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.
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. Also see how much is Fintech Ecosystem Development Corp worth for the company's overall valuation and market capitalisation.
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. Review FEXD liabilities breakdown to assess the company's total debt and financial obligations.
| 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. See FEXD share price today for real-time trading data and today's change.
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 |
|---|---|---|
|
HCM II Acquisition Corp. Unit
NASDAQ:HONDU
|
USA | $243.10 Million |
|
K2 Capital Acquisition Corporation
NASDAQ:KTWO
|
USA | $140.00 Million |
|
K&F Growth Acquisition Corp. II Class A Ordinary shares
NASDAQ:KFII
|
USA | $300.60 Million |
|
Centurion Acquisition Corp.
NASDAQ:ALF
|
USA | $310.95 Million |
|
Siddhi Acquisition Corp Class A Common stock
NASDAQ:SDHI
|
USA | $291.39 Million |
|
HCM IV Acquisition Corp. Class A Ordinary Share
NASDAQ:HACQ
|
USA | $292.15 Million |
|
Columbus Circle Capital Corp I Class A Ordinary Shares
NASDAQ:CCCM
|
USA | $252.55 Million |
|
Rithm Acquisition Corp.
NYSE:RAC
|
USA | $241.08 Million |
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