Fintech Ecosystem Development Corp (FEXD) — Working Capital to Net Assets Ratio
Fintech Ecosystem Development Corp (FEXD) has a Working Capital to Net Assets ratio of -10.8% as of June 2023. Working capital of $-3.75 Million (current assets of $40.88K minus current liabilities of $3.79 Million) is measured against net assets of $34.74 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See FEXD net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fintech Ecosystem Development Corp Working Capital to Net Assets (2021–2022)
This chart shows how Fintech Ecosystem Development Corp's Working Capital to Net Assets ratio has evolved across 2 annual periods from 2021 to 2022. As of June 2023, the ratio stands at -10.8%, reflecting working capital of $-3.75 Million against net assets of $34.74 Million USD. Check FEXD intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Fintech Ecosystem Development Corp (2021–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fintech Ecosystem Development Corp from 2021 to 2022, covering 2 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Fintech Ecosystem Development Corp.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -1.6% | $-1.76 Million | $112.45 Million | $49.29K | $1.81 Million | ▼ -2.0 pp |
| 2021 | 0.5% | $519.94K | $107.54 Million | $699.31K | $179.37K | — |