VATE INNOVATE Corp
- Stocks
- Industrials
- NYSE: VATE
Price (delayed)
$4.68
Market cap
$62.41M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$6.13
Enterprise value
$666.61M
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 debt has contracted by 7% YoY and by 3.9% from the previous quarter
The company's quick ratio has shrunk by 64% YoY but it rose by 39% QoQ
The company's gross margin rose by 9% YoY but it fell by 3.1% QoQ
INNOVATE's EPS has shrunk by 89% YoY and by 83% QoQ
The net income has plunged by 82% from the previous quarter
Key stats
What are the main financial stats of VATE
Market
Valuations
Earnings
Shares outstanding
13.34M
Market cap
$62.41M
Enterprise value
$666.61M
Price to earnings (P/E)
N/A
Price to book (P/B)
N/A
Price to sales (P/S)
0.06
EV/EBIT
28.61
EV/EBITDA
12.16
EV/Sales
0.67
Revenue
$995M
Gross profit
$185.7M
Operating income
$16.7M
Net income
-$75.9M
EBIT
$23.3M
EBITDA
$54.8M
Free cash flow
$19.7M
Per share
Balance sheet
Liquidity
EPS
-$6.13
EPS diluted
-$6.13
Free cash flow per share
$1.5
Book value per share
-$16.92
Revenue per share
$75.68
TBVPS
$45.29
Total assets
$890.9M
Total liabilities
$1.08B
Debt
$637.6M
Equity
-$224.8M
Working capital
-$474.7M
Debt to equity
-2.84
Current ratio
0.46
Quick ratio
0.32
Net debt/EBITDA
11.03
Margins
Efficiency
Dividend
EBITDA margin
5.5%
Gross margin
18.7%
Net margin
-7.6%
Operating margin
1.7%
Return on assets
-8.9%
Return on equity
N/A
Return on invested capital
4.3%
Return on capital employed
130.9%
Return on sales
2.3%
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A
VATE stock price
How has the INNOVATE stock price performed over time
Intraday
-1.27%
1 week
-18.75%
1 month
-15.68%
1 year
-3.11%
YTD
-5.26%
QTD
-9.13%
Financial performance
How have INNOVATE's revenue and profit performed over time
Revenue
$995M
Gross profit
$185.7M
Operating income
$16.7M
Net income
-$75.9M
Gross margin
18.7%
Net margin
-7.6%
The net margin has plunged by 95% from the previous quarter
The net income has plunged by 82% from the previous quarter
The operating income has plunged by 70% YoY and by 59% from the previous quarter
The operating margin has dropped by 59% year-on-year and by 55% since the previous quarter
Price vs fundamentals
How does VATE's price correlate with its fundamentals
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
0.06
EV/EBIT
28.61
EV/EBITDA
12.16
EV/Sales
0.67
INNOVATE's EPS has shrunk by 89% YoY and by 83% QoQ
The equity has dropped by 51% year-on-year and by 10% since the previous quarter
The P/S is 70% below the 5-year quarterly average of 0.2 and 40% below the last 4 quarters average of 0.1
The revenue has declined by 27% year-on-year and by 7% since the previous quarter
Efficiency
How efficient is INNOVATE business performance
INNOVATE's return on assets has shrunk by 85% QoQ
INNOVATE's return on sales has decreased by 47% QoQ and by 41% YoY
The return on invested capital has declined by 35% since the previous quarter and by 26% year-on-year
Dividends
What is VATE's dividend history
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
Dividend history
Special dividends are included in TTM DPS and yield
Financial health
How did INNOVATE financials performed over time
VATE's total assets is 18% lower than its total liabilities
The current ratio has plunged by 66% YoY but it has grown by 4.5% from the previous quarter
The company's quick ratio has shrunk by 64% YoY but it rose by 39% QoQ
The equity has dropped by 51% year-on-year and by 10% since the previous quarter
INNOVATE's debt to equity has increased by 39% YoY and by 13% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.