GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HealthEquity Inc (FRA:2HE) » Definitions » Gross-Profit-to-Asset %

HealthEquity (FRA:2HE) Gross-Profit-to-Asset % : 23.53% (As of Apr. 2024)


View and export this data going back to 2014. Start your Free Trial

What is HealthEquity Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. HealthEquity's annualized Gross Profit for the quarter that ended in Apr. 2024 was €697.7 Mil. HealthEquity's average Total Assets over the quarter that ended in Apr. 2024 was €2,965.0 Mil. Therefore, HealthEquity's annualized Gross-Profit-to-Asset % for the quarter that ended in Apr. 2024 was 23.53%.


HealthEquity Gross-Profit-to-Asset % Historical Data

The historical data trend for HealthEquity's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HealthEquity Gross-Profit-to-Asset % Chart

HealthEquity Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.30 15.03 15.10 16.27 19.81

HealthEquity Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.23 19.70 21.05 20.83 23.53

Competitive Comparison of HealthEquity's Gross-Profit-to-Asset %

For the Health Information Services subindustry, HealthEquity's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HealthEquity's Gross-Profit-to-Asset % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthEquity's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where HealthEquity's Gross-Profit-to-Asset % falls into.



HealthEquity Gross-Profit-to-Asset % Calculation

HealthEquity's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=571.581/( (2866.499+2904.359)/ 2 )
=571.581/2885.429
=19.81 %

HealthEquity's annualized Gross-Profit-to-Asset % for the quarter that ended in Apr. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Apr. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Apr. 2024 ))/ count )
=697.652/( (2904.359+3025.723)/ 2 )
=697.652/2965.041
=23.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Apr. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


HealthEquity Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of HealthEquity's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


HealthEquity (FRA:2HE) Business Description

Traded in Other Exchanges
Address
15 West Scenic Pointe Drive, Suite 100, Draper, UT, USA, 84020
HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. Its technology allows customers to see their tax-advantaged healthcare savings, compare treatment options and pricing, pay healthcare bills, receive benefit information, and earn wellness incentives. The firm primarily partners with health plans and employers and serves as the custodian of its customers' health savings accounts (HSAs). HealthEquity also engages in reimbursement arrangements and offers healthcare incentives to its members. In addition, the company provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.

HealthEquity (FRA:2HE) Headlines

No Headlines