Finnovate Acquisition Quick Ratio (FNVTU) starting from the first quarter 2025 to first quarter 2024, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
CSIMarket
 


Finnovate Acquisition Corp   (NASDAQ: FNVTU)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial

Finnovate Acquisition 's Quick Ratio

FNVTU's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Finnovate Acquisition 's Cash & cash equivalent grew by 12874.25 % in the Q1 2025 sequentially, while Current Liabilities decreased, this led to improvement in Finnovate Acquisition 's Quick Ratio to 0.05, Quick Ratio remained below Finnovate Acquisition Corp average.

Within Blank Checks industry 36 other companies have achieved higher Quick Ratio than Finnovate Acquisition in first quarter 2025. While Quick Ratio total ranking has improved so far during the Q1 2025 to 3747, from total ranking in the fourth quarter 2024 at 4629.

Explain Quick Ratio?
How much Cash & cash equivalents FNVTU´s has?
What are FNVTU´s Current Liabilities?




FNVTU Quick Ratio (Mar 31 2025)
Q1
(Dec 31 2024)
Q4
(Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
Y / Y Current Liabilities Change -47.04 % 80.35 % 195.12 % 287.7 % 415.19 %
Y / Y Cash & cash equivalent Change 1735.39 % 1978.38 % 771.4 % 42189.29 % -94.22 %
Quick Ratio MRQ 0.05 0 0 0.01 0
FNVTU's Total Ranking # 3747 # 4629 # 4609 # 3347 # 3163
Seq. Current Liabilities Change -63.74 % 11.56 % 10.55 % 18.41 % 23.5 %
Seq. Cash & cash equivalent Change 12874.25 % -89.82 % -78.73 % 553.48 % 14591.89 %



Quick Ratio first quarter 2025 Company Ranking
Within: No.
Blank Checks Industry # 37
Financial Sector # 688
Overall Market # 3747


Quick Ratio Statistics
High Average Low
8.01 1.08 0
(Mar 31 2022)   (Dec 31 2023)




Financial Statements
Finnovate Acquisition 's Current Liabilities $ 2 Millions Visit FNVTU's Balance sheet
Finnovate Acquisition 's Cash & cash equivalent $ 0 Millions Visit FNVTU's Balance sheet
Source of FNVTU's Sales Visit FNVTU's Sales by Geography


Cumulative Finnovate Acquisition 's Quick Ratio

FNVTU's Quick Ratio for the trailling 12 Months

FNVTU Quick Ratio

(Mar 31 2025)
12 Months
(Dec 31 2024)
12 Months
(Sep 30 2024)
12 Months
(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
Y / Y Current Liabilities TTM Growth 75.21 % 182.6 % 249.04 % 254.9 % 217.99 %
Y / Y Cash & cash equivalent TTM Growth 2135.66 % -48.18 % -85.69 % -95.32 % -99.57 %
Quick Ratio TTM 0.01 0 0 0 0
Total Ranking TTM # 4404 # 3780 # 3528 # 2919 # 2574
Seq. Current Liabilities TTM Growth -9.5 % 15.12 % 25.18 % 34.34 % 45.98 %
Seq. Cash & cash equivalent TTM Growth 191.42 % 1.51 % 15.98 % 551.67 % -93.25 %


On the trailing twelve months basis FNVTU Cash & cash equivalent more than doubled by 1735.39 % in Q1 2025 year on year, while Current Liabilities dropped to $2 millions, this led to