HealthEquity, Inc. (HQY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Total Current Assets | 466.53M | 512.28M | 498.71M | 492.83M | 472.8M | 477.75M | 495.25M | 495.63M | 404.9M | 557.44M | 474.41M | 422.56M | 358.41M | 382.89M | 332.16M | 308.59M | 278.92M | 351.34M | 764.13M | 860.61M |
| Cash & Short-Term Investments | 265.37M | 318.93M | 309.26M | 304.46M | 287.89M | 295.95M | 322.16M | 326.89M | 251.23M | 403.98M | 334.06M | 290.35M | 225.64M | 254.27M | 210.2M | 176.89M | 161.25M | 225.41M | 649.13M | 753.75M |
| Cash Only | 265.37M | 318.93M | 309.26M | 304.46M | 287.89M | 295.95M | 322.16M | 326.89M | 251.23M | 403.98M | 334.06M | 290.35M | 225.64M | 254.27M | 210.2M | 176.89M | 161.25M | 225.41M | 649.13M | 753.75M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 122M | 123.7M | 111.24M | 111.16M | 116.26M | 118.01M | 106.71M | 108.45M | 106.22M | 104.89M | 96.18M | 92.58M | 98.41M | 96.83M | 87.72M | 90.43M | 86M | 87.43M | 84.08M | 74.22M |
| Days Sales Outstanding | 30.83 | 32.3 | 31.76 | 32.11 | 31.51 | 33.15 | 32.94 | 32.92 | 33.03 | 35.25 | 34.84 | 36.07 | 35.55 | 36.3 | 37.92 | 39.37 | 37.52 | 38.81 | 40.47 | 36.17 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 79.16M | 69.66M | 78.21M | 77.21M | 68.65M | 63.8M | 66.37M | 60.28M | 47.45M | 48.56M | 44.17M | 39.63M | 34.35M | 31.79M | 34.25M | 41.27M | 31.67M | 38.49M | 30.92M | 32.64M |
| Total Non-Current Assets | 2.84B | 2.92B | 2.9B | 2.92B | 2.94B | 2.97B | 2.99B | 3.02B | 2.84B | 2.61B | 2.62B | 2.64B | 2.68B | 2.71B | 2.73B | 2.77B | 2.79B | 2.76B | 2.34B | 2.29B |
| Property, Plant & Equipment | 38.38M | 39.49M | 41.44M | 42.84M | 44.62M | 46.42M | 48.73M | 51.08M | 53.19M | 54.39M | 57.99M | 61.12M | 67.26M | 69.32M | 74.16M | 78.62M | 83.6M | 86.98M | 106.08M | 111.15M |
| Fixed Asset Turnover | 9.11x | 8.27x | 7.65x | 7.45x | 7.27x | 6.55x | 6.02x | 5.75x | 5.35x | 4.67x | 4.18x | 3.79x | 3.58x | 3.26x | 2.83x | 2.54x | 2.41x | 2.11x | 1.66x | 1.68x |
| Goodwill | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.36B | 1.36B |
| Intangible Assets | 1.07B | 1.1B | 1.12B | 1.15B | 1.18B | 1.2B | 1.23B | 1.25B | 1.07B | 835.95M | 860.51M | 881.94M | 907.7M | 936.36M | 964.53M | 991.95M | 1.01B | 973.14M | 820.95M | 770.33M |
| Long-Term Investments | 0 | 3.29M | 7.79M | 1.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 80.09M | 131.67M | 85M | 79.32M | 71.28M | 71.57M | 67.75M | 65.41M | 68.88M | 67.87M | 52.45M | 52.7M | 53.49M | 52.18M | 48.15M | 48.88M | 48.84M | 49.81M | 44.91M | 42.97M |
| Total Assets | 3.31B | 3.43B | 3.4B | 3.42B | 3.42B | 3.45B | 3.49B | 3.51B | 3.25B | 3.16B | 3.09B | 3.07B | 3.04B | 3.09B | 3.06B | 3.07B | 3.07B | 3.11B | 3.1B | 3.15B |
