Finnovate Cash vs Short Long Term Debt Total 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 Cash and its Short Long Term Debt Total 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.

Cash vs Short Long Term Debt Total

Cash vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finnovate Acquisition Cash account and Short Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Finnovate Acquisition's Cash and Short Long Term Debt Total is -0.79. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Long Term Debt Total 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 Cash and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Finnovate Acquisition Corp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Cash i.e., Finnovate Acquisition's Cash and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Finnovate Acquisition, which is listed under current asset account on Finnovate Acquisition Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Finnovate Acquisition customers. The amounts must be unrestricted with restricted cash listed in a different Finnovate Acquisition account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Short Long Term Debt Total

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 Income2.6M5.4M4.4M
Net Interest Income2.6M5.4M4.4M

Finnovate Acquisition fundamental ratios Correlations

-0.91-0.43-0.891.00.95-0.83-0.961.0-0.90.861.00.120.780.950.860.99-1.00.990.78-0.911.00.91.00.951.0
-0.910.420.96-0.91-0.720.750.87-0.930.97-0.79-0.91-0.1-0.72-0.72-0.79-0.960.9-0.91-0.720.99-0.91-0.83-0.91-0.88-0.91
-0.430.420.16-0.43-0.38-0.140.15-0.490.180.09-0.44-0.940.22-0.380.09-0.450.42-0.320.220.28-0.43-0.01-0.44-0.14-0.44
-0.890.960.16-0.89-0.730.890.93-0.891.0-0.91-0.890.18-0.88-0.73-0.91-0.930.89-0.92-0.880.99-0.89-0.93-0.89-0.95-0.89
1.0-0.91-0.43-0.890.94-0.83-0.961.0-0.90.861.00.110.780.940.860.99-1.00.990.78-0.911.00.91.00.951.0
0.95-0.72-0.38-0.730.94-0.79-0.910.93-0.730.810.940.10.741.00.810.89-0.950.940.74-0.740.940.850.940.890.94
-0.830.75-0.140.89-0.83-0.790.96-0.80.89-1.0-0.830.46-1.0-0.79-1.0-0.820.84-0.89-1.00.84-0.83-0.99-0.83-0.96-0.83
-0.960.870.150.93-0.96-0.910.96-0.940.93-0.97-0.950.18-0.93-0.91-0.97-0.940.96-0.99-0.930.91-0.96-0.99-0.95-1.0-0.95
1.0-0.93-0.49-0.891.00.93-0.8-0.94-0.90.831.00.170.740.930.830.99-1.00.980.74-0.921.00.881.00.931.0
-0.90.970.181.0-0.9-0.730.890.93-0.9-0.91-0.890.16-0.87-0.73-0.91-0.930.89-0.92-0.870.99-0.9-0.93-0.89-0.94-0.89
0.86-0.790.09-0.910.860.81-1.0-0.970.83-0.910.86-0.410.990.811.00.85-0.870.920.99-0.860.861.00.850.970.85
1.0-0.91-0.44-0.891.00.94-0.83-0.951.0-0.890.860.120.780.940.860.99-1.00.990.78-0.911.00.91.00.951.0
0.12-0.1-0.940.180.110.10.460.180.170.16-0.410.12-0.530.1-0.410.12-0.1-0.01-0.530.050.11-0.320.12-0.20.12
0.78-0.720.22-0.880.780.74-1.0-0.930.74-0.870.990.78-0.530.740.990.77-0.790.851.0-0.810.780.970.780.930.78
0.95-0.72-0.38-0.730.941.0-0.79-0.910.93-0.730.810.940.10.740.810.89-0.950.940.74-0.740.940.850.940.890.94
0.86-0.790.09-0.910.860.81-1.0-0.970.83-0.911.00.86-0.410.990.810.85-0.870.920.99-0.860.861.00.850.970.85
0.99-0.96-0.45-0.930.990.89-0.82-0.940.99-0.930.850.990.120.770.890.85-0.990.980.77-0.950.990.890.990.940.99
-1.00.90.420.89-1.0-0.950.840.96-1.00.89-0.87-1.0-0.1-0.79-0.95-0.87-0.99-0.99-0.790.91-1.0-0.91-1.0-0.96-1.0
0.99-0.91-0.32-0.920.990.94-0.89-0.990.98-0.920.920.99-0.010.850.940.920.98-0.990.85-0.930.990.950.990.980.99
0.78-0.720.22-0.880.780.74-1.0-0.930.74-0.870.990.78-0.531.00.740.990.77-0.790.85-0.810.780.970.780.930.78
-0.910.990.280.99-0.91-0.740.840.91-0.920.99-0.86-0.910.05-0.81-0.74-0.86-0.950.91-0.93-0.81-0.91-0.89-0.91-0.93-0.91
1.0-0.91-0.43-0.891.00.94-0.83-0.961.0-0.90.861.00.110.780.940.860.99-1.00.990.78-0.910.91.00.951.0
0.9-0.83-0.01-0.930.90.85-0.99-0.990.88-0.931.00.9-0.320.970.851.00.89-0.910.950.97-0.890.90.90.990.9
1.0-0.91-0.44-0.891.00.94-0.83-0.951.0-0.890.851.00.120.780.940.850.99-1.00.990.78-0.911.00.90.951.0
0.95-0.88-0.14-0.950.950.89-0.96-1.00.93-0.940.970.95-0.20.930.890.970.94-0.960.980.93-0.930.950.990.950.95
1.0-0.91-0.44-0.891.00.94-0.83-0.951.0-0.890.851.00.120.780.940.850.99-1.00.990.78-0.911.00.91.00.95
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Finnovate Acquisition Account Relationship Matchups

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