Finnovate Free Cash Flow vs Other Non Cash Items Analysis

FNVT Stock

USD 11.62 0.03 0.26%

Finnovate Acquisition financial indicator trend analysis is much more than just examining Finnovate Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finnovate Acquisition is a good investment. Please check the relationship between Finnovate Acquisition Free Cash Flow and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finnovate Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Free Cash Flow vs Other Non Cash Items

Free Cash Flow vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finnovate Acquisition Free Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have totally related.

The correlation between Finnovate Acquisition's Free Cash Flow and Other Non Cash Items is 0.99. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Finnovate Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Finnovate Acquisition's Free Cash Flow and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Finnovate Acquisition Corp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Free Cash Flow i.e., Finnovate Acquisition's Free Cash Flow and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Other Non Cash Items

Most indicators from Finnovate Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finnovate Acquisition current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finnovate Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

At this time, Finnovate Acquisition's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 63.20 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.

	2010	2023	2024 (projected)
Interest Income	2.6M	5.4M	4.4M
Net Interest Income	2.6M	5.4M	4.4M

Interest Income Net Interest Income

Finnovate Acquisition fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock
Total Assets		-0.91	-0.43	-0.89	1.0	0.95	-0.83	-0.96	1.0	-0.9	0.86	1.0	0.12	0.78	0.95	0.86	0.99	-1.0	0.99	0.78	-0.91	1.0	0.9	1.0	0.95	1.0
Short Long Term Debt Total	-0.91		0.42	0.96	-0.91	-0.72	0.75	0.87	-0.93	0.97	-0.79	-0.91	-0.1	-0.72	-0.72	-0.79	-0.96	0.9	-0.91	-0.72	0.99	-0.91	-0.83	-0.91	-0.88	-0.91
Other Current Liab	-0.43	0.42		0.16	-0.43	-0.38	-0.14	0.15	-0.49	0.18	0.09	-0.44	-0.94	0.22	-0.38	0.09	-0.45	0.42	-0.32	0.22	0.28	-0.43	-0.01	-0.44	-0.14	-0.44
Total Current Liabilities	-0.89	0.96	0.16		-0.89	-0.73	0.89	0.93	-0.89	1.0	-0.91	-0.89	0.18	-0.88	-0.73	-0.91	-0.93	0.89	-0.92	-0.88	0.99	-0.89	-0.93	-0.89	-0.95	-0.89
Total Stockholder Equity	1.0	-0.91	-0.43	-0.89		0.94	-0.83	-0.96	1.0	-0.9	0.86	1.0	0.11	0.78	0.94	0.86	0.99	-1.0	0.99	0.78	-0.91	1.0	0.9	1.0	0.95	1.0
Other Liab	0.95	-0.72	-0.38	-0.73	0.94		-0.79	-0.91	0.93	-0.73	0.81	0.94	0.1	0.74	1.0	0.81	0.89	-0.95	0.94	0.74	-0.74	0.94	0.85	0.94	0.89	0.94
Net Tangible Assets	-0.83	0.75	-0.14	0.89	-0.83	-0.79		0.96	-0.8	0.89	-1.0	-0.83	0.46	-1.0	-0.79	-1.0	-0.82	0.84	-0.89	-1.0	0.84	-0.83	-0.99	-0.83	-0.96	-0.83
Net Debt	-0.96	0.87	0.15	0.93	-0.96	-0.91	0.96		-0.94	0.93	-0.97	-0.95	0.18	-0.93	-0.91	-0.97	-0.94	0.96	-0.99	-0.93	0.91	-0.96	-0.99	-0.95	-1.0	-0.95
Retained Earnings	1.0	-0.93	-0.49	-0.89	1.0	0.93	-0.8	-0.94		-0.9	0.83	1.0	0.17	0.74	0.93	0.83	0.99	-1.0	0.98	0.74	-0.92	1.0	0.88	1.0	0.93	1.0
Accounts Payable	-0.9	0.97	0.18	1.0	-0.9	-0.73	0.89	0.93	-0.9		-0.91	-0.89	0.16	-0.87	-0.73	-0.91	-0.93	0.89	-0.92	-0.87	0.99	-0.9	-0.93	-0.89	-0.94	-0.89
