HCTI (Healthcare Triangle) Quick Ratio: 0.90 (As of Mar. 2026) — 11% Below Median


HCTI Healthcare Triangle Inc HCTI
19 GF Score
Price $2.04
! 7 Warning Signs
View Full Analysis

What is Healthcare Triangle Quick Ratio?

Healthcare Triangle HCTI +4.62% 19 Quick Ratio is 0.90 as of Mar. 2026, which is 11% below its 10-year median of 1.01. GuruFocus rates HCTI with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 680 Healthcare Providers & Services companies, Healthcare Triangle ranks worse than 69.12% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Healthcare Triangle's quick ratio for the quarter that ended in Mar. 2026 was 0.90.

Healthcare Triangle has a quick ratio of 0.90. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Healthcare Triangle's Quick Ratio or its related term are showing as below:

HCTI' s Quick Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.01   Max: 3.07
Current: 0.9

During the past 7 years, Healthcare Triangle's highest Quick Ratio was 3.07. The lowest was 0.21. And the median was 1.01.

HCTI's Quick Ratio is ranked worse than
69.12% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 1.32 vs HCTI: 0.90

Healthcare Triangle  (NAS:HCTI) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Healthcare Triangle Quick Ratio Related Terms


Healthcare Triangle Quick Ratio Historical Data

* Premium members only.

The historical data trend for Healthcare Triangle's Quick Ratio 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 Quick Ratio Chart

Healthcare Triangle Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.89 1.22 0.69 0.21 1.03

Healthcare Triangle Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 3.07 2.81 2.03 1.03 0.90

HCTI vs MNDR, WLSS, MGRX: Quick Ratio Comparison

For the Health Information Services subindustry, Healthcare Triangle's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Healthcare Triangle's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Healthcare Triangle's Quick Ratio falls into.


HCTI
19GF Score
Healthcare Triangle Inc HCTI
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Healthcare Triangle Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(13.151-0)/12.792
=1.03

Healthcare Triangle's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(18.895-0)/20.993
=0.90

* 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 Quick Ratio →
What does a Quick Ratio of 0.90 mean?
Healthcare Triangle (HCTI) has a Quick Ratio of 0.90 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Healthcare Triangle and its competitors. This is 11% below median its historical median of 1.01. Over the past decade, Healthcare Triangle's Quick Ratio has ranged from 0.21 to 3.07. According to the industry distribution chart, Healthcare Triangle ranks #470 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 69.1%.
Is Healthcare Triangle's Quick Ratio too high?
Healthcare Triangle's current Quick Ratio of 0.90 is 11% below median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 3.07. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Healthcare Triangle's value of 0.90 is 31.8% below this industry median. Based on the distribution chart, Healthcare Triangle ranks #470 out of 680 companies in the Healthcare Providers & Services industry, which is below 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 Quick Ratio compare to MNDR and WLSS?
According to the Healthcare Providers & Services industry distribution chart, Healthcare Triangle ranks #470 out of 680 companies for Quick Ratio. This places Healthcare Triangle in the lower half of its industry. The industry median Quick Ratio is 1.32. Healthcare Triangle's value of 0.90 is 31.8% below this benchmark. Historically, Healthcare Triangle's own Quick Ratio has ranged from 0.21 to 3.07 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.32, 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 Quick Ratio for a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Healthcare Triangle's current Quick Ratio of 0.90 is 31.8% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Healthcare Triangle and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthcare Triangle's current Quick Ratio is 0.90, which is 11% below median its own 10-year median of 1.01. 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 Quick Ratio of 0.90. The current Quick Ratio is 0.90, which is 11% below median its 10-year median of 1.01 and 31.8% below the Healthcare Providers & Services industry median of 1.32. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Healthcare Triangle (HCTI), the current Quick Ratio is 0.90 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

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

$2.04
Price