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INNOVATE Corp (VATE) Ratios
274 Followers
INNOVATE Corp Ratios
VATE's free cash flow for Q2 2026 was $-35.00M. For the 2026 fiscal year, VATE's free cash flow was decreased by $-10.40M and operating cash flow was $-24.60M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Mar 25 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.44 | 0.81 | 1.17 | 1.29 | 1.01 |
| Quick Ratio | 0.42 | 0.77 | 1.12 | 1.24 | 0.97 |
| Cash Ratio | 0.11 | 0.10 | 0.18 | 0.19 | 0.10 |
| Solvency Ratio | -0.03 | -0.00 | 0.00 | 0.01 | -0.17 |
| Operating Cash Flow Ratio | 0.14 | 0.02 | 0.06 | -0.02 | 0.20 |
| Short-Term Operating Cash Flow Coverage | 0.25 | 0.06 | 0.87 | -0.31 | 1.29 |
| Net Current Asset Value | $ -713.90M | $ -659.50M | $ -677.80M | $ -644.90M | $ -644.90M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.76 | 0.81 | 0.74 | 0.68 | 0.63 |
| Debt-to-Equity Ratio | -3.11 | -3.99 | -4.66 | -7.57 | -8.12 |
| Debt-to-Capital Ratio | 1.47 | 1.33 | 1.27 | 1.15 | 1.14 |
| Long-Term Debt-to-Capital Ratio | -0.53 | 1.56 | 1.32 | 1.18 | 1.18 |
| Financial Leverage Ratio | -4.12 | -4.94 | -6.31 | -11.11 | -12.82 |
| Debt Service Coverage Ratio | 0.08 | 0.29 | 0.59 | 0.75 | 0.20 |
| Interest Coverage Ratio | 0.38 | 0.54 | 0.39 | 0.26 | -0.18 |
| Debt to Market Cap | 11.07 | 10.24 | 7.34 | 4.93 | 2.20 |
| Interest Debt Per Share | 61.02 | 60.60 | 106.80 | 108.04 | 96.49 |
| Net Debt to EBITDA | 10.46 | 9.06 | 10.95 | 11.22 | 20.10 |
| Profitability Margins | |||||
| Gross Profit Margin | 14.62% | 18.86% | 15.18% | 13.52% | 15.24% |
| EBIT Margin | 2.21% | 3.71% | 1.90% | 1.26% | -0.48% |
| EBITDA Margin | 4.65% | 6.68% | 4.43% | 3.84% | 2.64% |
| Operating Profit Margin | 2.74% | 3.61% | 1.86% | 0.82% | -0.88% |
| Pretax Profit Margin | -4.94% | -3.02% | -2.42% | -2.51% | -6.70% |
| Net Profit Margin | -4.86% | -3.13% | -2.47% | -2.19% | -18.88% |
| Continuous Operations Profit Margin | -5.14% | -3.59% | -2.73% | -2.57% | -7.16% |
| Net Income Per EBT | 98.54% | 103.59% | 102.33% | 87.35% | 281.91% |
| EBT Per EBIT | -179.82% | -83.50% | -129.81% | -306.72% | 761.32% |
| Return on Assets (ROA) | -6.38% | -3.88% | -3.37% | -3.12% | -21.05% |
| Return on Equity (ROE) | 26.26% | 19.18% | 21.27% | 34.62% | 269.87% |
| Return on Capital Employed (ROCE) | -40.71% | 9.82% | 4.42% | 1.82% | -1.65% |
| Return on Invested Capital (ROIC) | 6.70% | 6.87% | 4.12% | 1.71% | -1.49% |
| Return on Tangible Assets | -9.21% | -5.84% | -4.77% | -4.30% | -30.55% |
| Earnings Yield | -101.43% | -53.48% | -36.38% | -24.77% | -79.75% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.02 | 3.68 | 3.57 | 3.90 | 3.30 |
