Heart Test Laboratories's quarterly market cap
declined
from Jul. 2023 ($9.31 Mil) to Oct. 2023 ($2.79 Mil) but then
increased
from Oct. 2023 ($2.79 Mil) to Jan. 2024 ($9.53 Mil).
Heart Test Laboratories's annual market cap
stayed the same
from Apr. 2021 ($0.00 Mil) to Apr. 2022 ($0.00 Mil) but then
increased
from Apr. 2022 ($0.00 Mil) to Apr. 2023 ($8.98 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Heart Test Laboratories's Enterprise Value for Today is $-2.41 Mil.
Heart Test Laboratories Market Cap Historical Data
* 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.
Competitive Comparison of Heart Test Laboratories's Market Cap
For the Medical Devices subindustry, Heart Test Laboratories's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Heart Test Laboratories's Market Cap distribution charts can be found below:
* The bar in red indicates where Heart Test Laboratories's Market Cap falls into.
Heart Test Laboratories Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Heart Test Laboratories's Market Cap for the fiscal year that ended in Apr. 2023 is calculated as
* 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.
Heart Test Laboratories (NAS:HSCS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Heart Test Laboratories Market Cap Related Terms
Thank you for viewing the detailed overview of Heart Test Laboratories's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Heart Test Laboratories (Heart Test Laboratories) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HSCS has been successfully added to your 