VATE INNOVATE Corp

Price (delayed)

$0.5004

Market cap

$42.63M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$0.56

Enterprise value

$679.93M

HC2 Holdings, Inc.has a class-leading portfolio of assets primarily in Infrastructure, Life Sciences, Spectrum and Insurance. HC2 is headquartered in New York, New York and through its subsidiaries employs more ...

Highlights
The company's quick ratio rose by 22% YoY
The company's gross margin rose by 11% YoY and by 2.6% QoQ
The net income has contracted by 34% YoY and by 24% from the previous quarter
The equity has declined by 31% year-on-year and by 11% since the previous quarter

Key stats

What are the main financial stats of VATE
Market
Shares outstanding
85.19M
Market cap
$42.63M
Enterprise value
$679.93M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
N/A
Price to sales (P/S)
0.03
EV/EBIT
20.54
EV/EBITDA
10.1
EV/Sales
0.48
Earnings
Revenue
$1.42B
EBIT
$33.1M
EBITDA
$67.3M
Free cash flow
$62.2M
Per share
EPS
-$0.56
Free cash flow per share
$0.79
Book value per share
-$2.33
Revenue per share
$18.05
TBVPS
$8.13
Balance sheet
Total assets
$943.5M
Total liabilities
$1.08B
Debt
$675.7M
Equity
-$184.4M
Working capital
$79.6M
Liquidity
Debt to equity
-3.66
Current ratio
1.23
Quick ratio
0.88
Net debt/EBITDA
9.47
Margins
EBITDA margin
4.7%
Gross margin
15.6%
Net margin
-3.1%
Operating margin
2.3%
Efficiency
Return on assets
-4.3%
Return on equity
N/A
Return on invested capital
3.6%
Return on capital employed
5.6%
Return on sales
2.3%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

VATE stock price

How has the INNOVATE stock price performed over time
Intraday
-7.33%
1 week
-20.57%
1 month
-23.02%
1 year
-71.41%
YTD
-59.32%
QTD
-16.6%

Financial performance

How have INNOVATE's revenue and profit performed over time
Revenue
$1.42B
Gross profit
$221M
Operating income
$33.3M
Net income
-$43.6M
Gross margin
15.6%
Net margin
-3.1%
The net margin has contracted by 48% YoY and by 24% from the previous quarter
The net income has contracted by 34% YoY and by 24% from the previous quarter
The operating income has grown by 26% from the previous quarter
The operating margin rose by 21% since the previous quarter

Growth

What is INNOVATE's growth rate over time

Valuation

What is INNOVATE stock price valuation
P/E
N/A
P/B
N/A
P/S
0.03
EV/EBIT
20.54
EV/EBITDA
10.1
EV/Sales
0.48
INNOVATE's EPS has decreased by 17% QoQ and by 14% YoY
The equity has declined by 31% year-on-year and by 11% since the previous quarter
The P/S is 85% below the 5-year quarterly average of 0.2 and 70% below the last 4 quarters average of 0.1
The revenue has declined by 8% year-on-year

Efficiency

How efficient is INNOVATE business performance
The return on invested capital has surged by 64% year-on-year but it has declined by 10% since the previous quarter
INNOVATE's return on sales has surged by 53% YoY but it has decreased by 12% QoQ
INNOVATE's return on assets has decreased by 30% YoY and by 23% QoQ

Dividends

What is VATE's dividend history
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
Recent dividends

Financial health

How did INNOVATE financials performed over time
VATE's total assets is 12% lower than its total liabilities
The company's quick ratio rose by 22% YoY
VATE's total assets is down by 10% YoY and by 10% QoQ
The equity has declined by 31% year-on-year and by 11% since the previous quarter
INNOVATE's debt to equity has increased by 26% YoY and by 15% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.