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Healthcare Triangle (Healthcare Triangle) Debt-to-Equity : -5.25 (As of Mar. 2024)


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What is Healthcare Triangle Debt-to-Equity?

Healthcare Triangle's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.80 Mil. Healthcare Triangle's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.89 Mil. Healthcare Triangle's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-0.51 Mil. Healthcare Triangle's debt to equity for the quarter that ended in Mar. 2024 was -5.25.

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: 0.23   Max: 8.02
Current: -5.25

During the past 5 years, the highest Debt-to-Equity Ratio of Healthcare Triangle was 8.02. The lowest was -5.25. And the median was 0.23.

HCTI's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.48 vs HCTI: -5.25

Healthcare Triangle Debt-to-Equity Historical Data

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.

* Premium members only.

Healthcare Triangle Debt-to-Equity Chart

Healthcare Triangle Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
- 0.17 0.21 0.20 8.02

Healthcare Triangle Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.32 0.44 0.57 8.02 -5.25

Competitive Comparison of Healthcare Triangle's Debt-to-Equity

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's Debt-to-Equity Distribution in the 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.



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. 2023 is calculated as

Healthcare Triangle's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


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

Thank you for viewing the detailed overview of Healthcare Triangle's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Healthcare Triangle (Healthcare Triangle) Business Description

Traded in Other Exchanges
N/A
Address
7901 Stoneridge Drive, Suite 220, 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. It reinforces healthcare progress through technology and extensive industry know-how. HTI support healthcare providers and payors, hospitals and Pharma Life Sciences organizations in their effort to improve health outcomes by enabling the adoption of new technologies, data enlightenment, business agility and accelerate responding to immediate business needs and competitive threats. It provides services under three operating segments which are Software Services, Managed Services and Support and Platform Services.
Executives
Roy Sookhoo director 7901 STONERIDGE DR., SUITE 220, PLEASANTON CA 94588
Ronald W. Mcclurg director C/O NEUROONE MEDICAL TECHNOLOGIES CORP, 7599 ANAGRAM DR, EDEN PRAIRIE MN 55344
Paige Heaphy director 7901 STONERIDGE DR., SUITE 220, PLEASANTON CA 94588
Mohammad Jainal Bhuiyan director 10605 SW 44TH CT, DAVIE FL 33328
Jeffrey S Mathiesen director 43334 SEVEN MILE RD., SUITE 1000, NORTHVILLE MI 48167
Shibu Kizhakevilayil director 4309 HACIENDA DRIVE, SUITE 150, PLEASANTON CA 94588
April Bjornstad director 7901 STONERIDGE DRIVE, SUITE 220, PLEASANTON CA 94588
Thyagarajan Ramachandran officer: Chief Financial Officer 4309 HACIENDA DR., SUITE 150, PLEASANTON CA 94588
Brendan Gallagher director 4309 HACIENDA DR., SUITE 150, PLEASANTON CA 94588
James Michael Gill officer: Vice President, Finance 4309 HACIENDA DR., SUITE 150, PLEASANTON CA 94588
Mogli Sudish officer: Chief Technology Officer 4309 HACIENDA DRIVE, SUITE 150, PLEASANTON CA 94588
Vivek Prakash director 4309 HACIENDA DRIVE, SUITE 150, PLEASANTON CA 94588
Securekloud Technologies, Inc. 10 percent owner 401 RYLAND ST, STE 200-A, RENO NV 89502
Lakshmanan Kannappan director 4309 HACIENDA DRIVE, SUITE 150, PLEASANTON CA 94588
Anand Kumar officer: Vice President, Sales 4309 HACIENDA DR., SUITE 150, PLEASANTON CA 94588