HealthEquity Return On Tangible Assets from 2010 to 2024

HQY Stock  USD 104.25  0.40  0.38%   
HealthEquity Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.08196593
Current Value
0.13
Quarterly Volatility
0.2482409
 
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's 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 indicators such as Price To Sales Ratio of 6.57, Dividend Yield of 0.0735 or PTB Ratio of 5.64. HealthEquity financial statements analysis is a perfect complement when working with HealthEquity Valuation or Volatility modules.
  
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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of HealthEquity over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. HealthEquity's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

HealthEquity Return On Tangible Assets Regression Statistics

Arithmetic Mean0.19
Geometric Mean0.12
Coefficient Of Variation132.03
Mean Deviation0.18
Median0.11
Standard Deviation0.25
Sample Variance0.06
Range0.7375
R-Value(0.72)
Mean Square Error0.03
R-Squared0.52
Significance0
Slope(0.04)
Total Sum of Squares0.86

HealthEquity Return On Tangible Assets History

2023 0.082
2022 -0.0518
2021 -0.0907
2020 0.0143
2019 0.0886
2017 0.17
2016 0.13

About HealthEquity Financial Statements

HealthEquity investors use historical fundamental indicators, such as HealthEquity's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in HealthEquity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.08  0.13 

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Additional 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.