Cash	0.86	-0.79	0.09	-0.91	0.86	0.81	-1.0	-0.97	0.83	-0.91		0.86	-0.41	0.99	0.81	1.0	0.85	-0.87	0.92	0.99	-0.86	0.86	1.0	0.85	0.97	0.85
Non Current Assets Total	1.0	-0.91	-0.44	-0.89	1.0	0.94	-0.83	-0.95	1.0	-0.89	0.86		0.12	0.78	0.94	0.86	0.99	-1.0	0.99	0.78	-0.91	1.0	0.9	1.0	0.95	1.0
Non Currrent Assets Other	0.12	-0.1	-0.94	0.18	0.11	0.1	0.46	0.18	0.17	0.16	-0.41	0.12		-0.53	0.1	-0.41	0.12	-0.1	-0.01	-0.53	0.05	0.11	-0.32	0.12	-0.2	0.12
Other Assets	0.78	-0.72	0.22	-0.88	0.78	0.74	-1.0	-0.93	0.74	-0.87	0.99	0.78	-0.53		0.74	0.99	0.77	-0.79	0.85	1.0	-0.81	0.78	0.97	0.78	0.93	0.78
Long Term Debt	0.95	-0.72	-0.38	-0.73	0.94	1.0	-0.79	-0.91	0.93	-0.73	0.81	0.94	0.1	0.74		0.81	0.89	-0.95	0.94	0.74	-0.74	0.94	0.85	0.94	0.89	0.94
Cash And Short Term Investments	0.86	-0.79	0.09	-0.91	0.86	0.81	-1.0	-0.97	0.83	-0.91	1.0	0.86	-0.41	0.99	0.81		0.85	-0.87	0.92	0.99	-0.86	0.86	1.0	0.85	0.97	0.85
Common Stock Shares Outstanding	0.99	-0.96	-0.45	-0.93	0.99	0.89	-0.82	-0.94	0.99	-0.93	0.85	0.99	0.12	0.77	0.89	0.85		-0.99	0.98	0.77	-0.95	0.99	0.89	0.99	0.94	0.99
Non Current Liabilities Total	-1.0	0.9	0.42	0.89	-1.0	-0.95	0.84	0.96	-1.0	0.89	-0.87	-1.0	-0.1	-0.79	-0.95	-0.87	-0.99		-0.99	-0.79	0.91	-1.0	-0.91	-1.0	-0.96	-1.0
Other Current Assets	0.99	-0.91	-0.32	-0.92	0.99	0.94	-0.89	-0.99	0.98	-0.92	0.92	0.99	-0.01	0.85	0.94	0.92	0.98	-0.99		0.85	-0.93	0.99	0.95	0.99	0.98	0.99
Other Stockholder Equity	0.78	-0.72	0.22	-0.88	0.78	0.74	-1.0	-0.93	0.74	-0.87	0.99	0.78	-0.53	1.0	0.74	0.99	0.77	-0.79	0.85		-0.81	0.78	0.97	0.78	0.93	0.78
Total Liab	-0.91	0.99	0.28	0.99	-0.91	-0.74	0.84	0.91	-0.92	0.99	-0.86	-0.91	0.05	-0.81	-0.74	-0.86	-0.95	0.91	-0.93	-0.81		-0.91	-0.89	-0.91	-0.93	-0.91
Net Invested Capital	1.0	-0.91	-0.43	-0.89	1.0	0.94	-0.83	-0.96	1.0	-0.9	0.86	1.0	0.11	0.78	0.94	0.86	0.99	-1.0	0.99	0.78	-0.91		0.9	1.0	0.95	1.0
Total Current Assets	0.9	-0.83	-0.01	-0.93	0.9	0.85	-0.99	-0.99	0.88	-0.93	1.0	0.9	-0.32	0.97	0.85	1.0	0.89	-0.91	0.95	0.97	-0.89	0.9		0.9	0.99	0.9
Capital Stock	1.0	-0.91	-0.44	-0.89	1.0	0.94	-0.83	-0.95	1.0	-0.89	0.85	1.0	0.12	0.78	0.94	0.85	0.99	-1.0	0.99	0.78	-0.91	1.0	0.9		0.95	1.0
Net Working Capital	0.95	-0.88	-0.14	-0.95	0.95	0.89	-0.96	-1.0	0.93	-0.94	0.97	0.95	-0.2	0.93	0.89	0.97	0.94	-0.96	0.98	0.93	-0.93	0.95	0.99	0.95		0.95
Common Stock	1.0	-0.91	-0.44	-0.89	1.0	0.94	-0.83	-0.95	1.0	-0.89	0.85	1.0	0.12	0.78	0.94	0.85	0.99	-1.0	0.99	0.78	-0.91	1.0	0.9	1.0	0.95

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Finnovate Acquisition Account Relationship Matchups

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Finnovate Free Cash Flow vs Other Non Cash Items Analysis

Free Cash Flow vs Other Non Cash Items

Free Cash Flow vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Free Cash Flow

Other Non Cash Items

Finnovate Acquisition fundamental ratios Correlations

Finnovate Acquisition Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Finnovate Stock Analysis

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Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets

Common Stock	- 1.0	Non Current Liabilities Total
Capital Stock	- 1.0	Non Current Liabilities Total
Net Invested Capital	- 1.0	Non Current Liabilities Total
Non Current Liabilities Total	- 1.0	Non Current Assets Total
Non Current Liabilities Total	- 1.0	Retained Earnings
Net Working Capital	- 1.0	Net Debt