Innovate Corp (VATE) — Cash Flow Quality Index

Latest as of June 2024: 1.49x

Innovate Corp (VATE) has a Cash Flow Quality Index of 1.49x as of June 2024. Operating cash flow of $21.50 Million exceeds net income of $14.40 Million, indicating high earnings quality where cash backs reported profits. Explore VATE cash generation efficiency to assess how effectively this company generates cash.

Cash Flow Quality Index

1.49x
Operating CF / Net Income

Operating Cash Flow

$21.50 Million
USD

Net Income

$14.40 Million
USD

Data as of

Jun 2024
Most recent filing

Innovate Corp Cash Flow Quality Index (2003–2018)

Historical Cash Flow Quality Index for Innovate Corp across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Innovate Corp (VATE) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Innovate Corp (2003–2018)

Year-by-year earnings quality comparison for Innovate Corp. For live market cap and the full company financial profile, see VATE market cap.

Year Quality Index Operating CF (USD) Net Income YoY Change
2018 1.90x $341.40 Million $179.90 Million ▲ +1142.6%
2013 -0.18x $-20.32 Million $111.61 Million ▼ -121.5%
2012 0.85x $23.57 Million $27.87 Million ▲ +1295.5%
2009 0.06x $28.98 Million $478.19 Million ▼ -91.7%
2007 0.73x $11.47 Million $15.74 Million ▼ -54.5%
2003 1.60x $66.95 Million $41.81 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.