HealthEquity Stock Based Compensation vs Change To Inventory Analysis

HQY Stock  USD 102.42  2.33  2.33%   
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 Stock Based Compensation and its Change To Inventory 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.

Stock Based Compensation vs Change To Inventory

Stock Based Compensation vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HealthEquity Stock Based Compensation account and Change To Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between HealthEquity's Stock Based Compensation and Change To Inventory is -0.09. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of HealthEquity, assuming nothing else is changed. The correlation between historical values of HealthEquity's Stock Based Compensation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of HealthEquity are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Stock Based Compensation i.e., HealthEquity's Stock Based Compensation and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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 18.3 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit490.1M622.6M716.0M751.8M
Total Revenue861.7M999.6M1.1B1.2B

HealthEquity fundamental ratios Correlations

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0.90.990.830.950.610.690.630.890.770.87-0.760.890.940.910.80.90.950.90.920.910.730.850.790.940.82
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0.980.830.790.880.80.860.370.980.790.9-0.740.930.90.960.790.890.710.780.80.970.750.990.760.91.0
0.950.950.950.880.650.690.570.950.70.88-0.760.941.00.970.720.910.940.960.840.960.610.910.710.990.87
0.760.610.570.80.650.550.460.770.620.67-0.540.620.660.780.60.670.490.60.560.770.480.760.580.670.81
0.820.690.630.860.690.550.210.770.760.89-0.680.820.710.760.830.750.540.490.840.770.920.860.80.70.84
0.460.630.690.370.570.460.210.450.430.55-0.540.350.550.530.430.520.720.590.570.480.290.370.50.540.36
1.00.890.860.980.950.770.770.450.750.89-0.750.950.971.00.740.910.820.90.81.00.660.980.720.970.97
0.780.770.720.790.70.620.760.430.750.77-0.590.720.720.770.890.720.640.590.810.760.830.790.880.710.79
0.910.870.830.90.880.670.890.550.890.77-0.850.880.880.90.790.830.790.750.930.890.810.910.780.880.88
-0.76-0.76-0.74-0.74-0.76-0.54-0.68-0.54-0.75-0.59-0.85-0.75-0.76-0.76-0.49-0.71-0.7-0.68-0.82-0.76-0.62-0.75-0.47-0.76-0.72
0.960.890.880.930.940.620.820.350.950.720.88-0.750.940.940.720.950.820.840.820.950.710.940.690.930.92
0.970.940.930.91.00.660.710.550.970.720.88-0.760.940.980.730.890.930.960.840.970.620.930.721.00.89
0.990.910.890.960.970.780.760.531.00.770.9-0.760.940.980.760.920.850.920.831.00.660.970.750.980.96
0.780.80.740.790.720.60.830.430.740.890.79-0.490.720.730.760.730.670.590.870.750.910.790.990.720.78
0.920.90.910.890.910.670.750.520.910.720.83-0.710.950.890.920.730.840.810.790.910.680.880.720.880.89
0.820.950.980.710.940.490.540.720.820.640.79-0.70.820.930.850.670.840.930.830.840.540.740.680.920.69
0.880.90.910.780.960.60.490.590.90.590.75-0.680.840.960.920.590.810.930.720.910.420.820.580.970.78
0.840.920.880.80.840.560.840.570.80.810.93-0.820.820.840.830.870.790.830.720.820.890.820.860.830.78
1.00.910.880.970.960.770.770.481.00.760.89-0.760.950.971.00.750.910.840.910.820.660.980.730.980.97
0.710.730.650.750.610.480.920.290.660.830.81-0.620.710.620.660.910.680.540.420.890.660.750.880.610.73
0.990.850.80.990.910.760.860.370.980.790.91-0.750.940.930.970.790.880.740.820.820.980.750.760.930.99
0.760.790.750.760.710.580.80.50.720.880.78-0.470.690.720.750.990.720.680.580.860.730.880.760.710.75
0.970.940.930.90.990.670.70.540.970.710.88-0.760.931.00.980.720.880.920.970.830.980.610.930.710.89
0.980.820.771.00.870.810.840.360.970.790.88-0.720.920.890.960.780.890.690.780.780.970.730.990.750.89
Click cells to compare fundamentals

HealthEquity Account Relationship Matchups

HealthEquity fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.7B3.1B3.1B3.2B3.6B3.8B
Other Current Liab112.5M92.6M79.3M86.2M99.2M50.7M
Total Current Liabilities204.3M153.2M131.1M117.1M134.7M79.0M
Total Stockholder Equity1.4B1.9B1.9B2.0B2.3B2.5B
Other Liab133.1M128.5M114.0M95.4M109.7M115.2M
Accounts Payable1.6M27.5M13.9M12.0M13.8M14.5M
Cash328.8M225.4M254.3M404.0M464.6M487.8M
Other Assets37.4M49.8M52.2M1.01.151.09
Good Will1.3B1.3B1.6B1.6B1.9B2.0B
Common Stock Shares Outstanding75.7M83.1M84.4M87.0M100.0M68.4M
Other Current Assets58.6M38.5M31.8M48.6M55.8M58.6M
Total Liab1.3B1.3B1.2B1.1B1.3B1.4B
Intangible Assets767.0M973.1M936.4M835.9M961.3M1.0B
Property Plant Equipment33.5M118.6M87.0M69.3M79.7M83.7M
Property Plant And Equipment Net118.6M87.0M69.3M54.4M62.6M47.5M
Net Debt746.2M782.8M740.2M529.2M608.5M639.0M
Retained Earnings220.3M176.1M149.9M205.6M236.5M121.8M
Non Current Assets Total2.2B2.8B2.7B2.6B3.0B3.1B
Cash And Short Term Investments328.8M225.4M254.3M404.0M464.6M243.5M
Net Receivables72.8M87.4M96.8M104.9M120.6M126.7M
Liabilities And Stockholders Equity2.7B3.1B3.1B3.2B3.6B3.8B
Non Current Liabilities Total1.1B1.1B1.1B1.0B1.2B1.2B
Other Stockholder Equity1.2B1.7B1.7B1.8B2.1B2.2B
Property Plant And Equipment Gross118.6M87.0M69.3M95.4M109.7M115.2M
Total Current Assets460.2M351.3M382.9M557.4M641.1M673.1M
Net Tangible Assets(1.1B)(715.1M)(766.4M)(688.9M)(620.0M)(589.0M)
Non Currrent Assets Other37.4M49.8M52.2M67.9M78.0M82.0M
Long Term Debt924.2M922.1M907.8M875.0M1.0B588.0M
Non Current Liabilities Other8.8M14.2M12.7M19.3M22.2M21.1M
Net Invested Capital2.4B2.8B2.8B2.9B3.3B2.2B
Net Working Capital255.5M198.2M251.8M440.3M506.4M298.8M

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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.