HealthEquity Inc (HQY) — Tangible Net Worth Ratio

Latest as of January 2026: 47.9%

HealthEquity Inc (HQY) has a Tangible Net Worth Ratio of 47.9% as of January 2026. This metric is calculated by deducting intangible assets ($1.10 Billion) from net assets ($2.11 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See HealthEquity Inc book value and equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

47.9%
Tangible equity / total equity

Net Assets (Equity)

$2.11 Billion
USD

Intangible Assets

$1.10 Billion
Goodwill, patents, brand value

Total Assets

$3.43 Billion
USD

HealthEquity Inc Tangible Net Worth Ratio (2013–2026)

This chart shows how HealthEquity Inc's Tangible Net Worth Ratio has changed across 14 annual periods from 2013 to 2026. As of January 2026, the ratio stands at 47.9%, reflecting net assets of $2.11 Billion with intangible assets of $1.10 Billion USD. Also explore HQY net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for HealthEquity Inc (2013–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for HealthEquity Inc from 2013 to 2026, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see HealthEquity Inc market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2026 47.9% $2.11 Billion $1.10 Billion $3.43 Billion ▲ +4.9 pp
2025 43.0% $2.11 Billion $1.20 Billion $3.45 Billion ▼ -15.9 pp
2024 58.9% $2.04 Billion $835.95 Million $3.16 Billion ▲ +8.3 pp
2023 50.6% $1.90 Billion $936.36 Million $3.09 Billion ▲ +3.1 pp
2022 47.5% $1.85 Billion $973.14 Million $3.11 Billion ▲ +3.1 pp
2021 44.4% $1.38 Billion $767.00 Million $2.71 Billion ▲ +20.4 pp
2020 24.0% $1.03 Billion $783.28 Million $2.56 Billion ▼ -59.3 pp
2019 83.3% $477.08 Million $79.67 Million $510.02 Million ▲ +7.5 pp
2018 75.8% $346.27 Million $83.64 Million $369.16 Million ▲ +0.7 pp
2017 75.2% $261.94 Million $65.02 Million $279.14 Million ▲ +8.0 pp
2016 67.1% $203.46 Million $66.84 Million $219.79 Million ▼ -14.4 pp
2015 81.6% $144.09 Million $26.54 Million $158.77 Million ▲ +54.2 pp
2014 27.4% $34.01 Million $24.69 Million $55.09 Million ▼ -8.4 pp
2013 35.8% $38.00 Million $24.38 Million $46.30 Million
pp = percentage points