Innovate Corp (VATE) — Defensive Interval Ratio
Innovate Corp (VATE) has a Defensive Interval Ratio of 131 days as of September 2025. Defensive assets of $349.00 Million (cash $-, short-term investments $-, receivables $349.00 Million) cover 131 days of daily cash needs of $2.67 Million/day. Check Innovate Corp (VATE) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Innovate Corp Defensive Interval Ratio (1996–2024)
This chart shows how Innovate Corp's Defensive Interval Ratio has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 131 days, meaning defensive assets of $349.00 Million can fund 131 days of operations without new revenue. Also explore net asset growth rate of Innovate Corp to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Innovate Corp (1996–2024)
The table below presents the year-by-year Defensive Interval Ratio for Innovate Corp from 1996 to 2024, covering 29 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Innovate Corp market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 227 days | $300.90 Million | $1.33 Million/day | $- | $- | ▼ -101 days |
| 2023 | 328 days | $399.10 Million | $1.22 Million/day | $- | $- | ▼ -40 days |
| 2022 | 367 days | $420.00 Million | $1.14 Million/day | $- | $- | ▲ +64 days |
| 2021 | 304 days | $365.70 Million | $1.20 Million/day | $- | $- | ▲ +16 days |
| 2020 | 288 days | $4.68 Billion | $16.26 Million/day | $- | $4.46 Billion | ▼ -77 days |
| 2019 | 365 days | $5.21 Billion | $14.29 Million/day | $- | $4.03 Billion | ▼ -4851 days |
| 2018 | 5216 days | $4.93 Billion | $944.93K/day | $- | $3.39 Billion | ▲ +2969 days |
| 2017 | 2246 days | $2.26 Billion | $1.01 Million/day | $- | $1.34 Billion | ▼ -379 days |
| 2016 | 2625 days | $2.12 Billion | $808.09K/day | $- | $1.28 Billion | ▼ -372 days |
| 2015 | 2996 days | $2.02 Billion | $675.59K/day | $- | $1.23 Billion | ▲ +2669 days |
| 2014 | 328 days | $184.52 Million | $563.24K/day | $- | $4.87 Million | ▲ +109 days |
| 2013 | 219 days | $18.98 Million | $86.85K/day | $- | $- | ▲ +135 days |
| 2012 | 83 days | $17.87 Million | $214.86K/day | $- | $- | ▼ -121 days |
| 2011 | 204 days | $81.61 Million | $399.52K/day | $- | $- | ▼ -1 days |
| 2010 | 205 days | $76.83 Million | $374.98K/day | $- | $- | ▲ +6 days |
| 2009 | 199 days | $89.34 Million | $448.92K/day | $- | $- | ▲ +151 days |
| 2008 | 48 days | $99.48 Million | $2.05 Million/day | $- | $- | ▼ -121 days |
| 2007 | 169 days | $113.59 Million | $671.82K/day | $- | $- | ▼ -1 days |
| 2006 | 170 days | $118.01 Million | $694.17K/day | $- | $- | ▼ -33 days |
| 2005 | 203 days | $141.91 Million | $699.75K/day | $- | $- | ▼ -12 days |
| 2004 | 214 days | $190.21 Million | $886.81K/day | $- | $- | ▼ -9 days |
| 2003 | 224 days | $200.82 Million | $897.78K/day | $- | $- | ▲ +57 days |
| 2002 | 167 days | $160.42 Million | $961.07K/day | $- | $- | ▼ -21 days |
| 2001 | 187 days | $190.83 Million | $1.02 Million/day | $- | $538.00K | ▼ -15 days |
| 2000 | 202 days | $229.62 Million | $1.13 Million/day | $- | $747.00K | ▼ -2 days |
| 1999 | 204 days | $191.32 Million | $936.54K/day | $- | $25.93 Million | ▼ -6 days |
| 1998 | 210 days | $92.53 Million | $440.46K/day | $- | $- | ▼ -136 days |
| 1997 | 346 days | $80.97 Million | $233.79K/day | $- | $22.77 Million | ▼ -37 days |
| 1996 | 383 days | $60.34 Million | $157.38K/day | $- | $25.12 Million | — |