HealthEquity Return On Assets from 2010 to 2024

HQY Stock  USD 94.95  0.19  0.20%   
HealthEquity Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to 0.02 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit HealthEquity earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.01760926
Current Value
0.0167
Quarterly Volatility
0.0935515
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of HealthEquity over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. HealthEquity's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

HealthEquity Return On Assets Regression Statistics

Arithmetic Mean0.09
Geometric Mean0.04
Coefficient Of Variation109.32
Mean Deviation0.08
Median0.06
Standard Deviation0.09
Sample Variance0.01
Range0.2555
R-Value(0.78)
Mean Square Error0
R-Squared0.61
Significance0.0006
Slope(0.02)
Total Sum of Squares0.12

HealthEquity Return On Assets History

2024 0.0167
2023 0.0176
2022 -0.008464
2021 -0.0143
2020 0.00326
2019 0.0155
2018 0.14

About HealthEquity Financial Statements

HealthEquity investors use historical fundamental indicators, such as HealthEquity's Return On Assets, 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
Return On Assets 0.02  0.02 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.