Innovate Financial Statements From 2010 to 2025

VATE Stock  USD 8.63  0.53  6.54%   
Innovate Corp financial statements provide useful quarterly and yearly information to potential Innovate Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Innovate Corp financial statements helps investors assess Innovate Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Innovate Corp's valuation are summarized below:
Gross Profit
223.5 M
Profit Margin
(0.02)
Market Capitalization
107.4 M
Enterprise Value Revenue
0.653
Revenue
1.2 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 2025 to make sure the company is sustainable down the road. The current year's Enterprise Value is expected to grow to about 1.2 B, whereas Market Cap is forecasted to decline to about 105.7 M.

Innovate Corp Total Revenue

1.12 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 38.8 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 0.0743, Dividend Yield of 0.0248 or Days Sales Outstanding of 75.06. 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.

Innovate Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.7 B1.2 B2.3 B
Pretty Stable
Short and Long Term Debt Total578.1 M887.7 M494.7 M
Slightly volatile
Other Current Liabilities79.8 M84 M804 M
Very volatile
Total Current Liabilities314.2 M475.9 M288 M
Slightly volatile
Property Plant And Equipment Net168.5 M191.3 M185.9 M
Slightly volatile
Accounts Payable100.6 M164.3 M96.7 M
Slightly volatile
Cash94.4 M72.7 M109.3 M
Pretty Stable
Non Current Assets Total540.6 M604.6 M553.4 M
Slightly volatile
Non Currrent Assets Other3.6 M3.8 M66.5 M
Pretty Stable
Cash And Short Term Investments88.3 M92.9 M1.1 B
Pretty Stable
Net Receivables362.3 M456.6 M507.2 M
Pretty Stable
Common Stock Shares Outstanding6.7 M7.1 M19.7 M
Pretty Stable
Short Term Investments5.4 B5.1 B2.5 B
Slightly volatile
Liabilities And Stockholders Equity1.7 B1.2 B2.3 B
Pretty Stable
Non Current Liabilities Total1.4 B881 M1.9 B
Pretty Stable
Other Stockholder Equity278.4 M290.5 M219.7 M
Slightly volatile
Total Liabilities1.7 B1.4 B2.2 B
Slightly volatile
Total Current Assets565.8 M595.6 M1.7 B
Pretty Stable
Short Term Debt48.1 M50.6 M266.5 M
Pretty Stable
Intangible Assets137 M205.7 M125.3 M
Slightly volatile
Common Stock85.5 K90 K71.3 K
Slightly volatile
Good Will87.3 M146.2 M94.6 M
Slightly volatile
Other Liabilities22.7 M23.9 MB
Slightly volatile
Other Assets16.3 M17.2 M50.2 M
Slightly volatile
Long Term Debt690.8 M781.2 M596.5 M
Slightly volatile
Common Stock Total Equity79.2 K115 K71.6 K
Slightly volatile
Capital Lease Obligations46.9 M71.4 M47.3 M
Pretty Stable
Net Invested Capital613 M489.9 M674.5 M
Very volatile
Long Term Investments1.5 M1.6 M109.8 M
Slightly volatile
Property Plant And Equipment Gross263.4 M315.3 M344.1 M
Slightly volatile
Short and Long Term Debt35.7 M27.4 M33.3 M
Slightly volatile
Non Current Liabilities Other29.2 M30.7 M132.5 M
Pretty Stable
Net Working Capital89.5 M94.2 MB
Pretty Stable
Property Plant Equipment207.5 M207.7 M301.6 M
Slightly volatile

Innovate Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization38.8 M32.4 M30.3 M
Pretty Stable
Interest Expense42 M61.4 M45.3 M
Slightly volatile
Total Revenue1.1 B1.6 B1.1 B
Slightly volatile
Gross Profit189.7 M194.4 M168.8 M
Slightly volatile
Other Operating Expenses1.1 B1.6 B1.1 B
Slightly volatile
Cost Of Revenue863.7 M1.4 B969.1 M
Slightly volatile
Total Operating Expenses192.1 M170.6 M164.5 M
Slightly volatile
Selling General Administrative203.2 M193.2 M163.7 M
Slightly volatile
Selling And Marketing Expenses131.2 M125 M64.9 M
Slightly volatile
Reconciled Depreciation37.4 M41.4 M35.8 M
Very volatile
Minority Interest3.2 M3.3 M76.4 M
Slightly volatile

Innovate Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation2.4 M2.5 M5.1 M
Slightly volatile
Begin Period Cash Flow86.9 M74 M90.6 M
Slightly volatile
Depreciation38.9 M32.4 M30.4 M
Pretty Stable
Capital Expenditures15.7 M16.6 M22.2 M
Very volatile
End Period Cash Flow95.9 M74.1 M110.3 M
Pretty Stable
Dividends Paid1.9 MM18.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.07430.07820.7739
Slightly volatile
Dividend Yield0.02480.02610.2108
Pretty Stable
Days Sales Outstanding75.0691.65126
Pretty Stable
Stock Based Compensation To Revenue0.00130.00140.0059
Slightly volatile
Capex To Depreciation0.560.591.2101
Slightly volatile
Payables Turnover8.367.612.5158
Pretty Stable
Sales General And Administrative To Revenue0.10.160.1291
Slightly volatile
Capex To Revenue0.01410.01490.0298
Slightly volatile
Cash Per Share8.789.24251
Very volatile
Days Payables Outstanding48.9949.738.413
Pretty Stable
Intangibles To Total Assets0.20.340.1746
Pretty Stable
Current Ratio1.071.135.4519
Very volatile
Receivables Turnover6.614.125.0433
Slightly volatile
Capex Per Share3.152.114.4889
Pretty Stable
Revenue Per Share103163225
Pretty Stable
Graham Number10398.55102
Slightly volatile
Operating Cycle79.2697.74135
Very volatile
Days Of Payables Outstanding48.9949.738.413
Pretty Stable
Long Term Debt To Capitalization1.21.470.865
Slightly volatile
Total Debt To Capitalization1.361.430.9429
Slightly volatile
Quick Ratio1.021.085.3356
Very volatile
Net Income Per E B T1.191.261.0849
Pretty Stable
Cash Ratio0.210.220.4082
Pretty Stable
Days Of Sales Outstanding75.0691.65126
Pretty Stable
Fixed Asset Turnover6.56.0210.9061
Pretty Stable
Price Sales Ratio0.07430.07820.7739
Slightly volatile
Asset Turnover1.351.571.0185
Very volatile
Gross Profit Margin0.260.170.1706
Pretty Stable

Innovate Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap105.7 M111.3 M414.8 M
Slightly volatile
Enterprise Value1.2 B906 M910.1 M
Slightly volatile

Innovate Fundamental Market Drivers

Cash And Short Term Investments80.8 M

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 Revenue138.2 M145.1 M
Total Revenue1.6 B1.1 B
Cost Of Revenue1.4 B863.7 M
Sales General And Administrative To Revenue 0.16  0.10 
Capex To Revenue 0.01  0.01 
Revenue Per Share 162.81  103.42 
Ebit Per Revenue 0.02  0.02 

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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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.