Finnovate Non Current Liabilities Total vs Total Assets Analysis
FNVT Stock | USD 11.62 0.00 0.00% |
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 Non Current Liabilities Total and its Total Assets 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.
Non Current Liabilities Total vs Total Assets
Non Current Liabilities Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finnovate Acquisition Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Finnovate Acquisition's Non Current Liabilities Total and Total Assets is -1.0. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets 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 Non Current Liabilities Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Finnovate Acquisition Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., Finnovate Acquisition's Non Current Liabilities Total and Total Assets go up and down completely randomly.
Correlation Coefficient | -1.0 |
Relationship Direction | Negative |
Relationship Strength | Strong |
Non Current Liabilities Total
Total Assets
Total assets refers to the total amount of Finnovate Acquisition assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Finnovate Acquisition books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 |
Finnovate Acquisition fundamental ratios Correlations
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Finnovate Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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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.