HealthEquity Interest Coverage from 2010 to 2024

HQY Stock  USD 81.63  1.91  2.40%   
HealthEquity Interest Coverage yearly trend continues to be fairly stable with very little volatility. Interest Coverage is likely to outpace its year average in 2024. During the period from 2010 to 2024, HealthEquity Interest Coverage regression line of annual values had significance of  0.91 and arithmetic mean of (2.13). View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
2.31059416
Current Value
2.43
Quarterly Volatility
124.51907946
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HealthEquity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HealthEquity main balance sheet or income statement drivers, such as Depreciation And Amortization of 160.7 M, Interest Expense of 58.2 M or Selling General Administrative of 108.8 M, as well as many exotic indicators such as Short Term Coverage Ratios of 27.11, Price Earnings Ratio of 72.29 or Price To Sales Ratio of 6.57. HealthEquity financial statements analysis is a perfect complement when working with HealthEquity Valuation or Volatility modules.
  
This module can also supplement HealthEquity's financial leverage analysis and stock options assessment as well as various HealthEquity Technical models . Check out the analysis of HealthEquity Correlation against competitors.
For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.

Latest HealthEquity's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of HealthEquity over the last few years. It is HealthEquity's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HealthEquity's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Very volatile
   Interest Coverage   
       Timeline  

HealthEquity Interest Coverage Regression Statistics

Arithmetic Mean(2.13)
Coefficient Of Variation(5,858)
Mean Deviation50.85
Median3.11
Standard Deviation124.52
Sample Variance15,505
Range645
R-Value(0.03)
Mean Square Error16,681
R-Squared0.001
Significance0.91
Slope(0.87)
Total Sum of Squares217,070

HealthEquity Interest Coverage History

2024 2.43
2023 2.31
2022 0.8
2021 0.95
2020 2.39
2015 3.11
2014 -383.48

About HealthEquity Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include HealthEquity income statement, its balance sheet, and the statement of cash flows. HealthEquity investors use historical funamental indicators, such as HealthEquity's Interest Coverage, to determine how well the company is positioned to perform in the future. Although HealthEquity investors may use each financial statement separately, they are all related. The changes in HealthEquity's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on HealthEquity's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on HealthEquity Financial Statements. Understanding these patterns can help to make the right decision on long term investment in HealthEquity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Interest Coverage 2.31  2.43 

HealthEquity Investors Sentiment

The influence of HealthEquity's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in HealthEquity. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to HealthEquity's public news can be used to forecast risks associated with an investment in HealthEquity. The trend in average sentiment can be used to explain how an investor holding HealthEquity can time the market purely based on public headlines and social activities around HealthEquity. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
HealthEquity's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for HealthEquity's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average HealthEquity's news discussions. The higher the estimated score, the more favorable is the investor's outlook on HealthEquity.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HealthEquity in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HealthEquity's short interest history, or implied volatility extrapolated from HealthEquity options trading.

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When determining whether HealthEquity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HealthEquity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Healthequity Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Healthequity Stock:
Check out the analysis of HealthEquity Correlation against competitors.
For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for HealthEquity Stock analysis

When running HealthEquity's price analysis, check to measure HealthEquity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HealthEquity is operating at the current time. Most of HealthEquity's value examination focuses on studying past and present price action to predict the probability of HealthEquity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HealthEquity's price. Additionally, you may evaluate how the addition of HealthEquity to your portfolios can decrease your overall portfolio volatility.
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Is HealthEquity's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HealthEquity. If investors know HealthEquity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HealthEquity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Earnings Share
0.64
Revenue Per Share
11.682
Quarterly Revenue Growth
0.122
Return On Assets
0.0256
The market value of HealthEquity is measured differently than its book value, which is the value of HealthEquity that is recorded on the company's balance sheet. Investors also form their own opinion of HealthEquity's value that differs from its market value or its book value, called intrinsic value, which is HealthEquity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HealthEquity's market value can be influenced by many factors that don't directly affect HealthEquity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HealthEquity's value and its price as these two are different measures arrived at by different means. Investors typically determine if HealthEquity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HealthEquity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.