Innovate Debt-to-Equity Ratio Growth & History (VATE)
Innovate's debt-to-equity ratio was 0.31 for fiscal 2020.
View full Innovate company overviewInnovate annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2020 | 2020-12-31 | 0.31 | −1.90 | −85.86% |
| 2019 | 2019-12-31 | 2.22 | −6.23 | −73.76% |
| 2018 | 2018-12-31 | 8.44 | 0.33 | +4.05% |
| 2017 | 2017-12-31 | 8.11 | −1.58 | −16.27% |
| 2016 | 2016-12-31 | 9.69 | 9.13 | +1629.25% |
| 2015 | 2015-12-31 | 0.56 | −0.26 | −31.91% |
| 2014 | 2014-12-31 | 0.82 | 0.82 | — |
| 2013 | 2013-12-31 | 0.00 | −1.87 | — |
| 2012 | 2012-12-31 | 1.87 | −0.79 | −29.85% |
| 2011 | 2011-12-31 | 2.66 | −0.40 | −13.03% |
| 2010 | 2010-12-31 | 3.06 | — | — |
Innovate quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2021 | 2021-06-30 | 1.40 | — | — |
| Q4 2020 | 2020-12-31 | 0.31 | −1.90 | −85.86% |
| Q4 2019 | 2019-12-31 | 2.22 | −6.23 | −73.76% |
| Q3 2019 | 2019-09-30 | 2.03 | −1.78 | −46.73% |
| Q2 2019 | 2019-06-30 | 2.51 | −10.52 | −80.74% |
| Q1 2019 | 2019-03-31 | 3.27 | −42.41 | −92.84% |
| Q4 2018 | 2018-12-31 | 8.44 | 0.33 | +4.05% |
| Q3 2018 | 2018-09-30 | 3.80 | −4.07 | −51.71% |
| Q2 2018 | 2018-06-30 | 13.03 | 3.38 | +34.99% |
| Q1 2018 | 2018-03-31 | 45.68 | 35.65 | +355.65% |
| Q4 2017 | 2017-12-31 | 8.11 | −1.58 | −16.27% |
| Q3 2017 | 2017-09-30 | 7.88 | 4.92 | +166.49% |
| Q2 2017 | 2017-06-30 | 9.66 | 9.26 | +2349.53% |
| Q1 2017 | 2017-03-31 | 10.02 | 9.40 | +1512.05% |
| Q4 2016 | 2016-12-31 | 9.69 | 9.13 | +1629.25% |
| Q3 2016 | 2016-09-30 | 2.96 | 1.86 | +170.08% |
| Q2 2016 | 2016-06-30 | 0.39 | −0.47 | −54.27% |
| Q1 2016 | 2016-03-31 | 0.62 | −0.17 | −21.09% |
| Q4 2015 | 2015-12-31 | 0.56 | −0.26 | −31.91% |
| Q3 2015 | 2015-09-30 | 1.09 | −0.05 | −4.04% |
| Q2 2015 | 2015-06-30 | 0.86 | −0.42 | −32.90% |
| Q1 2015 | 2015-03-31 | 0.79 | 0.79 | — |
| Q4 2014 | 2014-12-31 | 0.82 | 0.82 | — |
| Q3 2014 | 2014-09-30 | 1.14 | — | — |
| Q2 2014 | 2014-06-30 | 1.28 | 0.64 | +100.47% |
| Q1 2014 | 2014-03-31 | 0.00 | −2.02 | — |
| Q4 2013 | 2013-12-31 | 0.00 | −1.87 | — |
| Q2 2013 | 2013-06-30 | 0.64 | −1.12 | −63.64% |
| Q1 2013 | 2013-03-31 | 2.02 | −0.72 | −26.33% |
| Q4 2012 | 2012-12-31 | 1.87 | −0.79 | −29.85% |
| Q3 2012 | 2012-09-30 | 0.99 | −1.63 | −62.24% |
| Q2 2012 | 2012-06-30 | 1.76 | −0.26 | −12.99% |
| Q1 2012 | 2012-03-31 | 2.75 | — | — |
| Q4 2011 | 2011-12-31 | 2.66 | −0.40 | −13.03% |
| Q3 2011 | 2011-09-30 | 2.62 | — | — |
| Q2 2011 | 2011-06-30 | 2.03 | — | — |
| Q4 2010 | 2010-12-31 | 3.06 | — | — |
Innovate debt-to-equity ratio trends
Over the last five fiscal years, Innovate's debt-to-equity ratio decreased from 0.56 to 0.31, a change of −0.25. The latest reported quarter, Q2 2021, shows 1.40.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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