Healthcare Triangle (HCTI) Debt Ratio (2021 - 2026)

Healthcare Triangle (HCTI) reported Debt Ratio of 0.12 for Q1 2026, up 84.33% on a YoY basis from 0.07 in Q1 2025, and down 74.33% sequentially from 0.47 in Q4 2025.

Healthcare Triangle (HCTI) Debt Ratio (2021 - 2026) Analysis & Trends

Healthcare Triangle (HCTI) has 6 years of Debt Ratio data on file, last reported at 0.12 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 84.33% year-over-year to 0.12; the trailing twelve-month figure through Mar 2026 stood at 0.12 (up 84.33% YoY), and the FY2025 full-year result was 0.47, down 65.05% from the prior year.
  • Debt Ratio declined to 0.12 in Q1 2026, from 0.47 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 1.35 in Q4 2024 to a low of 0.03 in Q2 2025.
  • A 5-year average of 0.29 and a median of 0.21 in 2023 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio soared 179.81% in 2023 and tumbled 90.06% in 2025, its largest moves.
  • Tracing HCTI's Debt Ratio over 5 years: stood at 0.2 in 2022, then surged by 179.81% to 0.57 in 2023, then soared by 138.55% to 1.35 in 2024, then slumped by 65.05% to 0.47 in 2025, then sank by 74.33% to 0.12 in 2026.
  • Business Quant data shows HCTI's Debt Ratio at 0.12 in Q1 2026, 0.47 in Q4 2025, and 0.11 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Veeva Systems 31.81 Bn 24.49 Bn 662.02 Mn -
2 BrightSpring Health Services 14.76 Bn 13.86 Bn 482.22 Mn 0.40
3 Healthequity 8.36 Bn 8.10 Bn 256.31 Mn 0.29
4 Hinge Health 5.91 Bn 5.60 Bn 154.23 Mn -
5 10x Genomics 5.89 Bn 5.35 Bn 106.18 Mn -
6 MiniMed 4.45 Bn 4.16 Bn 480.00 Mn -
7 Waystar Holding 4.41 Bn 4.35 Bn 216.84 Mn 0.25
8 Doximity 3.93 Bn 3.18 Bn 125.97 Mn -
9 Privia Health 3.10 Bn 2.68 Bn - -
10 Healthcare Triangle 1.57 Mn -2.75 Mn 2.39 Mn 0.12

Historic Data

Download Data
DateValue
Mar 31, 2026 0.12
Dec 31, 2025 0.47
Sep 30, 2025 0.11
Jun 30, 2025 0.03
Mar 31, 2025 0.07
Dec 31, 2024 1.35
Sep 30, 2024 0.37
Jun 30, 2024 0.29
Mar 31, 2024 0.26
Dec 31, 2023 0.57
Sep 30, 2023 0.24
Jun 30, 2023 0.22
Mar 31, 2023 0.16
Dec 31, 2022 0.20
Sep 30, 2022 0.10
Jun 30, 2022 0.14
Dec 31, 2021 0.09