HealthEquity Inc (HQY) — Cash Flow Quality Index
HealthEquity Inc (HQY) has a Cash Flow Quality Index of 2.37x as of January 2026. Operating cash flow of $117.92 Million exceeds net income of $49.74 Million, indicating high earnings quality where cash backs reported profits. Explore how well can HealthEquity Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
HealthEquity Inc Cash Flow Quality Index (2013–2026)
Historical Cash Flow Quality Index for HealthEquity Inc across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does HealthEquity Inc generate cash.
Annual Cash Flow Quality Index for HealthEquity Inc (2013–2026)
Year-by-year earnings quality comparison for HealthEquity Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 2.12x | $457.09 Million | $215.20 Million | ▼ -39.6% |
| 2025 | 3.51x | $339.86 Million | $96.70 Million | ▼ -19.4% |
| 2024 | 4.36x | $242.83 Million | $55.71 Million | ▼ -78.8% |
| 2021 | 20.56x | $181.62 Million | $8.83 Million | ▲ +670.3% |
| 2020 | 2.67x | $105.86 Million | $39.66 Million | ▲ +73.9% |
| 2019 | 1.53x | $113.42 Million | $73.90 Million | ▼ -11.0% |
| 2018 | 1.73x | $81.70 Million | $47.36 Million | ▼ -0.2% |
| 2017 | 1.73x | $45.59 Million | $26.38 Million | ▲ +8.2% |
| 2016 | 1.60x | $26.54 Million | $16.61 Million | ▲ +7.9% |
| 2015 | 1.48x | $15.05 Million | $10.17 Million | ▼ -89.9% |
| 2014 | 14.61x | $18.02 Million | $1.23 Million | ▲ +1286.5% |
| 2013 | 1.05x | $11.77 Million | $11.17 Million | — |