HealthEquity Balance Sheet
NASDAQ: HQYConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
HealthEquity financial position
At the end of fiscal 2026, HealthEquity reported total assets of $3.38 billion, down 2.0% from a year earlier against total liabilities of $1.27 billion. Shareholders' equity stood at $2.11 billion, or 62.3% of assets. The company held $318.9 million in cash and equivalents against $957.4 million of debt, a net debt position of $638.5 million.
The current ratio (current assets divided by current liabilities) was 3.27, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.45.
Summary generated from market data by MetaCap's automated system. Methodology
HealthEquity balance sheet (annual)
| Fiscal year (USD) | FY 20262026-01-31 | FY 20252025-01-31 | FY 20242024-01-31 | FY 20232023-01-31 | FY 20222022-01-31 | FY 20212021-01-31 | FY 20202020-01-31 | FY 20192019-01-31 | FY 20182018-01-31 | FY 20172017-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 318.93M | 295.95M | 403.98M | 254.27M | 225.41M | 328.80M | 191.73M | 361.48M | 199.47M | 139.95M |
| Receivables | 123.70M | 118.01M | 104.89M | 96.83M | 87.43M | 72.77M | 70.86M | 25.67M | 21.60M | 17.00M |
| Inventory | — | — | — | — | — | — | — | — | 215.00K | 592.00K |
| Total Current Assets | 512.28M | 477.75M | 557.44M | 382.89M | 351.34M | 460.18M | 297.30M | 394.68M | 265.40M | 200.82M |
| Property, Plant & Equipment | 3.18M | 3.24M | 6.01M | 12.86M | 23.37M | 29.11M | 33.49M | 8.22M | 7.84M | 5.17M |
| Goodwill | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.33B | 1.33B | 4.65M | 4.65M | 4.65M |
| Intangible Assets | 1.10B | 1.20B | 835.95M | 936.36M | 973.14M | 767.00M | 783.28M | 79.67M | 83.64M | 65.02M |
| Long-Term Investments | — | — | — | — | — | — | — | 709.00K | — | — |
| Total Assets | 3.38B | 3.45B | 3.16B | 3.09B | 3.11B | 2.71B | 2.56B | 510.02M | 369.16M | 279.14M |
| Accounts Payable | 12.16M | 14.36M | 12.04M | 13.90M | 27.54M | 1.61M | 3.98M | 3.52M | 2.42M | 3.22M |
| Short-Term Debt | 0 | 0 | 0 | 17.50M | 8.75M | 62.50M | 39.06M | 0 | — | — |
| Total Current Liabilities | 156.85M | 156.32M | 117.09M | 131.06M | 153.19M | 204.70M | 151.94M | 29.05M | 20.49M | 15.70M |
| Long-Term Debt | 957.38M | 1.06B | 874.97M | 907.84M | 922.08M | 924.22M | 1.18B | 0 | — | — |
| Total Liabilities | 1.27B | 1.33B | 1.13B | 1.19B | 1.25B | 1.33B | 1.53B | 32.94M | 22.89M | 17.20M |
| Shareholders' Equity | 2.11B | 2.11B | 2.04B | 1.90B | 1.85B | 1.38B | 1.03B | 477.08M | 346.27M | 261.94M |
| Retained Earnings | 195.91M | 209.27M | 205.63M | 149.92M | 176.06M | 220.35M | 211.51M | 171.85M | 85.30M | 29.98M |
| Total Debt | 957.38M | 1.06B | 874.97M | 925.34M | 930.83M | 986.72M | 1.22B | 0 | — | — |
| Net Cash (Debt) | -638.45M | -760.35M | -470.99M | -671.07M | -705.41M | -657.91M | -1.03B | 361.48M | 199.47M | 139.95M |
| Shares Outstanding | 85.01M | 86.54M | 86.13M | 84.76M | 83.78M | 77.17M | 71.05M | 62.45M | 60.83M | 59.54M |
This table shows 10 annual periods of HealthEquity's balance sheet, from FY 2026 back to FY 2017, across 19 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow HQY's reporting calendar. What is a balance sheet?