Healthcare Triangle (HCTI) Debt Ratio (2021 - 2026)
Healthcare Triangle (HCTI) posted Debt Ratio of 0.12 for Q1 2026, down 74.33% sequentially from 0.47 in Q4 2025, and up 84.33% YoY from 0.07 in Q1 2025.
Healthcare Triangle (HCTI) Debt Ratio (2021 - 2026) Analysis & Trends
Healthcare Triangle has reported Debt Ratio for 6 years, with the latest figure at 0.12 in Q1 2026.
- Quarterly Debt Ratio rose 84.33% year-over-year to 0.12 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.12 (up 84.33% YoY) and the FY2025 annual result came in at 0.47, down 65.05% from the prior year.
- Debt Ratio declined to 0.12 in Q1 2026 per HCTI's latest filing, from 0.47 in the prior quarter.
- Over five years, Debt Ratio peaked at 1.35 in Q4 2024 and troughed at 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.
- The sharpest annual moves came in 2023 and 2025: Debt Ratio surged 179.81% in 2023, then sank 90.06% in 2025.
- Over 5 years, Debt Ratio 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 sank by 65.05% to 0.47 in 2025, then plunged by 74.33% to 0.12 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.12, 0.47, and 0.11 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | - |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 0.37 |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 0.29 |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | - |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | - |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | - |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 0.25 |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | - |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | - |
| 10 | Healthcare Triangle | 3.39 Mn | 1.40 Mn | 2.07 Mn | 0.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.16 |
| 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 |