Fintech Ecosystem Development Corp (FEXD) — Net Asset Quality Index
Fintech Ecosystem Development Corp (FEXD) has a Net Asset Quality Index of 81.5% as of June 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $42.62 Million minus total liabilities of $7.89 Million yields net assets of $34.74 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore FEXD asset base for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
Fintech Ecosystem Development Corp Net Asset Quality Index Over Time (2021–2022)
This chart shows how Fintech Ecosystem Development Corp's Net Asset Quality Index has evolved across 2 annual periods from 2021 to 2022. As of June 2023, the index stands at 81.5%, representing net assets of $34.74 Million against total assets of $42.62 Million USD. See how liquid is Fintech Ecosystem Development Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Fintech Ecosystem Development Corp (2021–2022)
The table below presents the year-by-year Net Asset Quality Index for Fintech Ecosystem Development Corp from 2021 to 2022, covering 2 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see how much is Fintech Ecosystem Development Corp worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 94.5% | $112.45 Million | $119.03 Million | $6.59 Million | ▲ +2.5 pp |
| 2021 | 92.0% | $107.54 Million | $116.89 Million | $9.35 Million | — |