The historical rank and industry rank for Healthcare Triangle's Gross Margin % or its related term are showing as below:
HCTI'
s Gross Margin % Range Over the Past 10 Years
Min: 20.35 Med: 24.62 Max: 29.83
Current: 22.56
During the past 5 years, the highestGross Margin % of Healthcare Triangle was 29.83%. The lowest was 20.35%. And the median was 24.62%.
HCTI's Gross Margin % is ranked worse than 77.83% of 609
companies
in the Healthcare Providers & Services industry
Industry Median: 41.54
vs HCTI: 22.56
Healthcare Triangle had a gross margin of 24.68% for the quarter that ended in Mar. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Healthcare Triangle was 0.00% per year.
Healthcare Triangle Gross Margin % Historical Data
The historical data trend for Healthcare Triangle's Gross Margin % 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.
Competitive Comparison of Healthcare Triangle's Gross Margin %
For the Health Information Services subindustry, Healthcare Triangle's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Healthcare Triangle's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Healthcare Triangle's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Healthcare Triangle had a gross margin of 24.68% for the quarter that ended in Mar. 2024 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Healthcare Triangle Gross Margin % Related Terms
Thank you for viewing the detailed overview of Healthcare Triangle's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Healthcare Triangle (Healthcare Triangle) Business Description
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.
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