InnovAge Holding (INNV) Debt Ratio (2020 - 2026)
InnovAge Holding's (INNV) Debt Ratio came in at 0.09 for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 23.9% from 0.11 a year earlier and down 18.6% from the prior quarter.
InnovAge Holding (INNV) Debt Ratio (2020 - 2026) Analysis & Trends
Since fiscal Q4 2020, InnovAge Holding has reported Debt Ratio for 23 quarters.
- Annual Debt Ratio has declined for six consecutive fiscal years.
- In prior fiscal years, InnovAge Holding's Debt Ratio was 0.11 in FY2025 (-4.9%), 0.12 in FY2024 (-1.5%), 0.12 in FY2023 (-6.6%) and 0.13 in FY2022 (-8.6%).
- The fiscal Q4 2026 figure stands as the lowest quarterly Debt Ratio in data going back to fiscal Q4 2020.
- On a year-over-year basis, Debt Ratio has declined in each of the last nine quarters, with an average decline of 7.9% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was fiscal Q3 2024, with growth of 2.7%; the weakest was fiscal Q4 2026, with a decline of 23.9%.
- According to Business Quant data, Debt Ratio for the three prior fiscal quarters was 0.11 (Q3 2026), 0.11 (Q2 2026) and 0.12 (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 0.79 |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 0.03 |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 0.33 |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 0.32 |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 0.43 |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 0.35 |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 0.37 |
| 10 | InnovAge Holding | 1.20 Bn | 711.70 Mn | 178.30 Mn | 0.09 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.09 |
| Mar 31, 2026 | 0.11 |
| Dec 31, 2025 | 0.11 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.11 |
| Mar 31, 2025 | 0.12 |
| Dec 31, 2024 | 0.12 |
| Sep 30, 2024 | 0.12 |
| Jun 30, 2024 | 0.12 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.12 |
| Jun 30, 2023 | 0.12 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.13 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.13 |
| Dec 31, 2021 | 0.13 |
| Sep 30, 2021 | 0.14 |
InnovAge Holding Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=INNV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "INNV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=INNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();