HERO TECHNOLOGIES INC (HENC) Financials

HERO TECHNOLOGIES INC (HENC) recorded an outflow of $260K in free cash flow during fiscal year 2022. This represents a 64.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

HERO TECHNOLOGIES INC (HENC) recorded an outflow of $185K in operating cash flow during fiscal year 2022, representing cash used by core business activities.

HERO TECHNOLOGIES INC (HENC) had $645K in total assets as of fiscal year 2022, including both current and long-term assets.

HERO TECHNOLOGIES INC (HENC) invested $75K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.

HERO TECHNOLOGIES INC (HENC) had 459M shares outstanding as of fiscal year 2022.

HERO TECHNOLOGIES INC (HENC) had a current ratio of 0.05 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.

HERO TECHNOLOGIES INC (HENC) had a return on assets of -83.9% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

HERO TECHNOLOGIES INC (HENC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2022). The market capitalization is $55K as of Sep 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

HERO TECHNOLOGIES INC (HENC) has no price-to-sales ratio at the moment: revenue is not positive (FY2022). The market capitalization is $55K as of Sep 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2022, HERO TECHNOLOGIES INC (HENC) held $34K in cash, cash equivalents and investments, and reported an operating cash outflow of $185K over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

HERO TECHNOLOGIES INC (HENC) has negative shareholder equity of -$190K as of fiscal year 2022, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

HERO TECHNOLOGIES INC (HENC) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

HERO TECHNOLOGIES INC (HENC) reported a net loss of $542K while operations used $185K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.