| Payables Turnover | 7.52 | 10.59 | 8.45 | 6.99 | 5.70 |
| Inventory Turnover | 66.49 | 43.19 | 53.88 | 74.92 | 60.09 |
| Fixed Asset Turnover | 8.79 | 5.91 | 6.69 | 9.92 | 5.03 |
| Asset Turnover | 1.31 | 1.24 | 1.36 | 1.42 | 1.12 |
| Working Capital Turnover Ratio | -3.69 | -120.34 | 14.74 | 26.78 | 8.11 |
| Cash Conversion Cycle | 47.67 | 73.20 | 65.93 | 46.30 | 52.80 |
| Days of Sales Outstanding | 90.69 | 99.20 | 102.37 | 93.63 | 110.75 |
| Days of Inventory Outstanding | 5.49 | 8.45 | 6.77 | 4.87 | 6.07 |
| Days of Payables Outstanding | 48.52 | 34.46 | 43.21 | 52.20 | 64.03 |
| Operating Cycle | 96.18 | 107.66 | 109.14 | 98.50 | 116.83 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 11.09 | 0.69 | 3.37 | -1.23 | 11.61 |
| Free Cash Flow Per Share | 9.12 | -0.76 | 1.03 | -3.90 | 8.48 |
| Dividend Paid and CapEx Coverage Ratio | 5.18 | 0.45 | 1.29 | -0.37 | 3.71 |
| Capital Expenditure Coverage Ratio | 5.62 | 0.48 | 1.44 | -0.46 | 3.71 |
| Operating Cash Flow Coverage Ratio | 0.20 | 0.01 | 0.03 | -0.01 | 0.13 |
| Operating Cash Flow to Sales Ratio | 0.12 | 0.01 | 0.02 | -0.01 | 0.07 |
| Free Cash Flow Yield | 201.70% | -15.30% | 8.37% | -20.84% | 22.93% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -0.93 | -1.81 | -2.75 | -4.04 | -1.25 |
| Price-to-Sales (P/S) Ratio | 0.05 | 0.06 | 0.07 | 0.09 | 0.24 |
| Price-to-Book (P/B) Ratio | -0.26 | -0.36 | -0.58 | -1.40 | -3.38 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 0.50 | -6.54 | 11.95 | -4.80 | 4.36 |
| Price-to-Operating Cash Flow Ratio | 0.41 | 7.11 | 3.65 | -15.26 | 3.19 |
| Price-to-Earnings Growth (PEG) Ratio | -0.01 | 0.04 | 0.30 | 0.08 | -0.10 |
| Enterprise Value Multiple | 11.49 | 9.93 | 12.49 | 13.53 | 29.07 |
| Enterprise Value | 665.14M | 735.10M | 787.86M | 849.83M | 924.57M |
| EV to EBITDA | 11.49 | 9.93 | 12.49 | 13.53 | 29.07 |
| EV to Sales | 0.53 | 0.66 | 0.55 | 0.52 | 0.77 |
| EV to Free Cash Flow | 5.52 | -74.25 | 97.27 | -28.14 | 14.14 |
| EV to Operating Cash Flow | 4.54 | 80.78 | 29.73 | -89.46 | 10.33 |
| Tangible Book Value Per Share | -38.40 | -35.04 | -58.31 | -44.75 | -44.45 |
| Shareholders’ Equity Per Share | -17.46 | -13.77 | -21.04 | -13.38 | -10.93 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.04 | -0.19 | -0.13 | -0.02 | -0.07 |
| Revenue Per Share | 94.27 | 84.53 | 180.90 | 211.26 | 156.32 |
| Net Income Per Share | -4.58 | -2.64 | -4.47 | -4.63 | -29.51 |
| Tax Burden | 0.99 | 1.04 | 1.02 | 0.87 | 2.82 |
| Interest Burden | -2.24 | -0.81 | -1.27 | -2.00 | 13.91 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | -2.29 | -0.23 | -0.75 | 0.23 | -1.15 |
Currency in USD