| Asset Turnover | 0.11x | 0.10x | 0.09x | 0.10x | 0.10x | 0.09x | 0.09x | 0.09x | 0.09x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.07x | 0.07x | 0.07x | 0.07x | 0.06x | 0.06x |
| Asset Growth % | -3.22% | -0.48% | -2.59% | -2.78% | 5.23% | 9% | 12.76% | 14.61% | 6.97% | 2.42% | 0.94% | -0.25% | -0.98% | -0.59% | -1.12% | -2.37% | -3.06% | 14.64% | 16.65% | 18.18% |
| Total Current Liabilities | 135.74M | 156.85M | 120.63M | 116.58M | 116.34M | 156.32M | 154.54M | 120.91M | 92.22M | 117.09M | 96.24M | 103.27M | 89.66M | 131.06M | 110.38M | 125.52M | 117.65M | 153.19M | 107.07M | 185.12M |
| Accounts Payable | 14.22M | 12.16M | 19.55M | 9.6M | 13.5M | 14.36M | 10.35M | 10.56M | 18.17M | 12.04M | 13.42M | 12.54M | 13.36M | 13.9M | 15.84M | 15.84M | 13.66M | 27.54M | 5.24M | 4.7M |
| Days Payables Outstanding | 11.94 | 57.35 | 11.07 | 8.84 | 9.28 | 9.27 | 7.3 | 10.42 | 10.79 | 9.58 | 10.47 | 10.29 | 10.13 | 11.14 | 12.92 | 12.06 | 15.51 | 12.46 | 4.75 | 6.77 |
| Short-Term Debt | 0 | 9.91M | 9.93M | 9.95M | 9.97M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.5M | 15.31M | 13.13M | 10.94M | 8.75M | 6.56M | 78.13M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 26.66M | 134.78M | 47.41M | 64.54M | 24.43M | 69.33M | 47.51M | 37.07M | 23.1M | 49.61M | 31.21M | 31.42M | 20M | 45.84M | 35.14M | 41.99M | 33.41M | 47.14M | 32.7M | 40.15M |
| Current Ratio | 3.44x | 3.27x | 4.13x | 4.23x | 4.06x | 3.06x | 3.20x | 4.10x | 4.39x | 4.76x | 4.93x | 4.09x | 4.00x | 2.92x | 3.01x | 2.46x | 2.37x | 2.29x | 7.14x | 4.65x |
| Quick Ratio | 3.44x | 3.27x | 4.13x | 4.23x | 4.06x | 3.06x | 3.20x | 4.10x | 4.39x | 4.76x | 4.93x | 4.09x | 4.00x | 2.92x | 3.01x | 2.46x | 2.37x | 2.29x | 7.14x | 4.65x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.12B | 1.17B | 1.14B | 1.15B | 1.18B | 1.18B | 1.21B | 1.24B | 1.06B | 1.01B | 1.01B | 1.01B | 1.03B | 1.06B | 1.07B | 1.08B | 1.09B | 1.1B | 1.12B | 1.1B |
| Long-Term Debt | 942.66M | 957.38M | 982.11M | 1.01B | 1.06B | 1.06B | 1.08B | 1.1B | 925.67M | 874.97M | 874.27M | 873.58M | 872.9M | 907.84M | 911.41M | 914.97M | 918.51M | 922.08M | 923.5M | 895.45M |
| Capital Lease Obligations | 32.11M | 34.19M | 36.23M | 38.24M | 40.22M | 42.22M | 44.2M | 46.16M | 48.25M | 48.77M | 50.58M | 52.37M | 58.63M | 58.99M | 60.82M | 62.63M | 64.34M | 65.23M | 67.84M | 70M |
| Deferred Tax Liabilities | 95.35M | 145.42M | 101.57M | 86.61M | 57.16M | 55.83M | 58.6M | 63.47M | 63.28M | 68.67M | 66.74M | 74.53M | 81.93M | 82.67M | 89.28M | 92.29M | 95.38M | 99.85M | 110.4M | 115.31M |
