Healthcare Triangle (HCTI) Interest Coverage Ratio (2020 - 2022)

Healthcare Triangle has disclosed Interest Coverage Ratio across 3 years of filings, most recently posting 24.71 for Q2 2022.

• Interest Coverage Ratio for Q2 2022 came in at 24.71, down 963.95% year-over-year; the trailing twelve-month figure through Mar 2023 was 302.72 (down 2131.39% YoY), and the FY2021 annual result was 9.45, down 163.19% from the prior year.
• Interest Coverage Ratio came in at 24.71 for Q2 2022 at Healthcare Triangle, up from 123.38 in the prior quarter.
• In the past five years, Interest Coverage Ratio ranged from a high of 164.78 in Q3 2020 to a low of 123.38 in Q1 2022.
• The 3-year median for Interest Coverage Ratio is 7.78 (2021), against an average of 3.14.
• Across the five-year window, Interest Coverage Ratio plunged 104.87% in 2021 and plunged 1536.96% in 2022, its largest moves.
• Healthcare Triangle's Interest Coverage Ratio stood at 9.27 in 2020, then tumbled by 514.42% to 38.43 in 2021, then surged by 35.71% to 24.71 in 2022.
• The last three Interest Coverage Ratio figures came in at 24.71 (Q2 2022), 123.38 (Q1 2022), and 38.43 (Q4 2021), per Business Quant data.