Fintech Ecosystem Development Corp (FEXD) - Total Assets
Based on the latest financial reports, Fintech Ecosystem Development Corp (FEXD) holds total assets worth $42.62 Million USD as of June 2023. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Fintech Ecosystem Development Corp cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Fintech Ecosystem Development Corp - Total Assets Trend (2021–2022)
This chart illustrates how Fintech Ecosystem Development Corp's total assets have evolved over time, based on quarterly financial data. See Fintech Ecosystem Development Corp shareholders equity for net asset value and shareholders' equity analysis.
Fintech Ecosystem Development Corp - Asset Composition Analysis
Current Asset Composition (December 2022)
Fintech Ecosystem Development Corp's total assets of $42.62 Million consist of 0.0% current assets and 100.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2022)
This chart illustrates how Fintech Ecosystem Development Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see FEXD market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fintech Ecosystem Development Corp's current assets represent 0.0% of total assets in 2022, a decrease from 0.6% in 2021.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2022, down from 0.5% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Fintech Ecosystem Development Corp Competitors by Total Assets
Key competitors of Fintech Ecosystem Development Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Metal Sky Star Acquisition Corporation Ordinary shares
NASDAQ:MSSA
|
USA | $1.03 Million |
|
Cantor Equity Partners III, Inc. Class A Ordinary Shares
NASDAQ:CAEP
|
USA | $284.57 Million |
|
ProCap Acquisition Corp Class A Ordinary Shares
NASDAQ:PCAP
|
USA | $259.27 Million |
|
M3-Brigade Acquisition V Corp. Units
NASDAQ:MBAVU
|
USA | $308.18 Million |
|
Spring Valley Acquisition Corp. IV Class A Ordinary Shares
NASDAQ:SVIV
|
USA | $232.30 Million |
|
Launchpad Cadenza Acquisition Corp I Class A Ordinary Share
NASDAQ:LPCV
|
USA | $231.72 Million |
|
Tavia Acquisition Corp. Ordinary Shares
NASDAQ:TAVI
|
USA | $122.30 Million |
|
Harvard Ave Acquisition Corporation Class A Ordinary Share
NASDAQ:HAVA
|
USA | $96.82K |
Fintech Ecosystem Development Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 1.18 | 0.06 |
| Quick Ratio | 0.01 | 1.18 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.75 Million | $15.71K | $-75.85K |
Fintech Ecosystem Development Corp - Advanced Valuation Insights
This section examines the relationship between Fintech Ecosystem Development Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.14 |
| Latest Market Cap to Assets Ratio | 0.62 |
| Asset Growth Rate (YoY) | 1.8% |
| Total Assets | $119.03 Million |
| Market Capitalization | $74.36 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fintech Ecosystem Development Corp's assets below their book value (0.62x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Fintech Ecosystem Development Corp's assets grew by 1.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Fintech Ecosystem Development Corp (2021–2022)
The table below shows the annual total assets of Fintech Ecosystem Development Corp from 2021 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $119.03 Million | +1.83% |
| 2021-12-31 | $116.89 Million | -- |
About Fintech Ecosystem Development Corp
Fintech Ecosystem Development Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the financial technology development sector in South Asia. Fintech Ecosystem Development Corp. was incorporated… Read more