HealthEquity Stock Based Compensation vs Free Cash Flow Analysis

HQY Stock

USD 97.36 1.97 2.07%

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 Free Cash Flow 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 Free Cash Flow

Stock Based Compensation vs Free Cash Flow 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 Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between HealthEquity's Stock Based Compensation and Free Cash Flow is 0.76. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Free Cash Flow 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 Free Cash Flow 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 Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Stock Based Compensation i.e., HealthEquity's Stock Based Compensation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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 20.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	423.7M	490.1M	622.6M	653.8M
Total Revenue	756.6M	861.7M	999.6M	1.0B

Gross Profit Total Revenue

HealthEquity fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Good Will	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.92	0.89	0.98	0.97	0.68	0.69	0.62	0.99	0.76	0.91	-0.76	0.95	0.91	0.94	0.76	0.92	0.85	0.85	0.84	1.0	0.67	0.95	0.76	0.92	0.97
Other Current Liab	0.92		0.99	0.84	0.96	0.58	0.72	0.75	0.88	0.74	0.86	-0.75	0.91	0.98	0.96	0.77	0.89	0.97	0.91	0.91	0.92	0.68	0.93	0.77	0.98	0.82
Total Current Liabilities	0.89	0.99		0.81	0.94	0.55	0.66	0.78	0.85	0.7	0.82	-0.72	0.9	0.97	0.94	0.72	0.9	0.98	0.92	0.87	0.9	0.62	0.9	0.72	0.96	0.79
Total Stockholder Equity	0.98	0.84	0.81		0.9	0.72	0.72	0.54	0.98	0.77	0.9	-0.73	0.91	0.82	0.89	0.77	0.91	0.74	0.73	0.8	0.97	0.71	0.93	0.76	0.83	1.0
Other Liab	0.97	0.96	0.94	0.9		0.57	0.62	0.63	0.95	0.68	0.87	-0.74	0.96	0.96	0.93	0.7	0.9	0.94	0.92	0.84	0.97	0.59	0.9	0.7	0.96	0.88
Accounts Payable	0.68	0.58	0.55	0.72	0.57		0.43	0.61	0.66	0.59	0.57	-0.48	0.5	0.59	0.74	0.55	0.59	0.48	0.55	0.51	0.69	0.4	0.72	0.56	0.6	0.73
Cash	0.69	0.72	0.66	0.72	0.62	0.43		0.49	0.64	0.77	0.84	-0.65	0.68	0.61	0.65	0.87	0.69	0.58	0.41	0.9	0.64	0.99	0.76	0.87	0.6	0.7
Other Assets	0.62	0.75	0.78	0.54	0.63	0.61	0.49		0.53	0.58	0.62	-0.6	0.51	0.75	0.77	0.57	0.58	0.77	0.71	0.69	0.63	0.44	0.69	0.57	0.74	0.53
Good Will	0.99	0.88	0.85	0.98	0.95	0.66	0.64	0.53		0.72	0.88	-0.74	0.94	0.88	0.91	0.71	0.91	0.81	0.83	0.78	0.99	0.61	0.92	0.7	0.89	0.97
