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Healthcare Triangle (Healthcare Triangle) Preferred Stock : $0.00 Mil (As of Mar. 2024)


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What is Healthcare Triangle Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Healthcare Triangle's preferred stock for the quarter that ended in Mar. 2024 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Healthcare Triangle's Enterprise Value for the quarter that ended in Mar. 2024 was $11.17 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Healthcare Triangle's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.11.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Healthcare Triangle's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.42.


Healthcare Triangle Preferred Stock Historical Data

The historical data trend for Healthcare Triangle's Preferred Stock 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 Preferred Stock Chart

Healthcare Triangle Annual Data
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Preferred Stock
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Healthcare Triangle Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Healthcare Triangle Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Healthcare Triangle  (NAS:HCTI) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Healthcare Triangle's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Healthcare Triangle's Book Value per Share for the quarter that ended in Mar. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Healthcare Triangle's Earnings per Share (Diluted) (EPS) for the three months 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 Preferred Stock Related Terms

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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