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Stock impact report

InnovAge Holding's (NASDAQ:INNV) Returns On Capital Not Reflecting Well On The Business [Yahoo! Finance]

InnovAge Holding Corp. (INNV) 
NASDAQ:AMEX Investor Relations: innovuspharma.com
Company Research Source: Yahoo! Finance
Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Having said that, from a first glance at InnovAge Holding NASDAQ:INNV ) we aren't jumping out of our chairs at how returns are trending, but let's have a deeper look. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for InnovAge Holding, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.019 = US$7.2m ÷ (US$510m - US$138m) (Based on the trailing twelve months to September 2025) Thus, InnovAge Holding has an Show less Read more
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