InnovAge Holding Debt-to-Equity Ratio Growth & History (INNV)
InnovAge Holding's debt-to-equity ratio was 0.43 for fiscal 2025.
View full InnovAge Holding company overviewInnovAge Holding annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-06-30 | 0.43 | 0.01 | +2.48% |
| 2024 | 2024-06-30 | 0.42 | 0.05 | +14.29% |
| 2023 | 2023-06-30 | 0.37 | 0.11 | +43.94% |
| 2022 | 2022-06-30 | 0.26 | 0.01 | +3.31% |
| 2021 | 2021-06-30 | 0.25 | −1.91 | −88.55% |
| 2020 | 2020-06-30 | 2.16 | — | — |
InnovAge Holding quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-03-31 | 0.41 | −0.03 | −7.48% |
| Q2 2026 | 2025-12-31 | 0.37 | −0.06 | −13.29% |
| Q1 2026 | 2025-09-30 | 0.40 | −0.02 | −4.99% |
| Q4 2025 | 2025-06-30 | 0.43 | 0.01 | +2.48% |
| Q3 2025 | 2025-03-31 | 0.44 | 0.04 | +11.24% |
| Q2 2025 | 2024-12-31 | 0.43 | 0.03 | +8.73% |
| Q1 2025 | 2024-09-30 | 0.42 | 0.05 | +14.04% |
| Q4 2024 | 2024-06-30 | 0.42 | 0.05 | +14.29% |
| Q3 2024 | 2024-03-31 | 0.40 | 0.03 | +9.55% |
| Q2 2024 | 2023-12-31 | 0.39 | 0.05 | +15.11% |
| Q1 2024 | 2023-09-30 | 0.37 | 0.03 | +10.18% |
| Q4 2023 | 2023-06-30 | 0.37 | 0.11 | +43.94% |
| Q3 2023 | 2023-03-31 | 0.36 | 0.11 | +44.75% |
| Q2 2023 | 2022-12-31 | 0.34 | 0.09 | +37.69% |
| Q1 2023 | 2022-09-30 | 0.34 | 0.10 | +41.60% |
| Q4 2022 | 2022-06-30 | 0.26 | 0.01 | +3.31% |
| Q3 2022 | 2022-03-31 | 0.25 | −0.00 | −0.90% |
| Q2 2022 | 2021-12-31 | 0.25 | — | — |
| Q1 2022 | 2021-09-30 | 0.24 | — | — |
| Q4 2021 | 2021-06-30 | 0.25 | −1.91 | −88.55% |
| Q3 2021 | 2021-03-31 | 0.25 | — | — |
| Q4 2020 | 2020-06-30 | 2.16 | — | — |
InnovAge Holding debt-to-equity ratio trends
Over the last five fiscal years, InnovAge Holding's debt-to-equity ratio decreased from 2.16 to 0.43, a change of −1.73. The latest reported quarter, Q3 2026, shows 0.41.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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