InnovAge Holding (INNV) Interest Expenses (2020 - 2024)
InnovAge Holding posted quarterly Interest Expenses of $1.0 million for Q1 2024, up 152.35% year-on-year from $405000.0 in Q2 2023, and up 9.3% on a QoQ basis from $935000.0 in Q4 2023.
InnovAge Holding (INNV) has 5 years of Interest Expenses data on file, last reported at $1.0 million in Q1 2024.
- For the quarter ending Q1 2024, Interest Expenses rose 152.35% year-over-year to $1.0 million; the trailing twelve-month figure through Dec 2024 stood at $1.0 million (down 48.93% YoY), and the FY2022 full-year result was $2.5 million, down 84.95% from the prior year.
- Interest Expenses for Q1 2024 stood at $1.0 million, up from $935000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $6.6 million in Q4 2020 and bottomed at -$274000.0 in Q2 2021.
- The 5-year median for Interest Expenses is $691500.0 (2021), against an average of $1.8 million.
- The widest annual swing landed in 2021, when Interest Expenses plunged 108.22%; it then surged 319.28% in 2023.
- A 5-year view of Interest Expenses shows it stood at $6.6 million in 2020, then slumped by 89.72% to $674000.0 in 2021, then plunged by 66.91% to $223000.0 in 2022, then surged by 319.28% to $935000.0 in 2023, then increased by 9.3% to $1.0 million in 2024.
- The last three Interest Expenses figures came in at $1.0 million (Q1 2024), $935000.0 (Q4 2023), and $661000.0 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 584.00 Mn |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 205.00 Mn |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 145.13 Mn |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 31.80 Mn |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 1.93 Mn |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 37.13 Mn |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 115.95 Mn |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 512,000.00 |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 6.42 Mn |
| 10 | InnovAge Holding | 1.03 Bn | 938.20 Mn | 243.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.02 Mn |
| Mar 31, 2024 | 1.02 Mn |
| Dec 31, 2023 | 935,000.00 |
| Dec 31, 2023 | 935,000.00 |
| Sep 30, 2023 | 661,000.00 |
| Sep 30, 2023 | 661,000.00 |
| Mar 31, 2023 | 405,000.00 |
| Mar 31, 2023 | 405,000.00 |
| Dec 31, 2022 | 223,000.00 |
| Dec 31, 2022 | 223,000.00 |
| Sep 30, 2022 | 603,000.00 |
| Sep 30, 2022 | 603,000.00 |
| Jun 30, 2022 | 596,000.00 |
| Jun 30, 2022 | 596,000.00 |
| Mar 31, 2022 | 709,000.00 |
| Mar 31, 2022 | 709,000.00 |
| Dec 31, 2021 | 674,000.00 |
| Dec 31, 2021 | 674,000.00 |
| Sep 30, 2021 | 547,000.00 |
| Sep 30, 2021 | 547,000.00 |
| Jun 30, 2021 | -274,000.00 |
| Jun 30, 2021 | -274,000.00 |
| Mar 31, 2021 | 4.88 Mn |
| Mar 31, 2021 | 4.88 Mn |
| Dec 31, 2020 | 6.56 Mn |
| Dec 31, 2020 | 6.56 Mn |
| Sep 30, 2020 | 5.63 Mn |
| Sep 30, 2020 | 5.63 Mn |
| Jun 30, 2020 | 3.33 Mn |
| Jun 30, 2020 | 3.33 Mn |
| Mar 31, 2020 | 2.36 Mn |
| Mar 31, 2020 | 2.36 Mn |