HealthEquity Return on Average Assets vs Operating Expenses Analysis

HQY Stock  USD 79.72  0.24  0.30%   
Trend analysis of HealthEquity balance sheet accounts such as Total Current Liabilities of 79 M or Total Stockholder Equity of 2.1 B provides information on HealthEquity's total assets, liabilities, and equity, which is the actual value of HealthEquity to its prevalent stockholders. By breaking down trends over time using HealthEquity balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HealthEquity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.

About HealthEquity Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of HealthEquity at a specified time, usually calculated after every quarter, six months, or one year. HealthEquity Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HealthEquity and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which HealthEquity currently owns. An asset can also be divided into two categories, current and non-current.

HealthEquity Balance Sheet Chart

HealthEquity Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how HealthEquity uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, HealthEquity's Deferred Long Term Liabilities is fairly stable compared to the past year. Capital Surpluse is likely to rise to about 1.4 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 54.8 M in 2024.

Total Assets

Total assets refers to the total amount of HealthEquity assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in HealthEquity books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on HealthEquity balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of HealthEquity are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from HealthEquity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HealthEquity current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HealthEquity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.Selling General Administrative is likely to rise to about 108.8 M in 2024. Tax Provision is likely to rise to about 20.3 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit423.7M490.1M529.9M556.4M
Total Revenue756.6M861.7M999.6M1.0B

HealthEquity fundamental ratios Correlations

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Click cells to compare fundamentals

HealthEquity Account Relationship Matchups

HealthEquity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.7B3.1B3.1B3.2B3.4B
Other Current Liab96.7M126.2M104.7M89.5M95.6M54.8M
Total Current Liabilities152.1M204.3M153.2M131.1M117.1M79.0M
Total Stockholder Equity1.0B1.4B1.9B1.9B2.0B2.1B
Other Liab133.1M128.5M114.0M95.4M109.7M115.2M
Accounts Payable4.0M1.6M27.5M13.9M12.0M6.9M
Cash191.7M328.8M225.4M254.3M404.0M212.6M
Other Assets35.1M37.4M49.8M52.2M1.00.95
Good Will1.3B1.3B1.6B1.6B1.9B2.0B
Common Stock Shares Outstanding68.5M75.7M83.1M84.4M87.0M68.4M
Other Current Assets33.8M58.6M38.5M31.8M48.6M51.0M
Total Liab1.5B1.3B1.3B1.2B1.2B609.8M
Intangible Assets783.3M767.0M973.1M936.4M835.9M428.2M
Property Plant Equipment33.5M118.6M87.0M69.3M79.7M83.7M
Property Plant And Equipment Net116.7M118.6M87.0M69.3M54.4M47.5M
Net Debt1.1B746.2M782.8M740.2M529.2M299.8M
Retained Earnings211.5M220.3M176.1M149.9M205.6M121.8M
Non Current Assets Total2.3B2.2B2.8B2.7B2.7B2.8B
Cash And Short Term Investments191.7M328.8M225.4M254.3M404.0M243.5M
Net Receivables70.5M72.8M87.4M96.8M104.9M52.6M
Liabilities And Stockholders Equity2.6B2.7B3.1B3.1B3.2B1.6B
Non Current Liabilities Total1.4B1.1B1.1B1.1B1.1B578.7M
Other Stockholder Equity818.8M1.2B1.7B1.7B1.8B1.9B
Property Plant And Equipment Gross116.7M118.6M87.0M69.3M95.4M51.6M
Total Current Assets296.0M460.2M351.3M382.9M557.4M320.0M
Net Tangible Assets(1.1B)(715.1M)(766.4M)(688.9M)(620.0M)(589.0M)
Non Currrent Assets Other35.1M37.4M49.8M52.2M(768.1M)(729.7M)
Retained Earnings Total Equity85.3M171.9M211.5M220.3M253.4M266.1M
Capital Surpluse261.2M305.2M818.8M1.2B1.3B1.4B
Non Current Liabilities Other1.4B8.8M14.2M12.7M19.3M18.3M
Net Invested Capital2.3B2.4B2.8B2.8B2.9B2.2B
Net Working Capital145.4M255.5M198.2M251.8M440.3M298.8M

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HealthEquity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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.