HealthEquity Inc

NASDAQ HQY

Data sourced from iex and EODHD
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HealthEquity Inc Return on Tangible Equity (ROTE) 5 year CAGR for the Trailing 12 Months (TTM) ending January 31, 2024

HealthEquity Inc Return on Tangible Equity (ROTE) 5 year CAGR is NA for the Trailing 12 Months (TTM) ending January 31, 2024. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • HealthEquity Inc Return on Tangible Equity (ROTE) for the Trailing 12 Months (TTM) ending January 31, 2023 was 0.84%, a -59.16% change year over year.
  • HealthEquity Inc Return on Tangible Equity (ROTE) for the Trailing 12 Months (TTM) ending January 31, 2022 was 2.05%, a 817.01% change year over year.
  • HealthEquity Inc Return on Tangible Equity (ROTE) for the Trailing 12 Months (TTM) ending January 31, 2021 was -0.29%, a -108.48% change year over year.
  • HealthEquity Inc Return on Tangible Equity (ROTE) for the Trailing 12 Months (TTM) ending January 31, 2020 was 3.37%, a -36.94% change year over year.
NASDAQ: HQY

HealthEquity Inc

CEO Mr. Jon Kessler
IPO Date July 31, 2014
Location United States
Headquarters 15 West Scenic Pointe Drive, Draper, UT, United States, 84020
Employees 3,126
Sector Healthcare
Industry Health information services
Description

HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. The company offers cloud-based platforms for individuals to make health saving and spending decisions, pay healthcare bills, receive personalized benefit information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts. It also provides investment platform; and online-only automated investment advisory services through Advisor, a Web-based tool. In addition, the company offers flexible spending accounts; health reimbursement arrangements; and Consolidated Omnibus Budget Reconciliation Act continuation services, as well as administers pre-tax commuter benefit programs. It serves clients through a direct sales force; benefits brokers and advisors; and a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. HealthEquity, Inc. was incorporated in 2002 and is based in Draper, Utah.

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StockViz Staff

September 20, 2024

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