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Good Will	Intangible Assets	Short Term Investments
Total Assets		0.99	0.92	0.89	-0.13	0.82	0.69	0.83	0.99	0.92	0.96	0.9	0.84	0.69	-0.43	0.85	0.67	0.05	-0.33	0.92	-0.12	-0.11	0.79	-0.11	0.09	-0.16
Total Stockholder Equity	0.99		0.85	0.91	-0.17	0.86	0.76	0.87	0.95	0.95	0.91	0.89	0.83	0.67	-0.49	0.88	0.63	0.02	-0.38	0.9	-0.17	-0.15	0.83	-0.19	0.01	-0.15
Net Debt	0.92	0.85		0.69	-0.09	0.6	0.44	0.61	0.96	0.71	0.97	0.8	0.72	0.67	-0.18	0.64	0.74	0.16	-0.12	0.88	-0.06	-0.08	0.63	0.13	0.32	-0.16
Cash	0.89	0.91	0.69		-0.13	0.94	0.72	0.75	0.84	0.93	0.82	0.71	0.71	0.5	-0.39	0.81	0.49	-0.08	-0.26	0.69	-0.07	-0.11	0.62	-0.1	0.05	-0.04
Other Assets	-0.13	-0.17	-0.09	-0.13		-0.14	-0.46	-0.26	-0.1	-0.18	-0.01	-0.07	0.25	-0.2	0.07	-0.16	-0.15	-0.08	-0.36	-0.16	0.96	1.0	-0.14	-0.27	-0.35	-0.35
Cash And Short Term Investments	0.82	0.86	0.6	0.94	-0.14		0.72	0.76	0.76	0.95	0.72	0.68	0.65	0.45	-0.45	0.73	0.41	-0.09	-0.32	0.62	-0.11	-0.12	0.55	-0.2	-0.06	-0.05
Common Stock Shares Outstanding	0.69	0.76	0.44	0.72	-0.46	0.72		0.89	0.61	0.81	0.5	0.71	0.59	0.47	-0.73	0.83	0.29	-0.13	-0.4	0.67	-0.51	-0.43	0.78	-0.36	-0.2	0.17
Other Stockholder Equity	0.83	0.87	0.61	0.75	-0.26	0.76	0.89		0.76	0.91	0.65	0.91	0.82	0.63	-0.84	0.93	0.43	-0.06	-0.66	0.81	-0.35	-0.23	0.92	-0.55	-0.37	-0.19
Total Liab	0.99	0.95	0.96	0.84	-0.1	0.76	0.61	0.76		0.86	0.99	0.88	0.82	0.68	-0.35	0.8	0.7	0.08	-0.26	0.91	-0.07	-0.08	0.74	-0.03	0.17	-0.16
Total Current Assets	0.92	0.95	0.71	0.93	-0.18	0.95	0.81	0.91	0.86		0.79	0.86	0.8	0.61	-0.61	0.89	0.51	-0.03	-0.48	0.78	-0.2	-0.16	0.77	-0.34	-0.16	-0.17
Short Long Term Debt Total	0.96	0.91	0.97	0.82	-0.01	0.72	0.5	0.65	0.99	0.79		0.81	0.78	0.63	-0.23	0.71	0.7	0.08	-0.18	0.87	0.04	0.01	0.65	0.07	0.26	-0.15
Other Current Liab	0.9	0.89	0.8	0.71	-0.07	0.68	0.71	0.91	0.88	0.86	0.81		0.93	0.67	-0.7	0.91	0.55	0.0	-0.6	0.91	-0.15	-0.05	0.9	-0.43	-0.23	-0.29
Total Current Liabilities	0.84	0.83	0.72	0.71	0.25	0.65	0.59	0.82	0.82	0.8	0.78	0.93		0.58	-0.66	0.89	0.47	-0.04	-0.71	0.81	0.17	0.27	0.86	-0.52	-0.35	-0.39
Property Plant And Equipment Net	0.69	0.67	0.67	0.5	-0.2	0.45	0.47	0.63	0.68	0.61	0.63	0.67	0.58		-0.37	0.64	0.94	0.71	-0.31	0.63	-0.33	-0.19	0.64	-0.18	-0.03	-0.26
Retained Earnings	-0.43	-0.49	-0.18	-0.39	0.07	-0.45	-0.73	-0.84	-0.35	-0.61	-0.23	-0.7	-0.66	-0.37		-0.73	-0.06	0.18	0.86	-0.48	0.25	0.04	-0.76	0.85	0.75	0.24
Accounts Payable	0.85	0.88	0.64	0.81	-0.16	0.73	0.83	0.93	0.8	0.89	0.71	0.91	0.89	0.64	-0.73		0.48	-0.02	-0.6	0.79	-0.23	-0.13	0.92	-0.47	-0.29	-0.22
Non Current Assets Total	0.67	0.63	0.74	0.49	-0.15	0.41	0.29	0.43	0.7	0.51	0.7	0.55	0.47	0.94	-0.06	0.48		0.76	-0.04	0.6	-0.21	-0.15	0.46	0.13	0.27	-0.18
Non Currrent Assets Other	0.05	0.02	0.16	-0.08	-0.08	-0.09	-0.13	-0.06	0.08	-0.03	0.08	0.0	-0.04	0.71	0.18	-0.02	0.76		0.11	0.0	-0.21	-0.09	-0.01	0.13	0.15	-0.14
Net Receivables	-0.33	-0.38	-0.12	-0.26	-0.36	-0.32	-0.4	-0.66	-0.26	-0.48	-0.18	-0.6	-0.71	-0.31	0.86	-0.6	-0.04	0.11		-0.37	-0.16	-0.38	-0.66	0.96	0.9	0.55
Other Current Assets	0.92	0.9	0.88	0.69	-0.16	0.62	0.67	0.81	0.91	0.78	0.87	0.91	0.81	0.63	-0.48	0.79	0.6	0.0	-0.37		-0.19	-0.14	0.85	-0.16	0.05	-0.14
Short Term Debt	-0.12	-0.17	-0.06	-0.07	0.96	-0.11	-0.51	-0.35	-0.07	-0.2	0.04	-0.15	0.17	-0.33	0.25	-0.23	-0.21	-0.21	-0.16	-0.19		0.96	-0.25	-0.06	-0.14	-0.25
Common Stock	-0.11	-0.15	-0.08	-0.11	1.0	-0.12	-0.43	-0.23	-0.08	-0.16	0.01	-0.05	0.27	-0.19	0.04	-0.13	-0.15	-0.09	-0.38	-0.14	0.96		-0.11	-0.29	-0.36	-0.35
Current Deferred Revenue	0.79	0.83	0.63	0.62	-0.14	0.55	0.78	0.92	0.74	0.77	0.65	0.9	0.86	0.64	-0.76	0.92	0.46	-0.01	-0.66	0.85	-0.25	-0.11		-0.54	-0.35	-0.27
Good Will	-0.11	-0.19	0.13	-0.1	-0.27	-0.2	-0.36	-0.55	-0.03	-0.34	0.07	-0.43	-0.52	-0.18	0.85	-0.47	0.13	0.13	0.96	-0.16	-0.06	-0.29	-0.54		0.98	0.49
Intangible Assets	0.09	0.01	0.32	0.05	-0.35	-0.06	-0.2	-0.37	0.17	-0.16	0.26	-0.23	-0.35	-0.03	0.75	-0.29	0.27	0.15	0.9	0.05	-0.14	-0.36	-0.35	0.98		0.46
Short Term Investments	-0.16	-0.15	-0.16	-0.04	-0.35	-0.05	0.17	-0.19	-0.16	-0.17	-0.15	-0.29	-0.39	-0.26	0.24	-0.22	-0.18	-0.14	0.55	-0.14	-0.25	-0.35	-0.27	0.49	0.46

