Finnovate Acquisition Corp.
NASDAQ Global MarketTotal Valuation
Finnovate Acquisition Corp. carries a market capitalization of 26.13M, placing it among publicly traded companies globally. Its enterprise value stands at 2.31M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 26.13M |
| Enterprise Value | 2.31M |
Share Statistics
Finnovate Acquisition Corp. currently has 6.71M shares outstanding.
| Shares Outstanding | 6.71M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Financial Position
Finnovate Acquisition Corp. maintains a current ratio of 0.02, meaning it holds 0.0x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 0.02 |
| Quick Ratio | 0.01 |
| Debt / Equity | 10.83 |
| Debt / EBITDA | -1.22 |
| Interest Coverage | N/A |
Financial Efficiency
Finnovate Acquisition Corp. posts a return on equity of 0.80 and a return on invested capital of -5.30.
| Return on Equity (ROE) | 0.80 |
| Return on Assets (ROA) | 0.74 |
| Return on Invested Capital (ROIC) | -5.30 |
| Return on Capital Employed (ROCE) | N/A |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Stock Price Statistics
Finnovate Acquisition Corp.'s stock has gained approximately 0% over the past 52 weeks. The 50-day moving average sits at 0.02, while the 200-day moving average is 0.02.
| Beta (5Y) | N/A |
| 52-Week Price Change | 0% |
| 50-Day Moving Average | 0.02 |
| 200-Day Moving Average | 0.02 |
| Average Volume (20 Days) | N/A |
Income Statement
EBITDA reached -1.92M, while operating income came in at -1.92M.
| Revenue | N/A |
| Gross Profit | N/A |
| Operating Income | -1.92M |
| Pretax Income | 281,026.00 |
| Net Income | 281,026.00 |
| EBITDA | -1.92M |
| EBIT | -1.92M |
| Earnings Per Share (EPS) | N/A |
Balance Sheet
Finnovate Acquisition Corp. holds 35,523.00 in cash and equivalents against 2.35M in total debt, resulting in a net debt position of 2.31M. Total book value stands at 21.69M, with working capital of -4.05M providing operational flexibility.
| Cash & Cash Equivalents | 35,523.00 |
| Total Debt | 2.35M |
| Net Debt | 2.31M |
| Equity (Book Value) | 21.69M |
| Book Value Per Share | N/A |
| Working Capital | -4.05M |
Cash Flow
Finnovate Acquisition Corp. produced -1.04M in operating cash flow over the past twelve months.
| Operating Cash Flow | -1.04M |
| Capital Expenditures | N/A |
| Free Cash Flow | -1.04M |
| FCF Per Share | N/A |
Scores
Finnovate Acquisition Corp. posts an Altman Z-Score of -0.65, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | -0.65 |