Innovate Corp (VATE) — Cash Flow Quality Index
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 Innovate Corp (VATE) investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 tangible equity quality of Innovate Corp to evaluate the tangible quality of the company's equity base.
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 Innovate Corp (VATE) total market value.
| 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 | — |