Growth Metrics

InnovAge Holding (INNV) Interest Coverage Ratio (2020 - 2024)

InnovAge Holding (INNV) has disclosed Interest Coverage Ratio for 5 consecutive years, with 5.67 as the latest value for Q1 2024.

  • For the quarter ending Q1 2024, Interest Coverage Ratio rose 71.9% year-over-year to 5.67, compared with a TTM value of 27.52 through Dec 2024, down 99.11%, and an annual FY2022 reading of 1.74, down 137.34% over the prior year.
  • Interest Coverage Ratio was 5.67 for Q1 2024 at InnovAge Holding, down from 1.46 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 21.32 in Q3 2021 and bottomed at 61.35 in Q4 2022.
  • Average Interest Coverage Ratio over 5 years is 8.47, with a median of 6.22 recorded in 2020.
  • The sharpest move saw Interest Coverage Ratio soared 414.39% in 2021, then plummeted 1500.26% in 2022.
  • Year by year, Interest Coverage Ratio stood at 5.62 in 2020, then dropped by 22.04% to 4.38 in 2021, then tumbled by 1500.26% to 61.35 in 2022, then skyrocketed by 97.62% to 1.46 in 2023, then crashed by 287.73% to 5.67 in 2024.
  • Business Quant data shows Interest Coverage Ratio for INNV at 5.67 in Q1 2024, 1.46 in Q4 2023, and 16.21 in Q3 2023.