Innovate Total Assets vs Net Debt Analysis

VATE Stock

USD 12.78 0.61 4.56%

Innovate Corp financial indicator trend analysis is infinitely more than just investigating Innovate Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovate Corp is a good investment. Please check the relationship between Innovate Corp Total Assets and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovate Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovate Corp Total Assets account and Net Debt. At this time, the significance of the direction appears to have very week relationship.

The correlation between Innovate Corp's Total Assets and Net Debt is 0.26. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Innovate Corp, assuming nothing else is changed. The correlation between historical values of Innovate Corp's Total Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Innovate Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Innovate Corp's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Assets

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. 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Innovate Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovate Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovate Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.At present, Innovate Corp's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.2 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.10.

	2022	2023	2024	2025 (projected)
Interest Expense	52M	68.2M	61.4M	42.0M
Depreciation And Amortization	42.2M	36M	32.4M	38.8M

Interest Expense Depreciation And Amortization

Innovate Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Inventory
Total Assets		0.49	0.55	0.44	0.68	0.49	-0.15	0.26	0.14	0.17	0.93	0.79	0.93	0.98	0.76	0.58	0.39	1.0	0.52	0.43	1.0	0.99	0.11	0.47	0.23	-0.32
Short Long Term Debt Total	0.49		0.05	0.95	-0.16	0.6	-0.03	0.94	-0.68	0.86	0.49	0.78	0.41	0.35	0.59	0.14	0.87	0.47	0.08	0.87	0.52	0.42	-0.11	0.85	0.33	0.07
Other Current Liab	0.55	0.05		-0.03	0.69	0.09	-0.26	-0.05	0.11	-0.14	0.42	0.23	0.45	0.61	0.05	0.03	0.1	0.54	0.87	0.28	0.53	0.58	0.29	-0.02	-0.01	-0.24
Total Current Liabilities	0.44	0.95	-0.03		-0.18	0.6	-0.04	0.94	-0.65	0.91	0.4	0.74	0.38	0.3	0.62	0.21	0.8	0.41	-0.05	0.83	0.47	0.37	-0.03	0.79	0.34	0.08
Total Stockholder Equity	0.68	-0.16	0.69	-0.18		-0.06	-0.1	-0.33	0.6	-0.36	0.53	0.18	0.67	0.79	0.18	0.29	-0.17	0.67	0.73	-0.06	0.64	0.74	0.02	-0.02	-0.01	-0.25
Property Plant And Equipment Net	0.49	0.6	0.09	0.6	-0.06		-0.48	0.53	-0.13	0.45	0.58	0.83	0.49	0.37	0.78	0.69	0.23	0.49	-0.18	0.33	0.52	0.43	0.25	0.33	-0.09	-0.41
Current Deferred Revenue	-0.15	-0.03	-0.26	-0.04	-0.1	-0.48		-0.03	-0.11	-0.01	-0.04	-0.28	-0.21	-0.12	-0.24	-0.45	0.22	-0.15	0.02	0.05	-0.15	-0.13	0.09	0.07	0.18	0.18
Net Debt	0.26	0.94	-0.05	0.94	-0.33	0.53	-0.03		-0.78	0.92	0.25	0.65	0.2	0.12	0.41	-0.01	0.82	0.23	-0.03	0.85	0.29	0.18	-0.15	0.8	0.33	0.04
