Innovate Corp Tangible Net Worth Ratio
Innovate Corp tangible net worth ratio. Innovate Corp (VATE) has a Tangible Net Worth Ratio of -1266.0% as of September 2021. This metric is calculated by deducting intangible assets ($213.10 Million) from net assets ($15.60 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Innovate Corp strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Innovate Corp (1996–2020)
Tangible net worth ratio of Innovate Corp from 1996 to 2020. This chart shows how Innovate Corp's Tangible Net Worth Ratio has changed across 17 annual periods from 1996 to 2020. As of September 2021, the ratio stands at -1266.0%, reflecting net assets of $15.60 Million with intangible assets of $213.10 Million USD. See VATE working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Innovate Corp Tangible Net Worth Ratio by Year (1996–2020)
Innovate Corp tangible net worth ratio by year from 1996 to 2020. The table below presents the year-by-year Tangible Net Worth Ratio for Innovate Corp from 1996 to 2020, covering 17 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Innovate Corp market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 72.1% | $615.90 Million | $172.10 Million | $6.72 Billion | ▲ +17.3 pp |
| 2019 | 54.7% | $465.20 Million | $210.60 Million | $6.96 Billion | ▲ +63.4 pp |
| 2018 | -8.7% | $201.70 Million | $219.20 Million | $6.50 Billion | ▼ -47.0 pp |
| 2017 | 38.3% | $189.73 Million | $117.11 Million | $3.22 Billion | ▼ -4.9 pp |
| 2016 | 43.2% | $69.97 Million | $39.72 Million | $2.84 Billion | ▼ -32.4 pp |
| 2015 | 75.6% | $120.65 Million | $29.41 Million | $2.74 Billion | ▲ +3.2 pp |
| 2014 | 72.4% | $112.83 Million | $31.14 Million | $724.05 Million | ▼ -27.6 pp |
| 2013 | 100.0% | $54.41 Million | $0.00 | $87.68 Million | ▲ +92.0 pp |
| 2012 | 8.0% | $68.50 Million | $63.02 Million | $301.19 Million | ▲ +41.4 pp |
| 2011 | -33.4% | $101.71 Million | $135.68 Million | $543.82 Million | ▲ +44.5 pp |
| 2010 | -77.9% | $83.03 Million | $147.75 Million | $514.46 Million | ▲ +1.0 pp |
| 2009 | -79.0% | $99.91 Million | $178.81 Million | $558.91 Million | ▲ +489.6 pp |
| 2000 | -568.6% | $83.69 Million | $559.55 Million | $1.75 Billion | ▼ -458.6 pp |
| 1999 | -110.0% | $191.49 Million | $402.03 Million | $1.45 Billion | ▼ -31.5 pp |
| 1998 | -78.4% | $114.92 Million | $205.04 Million | $673.96 Million | ▼ -100.4 pp |
| 1997 | 22.0% | $42.53 Million | $33.16 Million | $358.01 Million | ▼ -50.2 pp |
| 1996 | 72.2% | $76.44 Million | $21.25 Million | $140.56 Million | — |