First Hydrogen Corp Stock Working Capital

FHYD Stock   0.33  0.02  5.71%   
First Hydrogen Corp fundamentals help investors to digest information that contributes to First Hydrogen's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Hydrogen's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Hydrogen stock.
Last ReportedProjected for Next Year
Net Working Capital-847.9 K-805.5 K
Change In Working Capital760.1 K622.3 K
Net Working Capital is likely to climb to about (805.5 K) in 2024. Change In Working Capital is likely to drop to about 622.3 K in 2024.
  
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First Hydrogen Corp Company Working Capital Analysis

First Hydrogen's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current First Hydrogen Working Capital

    
  (847.86 K)  
Most of First Hydrogen's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Hydrogen Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for First Hydrogen is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Working Capital. Since First Hydrogen's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Hydrogen's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Hydrogen's interrelated accounts and indicators.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

First Net Invested Capital

Net Invested Capital

95,687.8

At this time, First Hydrogen's Net Invested Capital is fairly stable compared to the past year.
According to the company's disclosures, First Hydrogen Corp has a Working Capital of (847,855). This is 100.01% lower than that of the Automobiles sector and 100.0% lower than that of the Consumer Discretionary industry. The working capital for all Canada stocks is 100.06% higher than that of the company.

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First Fundamentals

About First Hydrogen Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Hydrogen Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Hydrogen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Hydrogen Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for First Stock Analysis

When running First Hydrogen's price analysis, check to measure First Hydrogen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Hydrogen is operating at the current time. Most of First Hydrogen's value examination focuses on studying past and present price action to predict the probability of First Hydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Hydrogen's price. Additionally, you may evaluate how the addition of First Hydrogen to your portfolios can decrease your overall portfolio volatility.