Innovage Holding Corp Stock Return On Asset
| INNV Stock | USD 3.16 0.09 2.77% |
InnovAge Holding Corp fundamentals help investors to digest information that contributes to InnovAge Holding's financial success or failures. It also enables traders to predict the movement of InnovAge Stock. The fundamental analysis module provides a way to measure InnovAge Holding's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to InnovAge Holding stock.
Return On Assets is likely to climb to -0.04 in 2025. InnovAge | Return On Asset |
InnovAge Holding Corp Company Return On Asset Analysis
InnovAge Holding's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current InnovAge Holding Return On Asset | -0.0232 |
Most of InnovAge Holding's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, InnovAge Holding Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
InnovAge Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for InnovAge Holding is extremely important. It helps to project a fair market value of InnovAge Stock properly, considering its historical fundamentals such as Return On Asset. Since InnovAge Holding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of InnovAge Holding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of InnovAge Holding's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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InnovAge Total Assets
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Based on the latest financial disclosure, InnovAge Holding Corp has a Return On Asset of -0.0232. This is 99.73% lower than that of the Health Care Providers & Services sector and significantly lower than that of the Health Care industry. The return on asset for all United States stocks is 83.43% lower than that of the firm.
InnovAge Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses InnovAge Holding's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of InnovAge Holding could also be used in its relative valuation, which is a method of valuing InnovAge Holding by comparing valuation metrics of similar companies.InnovAge Holding is currently under evaluation in return on asset category among its peers.
InnovAge Holding Current Valuation Drivers
We derive many important indicators used in calculating different scores of InnovAge Holding from analyzing InnovAge Holding's financial statements. These drivers represent accounts that assess InnovAge Holding's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of InnovAge Holding's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Enterprise Value | 3.3B | 2.8B | 494.0M | 741.0M | 852.2M | 809.6M |
InnovAge Holding ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, InnovAge Holding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to InnovAge Holding's managers, analysts, and investors.Environmental | Governance | Social |
InnovAge Fundamentals
| Return On Equity | -0.0952 | ||||
| Return On Asset | -0.0232 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 487.5 M | ||||
| Shares Outstanding | 135.24 M | ||||
| Shares Owned By Insiders | 85.10 % | ||||
| Shares Owned By Institutions | 11.86 % | ||||
| Number Of Shares Shorted | 331.14 K | ||||
| Price To Earning | 33.64 X | ||||
| Price To Book | 1.88 X | ||||
| Price To Sales | 0.54 X | ||||
| Revenue | 763.86 M | ||||
| Gross Profit | 559.96 M | ||||
| EBITDA | 1.15 M | ||||
| Net Income | (23.22 M) | ||||
| Cash And Equivalents | 184.43 M | ||||
| Cash Per Share | 1.36 X | ||||
| Total Debt | 113.03 M | ||||
| Debt To Equity | 0.24 % | ||||
| Current Ratio | 2.29 X | ||||
| Book Value Per Share | 1.84 X | ||||
| Cash Flow From Operations | (36.9 M) | ||||
| Short Ratio | 5.49 X | ||||
| Earnings Per Share | (0.19) X | ||||
| Target Price | 5.25 | ||||
| Number Of Employees | 2.35 K | ||||
| Beta | 0.39 | ||||
| Market Capitalization | 439.54 M | ||||
| Total Asset | 547.66 M | ||||
| Retained Earnings | (68.31 M) | ||||
| Working Capital | 34.54 M | ||||
| Current Asset | 3.06 M | ||||
| Current Liabilities | 4.22 M | ||||
| Net Asset | 547.66 M |
About InnovAge Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze InnovAge Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of InnovAge Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of InnovAge Holding Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for InnovAge Stock Analysis
When running InnovAge Holding's price analysis, check to measure InnovAge Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InnovAge Holding is operating at the current time. Most of InnovAge Holding's value examination focuses on studying past and present price action to predict the probability of InnovAge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnovAge Holding's price. Additionally, you may evaluate how the addition of InnovAge Holding to your portfolios can decrease your overall portfolio volatility.