Fintech Ecosystem Development Corp.

Fintech Ecosystem Development Corp.verified

FEXD

Price:

$10.86

Market Cap:

$74.36M

Fintech Ecosystem Development Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the financial technology sector in South Asia. The company was incorporated in 2021 and is based in Collegeville, Pennsylvania.

Industry

Shell Companies

IPO Date

2022-01-13

Stock Exchange

NASDAQ

Ticker

FEXD

The Current Ratio as of November 2025 (TTM) for Fintech Ecosystem Development Corp. (FEXD) is 0.03

According to Fintech Ecosystem Development Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.03. This represents a change of -19.81% compared to the average of 0.03 of the last 4 quarters.

Fintech Ecosystem Development Corp. (FEXD) Historical Current Ratio (quarterly & annually)

How has FEXD Current Ratio performed in the past?

The mean historical Current Ratio of Fintech Ecosystem Development Corp. over the last ten years is 1.96. The current 0.03 Current Ratio has changed 38.84% with respect to the historical average. Over the past ten years (40 quarters), FEXD's Current Ratio was at its highest in in the March 2022 quarter at 32.43. The Current Ratio was at its lowest in in the June 2021 quarter at 0.00.

Quarterly (TTM)
Annual

Average

1.96

Median

1.96

Minimum

0.03

Maximum

3.90

Fintech Ecosystem Development Corp. (FEXD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Fintech Ecosystem Development Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Current Ratio = 3.90

Minimum Annual Increase = -99.30%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.03-99.30%

Fintech Ecosystem Development Corp. (FEXD) Average Current Ratio

How has FEXD Current Ratio performed in the past?

The current Current Ratio of Fintech Ecosystem Development Corp. (FEXD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.96

5-year avg

1.96

10-year avg

1.96

Fintech Ecosystem Development Corp. (FEXD) Current Ratio vs. Peers

How is FEXD’s Current Ratio compared to its peers?

Fintech Ecosystem Development Corp.’s Current Ratio is less than Brand Engagement Network, Inc. (0.15), less than Home Plate Acquisition Corp. (1.44), less than Capitalworks Emerging Markets Acquisition Corp (0.17), less than Artemis Strategic Investment Corporation (0.04), greater than Technology & Telecommunication Acquisition Corporation (0.01), less than ALSP Orchid Acquisition Corporation I (11.33), less than Liberty Resources Acquisition Corp. (0.04), greater than New Providence Acquisition Corp. II (0.01), greater than TKB Critical Technologies 1 (0.01),

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