Finnovate Acquisition Corp

NASDAQ:FNVT USA Shell Companies
Market Cap
$77.98 Million
Market Cap Rank
#23773 Global
#8275 in USA
Share Price
$11.62
Change (1 day)
+0.00%
52-Week Range
$11.62 - $11.62
All Time High
$11.69
About

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 focus on the acquisition of Israel-related companies, including companies focused on payments, insuretech, wealt… Read more

Finnovate Acquisition Corp (FNVT) - Total Liabilities

Latest total liabilities as of September 2024: $4.58 Million USD

Based on the latest financial reports, Finnovate Acquisition Corp (FNVT) has total liabilities worth $4.58 Million USD as of September 2024.

Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Finnovate Acquisition Corp - Total Liabilities Trend (2021–2023)

This chart illustrates how Finnovate Acquisition Corp's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Finnovate Acquisition Corp Competitors by Total Liabilities

The table below lists competitors of Finnovate Acquisition Corp ranked by their total liabilities.

Company Country Total Liabilities
Arcario AB
ST:ARCA
Sweden Skr15.02 Million
Chungdamglobal Co. Ltd.
KQ:362320
Korea ₩97.11 Billion
Rimbunan Sawit Bhd
KLSE:5113
Malaysia RM390.61 Million
Natural Beauty Bio-Technology Limited
PINK:NBBTF
USA $367.05 Million
Hi Sharp Electronics Co Ltd
TWO:3128
Taiwan NT$1.12 Billion
Ssangyong Information & Communications Corp
KQ:010280
Korea ₩247.88 Billion
Long Time Technology Co., Ltd.
TWO:6555
Taiwan NT$623.68 Million
Daxor Corporation
NASDAQ:DXR
USA $272.43K

Liability Composition Analysis (2021–2023)

This chart breaks down Finnovate Acquisition Corp's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio N/A Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity -1.01 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.18 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Finnovate Acquisition Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Finnovate Acquisition Corp (2021–2023)

The table below shows the annual total liabilities of Finnovate Acquisition Corp from 2021 to 2023.

Year Total Liabilities Change
2023-12-31 $2.83 Million +179.51%
2022-12-31 $1.01 Million +51.71%
2021-12-31 $668.40K --