Innovate Financial Statements From 2010 to 2026

VATE Stock  USD 5.20  0.68  15.04%   
Innovate Corp's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Innovate Corp's valuation are provided below:
Gross Profit
187.2 M
Profit Margin
(0.06)
Market Capitalization
71 M
Enterprise Value Revenue
0.6903
Revenue
1.1 B
There are over one hundred nineteen available fundamental trends for Innovate Corp, which can be analyzed over time and compared to other ratios. Investors should ensure to confirm all of Innovate Corp's regular performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. The current year's Enterprise Value is expected to grow to about 941 M, whereas Market Cap is forecasted to decline to about 70.7 M.

Innovate Corp Total Revenue

1.09 Billion

Check Innovate Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovate Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 38.9 M, Interest Expense of 41.7 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.0638, Dividend Yield of 0.0203 or Days Sales Outstanding of 75.2. Innovate financial statements analysis is a perfect complement when working with Innovate Corp Valuation or Volatility modules.
  
Build AI portfolio with Innovate Stock
Check out the analysis of Innovate Corp Correlation against competitors.
For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.

Innovate Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.7 BB2.2 B
Pretty Stable
Short and Long Term Debt Total592.1 M827.1 M515.3 M
Slightly volatile
Other Current Liabilities124 M130.5 M773 M
Very volatile
Total Current Liabilities716.3 M556.3 M939.9 M
Pretty Stable
Property Plant And Equipment Net169.6 M168.6 M188.3 M
Slightly volatile
Accounts Payable92.6 M97.5 M370.3 M
Very volatile
Cash86.3 M43.9 M90.5 M
Very volatile
Non Current Assets Total709.6 M574.7 M820 M
Pretty Stable
Non Currrent Assets Other8.8 M9.3 M76 M
Very volatile
Cash And Short Term Investments53.3 M56.1 M517.1 M
Very volatile
Net Receivables350.4 M346 M471.2 M
Pretty Stable
Common Stock Shares Outstanding23.6 M11.8 M13.5 M
Pretty Stable
Short Term Investments5.4 B5.1 B2.6 B
Slightly volatile
Liabilities And Stockholders Equity1.7 BB2.2 B
Pretty Stable
Non Current Liabilities Total988.5 M652.3 M1.2 B
Very volatile
Other Stockholder Equity278.4 M310.2 M228.3 M
Slightly volatile
Total Liabilities1.7 B1.2 B2.1 B
Pretty Stable
Total Current Assets427.6 M450.1 M1.4 B
Very volatile
Short Term Debt206.4 M201.4 M294.3 M
Very volatile
Intangible Assets138.3 M198.3 M126.9 M
Slightly volatile
Common Stock85.5 K90 K73 K
Slightly volatile
Good Will89.4 M145.7 M96.5 M
Slightly volatile
Other Liabilities22.7 M23.9 M1.9 B
Slightly volatile
Other Assets16.3 M17.2 M47.4 M
Slightly volatile
Long Term Debt489.7 M450.5 M559.5 M
Pretty Stable
Common Stock Total Equity79.2 K115 K73.3 K
Slightly volatile
Capital Lease Obligations48.8 M64.9 M47.5 M
Pretty Stable
Net Invested Capital584.6 M434.2 M658.2 M
Very volatile
Long Term Investments3.1 M3.2 M103.8 M
Slightly volatile
Property Plant And Equipment Gross264 M301.9 M342.9 M
Slightly volatile
Short and Long Term Debt195.9 M186.5 M59.6 M
Slightly volatile
Non Current Liabilities Other2.2 M2.3 M121.6 M
Pretty Stable
Property Plant Equipment207.5 M207.7 M297.4 M
Slightly volatile

Innovate Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization38.9 M29.6 M31.3 M
Pretty Stable
Interest Expense41.7 M67 M45.4 M
Slightly volatile
Total Revenue1.1 B1.3 B1.1 B
Slightly volatile
Gross Profit187 M187.9 M166.4 M
Slightly volatile
Other Operating Expenses1.1 B1.2 B1.1 B
Slightly volatile
Cost Of Revenue831.9 MB886.2 M
Slightly volatile
Total Operating Expenses191 M151.9 M165.2 M
Slightly volatile
Selling General Administrative145.8 M144.2 M157.2 M
Slightly volatile
Selling And Marketing Expenses131.2 M125 M67.4 M
Slightly volatile
Reconciled Depreciation27.1 M29.6 M34.3 M
Slightly volatile
Minority Interest4.4 M4.6 M72.3 M
Slightly volatile
Interest Income2.1 MM1.5 M
Slightly volatile

