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Innovate (VATE) Interest Coverage Ratio (2016 - 2025)

Historic Interest Coverage Ratio for Innovate (VATE) over the last 17 years, with Q3 2025 value amounting to 0.26.

  • Innovate's Interest Coverage Ratio fell 633.06% to 0.26 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.2, marking a year-over-year decrease of 7125.73%. This contributed to the annual value of 0.54 for FY2024, which is 3817.91% up from last year.
  • Per Innovate's latest filing, its Interest Coverage Ratio stood at 0.26 for Q3 2025, which was down 633.06% from 0.23 recorded in Q2 2025.
  • Innovate's 5-year Interest Coverage Ratio high stood at 1.75 for Q2 2024, and its period low was 0.62 during Q2 2021.
  • For the 5-year period, Innovate's Interest Coverage Ratio averaged around 0.26, with its median value being 0.23 (2025).
  • Over the last 5 years, Innovate's Interest Coverage Ratio had its largest YoY gain of 121196.32% in 2023, and its largest YoY loss of 56153.85% in 2023.
  • Quarter analysis of 5 years shows Innovate's Interest Coverage Ratio stood at 0.55 in 2021, then dropped by 13.42% to 0.48 in 2022, then soared by 52.56% to 0.73 in 2023, then plummeted by 82.51% to 0.13 in 2024, then surged by 104.38% to 0.26 in 2025.
  • Its Interest Coverage Ratio was 0.26 in Q3 2025, compared to 0.23 in Q2 2025 and 0.17 in Q1 2025.