Finnovate Acquisition Corp Stock Working Capital
| FNVT Stock | USD 11.62 0.00 0.00% |
Finnovate Acquisition Corp fundamentals help investors to digest information that contributes to Finnovate Acquisition's financial success or failures. It also enables traders to predict the movement of Finnovate Stock. The fundamental analysis module provides a way to measure Finnovate Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Finnovate Acquisition stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | -2.8 M | -2.7 M | |
| Change In Working Capital | 1.2 M | 1.3 M |
Finnovate |
Finnovate Acquisition Corp Company Working Capital Analysis
Finnovate Acquisition's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
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Working Capital | = | Current Assets | - | Current Liabilities |
Current Finnovate Acquisition Working Capital | (2.8 M) |
Most of Finnovate Acquisition's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Finnovate Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Finnovate Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Finnovate Acquisition is extremely important. It helps to project a fair market value of Finnovate Stock properly, considering its historical fundamentals such as Working Capital. Since Finnovate Acquisition's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Finnovate Acquisition's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Finnovate Acquisition's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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Finnovate Net Invested Capital
Net Invested Capital |
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According to the company's disclosures, Finnovate Acquisition Corp has a Working Capital of (2.8 Million). This is 100.06% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The working capital for all United States stocks is 100.19% higher than that of the company.
Finnovate Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Finnovate Acquisition's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Finnovate Acquisition could also be used in its relative valuation, which is a method of valuing Finnovate Acquisition by comparing valuation metrics of similar companies.Finnovate Acquisition is currently under evaluation in working capital category among its peers.
Finnovate Acquisition ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Finnovate Acquisition's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Finnovate Acquisition's managers, analysts, and investors.Environmental | Governance | Social |
Finnovate Fundamentals
| Return On Equity | 0.59 | |||
| Return On Asset | 0.0011 | |||
| Current Valuation | 80.3 M | |||
| Shares Outstanding | 6.71 M | |||
| Shares Owned By Insiders | 63.34 % | |||
| Shares Owned By Institutions | 33.43 % | |||
| Number Of Shares Shorted | 113 | |||
| Price To Book | 3.60 X | |||
| EBITDA | 2.49 M | |||
| Net Income | 2.49 M | |||
| Cash And Equivalents | 604.19 K | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 1.34 M | |||
| Debt To Equity | 0.72 % | |||
| Current Ratio | 2.02 X | |||
| Book Value Per Share | (0.60) X | |||
| Cash Flow From Operations | (786.64 K) | |||
| Short Ratio | 0.02 X | |||
| Earnings Per Share | 0.08 X | |||
| Beta | 0.005 | |||
| Market Capitalization | 77.98 M | |||
| Total Asset | 51.24 M | |||
| Retained Earnings | (2.8 M) | |||
| Working Capital | (2.8 M) | |||
| Net Asset | 51.24 M |
About Finnovate Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Finnovate Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Finnovate Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Finnovate Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Finnovate Stock Analysis
When running Finnovate Acquisition's price analysis, check to measure Finnovate Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Finnovate Acquisition is operating at the current time. Most of Finnovate Acquisition's value examination focuses on studying past and present price action to predict the probability of Finnovate Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finnovate Acquisition's price. Additionally, you may evaluate how the addition of Finnovate Acquisition to your portfolios can decrease your overall portfolio volatility.