Innovate Historical Balance Sheet

VATE Stock  USD 8.82  0.20  2.32%   
Trend analysis of Innovate Corp balance sheet accounts such as Total Assets of 1.7 B, Short Long Term Debt Total of 578.1 M, Other Current Liabilities of 79.8 M or Total Current Liabilities of 314.2 M provides information on Innovate Corp's total assets, liabilities, and equity, which is the actual value of Innovate Corp to its prevalent stockholders. By breaking down trends over time using Innovate Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Innovate Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Innovate Corp is a good buy for the upcoming year.

Innovate Corp Inventory

16.83 Million

  
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.

About Innovate Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Innovate Corp at a specified time, usually calculated after every quarter, six months, or one year. Innovate Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Innovate Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Innovate currently owns. An asset can also be divided into two categories, current and non-current.

Innovate Corp Balance Sheet Chart

At present, Innovate Corp's Current Deferred Revenue is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 94.4 M, whereas Other Current Liabilities is forecasted to decline to about 79.8 M.

Total Current Liabilities

Total Current Liabilities is an item on Innovate Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Innovate Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 accounts from Innovate Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Current Deferred Revenue is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 94.4 M, whereas Other Current Liabilities is forecasted to decline to about 79.8 M.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total714.4M771.9M887.7M578.1M
Total Assets1.2B1.0B1.2B1.7B

Innovate Corp balance sheet Correlations

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0.490.050.95-0.160.6-0.030.94-0.680.860.490.780.410.350.590.140.870.470.080.870.520.42-0.110.850.330.07
0.550.05-0.030.690.09-0.26-0.050.11-0.140.420.230.450.610.050.030.10.540.870.280.530.580.29-0.02-0.01-0.24
0.440.95-0.03-0.180.6-0.040.94-0.650.910.40.740.380.30.620.210.80.41-0.050.830.470.37-0.030.790.340.08
0.68-0.160.69-0.18-0.06-0.1-0.330.6-0.360.530.180.670.790.180.29-0.170.670.73-0.060.640.740.02-0.02-0.01-0.25
0.490.60.090.6-0.06-0.480.53-0.130.450.580.830.490.370.780.690.230.49-0.180.330.520.430.250.33-0.09-0.41
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0.170.86-0.140.91-0.360.45-0.010.92-0.730.190.580.210.030.38-0.040.770.14-0.120.810.20.1-0.130.740.40.13
0.930.490.420.40.530.58-0.040.250.160.190.810.870.90.780.580.360.940.390.360.940.910.160.420.23-0.42
0.790.780.230.740.180.83-0.280.65-0.210.580.810.80.680.850.570.560.790.150.620.820.730.050.70.19-0.4
0.930.410.450.380.670.49-0.210.20.270.210.870.80.920.730.60.270.920.430.360.920.920.030.50.16-0.4
0.980.350.610.30.790.37-0.120.120.270.030.90.680.920.660.540.270.980.610.330.971.00.10.380.21-0.31
0.760.590.050.620.180.78-0.240.410.040.380.780.850.730.660.840.310.76-0.140.320.780.720.290.430.15-0.25
0.580.140.030.210.290.69-0.45-0.010.46-0.040.580.570.60.540.84-0.210.59-0.24-0.160.590.580.34-0.01-0.13-0.31
0.390.870.10.8-0.170.230.220.82-0.820.770.360.560.270.270.31-0.210.370.260.940.420.32-0.20.820.530.15
1.00.470.540.410.670.49-0.150.230.160.140.940.790.920.980.760.590.370.510.411.00.990.130.460.22-0.33
0.520.080.87-0.050.73-0.180.02-0.030.04-0.120.390.150.430.61-0.14-0.240.260.510.360.490.56-0.10.180.17-0.14
0.430.870.280.83-0.060.330.050.85-0.770.810.360.620.360.330.32-0.160.940.410.360.450.37-0.140.830.450.06
1.00.520.530.470.640.52-0.150.290.110.20.940.820.920.970.780.590.421.00.490.450.990.120.50.24-0.31
0.990.420.580.370.740.43-0.130.180.220.10.910.730.921.00.720.580.320.990.560.370.990.120.420.22-0.29
0.11-0.110.29-0.030.020.250.09-0.150.17-0.130.160.050.030.10.290.34-0.20.13-0.1-0.140.120.12-0.43-0.27-0.17
0.470.85-0.020.79-0.020.330.070.8-0.540.740.420.70.50.380.43-0.010.820.460.180.830.50.42-0.430.41-0.03
0.230.33-0.010.34-0.01-0.090.180.33-0.320.40.230.190.160.210.15-0.130.530.220.170.450.240.22-0.270.41-0.01
-0.320.07-0.240.08-0.25-0.410.180.04-0.290.13-0.42-0.4-0.4-0.31-0.25-0.310.15-0.33-0.140.06-0.31-0.29-0.17-0.03-0.01
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Innovate Corp Account Relationship Matchups

