Below are the financial statements of Healthequity, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in thousands of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 403,979a | 254,266a |
Accounts receivable, net of allowance for doubtful accounts | 104,893a | 96,835a |
Other current assets | 48,564a | 31,792a |
Total current assets | 557,436a | 382,893a |
Assets | — | — |
Property and equipment, net | 6,013a | 12,862a |
Operating lease right-of-use assets | 48,380a | 56,461a |
Intangible assets, net | 835,948a | 936,359a |
Goodwill | 1,648,145a | 1,648,145a |
Other assets | 67,868a | 52,180a |
Total assets | 3,163,790a | 3,088,900a |
Current liabilities | — | — |
Accounts payable | 12,041a | 13,899a |
Accrued compensation | 49,608a | 45,835a |
Accrued liabilities | 46,038a | 43,668a |
Current portion of long-term debt | 0a | 17,500a |
Operating lease liabilities | 9,404a | 10,159a |
Total current liabilities | 117,091a | 131,061a |
Long-term liabilities | — | — |
Long-term debt, net of issuance costs | 874,972a | 907,838a |
Operating lease liabilities, non-current | 48,766a | 58,988a |
Other long-term liabilities | 19,270a | 12,708a |
Deferred tax liability | 68,670a | 82,665a |
Total long-term liabilities | 1,011,678a | 1,062,199a |
Liabilities and stockholders’ equity | — | — |
Total liabilities | 1,128,769a | 1,193,260a |
Stockholders’ equity | — | — |
Preferred stock | 0a | 0a |
Common stock | 9a | 8a |
Additional paid-in capital | 1,829,384a | 1,745,716a |
Accumulated earnings | 205,628a | 149,916a |
Total stockholders’ equity | 2,035,021a | 1,895,640a |
Total liabilities and stockholders’ equity | 3,163,790a | 3,088,900a |
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