Company / Interest Expense
HealthEquity Interest Expense History
FY2017-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$55.5M
FY2023
5-year range
$24.8M / $55.5M
FY2019-FY2023
Trend
+123.9%
vs FY2022
Sector context
#26 of 43
Health Care
What the data says
At $55M, HealthEquity's interest expense ranks #18 of 43 in the Health Care sector. Interest Expense has fluctuated over the past 7 years, ranging from $270,000 in FY2021 to $55M in FY2023.
Based on SEC 10-K filings.
$55M in FY2023 with a 5-year CAGR of +190.1%.
Increased from $270,000 to $55M over the past 2 years.
Health Care sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +16.7%
- 5-Year CAGR
- +190.1%
- 10-Year CAGR
- -
Sector benchmark
#18 of 43 in Health CareTop 40% of 43This company $55.5M Sector average $324.8M
▼
-82.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +190.1%, indicating consistent growth.
- In FY2023, interest expense increased 123.9% year-over-year.
- Ranks #26 out of 43 companies in the Health Care sector.
- Lowest interest expense in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 1.18 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $55.5M | +123.9% |
| FY2022 | $24.8M | +9074.8% |
| FY2021 | $270.0K | -99.2% |
| FY2020 | $34.9M | +40.8% |
| FY2019 | $24.8M | +9074.8% |
| FY2018 | $270.0K | -1.5% |
| FY2017 | $274.0K | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026