Healthcare Triangle (HCTI) Interest Coverage Ratio (2020 - 2022)
Healthcare Triangle recorded quarterly Interest Coverage Ratio of 24.71 in Q2 2022, up 79.97% quarter-over-quarter from 123.38 in Q1 2022, and down 963.95% year-over-year from 2.86 in Q2 2021.
Healthcare Triangle's Interest Coverage Ratio history runs 3 years deep, the most recent figure standing at 24.71 for Q2 2022.
- In Q2 2022, Interest Coverage Ratio fell 963.95% year-over-year to 24.71; the TTM figure through Mar 2023 stood at 302.72 (down 2131.39% YoY), while the FY2021 annual figure 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.
- A 3-year average of 3.14 and a median of 7.78 in 2021 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio tumbled 104.87% in 2021 and tumbled 1536.96% in 2022, its largest moves.
- Healthcare Triangle's Interest Coverage Ratio stood at 9.27 in 2020, then slumped by 514.42% to 38.43 in 2021, then soared by 35.71% to 24.71 in 2022.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 24.71, 123.38, and 38.43 for Q2 2022, Q1 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | - |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 3.15 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 8.18 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | - |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | - |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 3.90 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | - |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | - |
| 10 | Healthcare Triangle | 2.36 Mn | -2.01 Mn | 2.39 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -24.71 |
| Mar 31, 2022 | -123.38 |
| Dec 31, 2021 | -38.43 |
| Sep 30, 2021 | -8.02 |
| Jun 30, 2021 | 2.86 |
| Mar 31, 2021 | -7.54 |
| Dec 31, 2020 | 9.27 |
| Sep 30, 2020 | 164.78 |