InnovAge Minority Interest from 2010 to 2024

INNV Stock  USD 4.89  0.26  5.62%   
InnovAge Holding Minority Interest yearly trend continues to be fairly stable with very little volatility. Minority Interest is likely to outpace its year average in 2024. During the period from 2010 to 2024, InnovAge Holding Minority Interest regression line of quarterly data had mean square error of 2.1 T and geometric mean of  4,946,867. View All Fundamentals
 
Minority Interest  
First Reported
2010-12-31
Previous Quarter
1.9 M
Current Value
3.1 M
Quarterly Volatility
2.4 M
 
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 Minority Interest Growth Pattern

Below is the plot of the Minority Interest of InnovAge Holding Corp over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of InnovAge Holding Corp whose combined shares represent less than 50% of the total outstanding shares issued by InnovAge Holding have a minority interest in InnovAge Holding. It is InnovAge Holding's Minority Interest 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.
Minority Interest10 Years Trend
Slightly volatile
   Minority Interest   
       Timeline  

InnovAge Minority Interest Regression Statistics

Arithmetic Mean5,610,556
Geometric Mean4,946,867
Coefficient Of Variation42.03
Mean Deviation2,114,859
Median7,248,000
Standard Deviation2,358,087
Sample Variance5.6T
Range5.8M
R-Value(0.81)
Mean Square Error2.1T
R-Squared0.65
Significance0.0003
Slope(424,945)
Total Sum of Squares77.8T

InnovAge Minority Interest History

20243.1 M
20231.9 M
20222.9 M
20212.9 M
20201.4 M
20196.7 M

About InnovAge Holding Financial Statements

InnovAge Holding investors use historical fundamental indicators, such as InnovAge Holding's Minority Interest, 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
Minority Interest1.9 M3.1 M

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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.