Retained Earnings	0.14	-0.68	0.11	-0.65	0.6	-0.13	-0.11	-0.78		-0.73	0.16	-0.21	0.27	0.27	0.04	0.46	-0.82	0.16	0.04	-0.77	0.11	0.22	0.17	-0.54	-0.32	-0.29
Accounts Payable	0.17	0.86	-0.14	0.91	-0.36	0.45	-0.01	0.92	-0.73		0.19	0.58	0.21	0.03	0.38	-0.04	0.77	0.14	-0.12	0.81	0.2	0.1	-0.13	0.74	0.4	0.13
Cash	0.93	0.49	0.42	0.4	0.53	0.58	-0.04	0.25	0.16	0.19		0.81	0.87	0.9	0.78	0.58	0.36	0.94	0.39	0.36	0.94	0.91	0.16	0.42	0.23	-0.42
Non Current Assets Total	0.79	0.78	0.23	0.74	0.18	0.83	-0.28	0.65	-0.21	0.58	0.81		0.8	0.68	0.85	0.57	0.56	0.79	0.15	0.62	0.82	0.73	0.05	0.7	0.19	-0.4
Non Currrent Assets Other	0.93	0.41	0.45	0.38	0.67	0.49	-0.21	0.2	0.27	0.21	0.87	0.8		0.92	0.73	0.6	0.27	0.92	0.43	0.36	0.92	0.92	0.03	0.5	0.16	-0.4
Cash And Short Term Investments	0.98	0.35	0.61	0.3	0.79	0.37	-0.12	0.12	0.27	0.03	0.9	0.68	0.92		0.66	0.54	0.27	0.98	0.61	0.33	0.97	1.0	0.1	0.38	0.21	-0.31
Net Receivables	0.76	0.59	0.05	0.62	0.18	0.78	-0.24	0.41	0.04	0.38	0.78	0.85	0.73	0.66		0.84	0.31	0.76	-0.14	0.32	0.78	0.72	0.29	0.43	0.15	-0.25
Common Stock Shares Outstanding	0.58	0.14	0.03	0.21	0.29	0.69	-0.45	-0.01	0.46	-0.04	0.58	0.57	0.6	0.54	0.84		-0.21	0.59	-0.24	-0.16	0.59	0.58	0.34	-0.01	-0.13	-0.31
Short Term Investments	0.39	0.87	0.1	0.8	-0.17	0.23	0.22	0.82	-0.82	0.77	0.36	0.56	0.27	0.27	0.31	-0.21		0.37	0.26	0.94	0.42	0.32	-0.2	0.82	0.53	0.15
Non Current Liabilities Total	1.0	0.47	0.54	0.41	0.67	0.49	-0.15	0.23	0.16	0.14	0.94	0.79	0.92	0.98	0.76	0.59	0.37		0.51	0.41	1.0	0.99	0.13	0.46	0.22	-0.33
Other Current Assets	0.52	0.08	0.87	-0.05	0.73	-0.18	0.02	-0.03	0.04	-0.12	0.39	0.15	0.43	0.61	-0.14	-0.24	0.26	0.51		0.36	0.49	0.56	-0.1	0.18	0.17	-0.14
Other Stockholder Equity	0.43	0.87	0.28	0.83	-0.06	0.33	0.05	0.85	-0.77	0.81	0.36	0.62	0.36	0.33	0.32	-0.16	0.94	0.41	0.36		0.45	0.37	-0.14	0.83	0.45	0.06
Total Liab	1.0	0.52	0.53	0.47	0.64	0.52	-0.15	0.29	0.11	0.2	0.94	0.82	0.92	0.97	0.78	0.59	0.42	1.0	0.49	0.45		0.99	0.12	0.5	0.24	-0.31
Total Current Assets	0.99	0.42	0.58	0.37	0.74	0.43	-0.13	0.18	0.22	0.1	0.91	0.73	0.92	1.0	0.72	0.58	0.32	0.99	0.56	0.37	0.99		0.12	0.42	0.22	-0.29
Short Term Debt	0.11	-0.11	0.29	-0.03	0.02	0.25	0.09	-0.15	0.17	-0.13	0.16	0.05	0.03	0.1	0.29	0.34	-0.2	0.13	-0.1	-0.14	0.12	0.12		-0.43	-0.27	-0.17
Intangible Assets	0.47	0.85	-0.02	0.79	-0.02	0.33	0.07	0.8	-0.54	0.74	0.42	0.7	0.5	0.38	0.43	-0.01	0.82	0.46	0.18	0.83	0.5	0.42	-0.43		0.41	-0.03
Common Stock	0.23	0.33	-0.01	0.34	-0.01	-0.09	0.18	0.33	-0.32	0.4	0.23	0.19	0.16	0.21	0.15	-0.13	0.53	0.22	0.17	0.45	0.24	0.22	-0.27	0.41		-0.01
Inventory	-0.32	0.07	-0.24	0.08	-0.25	-0.41	0.18	0.04	-0.29	0.13	-0.42	-0.4	-0.4	-0.31	-0.25	-0.31	0.15	-0.33	-0.14	0.06	-0.31	-0.29	-0.17	-0.03	-0.01

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Innovate Corp Account Relationship Matchups

