Fintech Ecosystem Development Corp Working Capital to Net Assets Ratio
Fintech Ecosystem Development Corp 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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Fintech Ecosystem Development Corp (2021–2022)
Working capital to net assets ratio of Fintech Ecosystem Development Corp from 2021 to 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. Read debt load of Fintech Ecosystem Development Corp for a breakdown of total debt and financial obligations.
Fintech Ecosystem Development Corp Working Capital to Net Assets Ratio by Year (2021–2022)
Fintech Ecosystem Development Corp working capital to net assets ratio by year from 2021 to 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 the complete balance sheet picture, see Fintech Ecosystem Development Corp asset portfolio.
| 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 | — |