InnovAge Holding Corp (INNV) - Total Assets
Based on the latest financial reports, InnovAge Holding Corp (INNV) holds total assets worth $547.39 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore cash flow to debt ratio of InnovAge Holding Corp to assess how comfortably operating cash covers total debt obligations.
InnovAge Holding Corp - Total Assets Trend (2015–2025)
This chart illustrates how InnovAge Holding Corp's total assets have evolved over time, based on quarterly financial data. See shareholders equity of InnovAge Holding Corp for net asset value and shareholders' equity analysis.
InnovAge Holding Corp - Asset Composition Analysis
Current Asset Composition (June 2025)
InnovAge Holding Corp's total assets of $547.39 Million consist of 31.6% current assets and 68.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.5% |
| Accounts Receivable | $39.68 Million | 7.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $145.92 Million | 26.2% |
| Goodwill | $142.05 Million | 25.5% |
Asset Composition Trend (2015–2025)
This chart illustrates how InnovAge Holding Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see InnovAge Holding Corp market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: InnovAge Holding Corp's current assets represent 31.6% of total assets in 2025, an increase from 25.0% in 2015.
- Cash Position: Cash and equivalents constituted 11.5% of total assets in 2025, up from 0.4% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 51.0% of total assets, a decrease from 70.0% in 2015.
- Asset Diversification: The largest asset category is intangible assets at 26.2% of total assets.
InnovAge Holding Corp Competitors by Total Assets
Key competitors of InnovAge Holding Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Extendicare Inc
TO:EXE
|
Canada | CA$1.07 Billion |
|
Chularat Hospital Public Company Limited
BK:CHG-R
|
Thailand | ฿10.23 Billion |
|
CareRx Corp
TO:CRRX
|
Canada | CA$248.81 Million |
|
P3 Health Partners Inc
NASDAQ:PIII
|
USA | $674.16 Million |
|
IMAC Holdings Inc
NASDAQ:BACK
|
USA | $1.47 Million |
|
Regis Healthcare Ltd
AU:REG
|
Australia | AU$2.11 Billion |
|
Oceania Healthcare Ltd
AU:OCA
|
Australia | AU$3.01 Billion |
|
Pacific Smiles Group Ltd
AU:PSQ
|
Australia | AU$163.53 Million |
InnovAge Holding Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.03 | 0.78 | 3.19 |
| Quick Ratio | 1.03 | 0.78 | 3.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.73 Million | $-49.14 Million | $172.37 Million |
InnovAge Holding Corp - Advanced Valuation Insights
This section examines the relationship between InnovAge Holding Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.93 |
| Latest Market Cap to Assets Ratio | 2.23 |
| Asset Growth Rate (YoY) | -3.9% |
| Total Assets | $557.23 Million |
| Market Capitalization | $1.24 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values InnovAge Holding Corp's assets at a significant premium (2.23x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: InnovAge Holding Corp's assets decreased by 3.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for InnovAge Holding Corp (2015–2025)
The table below shows the annual total assets of InnovAge Holding Corp from 2015 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $557.23 Million | -3.90% |
| 2024-06-30 | $579.84 Million | +5.87% |
| 2023-06-30 | $547.66 Million | -2.70% |
| 2022-06-30 | $562.87 Million | +4.50% |
| 2021-06-30 | $538.61 Million | +31.49% |
| 2020-06-30 | $409.63 Million | +12.77% |
| 2019-06-30 | $363.23 Million | +3922.12% |
| 2018-06-30 | $9.03 Million | +9.77% |
| 2017-06-30 | $8.23 Million | +29.63% |
| 2016-06-30 | $6.35 Million | +204.98% |
| 2015-06-30 | $2.08 Million | -- |
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