FNVT
Price:
$11.62
Market Cap:
$77.98M
Finnovate Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to acquire Israel-related companies, including companies focused on payments, insuretech, wealthtech, regtech, digital banking, fintech as a service (FAAS), banking as a service (BAAS), cyber area for financial institutions, blockchain and crypto, algo-trading and exchanges, and lending and credit line platforms. Finnovate Acquisition Corp. was incorporated in 2021 and is based in George Town, the Cayman Islands.[Read more]
Industry
Shell Companies
IPO Date
2021-12-09
Stock Exchange
NASDAQ
Ticker
FNVT
According to Finnovate Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of 0.33% compared to the average of 0.02 of the last 4 quarters.
The mean historical Current Ratio of Finnovate Acquisition Corp. over the last ten years is 2.29. The current 0.02 Current Ratio has changed 1.53% with respect to the historical average. Over the past ten years (40 quarters), FNVT's Current Ratio was at its highest in in the March 2022 quarter at 12.32. The Current Ratio was at its lowest in in the March 2021 quarter at 0.
Average
2.29
Median
0.55
Minimum
0.01
Maximum
6.31
Discovering the peaks and valleys of Finnovate Acquisition Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 6.31
Minimum Annual Increase = -97.60%
Minimum Annual Current Ratio = 0.01
Year | Current Ratio | Change |
---|---|---|
2023 | 0.01 | -97.60% |
2022 | 0.55 | -91.27% |
The current Current Ratio of Finnovate Acquisition Corp. (FNVT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.29
5-year avg
2.29
10-year avg
2.29
Finnovate Acquisition Corp.’s Current Ratio is less than Pono Capital Two, Inc. (0), greater than Broad Capital Acquisition Corp. (0.01), greater than Welsbach Technology Metals Acquisition Corp. (0.00), less than The Growth for Good Acquisition Corporation (2.31), less than Forum Merger IV Corporation (0), less than Blue World Acquisition Corporation (0.06), greater than Bullpen Parlay Acquisition Company (0.02), less than Hawks Acquisition Corp (0.51), less than null (1.87),
Company | Current Ratio | Market cap |
---|---|---|
0 | $57.38M | |
0.01 | $35.11M | |
0.00 | $39.56M | |
2.31 | $341.44M | |
0 | $163.15M | |
0.06 | $28.44M | |
0.02 | $291.33M | |
0.51 | $100.12M | |
1.87 | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Finnovate Acquisition Corp. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Finnovate Acquisition Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Finnovate Acquisition Corp.'s Current Ratio?
How is the Current Ratio calculated for Finnovate Acquisition Corp. (FNVT)?
What is the highest Current Ratio for Finnovate Acquisition Corp. (FNVT)?
What is the 3-year average Current Ratio for Finnovate Acquisition Corp. (FNVT)?
What is the 5-year average Current Ratio for Finnovate Acquisition Corp. (FNVT)?
How does the current Current Ratio for Finnovate Acquisition Corp. (FNVT) compare to its historical average?