InnovAge Holding (INNV) Times Interest Earned (2020 - 2024)
InnovAge Holding (INNV) reported Times Interest Earned of -$5.67 for Q1 2024, up 71.9% on a YoY basis from -$3.3 in Q2 2023, and down 196.91% quarter-over-quarter from -$1.91 in Q4 2023.
InnovAge Holding (INNV) Times Interest Earned (2020 - 2024) Analysis & Trends
InnovAge Holding has reported Times Interest Earned for 5 years, with the latest figure at -$5.67 in Q1 2024.
- For the quarter ending Q1 2024, Times Interest Earned rose 71.9% year-over-year to -$5.67; the trailing twelve-month figure through Dec 2024 stood at -$27.52 (down 74.2% YoY), and the FY2022 full-year result was -$1.74, down 137.34% from the prior year.
- Times Interest Earned for Q1 2024 stood at -$5.67, down from -$1.91 in the prior quarter.
- The five-year high for Times Interest Earned was $21.32 in Q3 2021, with the low at -$61.35 in Q4 2022.
- Historically, Times Interest Earned has averaged -$11.4 across 5 years, with a median of -$6.88 in 2020.
- Annual changes were most pronounced in 2021 — Times Interest Earned surged 414.39% — and 2022, when it sank 1500.16%.
- InnovAge Holding's Times Interest Earned stood at $3.13 in 2020, then surged by 39.81% to $4.38 in 2021, then plunged by 1500.16% to -$61.35 in 2022, then jumped by 96.89% to -$1.91 in 2023, then plunged by 196.91% to -$5.67 in 2024.
- The last three Times Interest Earned figures came in at -$5.67 (Q1 2024), -$1.91 (Q4 2023), and -$16.21 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | -0.97 |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 6.32 |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 3.32 |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 1.88 |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 64.62 |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 13.54 |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 18.34 |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 165.19 |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 18.69 |
| 10 | InnovAge Holding | 1.21 Bn | 1.12 Bn | 243.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -5.67 |
| Dec 31, 2023 | -1.91 |
| Sep 30, 2023 | -16.21 |
| Mar 31, 2023 | -20.17 |
| Dec 31, 2022 | -61.35 |
| Sep 30, 2022 | -27.53 |
| Jun 30, 2022 | -20.72 |
| Mar 31, 2022 | -9.41 |
| Dec 31, 2021 | 4.38 |
| Sep 30, 2021 | 21.32 |
| Jun 30, 2021 | -38.93 |
| Mar 31, 2021 | -1.10 |
| Dec 31, 2020 | 3.13 |
| Sep 30, 2020 | -6.78 |
| Jun 30, 2020 | -6.99 |
| Mar 31, 2020 | 5.50 |