INNOVATE Corp.

INNOVATE Corp.verified

VATE

Price:

$4.86

Market Cap:

$63.82M

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and othe...[Read more]

Industry

Engineering & Construction

IPO Date

2009-07-13

Stock Exchange

NYSE

Ticker

VATE

The Current Ratio as of December 2025 (TTM) for INNOVATE Corp. (VATE) is 0.46

According to INNOVATE Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.46. This represents a change of -28.50% compared to the average of 0.64 of the last 4 quarters.

INNOVATE Corp. (VATE) Historical Current Ratio (quarterly & annually)

How has VATE Current Ratio performed in the past?

The mean historical Current Ratio of INNOVATE Corp. over the last ten years is 7.81. The current 0.46 Current Ratio has changed 484.95% with respect to the historical average. Over the past ten years (40 quarters), VATE's Current Ratio was at its highest in in the December 2020 quarter at 24.03. The Current Ratio was at its lowest in in the March 2025 quarter at 0.44.

Quarterly (TTM)
Annual

Average

7.81

Median

7.02

Minimum

0.81

Maximum

24.03

INNOVATE Corp. (VATE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of INNOVATE Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 453.34%

Maximum Annual Current Ratio = 24.03

Minimum Annual Increase = -95.81%

Minimum Annual Current Ratio = 0.81

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.81-35.34%
20231.25-2.66%
20221.2927.67%
20211.01-95.81%
202024.03108.17%
201911.54-24.21%
201815.23137.24%
20176.42-15.70%
20167.62-14.67%
20158.93453.34%

INNOVATE Corp. (VATE) Average Current Ratio

How has VATE Current Ratio performed in the past?

The current Current Ratio of INNOVATE Corp. (VATE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.12

5-year avg

5.68

10-year avg

7.81

INNOVATE Corp. (VATE) Current Ratio vs. Peers

How is VATE’s Current Ratio compared to its peers?

INNOVATE Corp.’s Current Ratio is less than Shimmick Corporation Common Stock (0.83), greater than Dragonfly Energy Holdings Corp. (0), less than Team, Inc. (1.95), less than Julong Holding Limited Class A Ordinary Shares (1.08), less than AirJoule Technologies Corporation (14.15), less than High-Trend International Group (1.32), greater than Stardust Power Inc. (0.17), less than Heidmar Maritime Holdings Corp. (4.77), less than ESS Tech, Inc. (0.49), less than Toro Corp. (19.96),

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