Finnovate Acquisition Corp Stock Current Liabilities
| FNVT Stock | USD 11.62 0.00 0.00% |
Finnovate Acquisition Corp fundamentals help investors to digest information that contributes to Finnovate Acquisition's financial success or failures. It also enables traders to predict the movement of Finnovate Stock. The fundamental analysis module provides a way to measure Finnovate Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Finnovate Acquisition stock.
Non Current Liabilities Total is likely to gain to about 53.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 1.5 M in 2024. Finnovate |
Finnovate Acquisition Corp Company Current Liabilities Analysis
Finnovate Acquisition's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Finnovate Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Finnovate Acquisition is extremely important. It helps to project a fair market value of Finnovate Stock properly, considering its historical fundamentals such as Current Liabilities. Since Finnovate Acquisition's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Finnovate Acquisition's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Finnovate Acquisition's interrelated accounts and indicators.
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Finnovate Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Finnovate Acquisition Corp has a Current Liabilities of 0.0. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
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Finnovate Acquisition ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Finnovate Acquisition's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Finnovate Acquisition's managers, analysts, and investors.Environmental | Governance | Social |
Finnovate Fundamentals
| Return On Equity | 0.59 | ||||
| Return On Asset | 0.0011 | ||||
| Current Valuation | 80.3 M | ||||
| Shares Outstanding | 6.71 M | ||||
| Shares Owned By Insiders | 63.34 % | ||||
| Shares Owned By Institutions | 33.43 % | ||||
| Number Of Shares Shorted | 113 | ||||
| Price To Book | 3.60 X | ||||
| EBITDA | 2.49 M | ||||
| Net Income | 2.49 M | ||||
| Cash And Equivalents | 604.19 K | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 1.34 M | ||||
| Debt To Equity | 0.72 % | ||||
| Current Ratio | 2.02 X | ||||
| Book Value Per Share | (0.60) X | ||||
| Cash Flow From Operations | (786.64 K) | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | 0.08 X | ||||
| Beta | 0.005 | ||||
| Market Capitalization | 77.98 M | ||||
| Total Asset | 51.24 M | ||||
| Retained Earnings | (2.8 M) | ||||
| Working Capital | (2.8 M) | ||||
| Net Asset | 51.24 M |
About Finnovate Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Finnovate Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Finnovate Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Finnovate Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Finnovate Stock Analysis
When running Finnovate Acquisition's price analysis, check to measure Finnovate Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Finnovate Acquisition is operating at the current time. Most of Finnovate Acquisition's value examination focuses on studying past and present price action to predict the probability of Finnovate Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finnovate Acquisition's price. Additionally, you may evaluate how the addition of Finnovate Acquisition to your portfolios can decrease your overall portfolio volatility.