Heart Stock Based Compensation vs Free Cash Flow Analysis

HSCSW Stock  USD 0.03  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 Stock Based Compensation and its Free Cash Flow 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.

Stock Based Compensation vs Free Cash Flow

Stock Based Compensation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heart Test Laboratories Stock Based Compensation account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Heart Test's Stock Based Compensation and Free Cash Flow is -0.97. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Free Cash Flow 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 Stock Based Compensation 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 Stock Based Compensation of Heart Test Laboratories 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 Stock Based Compensation i.e., Heart Test's Stock Based Compensation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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 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 0.26 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense371.6K243.2K354.1K242.9K
Depreciation And Amortization26.6K26.9K95.1K58.5K

Heart Test fundamental ratios Correlations

0.010.540.330.850.410.68-0.83-0.930.371.00.990.37-0.071.00.99-0.59-0.170.57-0.810.990.880.180.990.650.22
0.010.770.88-0.51-0.750.550.54-0.240.70.06-0.110.720.980.06-0.12-0.650.97-0.51-0.510.06-0.020.98-0.09-0.50.91
0.540.770.90.03-0.170.95-0.03-0.770.880.590.430.920.710.590.45-0.940.690.14-0.910.610.610.850.430.170.82
0.330.880.9-0.2-0.430.790.21-0.560.910.370.220.710.790.370.22-0.720.78-0.16-0.730.360.330.940.21-0.130.98
0.85-0.510.03-0.20.70.25-1.0-0.65-0.090.820.91-0.09-0.580.820.9-0.15-0.660.7-0.410.810.72-0.360.90.77-0.3
0.41-0.75-0.17-0.430.70.12-0.76-0.35-0.110.380.48-0.16-0.790.380.530.06-0.760.95-0.090.430.58-0.630.430.94-0.57
0.680.550.950.790.250.12-0.27-0.880.850.720.590.850.480.720.63-0.910.460.42-0.940.750.810.670.580.440.67
-0.830.54-0.030.21-1.0-0.76-0.270.650.07-0.8-0.890.080.61-0.8-0.90.150.68-0.760.4-0.8-0.750.39-0.88-0.820.32
-0.93-0.24-0.77-0.56-0.65-0.35-0.880.65-0.66-0.94-0.88-0.63-0.14-0.94-0.910.8-0.09-0.580.95-0.96-0.9-0.42-0.87-0.64-0.42
0.370.70.880.91-0.09-0.110.850.07-0.660.410.260.740.580.410.3-0.740.610.16-0.770.430.450.810.230.170.83
1.00.060.590.370.820.380.72-0.8-0.940.410.980.42-0.021.00.98-0.64-0.110.56-0.840.990.890.230.980.640.26
0.99-0.110.430.220.910.480.59-0.89-0.880.260.980.25-0.190.980.99-0.49-0.290.59-0.730.970.860.061.00.680.11
0.370.720.920.71-0.09-0.160.850.08-0.630.740.420.250.70.420.3-0.970.710.14-0.820.480.510.770.260.150.62
-0.070.980.710.79-0.58-0.790.480.61-0.140.58-0.02-0.190.7-0.02-0.2-0.610.99-0.56-0.42-0.03-0.060.92-0.16-0.560.84
1.00.060.590.370.820.380.72-0.8-0.940.411.00.980.42-0.020.98-0.64-0.110.56-0.840.990.890.230.980.640.26
0.99-0.120.450.220.90.530.63-0.9-0.910.30.980.990.3-0.20.98-0.53-0.290.66-0.760.980.890.050.990.740.09
-0.59-0.65-0.94-0.72-0.150.06-0.910.150.8-0.74-0.64-0.49-0.97-0.61-0.64-0.53-0.58-0.250.93-0.68-0.66-0.73-0.5-0.27-0.61
-0.170.970.690.78-0.66-0.760.460.68-0.090.61-0.11-0.290.710.99-0.11-0.29-0.58-0.53-0.38-0.11-0.110.91-0.27-0.540.82
0.57-0.510.14-0.160.70.950.42-0.76-0.580.160.560.590.14-0.560.560.66-0.25-0.53-0.370.610.78-0.370.550.99-0.33
-0.81-0.51-0.91-0.73-0.41-0.09-0.940.40.95-0.77-0.84-0.73-0.82-0.42-0.84-0.760.93-0.38-0.37-0.86-0.79-0.65-0.73-0.43-0.61
0.990.060.610.360.810.430.75-0.8-0.960.430.990.970.48-0.030.990.98-0.68-0.110.61-0.860.920.220.970.680.23
0.88-0.020.610.330.720.580.81-0.75-0.90.450.890.860.51-0.060.890.89-0.66-0.110.78-0.790.920.130.850.820.18
0.180.980.850.94-0.36-0.630.670.39-0.420.810.230.060.770.920.230.05-0.730.91-0.37-0.650.220.130.07-0.340.94
0.99-0.090.430.210.90.430.58-0.88-0.870.230.981.00.26-0.160.980.99-0.5-0.270.55-0.730.970.850.070.640.11
0.65-0.50.17-0.130.770.940.44-0.82-0.640.170.640.680.15-0.560.640.74-0.27-0.540.99-0.430.680.82-0.340.64-0.3
0.220.910.820.98-0.3-0.570.670.32-0.420.830.260.110.620.840.260.09-0.610.82-0.33-0.610.230.180.940.11-0.3
Click cells to compare fundamentals

Heart Test Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Heart Stock Analysis

When running Heart Test's price analysis, check to measure Heart Test'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 Heart Test is operating at the current time. Most of Heart Test's value examination focuses on studying past and present price action to predict the probability of Heart Test's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heart Test's price. Additionally, you may evaluate how the addition of Heart Test to your portfolios can decrease your overall portfolio volatility.