HeartCore Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . HeartCore Enterprises
HTCR Stock  USD 0.50  0.02  4.17%   
HeartCore Enterprises' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing HeartCore Enterprises' valuation are provided below:
Gross Profit
16.9 M
Profit Margin
(0.11)
Market Capitalization
11 M
Enterprise Value Revenue
0.4068
Revenue
28.9 M
There are over one hundred nineteen available fundamental trends for HeartCore Enterprises, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to confirm HeartCore Enterprises' regular fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 07/24/2025, Market Cap is likely to grow to about 65 M. Also, Enterprise Value is likely to grow to about 68.4 M

HeartCore Enterprises Total Revenue

16.16 Million

Check HeartCore Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HeartCore Enterprises' main balance sheet or income statement drivers, such as Interest Income of 35.9 K, Depreciation And Amortization of 787.1 K or Interest Expense of 90 K, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0175 or PTB Ratio of 8.6. HeartCore financial statements analysis is a perfect complement when working with HeartCore Enterprises Valuation or Volatility modules.
  
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HeartCore Enterprises Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets13.4 M14 M9.9 M
Slightly volatile
Short and Long Term Debt Total4.7 M3.8 M6.6 M
Slightly volatile
Other Current Liabilities1.3 M1.6 M786.6 K
Slightly volatile
Total Current Liabilities5.5 M7.4 M4.2 M
Slightly volatile
Other Liabilities140.8 K141 K174.7 K
Slightly volatile
Property Plant And Equipment Net2.9 M2.5 M4.3 M
Slightly volatile
Current Deferred Revenue2.1 M1.9 M1.8 M
Slightly volatile
Accounts Payable2.2 M2.1 M657.5 K
Slightly volatile
Cash3.1 M2.1 M1.6 M
Slightly volatile
Non Current Assets Total7.1 M4.5 M6.3 M
Pretty Stable
Non Currrent Assets Other2 M1.9 M349.4 K
Slightly volatile
Other Assets927.2 K832.7 K1.1 M
Slightly volatile
Long Term Debt1.5 M1.2 M1.9 M
Slightly volatile
Cash And Short Term Investments4.1 M6.6 M2 M
Slightly volatile
Net Receivables1.5 M2.1 M1.1 M
Slightly volatile
Common Stock Shares Outstanding21.5 M20.9 M19.6 M
Slightly volatile
Liabilities And Stockholders Equity13.4 M14 M9.9 M
Slightly volatile
Non Current Liabilities Total4.1 M3.1 M5.8 M
Slightly volatile
Capital Lease Obligations2.7 M2 M4.1 M
Slightly volatile
Inventory517.7 K619 K456.4 K
Slightly volatile
Other Current Assets569.5 K710.4 K494.8 K
Slightly volatile
Other Stockholder Equity11.6 M20.6 M5.7 M
Slightly volatile
Total Liabilities11.2 M10.5 M10.1 M
Pretty Stable
Net Invested Capital4.6 M6.4 M2 M
Slightly volatile
Property Plant And Equipment Gross3.4 M3.5 M4.8 M
Slightly volatile
Short and Long Term Debt548.1 K492.9 K642.9 K
Very volatile
Total Current Assets6.3 M9.4 M3.6 M
Slightly volatile
Capital Stock1.9 K2.2 K1.5 K
Slightly volatile
Non Current Liabilities Other194.1 K183.9 K182.8 K
Pretty Stable
Short Term Debt911.3 K880.8 K1.1 M
Very volatile
Intangible Assets5.5 M5.2 M1.6 M
Slightly volatile
Common Stock1.9 K2.2 K1.5 K
Slightly volatile
Property Plant Equipment3.5 M3.2 M4.4 M
Slightly volatile

HeartCore Enterprises Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Interest Income35.9 K18.8 K14.5 K
Slightly volatile
Depreciation And Amortization787.1 K749.6 K244.9 K
Slightly volatile
Interest Expense90 K144 K63.7 K
Slightly volatile
Selling General Administrative6.2 M7.9 M4.2 M
Slightly volatile
Selling And Marketing Expenses1.2 M1.3 M737.7 K
Slightly volatile
Total Revenue16.2 M30.4 M10.6 M
Slightly volatile
Gross Profit18.7 M17.8 M5.2 M
Slightly volatile
Other Operating Expenses17 M23.2 M11.6 M
Slightly volatile
Research Development649.8 K729.6 K449.3 K
Slightly volatile
Cost Of Revenue8.6 M12.6 M6 M
Slightly volatile
Total Operating Expenses9.7 M17.8 M6.1 M
Slightly volatile
Reconciled Depreciation787.1 K749.6 K224.9 K
Slightly volatile

