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