Company: HCTI
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109581
Chunk: 53

Company: Healthcare Triangle, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 53
---
  ended  September 30,  2024 
  
    SecureKloud Technologies Limited, India 
    Services received 
    $       470  
              -  
    $1,945  
            - 

    Amounts advanced 
    $525  
     -  
    $2,793  
     - 
  
    SecureKloud Technologies, Inc. 
    Services received 
     -  
    $547  
    $269  
    $2,793 

    Amounts advanced 
     -  
    $184  
    $1,666  
    $2,489 

    Services rendered 
     -  
     -  
    $138  
     - 

    Amounts collected 
    $27  
     -  
    $407  
     - 

    Rent expenses paid 
    $90  
    $34  
    $135  
    $101 
  
    Blockedge Technologies, Inc. 
    Services received 
    $40  
     -  
    $70  
     - 

    Amounts advanced 
    $140  
     -  
    $285  
     - 

    Revenue 
    $9  
     -  
    $9  
     - 

    Accounts receivable 
    $9  
     -  
    $9  
     - 
  
    Key management personnel 
    Remuneration 
    $133  
    $70  
    $385  
    $209 

42

Liquidity and Capital Resources

Liquidity

The current ratio measures a company’s ability
to pay off its current liabilities (payable within one year) with its total current assets such as cash, accounts receivable, and inventories.
The higher the ratio, the better the company’s liquidity position. A good current ratio is between 1.2 to 2, which means that a
business has upto 2 times more current assets than liabilities to covers its debts. The Company’s current ratio, as at September
30, 2025 is 1.13 compared to 0.22 as at December 31, 2024.

The Company’s current debt equity ratio,
as at September 30, 2025 financial statement is 0