InnovAge Holding (INNV) Interest Expenses (2020 - 2024)
InnovAge Holding (INNV) posted Interest Expenses of $1.02 million for fiscal Q3 2024 (quarter ended Mar 31, 2024), up 152.3% from $405,000 a year earlier and up 9.3% from the prior quarter.
InnovAge Holding (INNV) Interest Expenses (2020 - 2024) Analysis & Trends
For the trailing twelve months through Mar 31, 2024, Interest Expenses at InnovAge Holding was $3.02 million, up 65.5% year-over-year; for FY2022 (ended Jun 30, 2022), it was $2.53 million, down 85.0% from FY2021.
- In prior fiscal years, InnovAge Holding's Interest Expenses was $16.79 million in FY2021 (+14.8%) and $14.62 million in FY2020.
- The fiscal Q3 2024 figure stands as the highest quarterly Interest Expenses since fiscal Q3 2021.
- On a year-over-year basis, Interest Expenses has increased in each of the last three quarters, with growth averaging 63.6% over the last six quarters.
- The strongest year-over-year quarter for Interest Expenses in the past five years was fiscal Q2 2024, with growth of 319.3%; the weakest was fiscal Q1 2022, with a decline of 90.3%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 599.00 Mn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 890,000.00 |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 68.00 Mn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 61.10 Mn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 1.35 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 204.00 Mn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 10.28 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 32.80 Mn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 36.88 Mn |
| 10 | InnovAge Holding | 1.20 Bn | 711.70 Mn | 178.30 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.02 Mn |
| Dec 31, 2023 | 935,000.00 |
| Sep 30, 2023 | 661,000.00 |
| Mar 31, 2023 | 405,000.00 |
| Dec 31, 2022 | 223,000.00 |
| Sep 30, 2022 | 603,000.00 |
| Jun 30, 2022 | 596,000.00 |
| Mar 31, 2022 | 709,000.00 |
| Dec 31, 2021 | 674,000.00 |
| Sep 30, 2021 | 547,000.00 |
| Jun 30, 2021 | -274,000.00 |
| Mar 31, 2021 | 4.88 Mn |
| Dec 31, 2020 | 6.56 Mn |
| Sep 30, 2020 | 5.63 Mn |
| Jun 30, 2020 | 3.33 Mn |
| Mar 31, 2020 | 2.36 Mn |
InnovAge Holding Interest Expenses 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=interest-expenses&ticker=INNV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=INNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();