InnovAge Debt Equity Ratio from 2010 to 2024

INNV Stock  USD 4.87  0.07  1.46%   
InnovAge Holding Debt Equity Ratio yearly trend continues to be fairly stable with very little volatility. Debt Equity Ratio will likely drop to 0.26 in 2024. During the period from 2010 to 2024, InnovAge Holding Debt Equity Ratio regression line of quarterly data had mean square error of  0.38 and geometric mean of  1.16. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.27488942
Current Value
0.26
Quarterly Volatility
1.10336927
 
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 Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of InnovAge Holding Corp over the last few years. It is InnovAge Holding's Debt Equity Ratio 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.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

InnovAge Debt Equity Ratio Regression Statistics

Arithmetic Mean1.75
Geometric Mean1.16
Coefficient Of Variation63.05
Mean Deviation1.00
Median2.54
Standard Deviation1.10
Sample Variance1.22
Range2.3173
R-Value(0.84)
Mean Square Error0.38
R-Squared0.71
Significance0.000085
Slope(0.21)
Total Sum of Squares17.04

InnovAge Debt Equity Ratio History

2023 0.27
2022 0.26
2020 0.23
2019 2.1

About InnovAge Holding Financial Statements

InnovAge Holding investors use historical fundamental indicators, such as InnovAge Holding's Debt Equity Ratio, 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
Debt Equity Ratio 0.27  0.26 

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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.