HCTI (Healthcare Triangle) Debt-to-Equity: 0.21 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HCTI Healthcare Triangle Inc HCTI
19 GF Score
Price $1.73
! 7 Warning Signs
View Full Analysis

What is Healthcare Triangle Debt-to-Equity?

Healthcare Triangle HCTI +41.46% 19 Debt-to-Equity is 0.21 as of Mar. 2026, which is 5% above its 10-year median of 0.20. GuruFocus rates HCTI with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 558 Healthcare Providers & Services companies, Healthcare Triangle ranks better than 68.64% on this metric.

Healthcare Triangle's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $9.54 Mil. Healthcare Triangle's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.33 Mil. Healthcare Triangle's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $52.76 Mil. Healthcare Triangle's debt to equity for the quarter that ended in Mar. 2026 was 0.21.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Healthcare Triangle's Debt-to-Equity or its related term are showing as below:

HCTI' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.25   Med: 0.2   Max: 1.12
Current: 0.21

During the past 7 years, the highest Debt-to-Equity Ratio of Healthcare Triangle was 1.12. The lowest was -5.25. And the median was 0.20.

HCTI's Debt-to-Equity is ranked better than
68.64% of 558 companies
in the Healthcare Providers & Services industry
Industry Median: 0.42 vs HCTI: 0.21

Healthcare Triangle  (NAS:HCTI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Healthcare Triangle Debt-to-Equity Related Terms


Healthcare Triangle Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Healthcare Triangle's Debt-to-Equity 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.

Healthcare Triangle Debt-to-Equity Chart

Healthcare Triangle Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.21 0.45 -2.79 -0.52 1.08

Healthcare Triangle Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.09 0.04 0.18 1.08 0.21

HCTI vs VSEE, MNDR, ZCMD: Debt-to-Equity Comparison

For the Health Information Services subindustry, Healthcare Triangle's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Healthcare Triangle Debt-to-Equity vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Healthcare Triangle's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Healthcare Triangle's Debt-to-Equity falls into.


HCTI
19GF Score
Healthcare Triangle Inc HCTI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Healthcare Triangle Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Healthcare Triangle's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Healthcare Triangle's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.21 mean?
Healthcare Triangle (HCTI) has a Debt-to-Equity of 0.21 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Healthcare Triangle and its competitors. This is near median its historical median of 0.20. According to the industry distribution chart, Healthcare Triangle ranks #175 out of 558 companies in the Healthcare Providers & Services industry, placing it in the top 31.4%.
Is Healthcare Triangle's Debt-to-Equity too high?
Healthcare Triangle's current Debt-to-Equity of 0.21 is near median its 10-year median of 0.20. The Healthcare Providers & Services industry median Debt-to-Equity is 0.42. Healthcare Triangle's value of 0.21 is 50% below this industry median. Based on the distribution chart, Healthcare Triangle ranks #175 out of 558 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Healthcare Triangle has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Healthcare Triangle's Debt-to-Equity compare to VSEE and MNDR?
According to the Healthcare Providers & Services industry distribution chart, Healthcare Triangle ranks #175 out of 558 companies for Debt-to-Equity. This puts Healthcare Triangle in the upper half of its industry. The industry median Debt-to-Equity is 0.42. Healthcare Triangle's value of 0.21 is 50% below this benchmark. While the company's 10-year median is 0.20 vs. the industry median of 0.42, Healthcare Triangle 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 Debt-to-Equity for a Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.42, based on 558 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Healthcare Triangle's current Debt-to-Equity of 0.21 is 50% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Healthcare Triangle and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthcare Triangle's current Debt-to-Equity is 0.21, which is near median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Healthcare Triangle stock overvalued right now?
Healthcare Triangle (HCTI) has a current Debt-to-Equity of 0.21. The current Debt-to-Equity is 0.21, which is near median its 10-year median of 0.20 and 50% below the Healthcare Providers & Services industry median of 0.42. Healthcare Triangle's overall GF Score™ is 19/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Healthcare Triangle (HCTI), the current Debt-to-Equity is 0.21 as of Mar. 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.

Healthcare Triangle Business Description

Address 7901 Stoneridge Drive, Suite 210, Pleasanton, CA, USA, 94588
Healthcare Triangle Inc is a healthcare information technology company focused on advancing industry-transforming solutions in the sectors of cloud services, data science, and professional and managed services for the healthcare and life sciences industry. The company reinforces healthcare progress through technology and extensive industry know-how. HTI supports healthcare providers and payors, hospitals, and Pharma Life Sciences organizations in their efforts to improve health outcomes by enabling the adoption of new technologies, data enlightenment, business agility, and accelerated response to immediate business needs and competitive threats. It provides services under three operating segments: Software Services, Managed Services, and Support and Corporate & others.
19GF Score

Get the complete analysis for HCTI

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

$1.73
Price