HealthEquity, Inc. (HQY)

HealthEquity Balance Sheet

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash & Equivalents	295.95	403.98	254.27	225.41	328.8
Cash & Short-Term Investments	295.95	403.98	254.27	225.41	328.8
Cash Growth	-26.74%	58.88%	12.80%	-31.44%	71.50%
Receivables	118.01	104.89	96.84	87.43	72.77
Prepaid Expenses	32.5	31.2	20.1	20.6	-
Other Current Assets	31.3	17.36	11.69	17.9	58.61
Total Current Assets	477.75	557.44	382.89	351.34	460.18
Property, Plant & Equipment	46.42	54.39	69.32	86.99	118.61
Goodwill	1,648	1,648	1,648	1,646	1,327
Other Intangible Assets	1,205	835.95	936.36	973.14	767
Long-Term Deferred Charges	7.7	2.5	3.4	4.4	5
Other Long-Term Assets	63.87	65.37	48.78	45.41	32.42
Total Assets	3,449	3,164	3,089	3,107	2,710
Accounts Payable	14.36	12.04	13.9	27.54	1.61
Accrued Expenses	131.96	95.65	89.5	104.73	126.55
Current Portion of Long-Term Debt	-	-	17.5	8.75	62.5
Current Portion of Leases	10	9.4	10.16	12.17	14.04
Total Current Liabilities	156.32	117.09	131.06	153.19	204.7
Long-Term Debt	1,056	874.97	907.84	922.08	924.22
Long-Term Leases	42.22	48.77	58.99	65.23	74.22
Long-Term Deferred Tax Liabilities	55.83	68.67	82.67	99.85	119.73
Other Long-Term Liabilities	22.96	19.27	12.71	14.19	8.81
Total Liabilities	1,334	1,129	1,193	1,255	1,332
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,906	1,829	1,746	1,677	1,158
Retained Earnings	209.27	205.63	149.92	176.06	220.35
Shareholders' Equity	2,115	2,035	1,896	1,853	1,379
Total Liabilities & Equity	3,449	3,164	3,089	3,107	2,710
Total Debt	1,109	933.14	994.49	1,008	1,075
Net Cash (Debt)	-812.57	-529.16	-740.22	-782.82	-746.18
Net Cash Per Share	-9.15	-6.09	-8.77	-9.42	-9.86
Filing Date Shares Outstanding	86.5	86.16	84.78	83.82	83.02
Total Common Shares Outstanding	86.54	86.13	84.76	83.78	77.17
Working Capital	321.43	440.35	251.83	198.15	255.48
Book Value Per Share	24.44	23.63	22.37	22.11	17.87
Tangible Book Value	-737.89	-449.07	-688.86	-766.4	-715.47
Tangible Book Value Per Share	-8.53	-5.21	-8.13	-9.15	-9.27
Machinery	25.93	32.58	36.41	40.4	37.82
Leasehold Improvements	13.97	14.46	18.27	18.57	22.27

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q