Healthcare Triangle Inc (HCTI) - Net Assets
Based on the latest financial reports, Healthcare Triangle Inc (HCTI) has net assets worth $8.73 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.84 Million) and total liabilities ($5.11 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HCTI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.73 Million |
| % of Total Assets | 63.06% |
| Annual Growth Rate | N/A |
| 5-Year Change | -218.15% |
| 10-Year Change | N/A |
| Growth Volatility | 464.99 |
Healthcare Triangle Inc - Net Assets Trend (2013–2024)
This chart illustrates how Healthcare Triangle Inc's net assets have evolved over time, based on quarterly financial data. Also explore HCTI total asset value for the complete picture of this company's asset base.
Annual Net Assets for Healthcare Triangle Inc (2013–2024)
The table below shows the annual net assets of Healthcare Triangle Inc from 2013 to 2024. For live valuation and market cap data, see market value of Healthcare Triangle Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-5.11 Million | -1050.56% |
| 2023-12-31 | $538.00K | -95.66% |
| 2022-12-31 | $12.39 Million | -23.22% |
| 2021-12-31 | $16.13 Million | +272.77% |
| 2020-12-31 | $4.33 Million | +119.17% |
| 2019-12-31 | $1.97 Million | +125.47% |
| 2016-12-31 | $-7.75 Million | -16.38% |
| 2015-12-31 | $-6.66 Million | -19.49% |
| 2014-12-31 | $-5.58 Million | +8.06% |
| 2013-12-31 | $-6.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Healthcare Triangle Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1678222400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $28.46 Million | % |
| Total Equity | $-5.11 Million | 100.00% |
Healthcare Triangle Inc Competitors by Market Cap
The table below lists competitors of Healthcare Triangle Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vistry Group PLC
LSE:VTY
|
$12.81 Million |
|
Platinex Inc
F:9PX
|
$12.83 Million |
|
Pan Malaysia Corporation Bhd
KLSE:4081
|
$12.83 Million |
|
Skin Elements Ltd
AU:SKN
|
$12.84 Million |
|
TG Metals Ltd
AU:TG6
|
$12.79 Million |
|
Great Divide Mining Ltd
AU:GDM
|
$12.78 Million |
|
GreenPower Motor Company Inc
V:GPV
|
$12.78 Million |
|
Dien Quang JSC
VN:DQC
|
$12.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Healthcare Triangle Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 538,000 to -5,114,000, a change of -5,652,000 (-1050.6%).
- Net loss of 5,969,000 reduced equity.
- Other factors increased equity by 317,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.97 Million | -116.72% |
| Other Changes | $317.00K | +6.2% |
| Total Change | $- | -1050.56% |
Book Value vs Market Value Analysis
This analysis compares Healthcare Triangle Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $-429.20 | $2.30 | x |
| 2014-12-31 | $-394.60 | $2.30 | x |
| 2015-12-31 | $-471.51 | $2.30 | x |
| 2016-12-31 | $-548.73 | $2.30 | x |
| 2019-12-31 | $139.77 | $2.30 | x |
| 2020-12-31 | $306.32 | $2.30 | x |
| 2021-12-31 | $1365.28 | $2.30 | x |
| 2022-12-31 | $834.04 | $2.30 | x |
| 2023-12-31 | $32.06 | $2.30 | x |
| 2024-12-31 | $-241.26 | $2.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Healthcare Triangle Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -51.03%
- • Asset Turnover: 5.96x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-229.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -15588.04% | 0.08x | 0.00x | $-5.20 Million |
| 2014 | 0.00% | -19864.78% | 0.01x | 0.00x | $-5.28 Million |
| 2015 | 0.00% | -115757.47% | 0.00x | 0.00x | $-6.07 Million |
| 2016 | 0.00% | -1970.20% | 0.11x | 0.00x | $-3.80 Million |
| 2019 | 59.35% | 4.08% | 3.48x | 4.18x | $974.62K |
| 2020 | 54.37% | 7.51% | 2.82x | 2.57x | $1.92 Million |
| 2021 | -36.88% | -16.87% | 1.43x | 1.53x | $-7.56 Million |
| 2022 | -77.58% | -20.94% | 2.21x | 1.68x | $-10.85 Million |
| 2023 | -2293.49% | -37.16% | 3.30x | 18.68x | $-12.39 Million |
| 2024 | 0.00% | -51.03% | 5.96x | 0.00x | $-5.46 Million |
Industry Comparison
This section compares Healthcare Triangle Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $363,436,353
- Average return on equity (ROE) among peers: -160.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Healthcare Triangle Inc (HCTI) | $8.73 Million | 0.00% | 0.59x | $12.80 Million |
| Aclarion Inc (ACON) | $2.23 Million | -317.55% | 0.31x | $1.99 Million |
| American Well Corp (AMWL) | $480.19 Million | -140.60% | 0.23x | $90.87 Million |
| Heartbeam Inc (BEAT) | $-26.87 Million | 0.00% | 0.00x | $30.38 Million |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG) | $-3.06 Million | 0.00% | 0.00x | $6.51 Million |
| BrightSpring Health Services, Inc. Common Stock (BTSG) | $612.55 Million | -25.24% | 8.03x | $8.82 Billion |
| Carlsmed, Inc. Common Stock (CARL) | $-70.63 Million | 0.00% | 0.00x | $253.42 Million |
| CareCloud Inc. (CCLD) | $101.25 Million | -8.70% | 0.36x | $117.28 Million |
| Certara Inc (CERT) | $492.05 Million | -1.81% | 1.11x | $983.48 Million |
| CareMax Inc (CMAX) | $61.44 Million | -1112.15% | 9.14x | $381.50 |
| Claritev Corporation (CTEV) | $1.99 Billion | 0.49% | 3.21x | $277.75 Million |
About Healthcare Triangle Inc
Healthcare Triangle, Inc., a healthcare information technology company, focuses on developing solutions in the sectors of cloud services, data science, and professional and managed services for the electronic health record, and healthcare and life sciences industry. It provides a suite of software, solutions, platforms, and services that enables healthcare and pharma organizations to deliver pers… Read more