| Other Non-Current Liabilities | 52.93M | 31.01M | 23.5M | 21.99M | 22.18M | 22.96M | 25.27M | 25.5M | 19.27M | 19.27M | 17.71M | 13.09M | 13.31M | 12.71M | 9.76M | 13.73M | 13.92M | 14.19M | 18.95M | 20.09M |
| Total Liabilities | 1.26B | 1.32B | 1.26B | 1.27B | 1.29B | 1.33B | 1.36B | 1.36B | 1.15B | 1.13B | 1.11B | 1.12B | 1.12B | 1.19B | 1.18B | 1.21B | 1.21B | 1.25B | 1.23B | 1.29B |
| Total Debt | 984.68M | 1B | 1.03B | 1.06B | 1.11B | 1.11B | 1.14B | 1.16B | 983.68M | 933.14M | 934.62M | 935.98M | 942.17M | 994.49M | 998.25M | 1B | 1.01B | 1.01B | 1.01B | 1.06B |
| Net Debt | 719.31M | 682.55M | 719M | 750.56M | 818.86M | 812.57M | 813.03M | 830.56M | 732.45M | 529.16M | 600.56M | 645.63M | 716.53M | 740.22M | 788.05M | 825.11M | 844.36M | 782.82M | 361.46M | 302.87M |
| Debt / Equity | 0.48x | 0.48x | 0.48x | 0.49x | 0.52x | 0.52x | 0.53x | 0.54x | 0.47x | 0.46x | 0.47x | 0.48x | 0.49x | 0.52x | 0.53x | 0.54x | 0.54x | 0.54x | 0.54x | 0.57x |
| Debt / EBITDA | 8.52x | - | 8.67x | 8.16x | 8.99x | 10.01x | 11.98x | 11.10x | 11.89x | 11.80x | 16.47x | 14.37x | 14.34x | 16.91x | 19.00x | 21.78x | 24.24x | 26.56x | 21.77x | 21.76x |
| Net Debt / EBITDA | 6.22x | - | 6.06x | 5.80x | 6.65x | 7.34x | 8.58x | 7.96x | 8.86x | 6.69x | 10.58x | 9.91x | 10.91x | 12.59x | 15.00x | 17.93x | 20.35x | 20.62x | 7.79x | 6.24x |
| Interest Coverage | 7.41x | 4.68x | 5.81x | 6.22x | 5.78x | 2.96x | 1.34x | 4.02x | 3.82x | 3.18x | 2.56x | 2.07x | 1.67x | 1.00x | 0.49x | -0.21x | -0.73x | -3.07x | -0.10x | -0.07x |
| Total Equity | 2.05B | 2.11B | 2.13B | 2.15B | 2.12B | 2.11B | 2.12B | 2.16B | 2.1B | 2.04B | 1.99B | 1.95B | 1.92B | 1.9B | 1.88B | 1.86B | 1.86B | 1.85B | 1.87B | 1.86B |
| Equity Growth % | -3.6% | -0.36% | 0.44% | -0.49% | 1.24% | 3.93% | 6.88% | 10.64% | 9.34% | 7.35% | 5.57% | 4.54% | 3.41% | 2.32% | 0.6% | 0.12% | 0.38% | 34.37% | 38.12% | 38.97% |
| Book Value per Share | 24.09 | 24.09 | 24.54 | 24.46 | 24.02 | 23.87 | 23.97 | 24.33 | 23.75 | 23.27 | 22.82 | 22.58 | 22.28 | 22.38 | 22.27 | 22.08 | 22.08 | 22.13 | 22.40 | 22.31 |
| Total Shareholders' Equity | 2.05B | 2.11B | 2.13B | 2.15B | 2.12B | 2.11B | 2.12B | 2.16B | 2.1B | 2.04B | 1.99B | 1.95B | 1.92B | 1.9B | 1.88B | 1.86B | 1.86B | 1.85B | 1.87B | 1.86B |
| Common Stock | 8K | 8K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 8K | 8K | 8K | 8K | 8K | 8K | 8K |
| Retained Earnings | 177.2M | 195.91M | 207.94M | 226.9M | 218.35M | 209.27M | 231.59M | 270.26M | 234.44M | 205.63M | 179.26M | 164.59M | 154.01M | 149.92M | 150.13M | 151.77M | 162.42M | 176.06M | 208.88M | 213.91M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -31.75M | -5.71M | 8.84M | 203K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |