InnovAge Holding Corp Net Assets
InnovAge Holding Corp net assets. Based on the latest financial reports, InnovAge Holding Corp (INNV) has net assets worth $258.89 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($547.39 Million) and total liabilities ($288.50 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore INNV shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $258.89 Million |
| % of Total Assets | 47.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | -26.55% |
| 10-Year Change | N/A |
| Growth Volatility | 2940.61 |
Net Assets of InnovAge Holding Corp (2015–2025)
Net assets of InnovAge Holding Corp from 2015 to 2025. This chart illustrates how InnovAge Holding Corp's net assets have evolved over time, based on quarterly financial data. See InnovAge Holding Corp (INNV) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for InnovAge Holding Corp (2015–2025)
The table below shows the annual net assets of InnovAge Holding Corp from 2015 to 2025. For live market cap and overall valuation, see InnovAge Holding Corp (INNV) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $262.91 Million | -12.31% |
| 2024-06-30 | $299.81 Million | 0.00% |
| 2023-06-30 | $299.81 Million | -15.25% |
| 2022-06-30 | $353.74 Million | -1.18% |
| 2021-06-30 | $357.96 Million | +232.22% |
| 2020-06-30 | $107.75 Million | +32.30% |
| 2019-06-30 | $81.44 Million | +8919.62% |
| 2018-06-30 | $902.94K | -17.46% |
| 2017-06-30 | $1.09 Million | +345.10% |
| 2016-06-30 | $-446.34K | -4.76% |
| 2015-06-30 | $-426.05K | -- |
Equity Component Analysis
This analysis shows how different components contribute to InnovAge Holding Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 8981503300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
InnovAge Holding Corp Net Assets Breakdown (June 2025)
InnovAge Holding Corp net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $137.00K | 0.06% |
| Other Components | $335.88 Million | 142.95% |
| Total Equity | $234.97 Million | 100.00% |
InnovAge Holding Corp Competitors by Market Cap
The table below lists competitors of InnovAge Holding Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pennant Group Inc
NASDAQ:PNTG
|
$1.25 Billion |
|
TianJin 712 Communication & Broadcasting Co Ltd
SHG:603712
|
$1.25 Billion |
|
Zhejiang Jiangshan Chemical Co Ltd
SHE:002061
|
$1.25 Billion |
|
PT Sarana Menara
JK:TOWR
|
$1.25 Billion |
|
Altus Group Limited
TO:AIF
|
$1.25 Billion |
|
Hubei Jianghan New Materials Co. Ltd. A
SHG:603281
|
$1.25 Billion |
|
Universal Technical Institute Inc
NYSE:UTI
|
$1.25 Billion |
|
RES.MINING UNSP.ADR/10
F:RSM0
|
$1.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in InnovAge Holding Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 269,261,000 to 234,968,000, a change of -34,293,000 (-12.7%).
- Net loss of 30,313,000 reduced equity.
- Share repurchases of 7,321,000 reduced equity.
- Other factors increased equity by 3,341,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-30.31 Million | -12.9% |
| Share Repurchases | $7.32 Million | -3.12% |
| Other Changes | $3.34 Million | +1.42% |
| Total Change | $- | -12.74% |
Book Value vs Market Value Analysis
This analysis compares InnovAge Holding Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.30x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.50x to 5.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | $0.56 | $9.19 | x |
| 2020-06-30 | $0.76 | $9.19 | x |
| 2021-06-30 | $2.47 | $9.19 | x |
| 2022-06-30 | $2.45 | $9.19 | x |
| 2023-06-30 | $1.99 | $9.19 | x |
| 2024-06-30 | $1.98 | $9.19 | x |
| 2025-06-30 | $1.74 | $9.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently InnovAge Holding Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.55%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 2.37x
- Recent ROE (-12.90%) is above the historical average (-179.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -468.59% | 0.49x | 0.00x | $-4.78 Million |
| 2016 | 0.00% | -571.23% | 0.12x | 0.00x | $-4.16 Million |
| 2017 | -1252.42% | -284.34% | 0.59x | 7.52x | $-13.81 Million |
| 2018 | -720.32% | -73.77% | 0.98x | 10.00x | $-6.59 Million |
| 2019 | 26.39% | 4.20% | 1.28x | 4.90x | $12.16 Million |
| 2020 | 26.01% | 4.63% | 1.38x | 4.06x | $16.18 Million |
| 2021 | -13.15% | -6.90% | 1.18x | 1.61x | $-77.44 Million |
| 2022 | -1.96% | -0.93% | 1.24x | 1.69x | $-39.76 Million |
| 2023 | -15.11% | -5.91% | 1.26x | 2.03x | $-67.60 Million |
| 2024 | -7.92% | -2.79% | 1.32x | 2.15x | $-48.26 Million |
| 2025 | -12.90% | -3.55% | 1.53x | 2.37x | $-53.81 Million |
Industry Comparison
This section compares InnovAge Holding Corp's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $463,282,600
- Average return on equity (ROE) among peers: 3.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| InnovAge Holding Corp (INNV) | $258.89 Million | 0.00% | 1.11x | $1.25 Billion |
| Acadia Healthcare Company Inc (ACHC) | $2.17 Billion | 0.28% | 1.78x | $1.52 Billion |
| Addus HomeCare Corporation (ADUS) | $158.93 Million | 7.57% | 0.45x | $1.69 Billion |
| agilon health Inc (AGL) | $-232.03 Million | 0.00% | 0.00x | $1.43 Billion |
| Airsculpt Technologies Inc (AIRS) | $70.77 Million | -20.74% | 1.84x | $124.72 Million |
| Amedisys Inc (AMED) | $397.76 Million | 3.21% | 0.68x | $3.32 Billion |
| AMN Healthcare Services Inc (AMN) | $347.86 Million | 23.54% | 1.53x | $624.22 Million |
| American Shared Hospital Service (AMS) | $20.85 Million | 8.48% | 1.33x | $8.87 Million |
| American Oncology Network Inc. (AONC) | $108.01 Million | -3.68% | 3.35x | $325.24 Million |
| Ardent Health Partners, Inc. (ARDT) | $1.08 Billion | 4.65% | 3.71x | $1.66 Billion |
| Astrana Health Inc (ASTH) | $510.64 Million | 13.50% | 0.70x | $1.81 Billion |
About InnovAge Holding Corp
InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as… Read more