Healthcare Triangle (Healthcare Triangle) Debt-to-Revenue : 0.16 (As of Mar. 2024)

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What is Healthcare Triangle Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

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 annualized Revenue for the quarter that ended in Mar. 2024 was $16.44 Mil. Healthcare Triangle's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.

Healthcare Triangle Debt-to-Revenue Historical Data

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

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Healthcare Triangle Debt-to-Revenue Chart

Healthcare Triangle Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

0.02

0.10

0.05

0.13

Healthcare Triangle Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial												0.08	0.10	0.11	0.15	0.16

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

For the Health Information Services subindustry, Healthcare Triangle's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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-Revenue Distribution in the Healthcare Providers & Services Industry

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

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

Healthcare Triangle Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Healthcare Triangle's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(3.429	+	0.888)	/	33.203
	=	0.13

Healthcare Triangle's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(1.795	+	0.888)	/	16.436
	=	0.16

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.

Healthcare Triangle Debt-to-Revenue Related Terms

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Healthcare Triangle (Healthcare Triangle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Healthcare Triangle Inc (NAS:HCTI) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

7901 Stoneridge Drive, Suite 220, Pleasanton, CA, USA, 94588

Website

https://www.healthcaretriangle.com

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