Innovate Corp (VATE) — Financial Flexibility Index
Innovate Corp (VATE) has a Financial Flexibility Index of 0.05x as of March 2026. Free cash flow of $55.00 Million (operating CF $45.50 Million minus capex $9.50 Million) represents 0% of total liabilities ($1.17 Billion). Check Innovate Corp total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Innovate Corp Financial Flexibility Index (1996–2025)
Historical Financial Flexibility Index trend for Innovate Corp across 30 annual periods. For the full cash flow conversion analysis, see Innovate Corp cash flow conversion.
Annual Financial Flexibility Index for Innovate Corp (1996–2025)
Year-by-year free cash flow to debt coverage for Innovate Corp. Explore VATE operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.15x | $172.70 Million | $146.60 Million | $1.17 Billion | ▲ +454.2% |
| 2024 | 0.03x | $28.10 Million | $9.10 Million | $1.05 Billion | ▼ -28.8% |
| 2023 | 0.04x | $44.90 Million | $26.50 Million | $1.20 Billion | ▲ +295.9% |
| 2022 | 0.01x | $11.20 Million | $-9.50 Million | $1.18 Billion | ▼ -79.8% |
| 2021 | 0.05x | $51.10 Million | $27.00 Million | $1.09 Billion | ▲ +387.3% |
| 2020 | 0.01x | $58.90 Million | $41.10 Million | $6.11 Billion | ▼ -53.8% |
| 2019 | 0.02x | $135.40 Million | $110.70 Million | $6.49 Billion | ▼ -65.5% |
| 2018 | 0.06x | $381.10 Million | $341.40 Million | $6.30 Billion | ▲ +381.0% |
| 2017 | 0.01x | $38.07 Million | $6.14 Million | $3.03 Billion | ▼ -67.9% |
| 2016 | 0.04x | $108.20 Million | $79.15 Million | $2.77 Billion | ▲ +1012.9% |
| 2015 | 0.00x | $-11.24 Million | $-32.56 Million | $2.62 Billion | ▼ -106.8% |
| 2014 | 0.06x | $38.63 Million | $32.81 Million | $611.22 Million | ▲ +127.2% |
| 2013 | -0.23x | $-7.74 Million | $-20.32 Million | $33.27 Million | ▼ -197.8% |
| 2012 | 0.24x | $55.32 Million | $23.57 Million | $232.69 Million | ▲ +41.1% |
| 2011 | 0.17x | $74.47 Million | $42.93 Million | $442.12 Million | ▲ +15.5% |
| 2010 | 0.15x | $62.91 Million | $36.48 Million | $431.43 Million | ▲ +52.0% |
| 2009 | 0.10x | $44.04 Million | $28.98 Million | $459.00 Million | ▲ +122.0% |
| 2008 | 0.04x | $34.22 Million | $8.78 Million | $791.98 Million | ▼ -30.2% |
| 2007 | 0.06x | $56.21 Million | $11.47 Million | $907.94 Million | ▲ +16.1% |
| 2006 | 0.05x | $45.89 Million | $12.87 Million | $860.50 Million | ▲ +5327.7% |
| 2005 | 0.00x | $-895.00K | $-50.72 Million | $877.42 Million | ▼ -100.5% |
| 2004 | 0.22x | $194.57 Million | $69.21 Million | $867.36 Million | ▲ +34.7% |
| 2003 | 0.17x | $141.18 Million | $66.95 Million | $847.53 Million | ▲ +21.1% |
| 2002 | 0.14x | $122.73 Million | $34.63 Million | $892.41 Million | ▼ -10.7% |
| 2001 | 0.15x | $153.26 Million | $-110.06 Million | $994.70 Million | ▼ -43.0% |
| 2000 | 0.27x | $450.30 Million | $-131.02 Million | $1.66 Billion | ▲ +23.4% |
| 1999 | 0.22x | $276.18 Million | $-55.57 Million | $1.26 Billion | ▲ +2514.6% |
| 1998 | 0.01x | $4.69 Million | $-71.30 Million | $559.05 Million | ▼ -89.3% |
| 1997 | 0.08x | $24.71 Million | $-14.76 Million | $315.49 Million | ▼ -13.5% |
| 1996 | 0.09x | $5.80 Million | $-6.94 Million | $64.12 Million | — |