Heart Test Number Of Employees vs. Return On Asset

HSCSW Stock  USD 0.03  0.00  0.00%   
Based on Heart Test's profitability indicators, Heart Test Laboratories may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Heart Test's ability to earn profits and add value for shareholders. At this time, Heart Test's Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to climb to 348.82 in 2024, whereas Days Sales Outstanding is likely to drop 47.15 in 2024. At this time, Heart Test's Income Quality is fairly stable compared to the past year. Net Income Per E B T is likely to climb to 73.00 in 2024, whereas Accumulated Other Comprehensive Income is likely to drop (399 K) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.390.6731
Way Down
Slightly volatile
For Heart Test profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Heart Test to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Heart Test Laboratories utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Heart Test's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Heart Test Laboratories over time as well as its relative position and ranking within its peers.
  
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.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heart Test. If investors know Heart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heart Test listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.09)
Revenue Per Share
0.036
Quarterly Revenue Growth
6.538
Return On Assets
(0.82)
Return On Equity
(2.69)
The market value of Heart Test Laboratories is measured differently than its book value, which is the value of Heart that is recorded on the company's balance sheet. Investors also form their own opinion of Heart Test's value that differs from its market value or its book value, called intrinsic value, which is Heart Test's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heart Test's market value can be influenced by many factors that don't directly affect Heart Test's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heart Test's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heart Test is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heart Test's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Heart Test Laboratories Return On Asset vs. Number Of Employees Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Heart Test's current stock value. Our valuation model uses many indicators to compare Heart Test value to that of its competitors to determine the firm's financial worth.
Heart Test Laboratories is rated # 5 in number of employees category among its peers. It is rated # 4 in return on asset category among its peers . Return On Assets is likely to drop to -0.73 in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Heart Test by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Heart Number Of Employees vs. Competition

Heart Test Laboratories is rated # 5 in number of employees category among its peers. The total workforce of Health Care industry is currently estimated at about 190. Heart Test holds roughly 15.0 in number of employees claiming about 8% of equities under Health Care industry.

Heart Return On Asset vs. Number Of Employees

Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

Heart Test

Number of Employees

 = 

Full Time

+

Part Time

 = 
15
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Heart Test

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.82
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Heart Return On Asset Comparison

Heart Test is currently under evaluation in return on asset category among its peers.

Heart Test Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Heart Test, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Heart Test will eventually generate negative long term returns. The profitability progress is the general direction of Heart Test's change in net profit over the period of time. It can combine multiple indicators of Heart Test, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-380 K-399 K
Net Interest Income-354.1 K-336.4 K
Operating Income-6.3 M-6.6 M
Net Loss-6.6 M-6.9 M
Income Before Tax-6.6 M-6.9 M
Total Other Income Expense Net-299.4 K-284.5 K
Net Loss-6.6 M-6.9 M
Income Tax Expense-95.1 K-90.4 K
Net Loss(18.74)(19.67)
Income Quality 0.92  1.01 
Net Income Per E B T 69.52  73.00 

Heart Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Heart Test. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Heart Test position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Heart Test's important profitability drivers and their relationship over time.

Use Heart Test in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Heart Test position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Heart Test will appreciate offsetting losses from the drop in the long position's value.

Heart Test Pair Trading

Heart Test Laboratories Pair Trading Analysis

The ability to find closely correlated positions to Heart Test could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heart Test when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Heart Test - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Heart Test Laboratories to buy it.
The correlation of Heart Test is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Heart Test moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heart Test Laboratories moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Heart Test can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Heart Test position

In addition to having Heart Test in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Market Neutral Funds
Market Neutral Funds Theme
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Market Neutral Funds Theme or any other thematic opportunities.
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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.