Common Stock Shares Outstanding	0.76	0.74	0.7	0.77	0.68	0.59	0.77	0.58	0.72		0.75	-0.56	0.68	0.7	0.76	0.87	0.7	0.64	0.57	0.78	0.73	0.78	0.81	0.87	0.69	0.76
Short Term Investments	0.91	0.86	0.82	0.9	0.87	0.57	0.84	0.62	0.88	0.75		-0.84	0.87	0.81	0.83	0.78	0.83	0.78	0.69	0.93	0.88	0.82	0.87	0.77	0.81	0.88
Inventory	-0.76	-0.75	-0.72	-0.73	-0.74	-0.48	-0.65	-0.6	-0.74	-0.56	-0.84		-0.74	-0.72	-0.72	-0.44	-0.7	-0.69	-0.63	-0.81	-0.75	-0.6	-0.73	-0.44	-0.72	-0.72
Other Current Assets	0.95	0.91	0.9	0.91	0.96	0.5	0.68	0.51	0.94	0.68	0.87	-0.74		0.87	0.86	0.69	0.97	0.86	0.8	0.81	0.94	0.66	0.87	0.68	0.87	0.9
Total Liab	0.91	0.98	0.97	0.82	0.96	0.59	0.61	0.75	0.88	0.7	0.81	-0.72	0.87		0.97	0.71	0.84	0.97	0.97	0.85	0.93	0.57	0.93	0.71	1.0	0.81
Intangible Assets	0.94	0.96	0.94	0.89	0.93	0.74	0.65	0.77	0.91	0.76	0.83	-0.72	0.86	0.97		0.75	0.87	0.91	0.92	0.84	0.95	0.61	0.98	0.75	0.97	0.88
Common Stock	0.76	0.77	0.72	0.77	0.7	0.55	0.87	0.57	0.71	0.87	0.78	-0.44	0.69	0.71	0.75		0.71	0.67	0.56	0.84	0.73	0.89	0.82	1.0	0.7	0.76
Property Plant Equipment	0.92	0.89	0.9	0.91	0.9	0.59	0.69	0.58	0.91	0.7	0.83	-0.7	0.97	0.84	0.87	0.71		0.83	0.75	0.78	0.91	0.66	0.86	0.7	0.83	0.9
Property Plant And Equipment Net	0.85	0.97	0.98	0.74	0.94	0.48	0.58	0.77	0.81	0.64	0.78	-0.69	0.86	0.97	0.91	0.67	0.83		0.94	0.84	0.86	0.54	0.84	0.67	0.96	0.72
Net Debt	0.85	0.91	0.92	0.73	0.92	0.55	0.41	0.71	0.83	0.57	0.69	-0.63	0.8	0.97	0.92	0.56	0.75	0.94		0.7	0.88	0.36	0.84	0.56	0.97	0.72
Retained Earnings	0.84	0.91	0.87	0.8	0.84	0.51	0.9	0.69	0.78	0.78	0.93	-0.81	0.81	0.85	0.84	0.84	0.78	0.84	0.7		0.81	0.88	0.87	0.84	0.84	0.77
Non Current Assets Total	1.0	0.92	0.9	0.97	0.97	0.69	0.64	0.63	0.99	0.73	0.88	-0.75	0.94	0.93	0.95	0.73	0.91	0.86	0.88	0.81		0.61	0.94	0.72	0.93	0.96
Cash And Short Term Investments	0.67	0.68	0.62	0.71	0.59	0.4	0.99	0.44	0.61	0.78	0.82	-0.6	0.66	0.57	0.61	0.89	0.66	0.54	0.36	0.88	0.61		0.73	0.89	0.56	0.68
Net Receivables	0.95	0.93	0.9	0.93	0.9	0.72	0.76	0.69	0.92	0.81	0.87	-0.73	0.87	0.93	0.98	0.82	0.86	0.84	0.84	0.87	0.94	0.73		0.82	0.93	0.92
Common Stock Total Equity	0.76	0.77	0.72	0.76	0.7	0.56	0.87	0.57	0.7	0.87	0.77	-0.44	0.68	0.71	0.75	1.0	0.7	0.67	0.56	0.84	0.72	0.89	0.82		0.7	0.75
Non Current Liabilities Total	0.92	0.98	0.96	0.83	0.96	0.6	0.6	0.74	0.89	0.69	0.81	-0.72	0.87	1.0	0.97	0.7	0.83	0.96	0.97	0.84	0.93	0.56	0.93	0.7		0.81
Other Stockholder Equity	0.97	0.82	0.79	1.0	0.88	0.73	0.7	0.53	0.97	0.76	0.88	-0.72	0.9	0.81	0.88	0.76	0.9	0.72	0.72	0.77	0.96	0.68	0.92	0.75	0.81

