INNOVATE Corp. Statistics
Share Statistics
INNOVATE Corp. has 13.26M shares outstanding. The number of shares has increased by -83.53% in one year.
| Shares Outstanding | 13.26M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -90% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 4.89M |
| Failed to Deliver (FTD) Shares | 158 |
| FTD / Avg. Volume | 0.24% |
Short Selling Information
The latest short interest is 301.08K, so 2.27% of the outstanding shares have been sold short.
| Short Interest | 301.08K |
| Short % of Shares Out | 2.27% |
| Short % of Float | 6.21% |
| Short Ratio (days to cover) | 6.14 |
Valuation Ratios
The PE ratio is -2.57 and the forward PE ratio is null.
| PE Ratio | -2.57 |
| Forward PE | null |
| PS Ratio | 0.07 |
| Forward PS | null |
| PB Ratio | -0.65 |
| P/FCF Ratio | 11.95 |
| PEG Ratio | n/a |
Enterprise Valuation
INNOVATE Corp. has an Enterprise Value (EV) of 786.96M.
| EV / Earnings | -20.93 |
| EV / Sales | 0.55 |
| EV / EBITDA | 11.27 |
| EV / EBIT | 26.95 |
| EV / FCF | 97.16 |
Financial Position
The company has a current ratio of 1.25, with a Debt / Equity ratio of -4.76.
| Current Ratio | 1.25 |
| Quick Ratio | 1.2 |
| Debt / Equity | -4.76 |
| Total Debt / Capitalization | 126.59 |
| Cash Flow / Debt | 0.04 |
| Interest Coverage | 0.43 |
Financial Efficiency
Return on equity (ROE) is 0.25% and return on capital (ROIC) is 5.2%.
| Return on Equity (ROE) | 0.25% |
| Return on Assets (ROA) | -0.04% |
| Return on Capital (ROIC) | 5.2% |
| Revenue Per Employee | 360.62K |
| Profits Per Employee | -9.53K |
| Employee Count | 3.95K |
| Asset Turnover | 1.36 |
| Inventory Turnover | 53.88 |
Taxes
| Income Tax | 4.50M |
| Effective Tax Rate | -0.13 |
Stock Price Statistics
The stock price has increased by -52.31% in the last 52 weeks. The beta is 2.07, so INNOVATE Corp.'s price volatility has been higher than the market average.
| Beta | 2.07 |
| 52-Week Price Change | -52.31% |
| 50-Day Moving Average | 5.3 |
| 200-Day Moving Average | 5.78 |
| Relative Strength Index (RSI) | 56.49 |
| Average Volume (20 Days) | 65.07K |
Income Statement
In the last 12 months, INNOVATE Corp. had revenue of $1.42B and earned -$37.60M in profits. Earnings per share was $-4.78.
| Revenue | 1.42B |
| Gross Profit | 216.00M |
| Operating Income | 29.20M |
| Net Income | -37.60M |
| EBITDA | 69.80M |
| EBIT | 29.20M |
| Earnings Per Share (EPS) | -4.78 |
Balance Sheet
The company has $80.80M in cash and $771.90M in debt, giving a net cash position of -$691.10M.
| Cash & Cash Equivalents | 80.80M |
| Total Debt | 771.90M |
| Net Cash | -691.10M |
| Retained Earnings | -487.30M |
| Total Assets | 897.20M |
| Working Capital | -69.90M |
Cash Flow
In the last 12 months, operating cash flow was $26.50M and capital expenditures -$18.40M, giving a free cash flow of $8.10M.
| Operating Cash Flow | 26.50M |
| Capital Expenditures | -18.40M |
| Free Cash Flow | 8.10M |
| FCF Per Share | 1.03 |
Margins
Gross margin is 15.18%, with operating and profit margins of 2.05% and -2.64%.
| Gross Margin | 15.18% |
| Operating Margin | 2.05% |
| Pretax Margin | -2.42% |
| Profit Margin | -2.64% |
| EBITDA Margin | 4.91% |
| EBIT Margin | 2.05% |
| FCF Margin | 0.57% |
Dividends & Yields
VATE does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -85.66% |
| FCF Yield | 10.96% |
Analyst Forecast
Currently there are no analyst rating for VATE.
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
Stock Splits
The last stock split was on Aug 9, 2024. It was a backward split with a ratio of 1:10.
| Last Split Date | Aug 9, 2024 |
| Split Type | backward |
| Split Ratio | 1:10 |
Scores
| Altman Z-Score | 0.72 |
| Piotroski F-Score | 4 |