Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, InnovAge Holding's Enterprise Value is $559.3 Mil.
InnovAge Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-29.5 Mil. Therefore, InnovAge Holding's EV-to-EBIT ratio for today is -18.99.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, InnovAge Holding's Enterprise Value is $559.3 Mil.
InnovAge Holding's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-11.5 Mil. Therefore, InnovAge Holding's EV-to-EBITDA ratio for today is -48.64.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, InnovAge Holding's Enterprise Value is $559.3 Mil.
InnovAge Holding's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $741.3 Mil. Therefore, InnovAge Holding's EV-to-Revenue ratio for today is 0.75.
InnovAge Holding Enterprise Value Historical Data
The historical data trend for InnovAge Holding's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of InnovAge Holding's Enterprise Value
For the Medical Care Facilities subindustry, InnovAge Holding's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
InnovAge Holding's Enterprise Value Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, InnovAge Holding's Enterprise Value distribution charts can be found below:
* The bar in red indicates where InnovAge Holding's Enterprise Value falls into.
InnovAge Holding Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
InnovAge Holding's Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
InnovAge Holding (NAS:INNV) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
InnovAge Holding's current Enterprise Value is $559.3 Mil.
InnovAge Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-29.5 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
InnovAge Holding's current Enterprise Value is $559.3 Mil.
InnovAge Holding's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.5 Mil.
InnovAge Holding's current Enterprise Value is $559.3 Mil.
InnovAge Holding's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $741.3 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
InnovAge Holding Enterprise Value Related Terms
Thank you for viewing the detailed overview of InnovAge Holding's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
InnovAge Holding (InnovAge Holding) Business Description
InnovAge Holding Corp is a healthcare delivery platform by several participants focused on providing all-inclusive, capitated care to high-cost, dual-eligible seniors. Its patient-centered care delivery approach improves the quality of care while keeping them in their homes and reducing over-utilization of high-cost care settings such as hospitals and nursing homes. The company's segment includes PACE and others. It generates maximum revenue from the PACE segment.
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