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Heartbeam Account Relationship Matchups

Heartbeam fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	51K	14.0M	4.0M	17.1M	19.7M	18.7M
Total Stockholder Equity	(4.8M)	13.4M	2.4M	15.9M	18.3M	17.4M
Net Debt	4.3M	(13.2M)	(3.6M)	(16.2M)	(18.6M)	(17.7M)
Cash	24K	13.2M	3.6M	16.2M	14.6M	17.4M
Cash And Short Term Investments	24K	13.2M	3.6M	16.2M	14.6M	19.6M
Liabilities And Stockholders Equity	51K	14.0M	4.0M	17.1M	19.7M	18.7M
Other Stockholder Equity	11K	22.6M	24.6M	52.8M	60.7M	57.6M
Total Liab	4.8M	588K	1.7M	1.2M	1.4M	1.3M
Total Current Assets	51K	14.0M	4.0M	16.8M	15.1M	14.4M
Other Current Liab	540.5K	587.4K	1.7M	2K	1.8K	1.7K
Total Current Liabilities	4.8M	588K	1.7M	1.2M	1.1M	1.0M
Property Plant And Equipment Net	48.4M	56.4M	0.0	256K	294.4K	279.7K
Retained Earnings	(4.8M)	(9.2M)	(22.2M)	(36.8M)	(42.3M)	(44.5M)
Accounts Payable	474.0	587.0	1.7K	1.2M	1.1M	1.0M
Non Current Assets Total	440.1M	517.4M	0.0	306K	351.9K	334.3K
Other Current Assets	27K	806K	445K	636K	731.4K	694.8K
Net Invested Capital	(490K)	13.4M	2.4M	15.9M	18.3M	19.2M
Net Working Capital	(4.8M)	13.4M	2.4M	15.6M	18.0M	18.9M

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