HealthEquity Balance Sheet Health
Financial Health criteria checks 3/6
HealthEquity has a total shareholder equity of $2.0B and total debt of $875.0M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are $3.2B and $1.1B respectively. HealthEquity's EBIT is $128.1M making its interest coverage ratio 3. It has cash and short-term investments of $404.0M.
Key information
43.0%
Debt to equity ratio
US$874.97m
Debt
| Interest coverage ratio | 3x |
| Cash | US$403.98m |
| Equity | US$2.04b |
| Total liabilities | US$1.13b |
| Total assets | US$3.16b |
Recent financial health updates
Is HealthEquity (NASDAQ:HQY) A Risky Investment?
Nov 17
Does HealthEquity (NASDAQ:HQY) Have A Healthy Balance Sheet?
Jul 27Does HealthEquity (NASDAQ:HQY) Have A Healthy Balance Sheet?
Apr 18Is HealthEquity (NASDAQ:HQY) Using Too Much Debt?
Dec 24These 4 Measures Indicate That HealthEquity (NASDAQ:HQY) Is Using Debt Extensively
Sep 08These 4 Measures Indicate That HealthEquity (NASDAQ:HQY) Is Using Debt Extensively
May 24Recent updates
Are Investors Undervaluing HealthEquity, Inc. (NASDAQ:HQY) By 48%?
May 03Market Participants Recognise HealthEquity, Inc.'s (NASDAQ:HQY) Revenues
Apr 11HealthEquity: Multiple Compression Has Finally Made It A Buy
Mar 21Investors Appear Satisfied With HealthEquity, Inc.'s (NASDAQ:HQY) Prospects
Dec 28Is HealthEquity (NASDAQ:HQY) A Risky Investment?
Nov 17HealthEquity, Inc.'s (NASDAQ:HQY) Intrinsic Value Is Potentially 51% Above Its Share Price
Oct 26Does HealthEquity (NASDAQ:HQY) Have A Healthy Balance Sheet?
Jul 27HealthEquity, Inc. (NASDAQ:HQY) Shares Could Be 37% Below Their Intrinsic Value Estimate
Jul 07Does HealthEquity (NASDAQ:HQY) Have A Healthy Balance Sheet?
Apr 18Estimating The Intrinsic Value Of HealthEquity, Inc. (NASDAQ:HQY)
Mar 14Is HealthEquity (NASDAQ:HQY) Using Too Much Debt?
Dec 24Is Now An Opportune Moment To Examine HealthEquity, Inc. (NASDAQ:HQY)?
Dec 02Is HealthEquity, Inc. (NASDAQ:HQY) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 11These 4 Measures Indicate That HealthEquity (NASDAQ:HQY) Is Using Debt Extensively
Sep 08HealthEquity Non-GAAP EPS of $0.33 in-line, revenue of $206.1M beats by $2.22M
Sep 06HealthEquity: Asymmetry In Valuation Continues To Widen
Aug 25HealthEquity COO steps down, CEO to assume his responsibilities
Aug 02Is Now An Opportune Moment To Examine HealthEquity, Inc. (NASDAQ:HQY)?
Jul 27Calculating The Intrinsic Value Of HealthEquity, Inc. (NASDAQ:HQY)
Jul 06These 4 Measures Indicate That HealthEquity (NASDAQ:HQY) Is Using Debt Extensively
May 24Is Now An Opportune Moment To Examine HealthEquity, Inc. (NASDAQ:HQY)?
Apr 12An Intrinsic Calculation For HealthEquity, Inc. (NASDAQ:HQY) Suggests It's 29% Undervalued
Mar 16HealthEquity: Quality Firm, But Not Likely Worth The Price
Mar 01These 4 Measures Indicate That HealthEquity (NASDAQ:HQY) Is Using Debt Extensively
Jan 28Is Now An Opportune Moment To Examine HealthEquity, Inc. (NASDAQ:HQY)?
Jan 02HealthEquity, Inc. (NASDAQ:HQY) Shares Could Be 26% Below Their Intrinsic Value Estimate
Dec 09Is HealthEquity (NASDAQ:HQY) Using Too Much Debt?
Oct 10Is There An Opportunity With HealthEquity, Inc.'s (NASDAQ:HQY) 36% Undervaluation?
Sep 05Is Now An Opportune Moment To Examine HealthEquity, Inc. (NASDAQ:HQY)?
Aug 09Financial Position Analysis
Short Term Liabilities: HQY's short term assets ($557.4M) exceed its short term liabilities ($117.1M).
Long Term Liabilities: HQY's short term assets ($557.4M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: HQY's net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: HQY's debt to equity ratio has increased from 0% to 43% over the past 5 years.
Debt Coverage: HQY's debt is well covered by operating cash flow (27.8%).
Interest Coverage: HQY's interest payments on its debt are not well covered by EBIT (3x coverage).