Innovate Other Current Liab from 2010 to 2024

VATE Stock  USD 1.74  1.12  180.65%   
Innovate Corp's Other Current Liabilities is decreasing over the years with very volatile fluctuation. Other Current Liabilities is expected to dwindle to about 69.7 M. During the period from 2010 to 2024 Innovate Corp Other Current Liabilities annual values regression line had geometric mean of  146,125,542 and mean square error of 629962.7 T. View All Fundamentals
 
Other Current Liabilities  
First Reported
1996-09-30
Previous Quarter
73.4 M
Current Value
53 M
Quarterly Volatility
970.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innovate Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovate Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.1 M, Interest Expense of 42 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.0353, Dividend Yield of 0.0216 or Days Sales Outstanding of 87.02. Innovate financial statements analysis is a perfect complement when working with Innovate Corp Valuation or Volatility modules.
  
Check out the analysis of Innovate Corp Correlation against competitors.
For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.

Latest Innovate Corp's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Innovate Corp over the last few years. It is Innovate Corp's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innovate Corp's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Very volatile
   Other Current Liab   
       Timeline  

Innovate Other Current Liab Regression Statistics

Arithmetic Mean468,993,400
Geometric Mean146,125,542
Coefficient Of Variation163.93
Mean Deviation592,707,440
Median85,500,000
Standard Deviation768,801,536
Sample Variance591055.8T
Range2B
R-Value(0.10)
Mean Square Error629962.7T
R-Squared0.01
Significance0.72
Slope(17,450,564)
Total Sum of Squares8274781.2T

Innovate Other Current Liab History

202469.7 M
202373.4 M
202285.5 M
2021111.7 M
202074.7 M
2019153.9 M
2018240.2 M

About Innovate Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Innovate Corp income statement, its balance sheet, and the statement of cash flows. Innovate Corp investors use historical funamental indicators, such as Innovate Corp's Other Current Liab, to determine how well the company is positioned to perform in the future. Although Innovate Corp investors may use each financial statement separately, they are all related. The changes in Innovate Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Innovate Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Innovate Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Innovate Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Liabilities73.4 M69.7 M

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Additional Information and Resources on Investing in Innovate Stock

When determining whether Innovate Corp is a strong investment it is important to analyze Innovate Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innovate Corp's future performance. For an informed investment choice regarding Innovate Stock, refer to the following important reports:
Check out the analysis of Innovate Corp Correlation against competitors.
For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovate Corp. If investors know Innovate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovate Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.57)
Revenue Per Share
18.128
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0226
Return On Equity
(0.19)
The market value of Innovate Corp is measured differently than its book value, which is the value of Innovate that is recorded on the company's balance sheet. Investors also form their own opinion of Innovate Corp's value that differs from its market value or its book value, called intrinsic value, which is Innovate Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovate Corp's market value can be influenced by many factors that don't directly affect Innovate Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovate Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovate Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovate Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.