Innovage Holding Corp. cash flow to debt ratio of 74.43% indicates that the company generates enough cash to cover a substantial portion of its debt. This level indicates very strong financial health.

Innovage Holding Corp.'s free cash flow has increased 89.47% from $26.60M last year to $50.41M, signaling increasing performance

Innovage Holding Corp.'s debt to equity ratio is 0.37, which means that the company's assets are healthy financed, signaling financial stability.

Innovage Holding Corp.'s debt has decreased relative to shareholder equity from 0.43 last year to 0.37 today, signaling strengthened financials

Innovage Holding Corp. has a net cash position, so leverage is healthy.

Innovage Holding Corp.'s interest coverage ratio of 14.85 indicates that earnings with good margin can cover interest payments on company debt

Innovage Holding Corp.'s profit margin was -3.55% last year and is -0.26% this year, signaling increasing performance

Innovage Holding Corp.'s short-term assets of $214.31M exceed its short-term liabilities of $203.89M

Innovage Holding Corp.'s return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

Innovage Holding Corp.'s return on equity of -1.05%, is lower than 15.00%, indicating bad performance

Innovage Holding Corp.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation

Innovage Holding Corp. had positive net income in only 0 out of 5 years, indicating unstable earnings

Innovage Holding Corp. has positive free cash flow, indicating the company generates cash after capital expenditures

Innovage Holding Corp. has a free cash flow yield of 4.13%, which is above the 2.00% threshold, indicating strong cash generation relative to market value

Innovage Holding Corp.'s yearly earnings has increased 91.63% since last year from $-30.31M to $-2.54M, signaling increasing performance

Innovage Holding Corp.'s yearly revenue has increased 15.93% since last year from $853.70M to $989.71M, signaling increasing performance

ROIC -44.24% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

Innovage Holding Corp.'s 3-year revenue CAGR of 12.88% is positive, indicating growing revenue over the past 3 years

Innovage Holding Corp. had revenue growth in 4 out of 5 years, indicating consistent revenue performance

Innovage Holding Corp. had positive ROE in only 0 out of 5 years, indicating inconsistent returns on equity

Innovage Holding Corp. has insufficient data to evaluate this check.

Innovage Holding Corp. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Innovage Holding Corp. is overvalued relative to its fair value price of 0.00 based on Base EBITDA Valuation model

Innovage Holding Corp. has an EV/EBITDA ratio of 13.35x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings

Innovage Holding Corp. has insufficient data to evaluate this check.

Innovage Holding Corp. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Innovage Holding Corp. has a price-to-book ratio of 4.55x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Innovage Holding Corp. has a price-to-sales ratio of 1.24x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue