Growth Metrics

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

InnovAge Holding's Interest Coverage Ratio history spans 5 years, with the latest figure at 5.67 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 74.2%, and an annual FY2022 reading of 1.74, down 137.34% over the prior year.
  • Interest Coverage Ratio for Q1 2024 was 5.67 at InnovAge Holding, down from 1.91 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 21.32 in Q3 2021, with the low at 61.35 in Q4 2022.
  • Average Interest Coverage Ratio over 5 years is 10.59, with a median of 6.22 recorded in 2020.
  • Year-over-year, Interest Coverage Ratio skyrocketed 414.39% in 2021 and then plummeted 1500.16% in 2022.
  • Tracing INNV's Interest Coverage Ratio over 5 years: stood at 3.13 in 2020, then skyrocketed by 39.81% to 4.38 in 2021, then tumbled by 1500.16% to 61.35 in 2022, then soared by 96.89% to 1.91 in 2023, then crashed by 196.91% to 5.67 in 2024.
  • Per Business Quant, the three most recent readings for INNV's Interest Coverage Ratio are 5.67 (Q1 2024), 1.91 (Q4 2023), and 16.21 (Q3 2023).