HeartCore Enterprises Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow961.9 K1 M1.5 M
Slightly volatile
Depreciation787.1 K749.6 K235.4 K
Slightly volatile
Capital Expenditures7.1 K7.4 K60.6 K
Slightly volatile
End Period Cash Flow3.1 M2.1 M1.6 M
Slightly volatile
Change To Netincome489.9 K795.7 K377.9 K
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.191.25349.8321
Slightly volatile
Dividend Yield0.01750.01970.0215
Slightly volatile
Days Sales Outstanding38.0425.090141.697
Slightly volatile
Average Payables351.7 K514.9 K352.7 K
Slightly volatile
Stock Based Compensation To Revenue0.01150.01210.0176
Slightly volatile
Capex To Depreciation0.00940.00990.2833
Pretty Stable
EV To Sales1.241.307910.4728
Slightly volatile
Inventory Turnover12.6111.6811.0558
Slightly volatile
Days Of Inventory On Hand25.732.3433.0296
Slightly volatile
Payables Turnover5.736.028912.8689
Slightly volatile
Sales General And Administrative To Revenue0.470.25930.4216
Very volatile
Average Inventory367.2 K442.2 K431.9 K
Pretty Stable
Research And Ddevelopement To Revenue0.02280.0240.0443
Slightly volatile
Capex To Revenue2.0E-42.0E-40.005
Pretty Stable
Cash Per Share0.330.3160.109
Slightly volatile
Days Payables Outstanding63.5760.542131.9987
Slightly volatile
Current Ratio0.941.26890.8015
Slightly volatile
Receivables Turnover9.0214.54769.1762
Slightly volatile
Capex Per Share3.0E-44.0E-40.0031
Slightly volatile
Average Receivables2.6 M2.4 M1.1 M
Slightly volatile
Revenue Per Share1.521.4520.5806
Slightly volatile
Interest Debt Per Share0.340.18730.3496
Slightly volatile
Debt To Assets0.260.27050.7402
Slightly volatile
Operating Cycle23.8425.090167.9658
Slightly volatile
Days Of Payables Outstanding63.5760.542131.9987
Slightly volatile
Effective Tax Rate0.02430.02561.4855
Pretty Stable
Total Debt To Capitalization0.430.44811.1969
Slightly volatile
Quick Ratio0.881.26890.7025
Slightly volatile
Cash Ratio0.530.28580.3663
Slightly volatile
Days Of Inventory Outstanding25.732.3433.0296
Slightly volatile
Days Of Sales Outstanding38.0425.090141.697
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.821.00161.02
Slightly volatile
Fixed Asset Turnover12.6612.06183.3955
Slightly volatile
Debt Ratio0.260.27050.7402
Slightly volatile
Price Sales Ratio1.191.25349.8321
Slightly volatile
Asset Turnover2.292.17741.09
Slightly volatile
Gross Profit Margin0.350.58630.3939
Slightly volatile

HeartCore Enterprises Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap65 M38.1 M80.2 M
Slightly volatile
Enterprise Value68.4 M39.8 M85.3 M
Slightly volatile

HeartCore Fundamental Market Drivers

Forward Price Earnings2.5549
Cash And Short Term Investments6.6 M

HeartCore Upcoming Events

4th of April 2024
Upcoming Quarterly Report
View
27th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About HeartCore Enterprises Financial Statements

HeartCore Enterprises shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although HeartCore Enterprises investors may analyze each financial statement separately, they are all interrelated. The changes in HeartCore Enterprises' assets and liabilities, for example, are also reflected in the revenues and expenses on on HeartCore Enterprises' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue1.9 M2.1 M
Total Revenue30.4 M16.2 M
Cost Of Revenue12.6 M8.6 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.26  0.47 
Research And Ddevelopement To Revenue 0.02  0.02 
Revenue Per Share 1.45  1.52 

Pair Trading with HeartCore Enterprises

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 HeartCore Enterprises 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 HeartCore Enterprises will appreciate offsetting losses from the drop in the long position's value.

Moving against HeartCore Stock

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The ability to find closely correlated positions to HeartCore Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HeartCore Enterprises 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 HeartCore Enterprises - 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 HeartCore Enterprises to buy it.
The correlation of HeartCore Enterprises 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 HeartCore Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HeartCore Enterprises 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 HeartCore Enterprises 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

Additional Tools for HeartCore Stock Analysis

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