Innovate Corp (VATE) — Net Asset Quality Index
Innovate Corp (VATE) has a Net Asset Quality Index of -22.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $913.20 Million minus total liabilities of $1.12 Billion yields net assets of $-207.70 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check how resilient are Innovate Corp's assets to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Innovate Corp Net Asset Quality Index Over Time (1996–2024)
This chart shows how Innovate Corp's Net Asset Quality Index has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the index stands at -22.7%, representing net assets of $-207.70 Million against total assets of $913.20 Million USD. See VATE working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Innovate Corp (1996–2024)
The table below presents the year-by-year Net Asset Quality Index for Innovate Corp from 1996 to 2024, covering 29 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Innovate Corp market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -17.9% | $-159.80 Million | $891.10 Million | $1.05 Billion | ▼ -3.3 pp |
| 2023 | -14.6% | $-152.70 Million | $1.04 Billion | $1.20 Billion | ▼ -12.1 pp |
| 2022 | -2.6% | $-29.60 Million | $1.15 Billion | $1.18 Billion | ▼ -1.9 pp |
| 2021 | -0.6% | $-6.90 Million | $1.08 Billion | $1.09 Billion | ▼ -9.8 pp |
| 2020 | 9.2% | $615.90 Million | $6.72 Billion | $6.11 Billion | ▲ +2.5 pp |
| 2019 | 6.7% | $465.20 Million | $6.96 Billion | $6.49 Billion | ▲ +3.6 pp |
| 2018 | 3.1% | $201.70 Million | $6.50 Billion | $6.30 Billion | ▼ -2.8 pp |
| 2017 | 5.9% | $189.73 Million | $3.22 Billion | $3.03 Billion | ▲ +3.4 pp |
| 2016 | 2.5% | $69.97 Million | $2.84 Billion | $2.77 Billion | ▼ -1.9 pp |
| 2015 | 4.4% | $120.65 Million | $2.74 Billion | $2.62 Billion | ▼ -11.2 pp |
| 2014 | 15.6% | $112.83 Million | $724.05 Million | $611.22 Million | ▼ -46.5 pp |
| 2013 | 62.1% | $54.41 Million | $87.68 Million | $33.27 Million | ▲ +39.3 pp |
| 2012 | 22.7% | $68.50 Million | $301.19 Million | $232.69 Million | ▲ +4.0 pp |
| 2011 | 18.7% | $101.71 Million | $543.82 Million | $442.12 Million | ▲ +2.6 pp |
| 2010 | 16.1% | $83.03 Million | $514.46 Million | $431.43 Million | ▼ -1.7 pp |
| 2009 | 17.9% | $99.91 Million | $558.91 Million | $459.00 Million | ▲ +157.5 pp |
| 2008 | -139.7% | $-461.54 Million | $330.44 Million | $791.98 Million | ▼ -42.5 pp |
| 2007 | -97.2% | $-447.54 Million | $460.40 Million | $907.94 Million | ▲ +22.2 pp |
| 2006 | -119.4% | $-468.25 Million | $392.25 Million | $860.50 Million | ▼ -82.5 pp |
| 2005 | -36.9% | $-236.33 Million | $641.09 Million | $877.42 Million | ▼ -22.5 pp |
| 2004 | -14.3% | $-108.76 Million | $758.60 Million | $867.36 Million | ▼ -1.5 pp |
| 2003 | -12.8% | $-96.37 Million | $751.16 Million | $847.53 Million | ▲ +10.3 pp |
| 2002 | -23.2% | $-167.83 Million | $724.59 Million | $892.41 Million | ▼ -1.3 pp |
| 2001 | -21.9% | $-178.48 Million | $816.21 Million | $994.70 Million | ▼ -26.7 pp |
| 2000 | 4.8% | $83.69 Million | $1.75 Billion | $1.66 Billion | ▼ -8.4 pp |
| 1999 | 13.2% | $191.49 Million | $1.45 Billion | $1.26 Billion | ▼ -3.9 pp |
| 1998 | 17.1% | $114.92 Million | $673.96 Million | $559.05 Million | ▲ +5.2 pp |
| 1997 | 11.9% | $42.53 Million | $358.01 Million | $315.49 Million | ▼ -42.5 pp |
| 1996 | 54.4% | $76.44 Million | $140.56 Million | $64.12 Million | — |