Growth Metrics

INNOVATE (VATE) Interest Coverage Ratio: 2009-2025

Historic Interest Coverage Ratio for INNOVATE (VATE) over the last 17 years, with Sep 2025 value amounting to 0.26.

  • INNOVATE's Interest Coverage Ratio fell 6.33% to 0.26 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.20, marking a year-over-year decrease of 71.26%. This contributed to the annual value of 0.54 for FY2024, which is 38.18% up from last year.
  • Per INNOVATE's latest filing, its Interest Coverage Ratio stood at 0.26 for Q3 2025, which was up 13.85% from 0.23 recorded in Q2 2025.
  • In the past 5 years, INNOVATE's Interest Coverage Ratio ranged from a high of 1.75 in Q2 2024 and a low of -0.62 during Q2 2021.
  • Its 3-year average for Interest Coverage Ratio is 0.40, with a median of 0.26 in 2025.
  • The largest annual percentage gain for INNOVATE's Interest Coverage Ratio in the last 5 years was 1,211.96% (2023), contrasted with its biggest fall of 561.54% (2023).
  • INNOVATE's Interest Coverage Ratio (Quarterly) stood at 0.55 in 2021, then dropped by 13.42% to 0.48 in 2022, then skyrocketed by 52.56% to 0.73 in 2023, then tumbled by 82.51% to 0.13 in 2024, then dropped by 6.33% to 0.26 in 2025.
  • Its last three reported values are 0.26 in Q3 2025, 0.23 for Q2 2025, and 0.17 during Q1 2025.