Healthcare Triangle (HCTI) Debt Ratio (2020 - 2026)
Healthcare Triangle's (HCTI) Debt Ratio stood at 0.16 in Q2 2026, down 30.0% from 0.23 a year earlier but up 32.5% from the prior quarter.
Powered by 
Analysis
Healthcare Triangle (HCTI) Debt Ratio (2020 - 2026) Analysis & Trends
For FY2025, Healthcare Triangle's Debt Ratio came in at 0.47, down 65.1% from FY2024.
- Across earlier years, Debt Ratio came in at 1.35 in FY2024 (+138.5%), 0.57 in FY2023 (+179.8%), 0.20 in FY2022 (+125.6%) and 0.09 in FY2021 (+32.1%).
- Quarterly Debt Ratio has ranged from 0.07 in Q1 2025 to 1.35 in Q4 2024 over the past five years.
- On a year-over-year basis, Debt Ratio rose in three of the last eight quarters, with growth averaging 19.5%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 179.8% in Q4 2023, against a decline of 74.8% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.12 (Q1 2026), 0.47 (Q4 2025) and 0.52 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 0.06 |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 0.05 |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | - |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | - |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | - |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 0.23 |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 0.15 |
| 10 | Healthcare Triangle | 2.02 Mn | -13.54 Mn | 2.07 Mn | 0.16 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.16 |
| Mar 31, 2026 | 0.12 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 0.52 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 1.35 |
| Sep 30, 2024 | 0.23 |
| 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 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.09 |
| Sep 30, 2021 | 0.17 |
API Access
Healthcare Triangle Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=HCTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "HCTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=HCTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();