HeartSciences Inc. (HSCS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 4.28M | 3.79M | 4.42M | 2.17M | 3.63M | 5.69M | 6.07M | 7.35M | 8.69M | 1.81M | 2.03M | 2.7M | 2.87M | 4.13M | 5.44M | 1.93M | 2.4M | 723.48K | 1.64M |
| Cash & Short-Term Investments | 3.4B | 1.95M | 2.79M | 1.1M | 2.6M | 4.05M | 4.34M | 5.81M | 7.08M | 100.14K | 575.65K | 1.66M | 1.93M | 3.08M | 4.27M | 918.26K | 1.33M | 723.48K | 723.48K |
| Cash Only | 3.4B | 1.95M | 2.79M | 1.1M | 2.6M | 4.05M | 4.34M | 5.81M | 7.08M | 100.14K | 575.65K | 1.66M | 1.93M | 3.08M | 4.27M | 918.26K | 1.33M | -723.48K | 723.48K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.45M | 0 |
| Accounts Receivable | 0 | 0 | 0 | 4.35K | 0 | 0 | 0 | 0 | 14.7K | 3.9K | 0 | 0 | 0 | 0 | 0 | 2.32K | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | 89 | - | - | - | - | 58.2 | 92 | - | - | - | - | - | 204.19 | - | - | - |
| Inventory | 657.28M | 657.28K | 649.51K | 650.27K | 652.15K | 652.91K | 643.04K | 629.18K | 670.28K | 674.84K | 676.36K | 676.36K | 676.91K | 677.67K | 677.67K | 674.14K | 673.97K | 0 | 750.77K |
| Days Inventory Outstanding | 910.56K | 1.8K | 78.67K | 1.75K | - | 1.73K | 1.76K | 6.36K | 7.47K | 6.79K | 8.48K | 8.82K | 8.17K | 9.15K | 7.36K | 33.44K | 33.47K | - | 44.05K |
| Other Current Assets | -4.05B | 963.46K | 556.2K | 331.3K | 175.65K | 744.42K | 703.86K | 733.36K | 695.95K | 664.54K | 324.12K | 216.29K | 40.37K | 40.37K | 40.37K | 286.77K | 271.13K | 0 | 69.04K |
| Total Non-Current Assets | 3.28M | 2.2M | 2.02M | 2.05M | 2.07M | 2.09M | 2.12M | 2.15M | 2.11M | 556.15K | 568.73K | 590.65K | 609.89K | 643.71K | 130.79K | 158.57K | 192.81K | -723.48K | 289.33K |
| Property, Plant & Equipment | 341.38M | 374.62K | 403.5K | 435.18K | 466.44K | 495.4K | 526.66K | 559.97K | 541.14K | 556.15K | 568.73K | 590.65K | 609.89K | 643.71K | 130.79K | 158.57K | 192.81K | 0 | 289.33K |
| Fixed Asset Turnover | - | 0.01x | 0.00x | 0.01x | - | - | - | - | 0.03x | 0.01x | - | - | 0.00x | - | 0.02x | 0.02x | 0.01x | - | 0.05x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.66B | 1.83M | 1.62M | 1.62M | 1.61M | 1.59M | 1.59M | 1.59M | 1.57M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -2B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -723.48K | 0 |
| Total Assets | 7.55M | 6M | 6.44M | 4.22M | 5.7M | 7.78M | 8.19M | 9.5M | 10.8M | 2.37M | 2.6M | 3.29M | 3.48M | 4.77M | 5.57M | 2.09M | 2.59M | 0 | 1.93M |
| Asset Turnover | - | 0.00x | 0.00x | 0.00x | - | - | - | - | 0.00x | 0.00x | - | - | 0.00x | - | 0.00x | 0.00x | 0.00x | - | 0.01x |
| Asset Growth % | 32.45% | -22.9% | -21.42% | -55.56% | -47.19% | 228.38% | 215.32% | 189.09% | 210.34% | -50.36% | -53.34% | 57.33% | - | - | - | 8.41% | - | - | - |
| Total Current Liabilities | 4.27M | 1.57M | 3.01M | 3.7M | 3.57M | 3.3M | 1.35M | 1.75M | 1.71M | 3.53M | 1.9M | 1.83M | 1.99M | 3.14M | 1.54M | 3.47M | 4.06M | 0 | 1.11M |
| Accounts Payable | 410.73K | 317.39K | 283.23K | 318.66K | 405.08K | 276.85K | 396.51K | 448.18K | 415.08K | 1.09M | 454.84K | 631.37K | 1.04M | 795.27K | 455.74K | 694.75K | 396.49K | 0 | 335.78K |
| Days Payables Outstanding | 1.01K | 826.13 | 36.43K | 971.8 | - | 900.15 | 1.17K | 4.22K | 8.35K | 7.75K | 6.81K | 10.9K | 11.08K | 8.45K | 6.26K | 24.19K | 19.69K | - | 19.7K |
| Short-Term Debt | 3.1M | 500K | 1.54M | 2.55M | 2.53M | 2.37M | 0 | 500K | 500K | 1.42M | 500K | 500K | 130K | 1.13M | 130K | 1.63M | 2.63M | 0 | 380.2K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 915.02K | 0 | 0 |
