HealthEquity Property Plant And Equipment Net vs Non Current Liabilities Total Analysis

HQY Stock  USD 104.25  0.40  0.38%   
HealthEquity financial indicator trend analysis is much more than just examining HealthEquity latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HealthEquity is a good investment. Please check the relationship between HealthEquity Property Plant And Equipment Net and its Non Current Liabilities Total accounts. 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 closely tied 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.

Property Plant And Equipment Net vs Non Current Liabilities Total

Property Plant And Equipment Net vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HealthEquity Property Plant And Equipment Net account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between HealthEquity's Property Plant And Equipment Net and Non Current Liabilities Total is 0.96. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of HealthEquity, assuming nothing else is changed. The correlation between historical values of HealthEquity's Property Plant And Equipment Net and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of HealthEquity are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant And Equipment Net i.e., HealthEquity's Property Plant And Equipment Net and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Liabilities Total

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 closely tied 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.At this time, HealthEquity's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 20.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit423.7M490.1M622.6M653.8M
Total Revenue756.6M861.7M999.6M1.0B

HealthEquity fundamental ratios Correlations

0.920.890.980.970.680.690.620.990.760.91-0.760.950.910.940.760.920.850.850.841.00.670.950.760.920.97
0.920.990.840.960.580.720.750.880.740.86-0.750.910.980.960.770.890.970.910.910.920.680.930.770.980.82
0.890.990.810.940.550.660.780.850.70.82-0.720.90.970.940.720.90.980.920.870.90.620.90.720.960.79
0.980.840.810.90.720.720.540.980.770.9-0.730.910.820.890.770.910.740.730.80.970.710.930.760.831.0
0.970.960.940.90.570.620.630.950.680.87-0.740.960.960.930.70.90.940.920.840.970.590.90.70.960.88
0.680.580.550.720.570.430.610.660.590.57-0.480.50.590.740.550.590.480.550.510.690.40.720.560.60.73
0.690.720.660.720.620.430.490.640.770.84-0.650.680.610.650.870.690.580.410.90.640.990.760.870.60.7
0.620.750.780.540.630.610.490.530.580.62-0.60.510.750.770.570.580.770.710.690.630.440.690.570.740.53
0.990.880.850.980.950.660.640.530.720.88-0.740.940.880.910.710.910.810.830.780.990.610.920.70.890.97
0.760.740.70.770.680.590.770.580.720.75-0.560.680.70.760.870.70.640.570.780.730.780.810.870.690.76
0.910.860.820.90.870.570.840.620.880.75-0.840.870.810.830.780.830.780.690.930.880.820.870.770.810.88
-0.76-0.75-0.72-0.73-0.74-0.48-0.65-0.6-0.74-0.56-0.84-0.74-0.72-0.72-0.44-0.7-0.69-0.63-0.81-0.75-0.6-0.73-0.44-0.72-0.72
0.950.910.90.910.960.50.680.510.940.680.87-0.740.870.860.690.970.860.80.810.940.660.870.680.870.9
0.910.980.970.820.960.590.610.750.880.70.81-0.720.870.970.710.840.970.970.850.930.570.930.711.00.81
0.940.960.940.890.930.740.650.770.910.760.83-0.720.860.970.750.870.910.920.840.950.610.980.750.970.88
0.760.770.720.770.70.550.870.570.710.870.78-0.440.690.710.750.710.670.560.840.730.890.821.00.70.76
0.920.890.90.910.90.590.690.580.910.70.83-0.70.970.840.870.710.830.750.780.910.660.860.70.830.9
0.850.970.980.740.940.480.580.770.810.640.78-0.690.860.970.910.670.830.940.840.860.540.840.670.960.72
0.850.910.920.730.920.550.410.710.830.570.69-0.630.80.970.920.560.750.940.70.880.360.840.560.970.72
0.840.910.870.80.840.510.90.690.780.780.93-0.810.810.850.840.840.780.840.70.810.880.870.840.840.77
1.00.920.90.970.970.690.640.630.990.730.88-0.750.940.930.950.730.910.860.880.810.610.940.720.930.96
0.670.680.620.710.590.40.990.440.610.780.82-0.60.660.570.610.890.660.540.360.880.610.730.890.560.68
0.950.930.90.930.90.720.760.690.920.810.87-0.730.870.930.980.820.860.840.840.870.940.730.820.930.92
0.760.770.720.760.70.560.870.570.70.870.77-0.440.680.710.751.00.70.670.560.840.720.890.820.70.75
0.920.980.960.830.960.60.60.740.890.690.81-0.720.871.00.970.70.830.960.970.840.930.560.930.70.81
0.970.820.791.00.880.730.70.530.970.760.88-0.720.90.810.880.760.90.720.720.770.960.680.920.750.81
Click cells to compare fundamentals

HealthEquity Account Relationship Matchups

HealthEquity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.7B3.1B3.1B3.2B3.3B
Other Current Liab96.7M112.5M92.6M79.3M86.2M50.7M
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 Liab1.5B1.3B1.3B1.2B1.1B603.1M
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 Total2.3B2.2B2.8B2.7B2.6B2.7B
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 Total1.4B1.1B1.1B1.1B1.0B571.4M
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 Other35.1M37.4M49.8M52.2M67.9M71.3M
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.