Companies: 10,795·Total market cap: $144.5T
Fintech Ecosystem Development Corp.

Fintech Ecosystem Development Corp.

FEXDNASDAQFinancial Services
$10.86
$-0.03(-0.28%)
Market Cap$74358409
P/E Ratio
52W High$12.51
52W Low$10.67

Fintech Ecosystem Development Corp. (FEXD) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

FEXD · cash on hand · updated Dec 31, 2022

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$10,335 -98.3% vs prior year
FY · as of Dec 31, 2022 · Reported in USD
Cash & Cash Equiv. (CCE)
$10,335
cashAndCashEquivalents
Short-Term Investments
$0
shortTermInvestments
YoY Change vs Prior Year
-98.3%
vs prior fiscal year
Latest Quarter
$1,025
Q2 2023
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2022

Net cash vs debt

Cash & ST Investments$10,335Cash on Hand
Total Debt$527,502Total Debt
Net Cash / Net Debt−$517,167Net Debt Position
Cash vs Debt Ratio
Cash 2%Debt 98%

Fintech Ecosystem Development Corp. carries a net debt position of $517,167. Total debt ($527,502) exceeds cash on hand ($10,335). Fintech Ecosystem Development Corp. cash vs debt ratio: 2% cash / 98% debt.

Net Cash = Cash & ST Investments − Total Debt$10,335$527,502 = −$517,167

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
FEXD annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2022Latest$0.0M-98.3%
Dec 31, 2021$0.6M
FEXD cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Financial Services Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$1.48T177.5%
#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$373.31B35.5%
#3
Visa Inc.
Visa Inc.
V
$21.99B3.6%
#4
Mastercard Incorporated
Mastercard Incorporated
MA
$10.90B2.5%
#5
Fintech Ecosystem Development Corp.
Fintech Ecosystem Development Corp.YOU
FEXD
$0.0M0.0%
Financial Services sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Fintech Ecosystem Development Corp. (FEXD) cash on hand as of December 31, 2022 is $10,335, comprising $10,335 in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Fintech Ecosystem Development Corp. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Fintech Ecosystem Development Corp. cash reserves or cash position.

Fintech Ecosystem Development Corp. annual cash on hand history shows decreased -98.3% in 2022: decreased -98.3% in 2022. Fintech Ecosystem Development Corp. cash reserves in 2022 reflect the company's capital allocation strategy.

Fintech Ecosystem Development Corp. carries total debt of $527,502 against cash of $10,335, resulting in a net debt position of -$517,167. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Frequently asked questions

FEXD cash on hand · 5 questions

As of December 31, 2022, Fintech Ecosystem Development Corp. (FEXD) has $10,335 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $10,335 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (June 30, 2023): $1,025. Data sourced from the annual 10-K filing via FMP.

FEXD cash on handFEXD cash reservesFEXD cash 2022how much cash does FEXD have

Source: FMP /balance-sheet-statement · US GAAP · Fintech Ecosystem Development Corp. · Fintech Ecosystem Development Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2022