Company / Working Capital
INNOVATE Corp. Working Capital History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$582.6M
FY2025
5-year range
-$582.6M / $119.2M
FY2021-FY2025
Trend
-532.6%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Working Capital changed -533% YoY in FY2025, a notable deviation from the 4-year average annual change of +753%.
Based on SEC 10-K filings.
-$583M in FY2025.
Declined from $104M to -$583M over the past 2 years.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- INNOVATE Corp.'s working capital has declined for 3 consecutive years.
- In FY2025, working capital decreased 532.6% year-over-year.
- Peak working capital was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.77 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$582.6M | -532.6% |
| FY2024 | -$92.1M | -188.5% |
| FY2023 | $104.1M | -12.7% |
| FY2022 | $119.2M | +3745.2% |
| FY2021 | $3.1M | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026