Healthequity (HQY) Debt Ratio (2019 - 2026)

Healthequity's Debt Ratio history runs 8 years deep, the most recent figure standing at 0.29 for Q2 2026.

• In Q2 2026, Debt Ratio fell 7.81% year-over-year to 0.29; the TTM figure through Apr 2026 stood at 0.29 (down 7.81% YoY), while the FY2026 annual figure was 0.28, down 7.54% from the prior year.
• Debt Ratio was 0.29 for Q2 2026 at Healthequity, up from 0.28 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.31 in Q3 2024 to a low of 0.28 in Q1 2024.
• Historically, Debt Ratio has averaged 0.3 across 5 years, with a median of 0.3 in 2023.
• The sharpest annual moves came in 2022 and 2025: Debt Ratio fell 17.71% in 2022, then climbed 10.76% in 2025.
• A 5-year view of Debt Ratio shows it stood at 0.3 in 2022, then declined by 6.54% to 0.28 in 2023, then increased by 9.65% to 0.31 in 2024, then retreated by 6.74% to 0.29 in 2025, then slipped by 1.35% to 0.29 in 2026.
• The last three Debt Ratio figures came in at 0.29 (Q2 2026), 0.28 (Q1 2026), and 0.29 (Q4 2025), per Business Quant data.