Innovate Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based CompensationM3.9 M5.2 M
Slightly volatile
Begin Period Cash Flow86.2 M74.1 M90.2 M
Pretty Stable
Depreciation39.5 M29.6 M32.6 M
Pretty Stable
Capital Expenditures16.2 M17.1 M22 M
Pretty Stable
End Period Cash Flow87.8 M44.4 M91.2 M
Very volatile
Dividends PaidM1.1 M17.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.06380.06720.8468
Slightly volatile
Dividend Yield0.02030.02130.1872
Very volatile
Days Sales Outstanding75.289.28124
Very volatile
Stock Based Compensation To Revenue0.00380.00280.0059
Slightly volatile
Capex To Depreciation0.630.661.1811
Slightly volatile
EV To Sales0.730.761.1524
Slightly volatile
Payables Turnover8.369.5312.5163
Pretty Stable
Sales General And Administrative To Revenue0.10.160.1321
Slightly volatile
Capex To Revenue0.01870.01970.0296
Slightly volatile
Cash Per Share3.193.35198
Very volatile
Days Payables Outstanding48.6239.6237.5655
Very volatile
Intangibles To Total Assets0.150.30.1787
Pretty Stable
Current Ratio0.690.735.133
Very volatile
Receivables Turnover6.524.234.9643
Slightly volatile
Capex Per Share1.581.672.9905
Very volatile
Revenue Per Share79.3276.07157
Pretty Stable
Graham Number86.0498.55107
Slightly volatile
Operating Cycle79.596.89133
Very volatile
Days Of Payables Outstanding48.6239.6237.5655
Very volatile
Long Term Debt To Capitalization1.221.80.9266
Slightly volatile
Total Debt To Capitalization1.381.540.9736
Slightly volatile
Quick Ratio0.660.695.0227
Very volatile
Net Income Per E B T1.171.231.0812
Very volatile
Cash Ratio0.110.120.3783
Slightly volatile
Days Of Sales Outstanding75.289.28124
Very volatile
Fixed Asset Turnover6.435.3210.567
Pretty Stable
Price Sales Ratio0.06380.06720.8468
Slightly volatile
Asset Turnover1.351.431.0234
Very volatile
Gross Profit Margin0.260.220.1746
Very volatile

Innovate Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap70.7 M74.4 M428.8 M
Slightly volatile
Enterprise Value941 M845.4 M884.5 M
Slightly volatile

Innovate Fundamental Market Drivers

Innovate Upcoming Events

12th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Innovate Corp Financial Statements

Innovate Corp stakeholders use historical fundamental indicators, such as Innovate Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Innovate Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Innovate Corp's assets and liabilities are reflected in the revenues and expenses on Innovate Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Innovate Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue98.2 M103.1 M
Total Revenue1.3 B1.1 B
Cost Of RevenueB831.9 M
Sales General And Administrative To Revenue 0.16  0.10 
Capex To Revenue 0.02  0.02 
Revenue Per Share 76.07  79.32 
Ebit Per Revenue(0.01)(0.01)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Innovate Corp is a strong investment it is important to analyze Innovate Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innovate Corp's future performance. For an informed investment choice regarding Innovate Stock, refer to the following important reports:
Check out the analysis of Innovate Corp Correlation against competitors.
For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovate Corp. If investors know Innovate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovate Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.66)
Revenue Per Share
83.759
Quarterly Revenue Growth
0.433
Return On Assets
0.0117
Return On Equity
(0.19)
The market value of Innovate Corp is measured differently than its book value, which is the value of Innovate that is recorded on the company's balance sheet. Investors also form their own opinion of Innovate Corp's value that differs from its market value or its book value, called intrinsic value, which is Innovate Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovate Corp's market value can be influenced by many factors that don't directly affect Innovate Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovate Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovate Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovate Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.