Finnovate Acquisition Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Finnovate Acquisition Corp.'s balance sheet done over the years? Its assets were worth $51,237,770 last year, which is less than in the previous period. 6% of Finnovate Acquisition Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $2,834,308, which means an increase by 180% compared compared to last year.
Debt to Assets
| 2021 | 177633484 | 668.39K | 0.38% |
|---|---|---|---|
| 2022 | 179089740 | 1.01M | 0.57% |
| 2023 | 51237770 | 2.83M | 5.53% |
FNVTW Balance Sheet (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 37 | 244.17K | 1.01M |
Short term investments | 0 | 0 | 0 |
Net receivables | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 |
Other current assets | 37.38K | 314.50K | 367.52K |
Total current assets | 37.42K | 558.68K | 1.37M |
Non-current assets: | |||
Property, Plant and Equipment | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 |
Long term investments | 51.20M | 178.53M | 175.95M |
Other non-current assets | 0 | 0 | 302.08K |
Total non-current assets | 51.20M | 178.53M | 176.25M |
Total assets | 51.23M | 179.08M | 177.63M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 0 | 0 | 0 |
Short term debt | 1.34M | 449.76K | 0 |
Total current liabilities | 2.83M | 1.01M | 218.63K |
| Non-current liabilities: | |||
Long term debt | 0 | 0 | 449.76K |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 0 | 972.56K | 0 |
Total non-current liabilities | 0 | 972.56K | 449.76K |
Total liabilities | 2.83M | 1.01M | 668.39K |
| Data source | Data source | Data source |