Innovate Corp balance sheet Accounts

202020212022202320242025 (projected)
Total Assets6.7B1.1B1.2B1.0B1.2B1.7B
Short Long Term Debt Total561.5M626.3M714.4M771.9M887.7M578.1M
Other Current Liab5.8B111.3M68M73M84.0M79.8M
Total Current Liabilities251M439.5M417.2M413.8M475.9M314.2M
Total Stockholder Equity559.8M(65.5M)(103.7M)(149.1M)(171.5M)(162.9M)
Property Plant And Equipment Net113.9M169.9M165M212.6M191.3M168.5M
Current Deferred Revenue(53.7M)79.1M98.6M153.5M138.2M145.1M
Net Debt329.2M580.8M634M691.1M794.8M438.3M
Retained Earnings(188.7M)(416.2M)(452.1M)(487.3M)(560.4M)(588.4M)
Accounts Payable69.7M179.2M202.5M142.9M164.3M100.6M
Cash232.3M45.5M80.4M80.8M72.7M94.4M
Non Current Assets Total710.8M638M615.3M525.7M604.6M540.6M
Non Currrent Assets Other172.4M73.3M71.9M3.3M3.8M3.6M
Cash And Short Term Investments4.7B45.5M80.4M80.8M92.9M88.3M
Net Receivables221.3M365.7M420M397M456.6M362.3M
Common Stock Shares Outstanding5.0M7.7M7.8M7.9M7.1M6.7M
Liabilities And Stockholders Equity6.7B1.1B1.2B1.0B1.2B1.7B
Non Current Liabilities Total5.9B629.2M764.1M766.1M881.0M1.4B
Other Current Assets6.0B14.4M17.1M17.7M20.4M19.3M
Other Stockholder Equity341.1M325.4M324.8M322.8M290.5M278.4M
Total Liab6.1B1.1B1.2B1.2B1.4B1.7B
Total Current Assets6.0B442.6M536.4M517.9M595.6M565.8M
Accumulated Other Comprehensive Income396.9M6.4M5.9M(1.1M)(1.3M)(1.3M)
Short Term Debt53.7M69.5M47.7M44M50.6M48.1M
Intangible Assets174.6M208.4M190.1M178.9M205.7M137.0M
Inventory9.9M17M18.9M22.4M25.8M16.8M
Good Will112.5M111M127.4M127.1M146.2M87.3M
Other Liab5.2B5.2B13.9M26.5M23.9M22.7M
Net Tangible Assets28.8M274.2M(420.1M)(438.5M)(394.7M)(374.9M)
Other Assets74.1M65.5M18M19.1M17.2M16.3M
Long Term Debt507M556.8M683.8M679.3M781.2M690.8M
Capital Lease Obligations800K58.5M53.8M62.1M71.4M46.9M
Net Invested Capital1.1B542M593.1M544.3M489.9M613.0M
Long Term Investments134.5M56M48.2M1.8M1.6M1.5M
Property Plant And Equipment Gross113.9M334.6M349.3M350.3M315.3M263.4M
Short Long Term Debt53.7M69.5M30.6M30.5M27.5M35.7M
Non Current Liabilities Other315.8M4.8M17.4M34.1M30.7M29.2M
Net Working Capital5.7B3.1M120.7M104.7M94.2M89.5M

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 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 Transaction History module to view history of all your transactions and understand their impact on 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.