Innovate Corp (VATE) — Defensive Interval Ratio
Innovate Corp (VATE) has a Defensive Interval Ratio of 87 days as of March 2026. Defensive assets of $241.80 Million (cash $-, short-term investments $-, receivables $241.80 Million) cover 87 days of daily cash needs of $2.79 Million/day. See Innovate Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Innovate Corp Defensive Interval Ratio (1996–2025)
This chart shows how Innovate Corp's Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 87 days, meaning defensive assets of $241.80 Million can fund 87 days of operations without new revenue. See net asset quality index of Innovate Corp to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Innovate Corp (1996–2025)
The table below presents the year-by-year Defensive Interval Ratio for Innovate Corp from 1996 to 2025, covering 30 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 (VATE) market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 109 days | $309.60 Million | $2.83 Million/day | $- | $- | ▼ -118 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 | — |