Healthcare Triangle, Inc. financial data

Symbol
HCTI on Nasdaq
Industry
Services-Computer Integrated Systems Design
Location
4309 Hacienda Dr., Suite 150, Pleasanton, CA
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 57.8 % -54.2%
Debt-to-equity 571 % +713%
Return On Equity -773 % -646%
Return On Assets -115 % -89.2%
Operating Margin -43.9 % -54.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 5.67M shares +32.5%
Common Stock, Shares, Outstanding 5.62M shares +31.3%
Entity Public Float 3.72M USD -71.4%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 5.32M shares +24.4%
Weighted Average Number of Shares Outstanding, Diluted 5.32M shares +24.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 21.9M USD -47.3%
Cost of Revenue 16.8M USD -48.9%
Research and Development Expense 492K USD -89.9%
Selling and Marketing Expense 631K USD -38.5%
General and Administrative Expense 4.26M USD -29.1%
Operating Income (Loss) -9.63M USD +18.5%
Nonoperating Income (Expense) 705K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -10.6M USD +12.8%
Income Tax Expense (Benefit) 17K USD -73.8%
Net Income (Loss) Attributable to Parent -10.6M USD +13.1%
Earnings Per Share, Basic -0.28 USD/shares +33.3%
Earnings Per Share, Diluted -0.28 USD/shares +33.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 29K USD -78%
Accounts Receivable, after Allowance for Credit Loss, Current 2.01M USD -55.2%
Other Assets, Current 299K USD -63.4%
Assets, Current 2.33M USD -57%
Property, Plant and Equipment, Net 24K USD -57.9%
Operating Lease, Right-of-Use Asset 43K USD
Intangible Assets, Net (Excluding Goodwill) 3.3M USD
Goodwill 1.29M USD 0%
Assets 6.02M USD -62.5%
Accounts Payable, Current 1.94M USD +109%
Liabilities, Current 6.17M USD +6.51%
Liabilities 6.67M USD -16.8%
Retained Earnings (Accumulated Deficit) -28.3M USD -60.4%
Stockholders' Equity Attributable to Parent -646K USD -108%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 12.4M USD -23.2%
Liabilities and Equity 6.02M USD -62.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -50K USD +96.9%
Net Cash Provided by (Used in) Financing Activities -883K USD -266%
Net Cash Provided by (Used in) Investing Activities -4K USD +80%
Common Stock, Shares Authorized 100M shares
Common Stock, Shares, Issued 5.62M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 29K USD -78%
Deferred Tax Assets, Valuation Allowance 3.93M USD +199%
Deferred Tax Assets, Gross 3.93M USD +199%
Operating Lease, Liability 41K USD
Depreciation 9K USD
Payments to Acquire Property, Plant, and Equipment 4K USD
Property, Plant and Equipment, Gross 132K USD +7.32%
Operating Lease, Liability, Current 41K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Tax Assets, Operating Loss Carryforwards 4.04M USD +197%
Current Income Tax Expense (Benefit) 19K USD -9.52%
Preferred Stock, Shares Authorized 10M shares
Operating Lease, Payments 49K USD -72.9%
Additional Paid in Capital 27.6M USD +7.59%
Current State and Local Tax Expense (Benefit) 5K USD -73.7%
Amortization of Intangible Assets 335K USD -60.9%
Depreciation, Depletion and Amortization 874K USD +22.9%
Share-based Payment Arrangement, Expense 139K USD +827%
Interest Expense -131K USD +29.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares