HealthEquity Balance Sheet Health
Financial Health criteria checks 4/6
HealthEquity has a total shareholder equity of $2.1B and total debt of $925.7M, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are $3.2B and $1.1B respectively. HealthEquity's EBIT is $145.3M making its interest coverage ratio 3.8. It has cash and short-term investments of $251.2M.
Key information
44.1%
Debt to equity ratio
US$925.68m
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$251.23m |
| Equity | US$2.10b |
| Total liabilities | US$1.15b |
| Total assets | US$3.25b |
Recent financial health updates
Is HealthEquity (NASDAQ:HQY) Using Too Much Debt?
Jul 13
Is HealthEquity (NASDAQ:HQY) A Risky Investment?
Nov 17Does 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 08Recent updates
Getting In Cheap On HealthEquity, Inc. (NASDAQ:HQY) Might Be Difficult
Aug 30HealthEquity: Compelling Catalysts, Fairly Valued, Reiterate Buy
Aug 27Is HealthEquity (NASDAQ:HQY) Using Too Much Debt?
Jul 13We Think Some Shareholders May Hesitate To Increase HealthEquity, Inc.'s (NASDAQ:HQY) CEO Compensation
Jun 21Earnings Beat: HealthEquity, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jun 07HealthEquity: A Trading Vehicle Performing As Expected, Strong Growth Hard To Ignore
Jun 04HealthEquity: Strong Growth And Healthy Cash Flows Changed My Mind
May 29Are 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 09Financial Position Analysis
Short Term Liabilities: HQY's short term assets ($404.9M) exceed its short term liabilities ($92.2M).
Long Term Liabilities: HQY's short term assets ($404.9M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: HQY's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: HQY's debt to equity ratio has increased from 0% to 44.1% over the past 5 years.
Debt Coverage: HQY's debt is well covered by operating cash flow (29.9%).
Interest Coverage: HQY's interest payments on its debt are well covered by EBIT (3.8x coverage).