VATE
Price:
$16.72
Market Cap:
$228.09M
INNOVATE Corp. (VATE), a New York-based entity founded in 1994 and previously known as HC2 Holdings, Inc. until its name change in September 2021, manages a diverse range of subsidiaries operating within the infrastructure, life sciences, and spectrum sectors across the United States. Its extensive infrastructure division delivers services such as industrial construction, structural steel work, and facility maintenance. These capabilities are applied to a wide array of projects, including commercial structures like office complexes, hotels, casinos, convention centers, sports arenas, shopping malls, and hospitals, as well as significant industrial and civic infrastructure like dams, bridges,...[Read more]
Industry
Engineering & Construction
IPO Date
2009-07-13
Stock Exchange
NYSE
Ticker
VATE
According to INNOVATE Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.40. This represents a change of -7.62% compared to the average of 0.43 of the last 4 quarters.
The mean historical Current Ratio of INNOVATE Corp. over the last ten years is 3.53. The current 0.40 Current Ratio has changed 1.03% with respect to the historical average. Over the past ten years (40 quarters), VATE's Current Ratio was at its highest in in the March 2019 quarter at 16.83. The Current Ratio was at its lowest in in the September 2020 quarter at 0.26.
Average
3.53
Median
1.11
Minimum
0.27
Maximum
15.23
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 = 294.64%
Maximum Annual Current Ratio = 15.23
Minimum Annual Increase = -98.25%
Minimum Annual Current Ratio = 0.27
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.44 | -46.04% |
| 2024 | 0.81 | -30.62% |
| 2023 | 1.17 | -9.29% |
| 2022 | 1.29 | 27.67% |
| 2021 | 1.01 | -4.05% |
| 2020 | 1.05 | 294.64% |
| 2019 | 0.27 | -98.25% |
| 2018 | 15.23 | 137.24% |
| 2017 | 6.42 | -15.70% |
| 2016 | 7.62 | -14.67% |
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
0.80
5-year avg
0.94
10-year avg
3.53
INNOVATE Corp.’s Current Ratio is less than Shimmick Corporation Common Stock (0.90), less than Dragonfly Energy Holdings Corp. (2.41), less than Team, Inc. (2.24), less than Julong Holding Limited Class A Ordinary Shares (1.21), less than AirJoule Technologies Corporation (23.23), less than High-Trend International Group (1.54), greater than Stardust Power Inc. (0.12), less than Heidmar Maritime Holdings Corp. (1.13), less than ESS Tech, Inc. (1.08), less than Toro Corp. (22.23),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.90 | $150.01M | |
| 2.41 | $22.17M | |
| 2.24 | $76.16M | |
| 1.21 | $489.30M | |
| 23.23 | $302.91M | |
| 1.54 | $21.77M | |
| 0.12 | $15.58M | |
| 1.13 | $77.87M | |
| 1.08 | $10.42M | |
| 22.23 | $100.97M |
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