HealthEquity Fixed Asset Turnover from 2010 to 2024

HQY Stock  USD 94.95  0.19  0.20%   
HealthEquity Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, HealthEquity Fixed Asset Turnover regression line of annual values had r-squared of  0.55 and arithmetic mean of  26.60. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
18.37712573
Current Value
26.68
Quarterly Volatility
13.06620879
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HealthEquity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HealthEquity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 160.7 M, Interest Expense of 58.2 M or Selling General Administrative of 108.8 M, as well as many indicators such as Price To Sales Ratio of 6.57, Dividend Yield of 0.0735 or PTB Ratio of 5.64. HealthEquity financial statements analysis is a perfect complement when working with HealthEquity Valuation or Volatility modules.
  
Check out the analysis of HealthEquity Correlation against competitors.
For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.

Latest HealthEquity's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of HealthEquity over the last few years. It is HealthEquity's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HealthEquity's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

HealthEquity Fixed Asset Turnover Regression Statistics

Arithmetic Mean26.60
Geometric Mean21.99
Coefficient Of Variation49.13
Mean Deviation11.03
Median31.13
Standard Deviation13.07
Sample Variance170.73
Range36.0819
R-Value(0.74)
Mean Square Error82.10
R-Squared0.55
Significance0
Slope(2.17)
Total Sum of Squares2,390

HealthEquity Fixed Asset Turnover History

2024 26.68
2023 18.38
2022 12.43
2021 8.7
2020 6.18
2019 4.56
2018 34.93

About HealthEquity Financial Statements

HealthEquity investors use historical fundamental indicators, such as HealthEquity's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in HealthEquity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 18.38  26.68 

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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.