InnovAge Holding (INNV) Interest Expenses (2020 - 2024)
InnovAge Holding (INNV) reported Interest Expenses of $1.0 million for Q1 2024, up 152.35% on a YoY basis from $405000.0 in Q2 2023, and up 9.3% quarter-over-quarter from $935000.0 in Q4 2023.
InnovAge Holding (INNV) Interest Expenses (2020 - 2024) Analysis & Trends
InnovAge Holding has reported Interest Expenses for 5 years, with the latest figure 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.
- The five-year high for Interest Expenses was $6.6 million in Q4 2020, with the low at -$274000.0 in Q2 2021.
- Historically, Interest Expenses has averaged $1.8 million across 5 years, with a median of $691500.0 in 2021.
- Annual changes were most pronounced in 2021 — Interest Expenses slumped 108.22% — and 2023, when it surged 319.28%.
- InnovAge Holding's Interest Expenses stood at $6.6 million in 2020, then tumbled by 89.72% to $674000.0 in 2021, then sank by 66.91% to $223000.0 in 2022, then jumped by 319.28% to $935000.0 in 2023, then grew 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 | 83.85 Bn | 86.23 Bn | 16.26 Bn | 584.00 Mn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 205.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 145.13 Mn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 31.80 Mn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 1.93 Mn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 37.13 Mn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 115.95 Mn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 512,000.00 |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 6.42 Mn |
| 10 | InnovAge Holding | 1.21 Bn | 1.12 Bn | 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 |