| Other Current Liabilities | 624.52K | 148.57K | 215.33K | 29.93K | 102.39K | 173.64K | 226.34K | 34.15K | 108.19K | 158.62K | 241.1K | 48.6K | 170.13K | 291.67K | 389.19K | 1.22K | 1.22K | 0 | 1.22K |
| Current Ratio | 1.00x | 2.42x | 1.47x | 0.59x | 1.02x | 1.72x | 4.49x | 4.20x | 5.09x | 0.51x | 1.07x | 1.47x | 1.45x | 1.31x | 3.53x | 0.56x | 0.59x | - | 1.47x |
| Quick Ratio | -152.97x | 2.00x | 1.25x | 0.41x | 0.83x | 1.52x | 4.02x | 3.84x | 4.70x | 0.32x | 0.71x | 1.10x | 1.10x | 1.10x | 3.09x | 0.36x | 0.42x | - | 0.80x |
| Cash Conversion Cycle | - | - | - | 866.02 | - | - | - | - | -821.21 | -872.31 | - | - | - | - | - | 9.46K | - | - | - |
| Total Non-Current Liabilities | 633.48K | 247.26K | 281.57K | 314.53K | 345.84K | 457.81K | 905.74K | 434.05K | 460.86K | 486.88K | 1.22M | 1.22M | 1.75M | 549.23K | 1.14M | 4.67M | 2.63M | 0 | 2.72M |
| Long-Term Debt | 421.56K | 0 | 0 | 0 | 0 | 49.47K | 500K | 0 | 0 | 0 | 500K | 500K | 1M | 0 | 1M | 4.44M | 2.63M | 0 | 2.5M |
| Capital Lease Obligations | 211.92K | 247.26K | 281.57K | 314.53K | 345.84K | 376.24K | 405.74K | 434.05K | 460.86K | 486.88K | 512.14K | 536.34K | 549.23K | 549.23K | 0 | 0 | 0 | 0 | 90.97K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 32.1K | 0 | 0 | 0 | 0 | 207.59K | 187.45K | 203.58K | 0 | 137.97K | 232.87K | 0 | 0 | 132.23K |
| Total Liabilities | 4.9M | 1.81M | 3.3M | 4.02M | 3.92M | 3.76M | 2.26M | 2.19M | 2.17M | 4.02M | 3.12M | 3.06M | 3.74M | 3.69M | 2.68M | 8.15M | 6.69M | 0 | 3.84M |
| Total Debt | 3.87M | 876.24K | 1.95M | 2.99M | 2.99M | 2.9M | 1.01M | 1.04M | 1.06M | 2M | 1.58M | 1.57M | 1.68M | 1.71M | 1.19M | 6.16M | 5.38M | 0 | 3.08M |
| Net Debt | -3.39B | -1.07M | -845.37K | 1.89M | 390.56K | -1.15M | -3.33M | -4.77M | -6.02M | 1.9M | 1.01M | -94.6K | -251.72K | -1.37M | -3.08M | 5.24M | 4.05M | 723.48K | 2.36M |
| Debt / Equity | 1.46x | 0.21x | 0.62x | 14.55x | 1.67x | 0.72x | 0.17x | 0.14x | 0.12x | - | - | 6.79x | - | 1.58x | 0.41x | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -31.28x | -7.41x | -10.19x | -10.58x | -13.13x | -16.71x | -90.08x | -87.18x | -12.88x | -8.80x | -36.70x | -47.07x | -39.91x | -54.07x | -9.96x | -25.65x | -7.91x | -8.69x | -12.28x |
| Total Equity | 2.65M | 4.18M | 3.14M | 205.17K | 1.79M | 4.02M | 5.93M | 7.32M | 8.63M | -1.65M | -519.7K | 230.56K | -257.91K | 1.08M | 2.89M | -6.06M | -4.1M | -1.91M | -1.91M |
| Equity Growth % | 48.44% | 4.13% | -47.07% | -97.2% | -79.31% | 343.48% | 1241.8% | 3073.75% | 3447.59% | -252.37% | -118% | 103.81% | - | - | - | -217.13% | - | - | - |
| Book Value per Share | 0.84 | 1.50 | 2.41 | 0.18 | 1.81 | 4.38 | 7.63 | 10.81 | 16.05 | -15.08 | -5.03 | 2.28 | -3.09 | 13.19 | 51.15 | -182.18 | -123.42 | -57.63 | -57.63 |
| Total Shareholders' Equity | 2.65M | 4.18M | 3.14M | 205.17K | 1.79M | 4.02M | 5.93M | 7.32M | 8.63M | -1.65M | -519.7K | 230.56K | -257.91K | 1.08M | 2.89M | -6.06M | -4.1M | -1.91M | -1.91M |
| Common Stock | 3.18K | 3.07K | 2.28K | 1.12K | 1.03K | 948 | 907 | 677 | 63.61K | 11.21K | 10.67K | 101 | 8.35K | 8.21K | 8.17K | 3.32K | 3.32K | 0 | 3.31K |
| Retained Earnings | -82.52M | -80.53M | -78.18M | -76.13M | -74.03M | -71.5M | -69.41M | -67.36M | -65.52M | -63.87M | -62.12M | -60.76M | -59.12M | -57.78M | -55.98M | -54.4M | -52.35M | 0 | -49.57M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -380K | -380K | 0 | 0 | 0 | 0 | 0 | 0 | -1.91M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |