Healthcare Triangle, Inc.

Healthcare Triangle, Inc.verified

HCTI

Price:

$1.09

Market Cap:

$6.18M

Healthcare Triangle, Inc., a healthcare information technology company, focuses on developing solutions in the sectors of cloud services, data science, and professional and managed services. It provides a suite of software, solutions, platforms, and services that enables healthcare and pharma organizations to deliver personalized healthcare, precision medicine, advances in drug discovery, development and efficacy, collaborative research and development, respond to evidence, and enhance the digital transformation. The company's software platforms include CloudEz, an enterprise multi-cloud transformation and management platform that enables customers to manage their cloud infrastructure across...[Read more]

Industry

Medical - Healthcare Information Services

IPO Date

2021-10-13

Stock Exchange

NASDAQ

Ticker

HCTI

The Current Ratio as of November 2024 (TTM) for Healthcare Triangle, Inc. (HCTI) is 0.29

According to Healthcare Triangle, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.29. This represents a change of -38.44% compared to the average of 0.48 of the last 4 quarters.

Healthcare Triangle, Inc. (HCTI) Historical Current Ratio (quarterly & annually)

How has HCTI Current Ratio performed in the past?

The mean historical Current Ratio of Healthcare Triangle, Inc. over the last ten years is 1.18. The current 0.29 Current Ratio has changed 2.39% with respect to the historical average. Over the past ten years (40 quarters), HCTI's Current Ratio was at its highest in in the September 2022 quarter at 2.19. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.18

Median

1.18

Minimum

0.71

Maximum

1.89

Healthcare Triangle, Inc. (HCTI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Healthcare Triangle, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 59.46%

Maximum Annual Current Ratio = 1.89

Minimum Annual Increase = -44.04%

Minimum Annual Current Ratio = 0.71

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.71-44.04%
20221.26-33.25%
20211.8959.46%
20201.1838.71%

Healthcare Triangle, Inc. (HCTI) Average Current Ratio

How has HCTI Current Ratio performed in the past?

The current Current Ratio of Healthcare Triangle, Inc. (HCTI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.28

5-year avg

1.18

10-year avg

1.18

Healthcare Triangle, Inc. (HCTI) Current Ratio vs. Peers

How is HCTI’s Current Ratio compared to its peers?

Healthcare Triangle, Inc.’s Current Ratio is less than Bullfrog AI Holdings, Inc. Common Stock (5.90), greater than EUDA Health Holdings Limited (0.08), greater than Mangoceuticals, Inc. (0.07), less than Minerva Surgical, Inc. (1.88), greater than FOXO Technologies Inc. (0.08), less than MultiPlan Corporation (1.05), greater than ETAO International Co., Ltd. (0), less than Science 37 Holdings, Inc. (4.17), less than CareMax, Inc. (0), greater than MSP Recovery, Inc. (0.23), greater than null (0.01),

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