Growth Metrics

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

Innovate (VATE) has 16 years of Interest Coverage Ratio data on record, last reported at 0.26 in Q3 2025.

  • For Q3 2025, Interest Coverage Ratio fell 6.33% year-over-year to 0.26; the TTM value through Sep 2025 reached 0.2, down 71.26%, while the annual FY2024 figure was 0.54, 38.18% up from the prior year.
  • Interest Coverage Ratio reached 0.26 in Q3 2025 per VATE's latest filing, up from 0.23 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 1.75 in Q2 2024 and bottomed at 0.62 in Q2 2021.
  • Average Interest Coverage Ratio over 5 years is 0.26, with a median of 0.23 recorded in 2025.
  • The widest YoY moves for Interest Coverage Ratio: up 1211.96% in 2023, down 561.54% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 0.55 in 2021, then decreased 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.
  • Per Business Quant database, its latest 3 readings for Interest Coverage Ratio were 0.26 in Q3 2025, 0.23 in Q2 2025, and 0.17 in Q1 2025.