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Healthcare Triangle (Healthcare Triangle) Retained Earnings : $-26.77 Mil (As of Mar. 2024)


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What is Healthcare Triangle Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Healthcare Triangle's retained earnings for the quarter that ended in Mar. 2024 was $-26.77 Mil.

Healthcare Triangle's quarterly retained earnings declined from Sep. 2023 ($-19.58 Mil) to Dec. 2023 ($-24.91 Mil) and declined from Dec. 2023 ($-24.91 Mil) to Mar. 2024 ($-26.77 Mil).

Healthcare Triangle's annual retained earnings declined from Dec. 2021 ($-2.66 Mil) to Dec. 2022 ($-12.57 Mil) and declined from Dec. 2022 ($-12.57 Mil) to Dec. 2023 ($-24.91 Mil).


Healthcare Triangle Retained Earnings Historical Data

The historical data trend for Healthcare Triangle's Retained Earnings 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 Retained Earnings Chart

Healthcare Triangle Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
0.93 3.29 -2.66 -12.57 -24.91

Healthcare Triangle Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 -15.84 -17.63 -19.58 -24.91 -26.77

Healthcare Triangle Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Healthcare Triangle  (NAS:HCTI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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