InnovAge Total Assets from 2010 to 2024

INNV Stock  USD 4.03  0.08  2.03%   
InnovAge Holding Total Assets yearly trend continues to be fairly stable with very little volatility. Total Assets will likely drop to about 328.4 M in 2024. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2016-12-31
Previous Quarter
545.6 M
Current Value
534.3 M
Quarterly Volatility
267.7 M
 
Covid
Check InnovAge Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InnovAge main balance sheet or income statement drivers, such as Interest Expense of 1.4 M, Selling General Administrative of 70.5 M or Total Revenue of 408.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.0036 or PTB Ratio of 3.75. InnovAge financial statements analysis is a perfect complement when working with InnovAge Holding Valuation or Volatility modules.
  
This module can also supplement InnovAge Holding's financial leverage analysis and stock options assessment as well as various InnovAge Holding Technical models . Check out the analysis of InnovAge Holding Correlation against competitors.

Latest InnovAge Holding's Total Assets Growth Pattern

Below is the plot of the Total Assets of InnovAge Holding Corp over the last few years. Total assets refers to the total amount of InnovAge Holding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in InnovAge Holding Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. InnovAge Holding's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in InnovAge Holding's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 567.36 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

InnovAge Total Assets Regression Statistics

Arithmetic Mean221,445,873
Geometric Mean33,645,846
Coefficient Of Variation112.46
Mean Deviation231,674,166
Median9,030,906
Standard Deviation249,040,018
Sample Variance62020.9T
Range565.3M
R-Value0.85
Mean Square Error18104.9T
R-Squared0.73
Significance0.000051
Slope47,544,303
Total Sum of Squares868293T

InnovAge Total Assets History

2024328.4 M
2023567.4 M
2022555.6 M
2020531.8 M
2019409.6 M
2018363.2 M
2017M

Other Fundumenentals of InnovAge Holding Corp

InnovAge Holding Total Assets component correlations

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0.470.240.010.510.440.680.550.70.430.420.280.540.380.35-0.18-0.120.2-0.070.080.25
0.880.690.420.70.780.680.920.950.80.840.570.720.820.73-0.23-0.580.58-0.510.230.57
0.990.880.670.480.890.550.920.950.940.960.760.760.890.88-0.14-0.770.82-0.750.510.71
0.90.690.440.610.830.70.950.950.820.840.670.70.860.78-0.09-0.540.64-0.530.440.55
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0.760.810.810.260.640.250.570.710.550.680.820.610.630.630.68-0.62-0.850.86-0.810.36
Click cells to compare fundamentals

About InnovAge Holding Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include InnovAge Holding income statement, its balance sheet, and the statement of cash flows. InnovAge Holding investors use historical funamental indicators, such as InnovAge Holding's Total Assets, to determine how well the company is positioned to perform in the future. Although InnovAge Holding investors may use each financial statement separately, they are all related. The changes in InnovAge Holding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on InnovAge Holding's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on InnovAge Holding Financial Statements. Understanding these patterns can help to make the right decision on long term investment in InnovAge Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets567.4 M328.4 M
Intangibles To Total Assets 0.26  0.30 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards InnovAge Holding in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, InnovAge Holding's short interest history, or implied volatility extrapolated from InnovAge Holding options trading.

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When determining whether InnovAge Holding Corp is a strong investment it is important to analyze InnovAge Holding's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InnovAge Holding's future performance. For an informed investment choice regarding InnovAge Stock, refer to the following important reports:
Check out the analysis of InnovAge Holding Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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.
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Is InnovAge Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of InnovAge Holding. If investors know InnovAge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about InnovAge Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.88)
Earnings Share
(0.23)
Revenue Per Share
5.311
Quarterly Revenue Growth
0.128
Return On Assets
(0.04)
The market value of InnovAge Holding Corp is measured differently than its book value, which is the value of InnovAge that is recorded on the company's balance sheet. Investors also form their own opinion of InnovAge Holding's value that differs from its market value or its book value, called intrinsic value, which is InnovAge Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because InnovAge Holding's market value can be influenced by many factors that don't directly affect InnovAge Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between InnovAge Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if InnovAge Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InnovAge Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.