INNOVATE Statistics
Total Valuation
INNOVATE has a market cap or net worth of $143.36 million. The enterprise value is $840.06 million.
Important Dates
The next estimated earnings date is Monday, March 3, 2025, after market close.
| Earnings Date | Mar 3, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
INNOVATE has 13.26 million shares outstanding. The number of shares has increased by 20.76% in one year.
| Current Share Class | 13.26M |
| Shares Outstanding | 13.26M |
| Shares Change (YoY) | +20.76% |
| Shares Change (QoQ) | -10.12% |
| Owned by Insiders (%) | 63.46% |
| Owned by Institutions (%) | 22.49% |
| Float | 3.82M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.08 |
| Forward PS | n/a |
| PB Ratio | -1.14 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 11.65 |
| P/OCF Ratio | 4.96 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 9.62, with an EV/FCF ratio of 68.30.
| EV / Earnings | n/a |
| EV / Sales | 0.68 |
| EV / EBITDA | 9.62 |
| EV / EBIT | 15.50 |
| EV / FCF | 68.30 |
Financial Position
The company has a current ratio of 0.85
| Current Ratio | 0.85 |
| Quick Ratio | 0.76 |
| Debt / Equity | n/a |
| Debt / EBITDA | 5.19 |
| Debt / FCF | 60.79 |
| Interest Coverage | 0.73 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | 3.40% |
| Return on Invested Capital (ROIC) | 5.17% |
| Return on Capital Employed (ROCE) | 12.63% |
| Revenue Per Employee | $306,039 |
| Profits Per Employee | -$7,604 |
| Employee Count | 4,024 |
| Asset Turnover | 1.24 |
| Inventory Turnover | 50.91 |
Taxes
In the past 12 months, INNOVATE has paid $5.20 million in taxes.
| Income Tax | 5.20M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +33.21% in the last 52 weeks. The beta is 2.27, so INNOVATE's price volatility has been higher than the market average.
| Beta (5Y) | 2.27 |
| 52-Week Price Change | +33.21% |
| 50-Day Moving Average | 8.26 |
| 200-Day Moving Average | 6.14 |
| Relative Strength Index (RSI) | 50.34 |
| Average Volume (20 Days) | 158,637 |
Short Selling Information
The latest short interest is 549,552, so 4.14% of the outstanding shares have been sold short.
| Short Interest | 549,552 |
| Short Previous Month | 300,821 |
| Short % of Shares Out | 4.14% |
| Short % of Float | 14.40% |
| Short Ratio (days to cover) | 0.32 |
Income Statement
In the last 12 months, INNOVATE had revenue of $1.23 billion and -$30.60 million in losses. Loss per share was -$3.25.
| Revenue | 1.23B |
| Gross Profit | 223.50M |
| Operating Income | 54.20M |
| Pretax Income | -16.10M |
| Net Income | -30.60M |
| EBITDA | 87.30M |
| EBIT | 54.20M |
| Loss Per Share | -$3.25 |
Full Income StatementBalance Sheet
The company has $51.00 million in cash and $747.70 million in debt, giving a net cash position of -$696.70 million or -$52.54 per share.
| Cash & Cash Equivalents | 51.00M |
| Total Debt | 747.70M |
| Net Cash | -696.70M |
| Net Cash Per Share | -$52.54 |
| Equity (Book Value) | -125.30M |
| Book Value Per Share | -12.39 |
| Working Capital | -68.10M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $28.90 million and capital expenditures -$16.60 million, giving a free cash flow of $12.30 million.
| Operating Cash Flow | 28.90M |
| Capital Expenditures | -16.60M |
| Free Cash Flow | 12.30M |
| FCF Per Share | $0.93 |
Full Cash Flow StatementMargins
Gross margin is 18.15%, with operating and profit margins of 4.40% and -2.22%.
| Gross Margin | 18.15% |
| Operating Margin | 4.40% |
| Pretax Margin | -2.26% |
| Profit Margin | -2.22% |
| EBITDA Margin | 7.09% |
| EBIT Margin | 4.40% |
| FCF Margin | 1.00% |