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Heart Test Laboratories (Heart Test Laboratories) Book Value per Share : $13.57 (As of Jan. 2024)


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What is Heart Test Laboratories Book Value per Share?

Heart Test Laboratories's book value per share for the quarter that ended in Jan. 2024 was $13.57.

During the past 3 years, the average Book Value Per Share Growth Rate was -16.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Heart Test Laboratories was -16.70% per year. The lowest was -16.70% per year. And the median was -16.70% per year.

Heart Test Laboratories's current price is $5.83. Its book value per share for the quarter that ended in Jan. 2024 was $13.57. Hence, today's PB Ratio of Heart Test Laboratories is 0.43.

During the past 4 years, the highest P/B Ratio of Heart Test Laboratories was 48.18. The lowest was 0.41. And the median was 5.77.

Good Sign:

Heart Test Laboratories Inc stock PB Ratio (=0.43) is close to 2-year low of 0.41


Heart Test Laboratories Book Value per Share Historical Data

The historical data trend for Heart Test Laboratories's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Heart Test Laboratories Book Value per Share Chart

Heart Test Laboratories Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Book Value per Share
3.95 -23.88 -74.66 2.28

Heart Test Laboratories Quarterly Data
Apr20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.09 2.28 -4.87 -14.72 13.57

Competitive Comparison of Heart Test Laboratories's Book Value per Share

For the Medical Devices subindustry, Heart Test Laboratories's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heart Test Laboratories's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Heart Test Laboratories's PB Ratio distribution charts can be found below:

* The bar in red indicates where Heart Test Laboratories's PB Ratio falls into.



Heart Test Laboratories Book Value per Share Calculation

Heart Test Laboratories's Book Value Per Share for the fiscal year that ended in Apr. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(0.23-0.00)/0.10
=2.28

Heart Test Laboratories's Book Value Per Share for the quarter that ended in Jan. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(8.63-0.00)/0.64
=13.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Heart Test Laboratories  (NAS:HSCS) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Heart Test Laboratories Book Value per Share Related Terms

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Heart Test Laboratories (Heart Test Laboratories) Business Description

Traded in Other Exchanges
N/A
Address
550 Reserve Street, Suite 360, Southlake, TX, USA, 76092
Heart Test Laboratories Inc is a medical technology company focused on applying innovative AI-based technology to an ECG to expand and improve an ECG's clinical usefulness. The objective of the company is to make an ECG a far more valuable cardiac screening tool, particularly in frontline or point-of-care clinical settings.
Executives
David R. Wells director 2801 OCEAN PARK BLVD., SUITE 339, SANTA MONICA CA 90405
Bruce Bent director 750 BONHAM PARKWAY, LANTANA TX 76226
Mark T Hilz director, officer: See Remarks 3301 DAKOTA DRIVE, NORTHLAKE TX 76226
Patrick Kanouff director 550 RESERVE STREET, SUITE 360, SOUTHLAKE TX 76092
Brian Szymczak director 550 RESERVE STREET, SUITE 360, SOUTHLAKE TX 76092
Danielle Watson officer: See Remarks 550 RESERVE STREET, SUITE 360, SOUTHLAKE TX 76092
Andrew Simpson director, officer: See Remarks 550 RESERVE STREET, SUITE 360, SOUTHLAKE TX 76092

Heart Test Laboratories (Heart Test Laboratories) Headlines

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