INNOVATE Corp.

Total Valuation

INNOVATE Corp. carries a market capitalization of 97.68M, placing it among publicly traded companies globally. Its enterprise value stands at 862.69M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Share Statistics

INNOVATE Corp. currently has 13.64M shares outstanding.

Valuation Ratios

The price-to-sales ratio is 0.16, and the price-to-book ratio stands at -1.05.

Enterprise Valuation

On an enterprise value basis, INNOVATE Corp. trades at an EV/EBITDA multiple of 9.14 and an EV/FCF ratio of 2.66. The EV/Sales ratio of 0.57 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 13.29 provides insight into valuation relative to core operating earnings.

Financial Position

INNOVATE Corp. maintains a current ratio of 0.44, meaning it holds 0.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -297.04, indicating conservative leverage, while an interest coverage ratio of 0.95 demonstrates limited ability to service its debt obligations.

Financial Efficiency

Taxes

Over the trailing twelve months, INNOVATE Corp. has paid 7.20M in income taxes, reflecting an effective tax rate of 51.37.

Stock Price Statistics

INNOVATE Corp.'s stock has gained approximately 41.78218% over the past 52 weeks. The 50-day moving average sits at 8.52, while the 200-day moving average is 8.60.

Income Statement

Over the trailing twelve months, INNOVATE Corp. generated 1.52B in revenue and converted that into -22.40M in net income, yielding earnings per share of -1.62. EBITDA reached 94.40M, while operating income came in at 64.90M.

Balance Sheet

INNOVATE Corp. holds 87.80M in cash and equivalents against 682.30M in total debt, resulting in a net debt position of 528.20M. Total book value stands at -243.20M, with working capital of -603.50M providing operational flexibility.

Cash Flow

INNOVATE Corp. produced 141.20M in operating cash flow over the past twelve months. After subtracting -35.20M in capital expenditures, free cash flow totaled 106.00M - equivalent to 7.95 per share.

Margins

INNOVATE Corp. operates with a gross margin of 15.93, reflecting its pricing power and cost economics. The operating margin of 4.28 and net profit margin of -1.48 provide insight into operational efficiency.

Dividends & Yields

The company's payout ratio of -0.87 indicates the proportion of earnings distributed to shareholders.

Stock Splits

INNOVATE Corp.'s most recent stock split took place on August 9, 2024 with a 10:1 split ratio.

Scores

INNOVATE Corp. posts an Altman Z-Score of 0.34, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.