HSCS (HeartSciences) Current Ratio: 1.19 (As of Jan. 2026) — 18% Below Median


HSCS HeartSciences Inc HSCS
41 GF Score
Price $2.90
GF Value $2.61
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is HeartSciences Current Ratio?

HeartSciences HSCS -1.18% 41 Current Ratio is 1.19 as of Jan. 2026, which is 18% below its 10-year median of 1.45. GuruFocus rates HSCS with a GF Score™ of 41/100 and a GF Value™ of $2.61 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 854 Medical Devices & Instruments companies, HeartSciences ranks worse than 84.43% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. HeartSciences's current ratio for the quarter that ended in Jan. 2026 was 1.19.

HeartSciences has a current ratio of 1.19. It generally indicates good short-term financial strength.

The historical rank and industry rank for HeartSciences's Current Ratio or its related term are showing as below:

HSCS' s Current Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.45   Max: 5.09
Current: 1.19

During the past 6 years, HeartSciences's highest Current Ratio was 5.09. The lowest was 0.51. And the median was 1.45.

HSCS's Current Ratio is ranked worse than
84.43% of 854 companies
in the Medical Devices & Instruments industry
Industry Median: 2.485 vs HSCS: 1.19

HeartSciences  (NAS:HSCS) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


HeartSciences Current Ratio Related Terms


HeartSciences Current Ratio Historical Data

* Premium members only.

The historical data trend for HeartSciences's Current Ratio 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.

HeartSciences Current Ratio Chart

HeartSciences Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Current Ratio
Get a 7-Day Free Trial 1.47 0.56 1.47 4.20 0.59

HeartSciences Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 0.59 1.47 2.42 1.19

HSCS vs FEED, ITOC, LUDG: Current Ratio Comparison

For the Medical Devices subindustry, HeartSciences's Current Ratio, along with its competitors' market caps and Current 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.


HeartSciences Current Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, HeartSciences's Current Ratio distribution charts can be found below:

* The bar in red indicates where HeartSciences's Current Ratio falls into.


HSCS
41GF Score
HeartSciences Inc HSCS
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HeartSciences Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

HeartSciences's Current Ratio for the fiscal year that ended in Apr. 2025 is calculated as

Current Ratio (A: Apr. 2025 )=Total Current Assets (A: Apr. 2025 )/Total Current Liabilities (A: Apr. 2025 )
=2.171/3.703
=0.59

HeartSciences's Current Ratio for the quarter that ended in Jan. 2026 is calculated as

Current Ratio (Q: Jan. 2026 )=Total Current Assets (Q: Jan. 2026 )/Total Current Liabilities (Q: Jan. 2026 )
=5.099/4.269
=1.19

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.19 mean?
HeartSciences (HSCS) has a Current Ratio of 1.19 as of Jan. 2026. This is 18% below median its historical median of 1.45. Over the past decade, HeartSciences' Current Ratio has ranged from 0.51 to 5.09. According to the industry distribution chart, HeartSciences ranks #721 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 84.4%.
Is HeartSciences' Current Ratio too high?
HeartSciences' current Current Ratio of 1.19 is 18% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 5.09. The Medical Devices & Instruments industry median Current Ratio is 2.49. HeartSciences' value of 1.19 is 52.1% below this industry median. Based on the distribution chart, HeartSciences ranks #721 out of 854 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, HeartSciences has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HeartSciences' Current Ratio compare to FEED and ITOC?
According to the Medical Devices & Instruments industry distribution chart, HeartSciences ranks #721 out of 854 companies for Current Ratio. This places HeartSciences in the lower half of its industry. The industry median Current Ratio is 2.49. HeartSciences' value of 1.19 is 52.1% below this benchmark. Historically, HeartSciences' own Current Ratio has ranged from 0.51 to 5.09 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 2.49, HeartSciences has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.49, based on 854 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HeartSciences's current Current Ratio of 1.19 is 52.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Medical Devices & Instruments industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HeartSciences's current Current Ratio is 1.19, which is 18% below median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeartSciences stock overvalued right now?
Based on GuruFocus' analysis, HeartSciences (HSCS) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.61, compared to a current price of $2.90 — trading 11.1% above its estimated fair value. The current Current Ratio is 1.19, which is 18% below median its 10-year median of 1.45 and 52.1% below the Medical Devices & Instruments industry median of 2.49. HeartSciences' overall GF Score™ is 41/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For HeartSciences (HSCS), the current Current Ratio is 1.19 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HeartSciences (HSCS) Overvalued in 2026?

Based on GuruFocus' analysis, HeartSciences stock appears to be overvalued. The current stock price of $2.90 is trading 11.1% above its estimated GF Value™ of $2.61. GuruFocus considers HeartSciences to be Modestly Overvalued.

Key valuation signals for HSCS:

  • Current Ratio: 1.19 (18% below median its 10-year median of 1.45)
  • GF Value™: $2.61 vs. price of $2.90 (11.1% above fair value)
  • GF Score™: 41/100 with 7 warning signs
  • Industry Position: 52.1% below the Medical Devices & Instruments median (#721 of 854)

No single metric tells the full story. See the HSCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HeartSciences Business Description

Address 550 Reserve Street, Suite 360, Southlake, TX, USA, 76092
HeartSciences Inc is an artificial intelligence (AI)-powered medical technology company focused on transforming ECGs/EKGs to save lives through earlier detection of heart disease. Its objective is to improve healthcare by making it a far more valuable cardiac screening tool, particularly in frontline or point-of-care clinical settings. It is developing a suite of AI-ECG diagnostic solutions for use in any healthcare care setting, either via MyoVista Insights cloud-platform using one of the millions of ECG devices currently in clinical use or via MyoVista wavECG Device.
41GF Score

Get the complete analysis for HSCS

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.90
Price
$2.61
GF Value