Innovate Corp Working Capital to Net Assets Ratio
Innovate Corp working capital to net assets ratio. Innovate Corp (VATE) has a Working Capital to Net Assets ratio of 264.4% as of March 2026. Working capital of $-613.90 Million (current assets of $405.90 Million minus current liabilities of $1.02 Billion) is measured against net assets of $-232.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Innovate Corp to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Innovate Corp (1996–2025)
Working capital to net assets ratio of Innovate Corp from 1996 to 2025. This chart shows how Innovate Corp's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 264.4%, reflecting working capital of $-613.90 Million against net assets of $-232.20 Million USD. See VATE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Innovate Corp Working Capital to Net Assets Ratio by Year (1996–2025)
Innovate Corp working capital to net assets ratio by year from 1996 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Innovate Corp from 1996 to 2025, covering 30 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Innovate Corp assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 270.6% | $-582.60 Million | $-215.30 Million | $451.50 Million | $1.03 Billion | ▲ +212.8 pp |
| 2024 | 57.8% | $-92.30 Million | $-159.80 Million | $391.40 Million | $483.70 Million | ▲ +106.2 pp |
| 2023 | -48.4% | $73.90 Million | $-152.70 Million | $518.50 Million | $444.60 Million | ▲ +354.3 pp |
| 2022 | -402.7% | $119.20 Million | $-29.60 Million | $536.40 Million | $417.20 Million | ▼ -357.8 pp |
| 2021 | -44.9% | $3.10 Million | $-6.90 Million | $442.60 Million | $439.50 Million | ▼ -92.7 pp |
| 2020 | 47.8% | $294.10 Million | $615.90 Million | $6.23 Billion | $5.93 Billion | ▲ +870.7 pp |
| 2019 | -822.9% | $-3.83 Billion | $465.20 Million | $1.39 Billion | $5.22 Billion | ▼ -3256.5 pp |
| 2018 | 2433.6% | $4.91 Billion | $201.70 Million | $5.25 Billion | $344.90 Million | ▲ +1384.6 pp |
| 2017 | 1049.0% | $1.99 Billion | $189.73 Million | $2.36 Billion | $367.16 Million | ▼ -1740.4 pp |
| 2016 | 2789.4% | $1.95 Billion | $69.97 Million | $2.25 Billion | $294.95 Million | ▲ +1169.3 pp |
| 2015 | 1620.0% | $1.95 Billion | $120.65 Million | $2.20 Billion | $246.59 Million | ▲ +1508.3 pp |
| 2014 | 111.7% | $126.05 Million | $112.83 Million | $331.63 Million | $205.58 Million | ▲ +32.3 pp |
| 2013 | 79.4% | $43.20 Million | $54.41 Million | $74.90 Million | $31.70 Million | ▲ +67.0 pp |
| 2012 | 12.4% | $8.50 Million | $68.50 Million | $86.93 Million | $78.42 Million | ▲ +19.9 pp |
| 2011 | -7.5% | $-7.63 Million | $101.71 Million | $138.20 Million | $145.83 Million | ▼ -8.6 pp |
| 2010 | 1.1% | $933.00K | $83.03 Million | $137.80 Million | $136.87 Million | ▲ +18.0 pp |
| 2009 | -16.8% | $-16.83 Million | $99.91 Million | $147.03 Million | $163.85 Million | ▼ -146.1 pp |
| 2008 | 129.3% | $-596.76 Million | $-461.54 Million | $152.33 Million | $749.09 Million | ▲ +124.5 pp |
| 2007 | 4.8% | $-21.32 Million | $-447.54 Million | $223.89 Million | $245.22 Million | ▼ -5.2 pp |
| 2006 | 10.0% | $-46.77 Million | $-468.25 Million | $206.61 Million | $253.37 Million | ▼ -6.3 pp |
| 2005 | 16.3% | $-38.60 Million | $-236.33 Million | $216.81 Million | $255.41 Million | ▼ -26.3 pp |
| 2004 | 42.6% | $-46.35 Million | $-108.76 Million | $277.34 Million | $323.69 Million | ▲ +15.8 pp |
| 2003 | 26.9% | $-25.88 Million | $-96.37 Million | $301.81 Million | $327.69 Million | ▼ -11.7 pp |
| 2002 | 38.6% | $-64.77 Million | $-167.83 Million | $286.02 Million | $350.79 Million | ▲ +6.3 pp |
| 2001 | 32.3% | $-57.63 Million | $-178.48 Million | $313.92 Million | $371.54 Million | ▼ -278.4 pp |
| 2000 | 310.7% | $260.00 Million | $83.69 Million | $674.05 Million | $414.05 Million | ▲ +113.2 pp |
| 1999 | 197.4% | $378.01 Million | $191.49 Million | $719.85 Million | $341.84 Million | ▲ +104.1 pp |
| 1998 | 93.3% | $107.19 Million | $114.92 Million | $267.96 Million | $160.77 Million | ▼ -179.5 pp |
| 1997 | 272.8% | $116.00 Million | $42.53 Million | $201.33 Million | $85.33 Million | ▲ +221.4 pp |
| 1996 | 51.4% | $39.28 Million | $76.44 Million | $96.73 Million | $57.44 Million | — |