VATE INNOVATE Corp
Price (delayed)
$7.02
Market cap
$93.25M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$3.08
Enterprise value
$707.25M
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
INNOVATE's EPS has increased by 36% YoY and by 12% QoQ
The company's gross margin rose by 24% YoY and by 4.4% QoQ
The company's quick ratio fell by 43% YoY and by 3.8% QoQ
The net income has contracted by 27% from the previous quarter
Key stats
What are the main financial stats of VATE
Market
Valuations
Earnings
Shares outstanding
13.28M
Market cap
$93.25M
Enterprise value
$707.25M
Price to earnings (P/E)
N/A
Price to book (P/B)
N/A
Price to sales (P/S)
0.07
EV/EBIT
15.31
EV/EBITDA
8.94
EV/Sales
0.64
Revenue
$1.11B
Gross profit
$208.8M
Operating income
$40M
Net income
-$34.6M
EBIT
$46.2M
EBITDA
$79.1M
Free cash flow
$200,000
Per share
Balance sheet
Liquidity
EPS
-$3.08
EPS diluted
-$3.08
Free cash flow per share
$0.02
Book value per share
-$13.6
Revenue per share
$103.5
TBVPS
$55.35
Total assets
$891.1M
Total liabilities
$1.03B
Debt
$662.8M
Equity
-$180.4M
Working capital
-$92.1M
Debt to equity
-3.67
Current ratio
0.81
Quick ratio
0.5
Net debt/EBITDA
7.76
Margins
Efficiency
Dividend
EBITDA margin
7.1%
Gross margin
18.9%
Net margin
-3.1%
Operating margin
3.6%
Return on assets
-3.9%
Return on equity
N/A
Return on invested capital
5.5%
Return on capital employed
11.3%
Return on sales
4.2%
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A
VATE stock price
How has the INNOVATE stock price performed over time
Intraday
-3.97%
1 week
-14.39%
1 month
-23.03%
1 year
-0.14%
YTD
42.11%
QTD
-10.34%
Financial performance
How have INNOVATE's revenue and profit performed over time
Revenue
$1.11B
Gross profit
$208.8M
Operating income
$40M
Net income
-$34.6M
Gross margin
18.9%
Net margin
-3.1%
The operating margin has surged by 89% year-on-year but it has declined by 14% since the previous quarter
The operating income has soared by 51% YoY but it has contracted by 22% from the previous quarter
The net margin has contracted by 41% from the previous quarter and by 24% YoY
The net income has contracted by 27% from 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
0.07
EV/EBIT
15.31
EV/EBITDA
8.94
EV/Sales
0.64
INNOVATE's EPS has increased by 36% YoY and by 12% QoQ
The equity has declined by 11% since the previous quarter and by 9% year-on-year
The P/S is 65% below the 5-year quarterly average of 0.2
The revenue has declined by 22% year-on-year and by 10% since the previous quarter
Efficiency
How efficient is INNOVATE business performance
INNOVATE's return on sales has surged by 62% YoY
The return on invested capital has grown by 38% year-on-year but it has declined by 5% since the previous quarter
INNOVATE's return on assets has decreased by 30% QoQ and by 11% YoY
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 14% lower than its total liabilities
The company's quick ratio fell by 43% YoY and by 3.8% QoQ
The current ratio has contracted by 35% YoY and by 4.7% from the previous quarter
INNOVATE's debt to equity has increased by 14% YoY and by 13% QoQ
The equity has declined by 11% since the previous quarter and by 9% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.