InnovAge Holding Corp. financial data

Symbol
INNV on Nasdaq
Industry
Services-Health Services
Location
8950 E. Lowry Boulevard, Denver, Colorado
State of incorporation
Delaware
Fiscal year end
June 30
Former names
TCO GROUP HOLDINGS, INC. (to 1/20/2021)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 136 % -27.6%
Debt-to-equity 82.9 % +16.6%
Return On Equity -10.5 % +19.4%
Return On Assets -5.67 % +24.2%
Operating Margin -3.94 % +46.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 136M shares +0.26%
Common Stock, Shares, Outstanding 136M shares +0.06%
Entity Public Float 136M USD +42.8%
Common Stock, Value, Issued 136K USD 0%
Weighted Average Number of Shares Outstanding, Basic 136M shares +0.23%
Weighted Average Number of Shares Outstanding, Diluted 136M shares +0.23%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 741M USD +8.37%
Selling and Marketing Expense 24.5M USD +32.1%
General and Administrative Expense 111M USD -2.91%
Costs and Expenses 771M USD +4.86%
Operating Income (Loss) -29.2M USD +42.4%
Nonoperating Income (Expense) -3.12M USD -124%
Income Tax Expense (Benefit) 601K USD +83.6%
Net Income (Loss) Attributable to Parent -30.8M USD +27%
Earnings Per Share, Basic -0.23 USD/shares +28.1%
Earnings Per Share, Diluted -0.23 USD/shares +28.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 54.1M USD -55.6%
Accounts Receivable, after Allowance for Credit Loss, Current 36.5M USD +6.61%
Assets, Current 153M USD -29.1%
Property, Plant and Equipment, Net 186M USD +22.1%
Operating Lease, Right-of-Use Asset 29.1M USD +32.9%
Intangible Assets, Net (Excluding Goodwill) 4.7M USD -12.3%
Goodwill 140M USD +12.8%
Assets 527M USD -7.39%
Contract with Customer, Liability, Current 0 USD -100%
Liabilities, Current 122M USD -11.4%
Deferred Income Tax Liabilities, Net 6.16M USD +7.79%
Operating Lease, Liability, Noncurrent 27.3M USD +35.9%
Other Liabilities, Noncurrent 1.36M USD +15%
Liabilities 229M USD -6.04%
Retained Earnings (Accumulated Deficit) -55.6M USD -124%
Stockholders' Equity Attributable to Parent 281M USD -8.22%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 287M USD -8.15%
Liabilities and Equity 527M USD -7.39%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -33M USD -351%
Net Cash Provided by (Used in) Financing Activities -2.73M USD -63.4%
Net Cash Provided by (Used in) Investing Activities -3.14M USD +59%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 136M shares +0.24%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -38.9M USD -1124%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 54.1M USD -55.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 404K USD -42.3%
Deferred Tax Assets, Valuation Allowance 15.4M USD +228%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 35.2M USD +211%
Operating Lease, Liability 31.5M USD +33.8%
Depreciation 17.7M USD +28.3%
Payments to Acquire Property, Plant, and Equipment 2.57M USD -66.5%
Lessee, Operating Lease, Liability, to be Paid 39.9M USD +37.4%
Property, Plant and Equipment, Gross 249M USD +23%
Operating Lease, Liability, Current 4.13M USD +21.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6M USD +38%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.03M USD +29.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) -11.5M USD -659%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.48M USD +52.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.74M USD +34.3%
Deferred Federal Income Tax Expense (Benefit) -10.3M USD -829%
Current Income Tax Expense (Benefit) 4.28M USD
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.95M USD +24.4%
Additional Paid in Capital 337M USD +1.7%
Current State and Local Tax Expense (Benefit) 575K USD
Current Federal Tax Expense (Benefit) 3.71M USD
Operating Leases, Future Minimum Payments, Due in Two Years 4.58M USD +6.81%
Amortization of Intangible Assets 700K USD 0%
Depreciation, Depletion and Amortization 18M USD +23.2%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 4.87M USD +37.3%
Deferred Tax Assets, Net of Valuation Allowance 26.8M USD +269%
Share-based Payment Arrangement, Expense 6.41M USD +63.8%
Operating Leases, Future Minimum Payments, Due in Three Years 4.12M USD +4.99%
Operating Leases, Future Minimum Payments Due 31.7M USD -2.55%
Deferred State and Local Income Tax Expense (Benefit) -1.26M USD -294%
Interest Expense 1.02M USD +152%