Is it safe?
Can HQY take a bad year?
HealthEquity, Inc. carries $677M of net debt at 1.61× EBITDA: a load its earnings can carry.
$677M
Net debt · as at Q1 2027 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.61×
Net debt / EBITDA · 2.71× a year ago · the load is coming down
- Altman Z-score
- 4.21
Altman Z-score · safe zone, above 3
- Interest cover
- 6.24×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2027
- $943M
- Cash and short-term investments
- $265M
- Net debt
- $677M
- EBITDA, trailing twelve months
- $420M
- Operating profit, trailing twelve months
- $342M
- Debt / equity
- 0.46×
- Total debt / EBITDA
- 2.24×
- Annualised volatilitytwo years of daily moves
- 39%
- Worst drawdown on file
- −61%
- Below its 52-week high
- −2.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Health Information Services
Ranks #10 of 14 by Smart Score