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HealthEquity Account Relationship Matchups

HealthEquity fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.7B	3.1B	3.1B	3.2B	3.3B
Other Current Liab	96.7M	112.5M	92.6M	79.3M	86.2M	50.7M
Total Current Liabilities	152.1M	204.3M	153.2M	131.1M	117.1M	79.0M
Total Stockholder Equity	1.0B	1.4B	1.9B	1.9B	2.0B	2.1B
Other Liab	133.1M	128.5M	114.0M	95.4M	109.7M	115.2M
Accounts Payable	4.0M	1.6M	27.5M	13.9M	12.0M	6.9M
Cash	191.7M	328.8M	225.4M	254.3M	404.0M	212.6M
Other Assets	35.1M	37.4M	49.8M	52.2M	1.0	0.95
Good Will	1.3B	1.3B	1.6B	1.6B	1.9B	2.0B
Common Stock Shares Outstanding	68.5M	75.7M	83.1M	84.4M	87.0M	68.4M
Other Current Assets	33.8M	58.6M	38.5M	31.8M	48.6M	51.0M
Total Liab	1.5B	1.3B	1.3B	1.2B	1.1B	603.1M
Intangible Assets	783.3M	767.0M	973.1M	936.4M	835.9M	428.2M
Property Plant Equipment	33.5M	118.6M	87.0M	69.3M	79.7M	83.7M
Property Plant And Equipment Net	116.7M	118.6M	87.0M	69.3M	54.4M	47.5M
Net Debt	1.1B	746.2M	782.8M	740.2M	529.2M	299.8M
Retained Earnings	211.5M	220.3M	176.1M	149.9M	205.6M	121.8M
Non Current Assets Total	2.3B	2.2B	2.8B	2.7B	2.6B	2.7B
Cash And Short Term Investments	191.7M	328.8M	225.4M	254.3M	404.0M	243.5M
Net Receivables	70.5M	72.8M	87.4M	96.8M	104.9M	52.6M
Liabilities And Stockholders Equity	2.6B	2.7B	3.1B	3.1B	3.2B	1.6B
Non Current Liabilities Total	1.4B	1.1B	1.1B	1.1B	1.0B	571.4M
Other Stockholder Equity	818.8M	1.2B	1.7B	1.7B	1.8B	1.9B
Property Plant And Equipment Gross	116.7M	118.6M	87.0M	69.3M	95.4M	51.6M
Total Current Assets	296.0M	460.2M	351.3M	382.9M	557.4M	320.0M
Net Tangible Assets	(1.1B)	(715.1M)	(766.4M)	(688.9M)	(620.0M)	(589.0M)
Non Currrent Assets Other	35.1M	37.4M	49.8M	52.2M	67.9M	71.3M
Retained Earnings Total Equity	85.3M	171.9M	211.5M	220.3M	253.4M	266.1M
Capital Surpluse	261.2M	305.2M	818.8M	1.2B	1.3B	1.4B
Non Current Liabilities Other	1.4B	8.8M	14.2M	12.7M	19.3M	18.3M
Net Invested Capital	2.3B	2.4B	2.8B	2.8B	2.9B	2.2B
Net Working Capital	145.4M	255.5M	198.2M	251.8M	440.3M	298.8M

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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.

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HealthEquity Stock Based Compensation vs Free Cash Flow Analysis

Stock Based Compensation vs Free Cash Flow

Stock Based Compensation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Free Cash Flow

HealthEquity fundamental ratios Correlations

HealthEquity Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HealthEquity fundamental ratios Accounts

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Additional Tools for HealthEquity Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 1.0	Total Liab
Common Stock Total Equity	+ 1.0	Common Stock
Good Will	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab

Inventory	- 0.84	Short Term Investments
Retained Earnings	- 0.81	Inventory
Inventory	- 0.76	Total Assets
Non Current Assets Total	- 0.75	Inventory
Inventory	- 0.75	Other Current Liab
Other Current Assets	- 0.74	Inventory