Innovate Corp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.7B	1.1B	1.2B	1.0B	1.2B	1.7B
Short Long Term Debt Total	561.5M	626.3M	714.4M	771.9M	887.7M	578.1M
Other Current Liab	5.8B	111.3M	68M	73M	84.0M	79.8M
Total Current Liabilities	251M	439.5M	417.2M	413.8M	475.9M	314.2M
Total Stockholder Equity	559.8M	(65.5M)	(103.7M)	(149.1M)	(171.5M)	(162.9M)
Property Plant And Equipment Net	113.9M	169.9M	165M	212.6M	191.3M	168.5M
Current Deferred Revenue	(53.7M)	79.1M	98.6M	153.5M	138.2M	145.1M
Net Debt	329.2M	580.8M	634M	691.1M	794.8M	438.3M
Retained Earnings	(188.7M)	(416.2M)	(452.1M)	(487.3M)	(560.4M)	(588.4M)
Accounts Payable	69.7M	179.2M	202.5M	142.9M	164.3M	100.6M
Cash	232.3M	45.5M	80.4M	80.8M	72.7M	94.4M
Non Current Assets Total	710.8M	638M	615.3M	525.7M	604.6M	540.6M
Non Currrent Assets Other	172.4M	73.3M	71.9M	3.3M	3.8M	3.6M
Cash And Short Term Investments	4.7B	45.5M	80.4M	80.8M	92.9M	88.3M
Net Receivables	221.3M	365.7M	420M	397M	456.6M	362.3M
Common Stock Shares Outstanding	5.0M	7.7M	7.8M	7.9M	7.1M	6.7M
Liabilities And Stockholders Equity	6.7B	1.1B	1.2B	1.0B	1.2B	1.7B
Non Current Liabilities Total	5.9B	629.2M	764.1M	766.1M	881.0M	1.4B
Other Current Assets	6.0B	14.4M	17.1M	17.7M	20.4M	19.3M
Other Stockholder Equity	341.1M	325.4M	324.8M	322.8M	290.5M	278.4M
Total Liab	6.1B	1.1B	1.2B	1.2B	1.4B	1.7B
Total Current Assets	6.0B	442.6M	536.4M	517.9M	595.6M	565.8M
Accumulated Other Comprehensive Income	396.9M	6.4M	5.9M	(1.1M)	(1.3M)	(1.3M)
Short Term Debt	53.7M	69.5M	47.7M	44M	50.6M	48.1M
Intangible Assets	174.6M	208.4M	190.1M	178.9M	205.7M	137.0M
Inventory	9.9M	17M	18.9M	22.4M	25.8M	16.8M
Good Will	112.5M	111M	127.4M	127.1M	146.2M	87.3M
Other Liab	5.2B	5.2B	13.9M	26.5M	23.9M	22.7M
Net Tangible Assets	28.8M	274.2M	(420.1M)	(438.5M)	(394.7M)	(374.9M)
Other Assets	74.1M	65.5M	18M	19.1M	17.2M	16.3M
Long Term Debt	507M	556.8M	683.8M	679.3M	781.2M	690.8M
Capital Lease Obligations	800K	58.5M	53.8M	62.1M	71.4M	46.9M
Net Invested Capital	1.1B	542M	593.1M	544.3M	489.9M	613.0M
Long Term Investments	134.5M	56M	48.2M	1.8M	1.6M	1.5M
Property Plant And Equipment Gross	113.9M	334.6M	349.3M	350.3M	315.3M	263.4M
Short Long Term Debt	53.7M	69.5M	30.6M	30.5M	27.5M	35.7M
Non Current Liabilities Other	315.8M	4.8M	17.4M	34.1M	30.7M	29.2M
Net Working Capital	5.7B	3.1M	120.7M	104.7M	94.2M	89.5M

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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:

How To Invest In Innovate

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Is Innovate Stock a good investment?

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What is Innovate Corp's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovate Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

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

(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.

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Innovate Total Assets vs Net Debt Analysis

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Assets

Net Debt

Innovate Corp fundamental ratios Correlations

Innovate Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Innovate Corp fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Non Current Liabilities Total

Short Term Investments	- 0.82	Retained Earnings
Retained Earnings	- 0.78	Net Debt
Other Stockholder Equity	- 0.77	Retained Earnings
Accounts Payable	- 0.73	Retained Earnings
Retained Earnings	- 0.68	Short Long Term Debt Total
Retained Earnings	- 0.65	Total Current Liabilities