InnovAge Good Will from 2010 to 2024

INNV Stock  USD 4.80  0.03  0.63%   
InnovAge Holding Good Will yearly trend continues to be fairly stable with very little volatility. Good Will will likely drop to about 82.4 M in 2024. Good Will is an intangible asset that arises when InnovAge Holding Corp acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2016-12-31
Previous Quarter
139.9 M
Current Value
139.9 M
Quarterly Volatility
62.2 M
 
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 Good Will Growth Pattern

Below is the plot of the Good Will of InnovAge Holding Corp over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. InnovAge Holding's Good Will 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.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

InnovAge Good Will Regression Statistics

Arithmetic Mean55,532,375
Geometric Mean6,647,188
Coefficient Of Variation111.47
Mean Deviation58,621,114
Median952,576
Standard Deviation61,902,494
Sample Variance3831.9T
Range139.5M
R-Value0.84
Mean Square Error1236.1T
R-Squared0.70
Significance0.0001
Slope11,584,671
Total Sum of Squares53646.9T

InnovAge Good Will History

202482.4 M
2023139.9 M
2020124.2 M
2019116.1 M
2018117.3 M
2016952.6 K
2015549.4 K

About InnovAge Holding Financial Statements

InnovAge Holding investors use historical fundamental indicators, such as InnovAge Holding's Good Will, 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
Good Will139.9 M82.4 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.