Innovate Total Assets from 2010 to 2024

VATE Stock  USD 6.10  1.28  26.56%   
Innovate Corp's Total Assets are increasing over the years with slightly volatile fluctuation. Overall, Total Assets are expected to go to about 1.7 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1996-09-30
Previous Quarter
898.9 M
Current Value
897.2 M
Quarterly Volatility
B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 38.8 M, Interest Expense of 42 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.0646, Dividend Yield of 0.0216 or Days Sales Outstanding of 74.18. Innovate financial statements analysis is a perfect complement when working with Innovate Corp Valuation or Volatility modules.
  
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.

Latest Innovate Corp's Total Assets Growth Pattern

Below is the plot of the Total Assets of Innovate Corp over the last few years. Total assets refers to the total amount of Innovate Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Innovate Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Innovate Corp's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innovate Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.04 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Innovate Total Assets Regression Statistics

Arithmetic Mean2,387,473,255
Geometric Mean1,240,003,741
Coefficient Of Variation102.68
Mean Deviation1,956,738,596
Median1,151,700,000
Standard Deviation2,451,526,919
Sample Variance6009984.2T
Range6.9B
R-Value0.34
Mean Square Error5713204.6T
R-Squared0.12
Significance0.21
Slope187,731,953
Total Sum of Squares84139779.3T

Innovate Total Assets History

20241.7 B
2023B
20221.2 B
20211.1 B
20206.7 B
2019B
20186.5 B

Other Fundumenentals of Innovate Corp

Innovate Corp Total Assets component correlations

0.68-0.140.350.10.220.770.431.00.990.10.530.260.550.550.370.850.530.650.82-0.38
0.68-0.06-0.210.52-0.290.2-0.080.650.75-0.010.080.05-0.060.96-0.230.880.570.290.9-0.18
-0.14-0.06-0.1-0.06-0.05-0.240.2-0.14-0.120.10.040.16-0.23-0.090.260.08-0.20.19-0.07-0.31
0.35-0.21-0.1-0.760.920.450.810.380.28-0.120.790.30.84-0.340.640.11-0.360.52-0.16-0.64
0.10.52-0.06-0.76-0.740.05-0.810.070.180.14-0.51-0.29-0.520.54-0.470.240.81-0.250.590.67
0.22-0.29-0.050.92-0.740.390.750.250.15-0.110.710.380.71-0.450.60.0-0.370.52-0.27-0.58
0.770.2-0.240.450.050.390.30.790.730.290.440.150.60.060.530.440.530.50.49-0.06
0.43-0.080.20.81-0.810.750.30.450.37-0.180.80.510.72-0.20.710.3-0.430.69-0.04-0.88
1.00.65-0.140.380.070.250.790.450.990.110.550.260.580.510.40.830.520.660.8-0.38
0.990.75-0.120.280.180.150.730.370.990.110.480.250.490.620.30.880.580.620.87-0.35
0.1-0.010.1-0.120.14-0.110.29-0.180.110.11-0.42-0.26-0.090.05-0.25-0.130.13-0.26-0.010.31
0.530.080.040.79-0.510.710.440.80.550.48-0.420.390.82-0.120.690.42-0.060.820.19-0.69
0.260.050.160.3-0.290.380.150.510.260.25-0.260.390.41-0.060.410.26-0.090.480.1-0.47
0.55-0.06-0.230.84-0.520.710.60.720.580.49-0.090.820.41-0.220.570.210.00.610.12-0.44
0.550.96-0.09-0.340.54-0.450.06-0.20.510.620.05-0.12-0.06-0.22-0.360.790.470.080.81-0.11
0.37-0.230.260.64-0.470.60.530.710.40.3-0.250.690.410.57-0.360.25-0.110.520.03-0.55
0.850.880.080.110.240.00.440.30.830.88-0.130.420.260.210.790.250.460.570.88-0.49
0.530.57-0.2-0.360.81-0.370.53-0.430.520.580.13-0.06-0.090.00.47-0.110.460.180.790.48
0.650.290.190.52-0.250.520.50.690.660.62-0.260.820.480.610.080.520.570.180.41-0.61
0.820.9-0.07-0.160.59-0.270.49-0.040.80.87-0.010.190.10.120.810.030.880.790.41-0.06
-0.38-0.18-0.31-0.640.67-0.58-0.06-0.88-0.38-0.350.31-0.69-0.47-0.44-0.11-0.55-0.490.48-0.61-0.06
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About Innovate Corp Financial Statements

Innovate Corp stakeholders use historical fundamental indicators, such as Innovate Corp's Total Assets, 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
Total AssetsB1.7 B
Intangibles To Total Assets 0.29  0.20 

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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
(3.08)
Revenue Per Share
130.933
Quarterly Revenue Growth
(0.35)
Return On Assets
0.034
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.