InnovAge Income Quality from 2010 to 2024

INNV Stock  USD 4.87  0.07  1.46%   
InnovAge Holding Income Quality yearly trend continues to be fairly stable with very little volatility. Income Quality is likely to outpace its year average in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
1.58899272
Current Value
1.67
Quarterly Volatility
1.32948505
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check InnovAge Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InnovAge Holding's main balance sheet or income statement drivers, such as Interest Expense of 5.4 M, Selling General Administrative of 65.7 M or Total Revenue of 422 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0036 or PTB Ratio of 2.42. InnovAge financial statements analysis is a perfect complement when working with InnovAge Holding Valuation or Volatility modules.
  
Check out the analysis of InnovAge Holding Correlation against competitors.

Latest InnovAge Holding's Income Quality Growth Pattern

Below is the plot of the Income Quality of InnovAge Holding Corp over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. InnovAge Holding's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in InnovAge Holding's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Slightly volatile
   Income Quality   
       Timeline  

InnovAge Income Quality Regression Statistics

Arithmetic Mean0.90
Geometric Mean1.22
Coefficient Of Variation148.16
Mean Deviation0.86
Median1.36
Standard Deviation1.33
Sample Variance1.77
Range5.131
R-Value(0.33)
Mean Square Error1.69
R-Squared0.11
Significance0.23
Slope(0.1)
Total Sum of Squares24.75

InnovAge Income Quality History

2024 1.67
2023 1.59
2022 -0.46
2021 -3.43
2020 0.17
2019 1.7

About InnovAge Holding Financial Statements

InnovAge Holding investors use historical fundamental indicators, such as InnovAge Holding's Income Quality, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in InnovAge Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality 1.59  1.67 

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Additional Tools for InnovAge Stock Analysis

When running InnovAge Holding's price analysis, check to measure InnovAge Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InnovAge Holding is operating at the current time. Most of InnovAge Holding's value examination focuses on studying past and present price action to predict the probability of InnovAge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnovAge Holding's price. Additionally, you may evaluate how the addition of InnovAge Holding to your portfolios can decrease your overall portfolio volatility.