First Long Term Debt vs Net Working Capital Analysis

FHYD Stock

0.35 0.01 2.94%

First Hydrogen financial indicator trend analysis is much more than just examining First Hydrogen Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Hydrogen Corp is a good investment. Please check the relationship between First Hydrogen Long Term Debt and its Net Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Hydrogen Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Hydrogen Corp Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between First Hydrogen's Long Term Debt and Net Working Capital is -0.67. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of First Hydrogen Corp, assuming nothing else is changed. The correlation between historical values of First Hydrogen's Long Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of First Hydrogen Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., First Hydrogen's Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

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Long Term Debt

Long-term debt is a debt that First Hydrogen Corp has held for over one year. Long-term debt appears on First Hydrogen Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on First Hydrogen Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Working Capital

Most indicators from First Hydrogen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Hydrogen Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Hydrogen Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Enterprise Value is likely to climb to about 82.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.9 M in 2024.

First Hydrogen fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Total Assets	Total Stockholder Equity	Cash	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Other Current Liab	Other Liab	Long Term Debt	Non Current Liabilities Other	Other Stockholder Equity	Short Long Term Debt	Intangible Assets	Net Debt
Total Current Liabilities		-0.46	-0.76	0.98	0.87	0.93	0.8	0.97	-0.1	0.52	0.88	-0.92	0.95	0.62	0.78	-0.1	0.93	0.38	0.79	0.9	-0.31	-0.67	-0.31	-0.31
Net Tangible Assets	-0.46		0.61	-0.53	-0.72	-0.28	-0.62	-0.39	0.45	0.11	-0.69	0.27	-0.54	-0.05	-0.61	0.51	-0.25	-0.44	-0.68	-0.73	0.44	0.58	0.43	0.44
Retained Earnings	-0.76	0.61		-0.8	-0.95	-0.53	-1.0	-0.65	0.7	0.03	-0.93	0.81	-0.85	0.0	-1.0	0.71	-0.79	-0.82	-0.99	-0.92	0.8	0.96	0.78	0.8
Accounts Payable	0.98	-0.53	-0.8		0.88	0.86	0.84	0.92	-0.14	0.38	0.92	-0.88	0.93	0.52	0.81	-0.2	0.89	0.41	0.83	0.92	-0.32	-0.75	-0.31	-0.32
Net Receivables	0.87	-0.72	-0.95	0.88		0.71	0.96	0.81	-0.53	0.22	0.95	-0.85	0.93	0.28	0.95	-0.5	0.83	0.68	0.97	0.99	-0.69	-0.86	-0.68	-0.69
Total Current Assets	0.93	-0.28	-0.53	0.86	0.71		0.59	0.99	0.16	0.75	0.65	-0.86	0.81	0.83	0.56	0.22	0.84	0.08	0.57	0.75	-0.16	-0.4	-0.16	-0.16
Common Stock	0.8	-0.62	-1.0	0.84	0.96	0.59		0.7	-0.64	0.01	0.94	-0.84	0.86	0.06	1.0	-0.66	0.81	0.76	1.0	0.94	-0.77	-0.96	-0.76	-0.77
Total Assets	0.97	-0.39	-0.65	0.92	0.81	0.99	0.7		0.02	0.68	0.76	-0.9	0.88	0.75	0.67	0.07	0.89	0.23	0.69	0.85	-0.27	-0.52	-0.27	-0.27
Total Stockholder Equity	-0.1	0.45	0.7	-0.14	-0.53	0.16	-0.64	0.02		0.46	-0.48	0.29	-0.35	0.58	-0.67	0.92	-0.25	-0.92	-0.64	-0.45	0.89	0.67	0.88	0.89
Cash	0.52	0.11	0.03	0.38	0.22	0.75	0.01	0.68	0.46		0.13	-0.49	0.45	0.94	-0.01	0.69	0.51	-0.23	-0.01	0.27	0.23	0.24	0.23	0.23
Common Stock Shares Outstanding	0.88	-0.69	-0.93	0.92	0.95	0.65	0.94	0.76	-0.48	0.13		-0.82	0.94	0.23	0.93	-0.51	0.84	0.7	0.95	0.96	-0.54	-0.88	-0.52	-0.54
Other Current Assets	-0.92	0.27	0.81	-0.88	-0.85	-0.86	-0.84	-0.9	0.29	-0.49	-0.82		-0.92	-0.48	-0.83	0.2	-0.99	-0.53	-0.81	-0.85	0.52	0.71	0.51	0.52
Total Liab	0.95	-0.54	-0.85	0.93	0.93	0.81	0.86	0.88	-0.35	0.45	0.94	-0.92		0.48	0.85	-0.27	0.94	0.62	0.86	0.94	-0.47	-0.72	-0.45	-0.47
Net Invested Capital	0.62	-0.05	0.0	0.52	0.28	0.83	0.06	0.75	0.58	0.94	0.23	-0.48	0.48		0.03	0.69	0.5	-0.34	0.06	0.35	0.33	0.15	0.33	0.33
Capital Stock	0.78	-0.61	-1.0	0.81	0.95	0.56	1.0	0.67	-0.67	-0.01	0.93	-0.83	0.85	0.03		-0.68	0.8	0.79	1.0	0.93	-0.79	-0.96	-0.78	-0.79
Net Working Capital	-0.1	0.51	0.71	-0.2	-0.5	0.22	-0.66	0.07	0.92	0.69	-0.51	0.2	-0.27	0.69	-0.68		-0.17	-0.82	-0.67	-0.44	0.8	0.78	0.79	0.8
Other Current Liab	0.93	-0.25	-0.79	0.89	0.83	0.84	0.81	0.89	-0.25	0.51	0.84	-0.99	0.94	0.5	0.8	-0.17		0.54	0.78	0.83	-0.43	-0.68	-0.42	-0.43
Other Liab	0.38	-0.44	-0.82	0.41	0.68	0.08	0.76	0.23	-0.92	-0.23	0.7	-0.53	0.62	-0.34	0.79	-0.82	0.54		0.76	0.62	-0.8	-0.76	-0.77	-0.8
Long Term Debt	0.79	-0.68	-0.99	0.83	0.97	0.57	1.0	0.69	-0.64	-0.01	0.95	-0.81	0.86	0.06	1.0	-0.67	0.78	0.76		0.95	-0.76	-0.96	-0.75	-0.76
Non Current Liabilities Other	0.9	-0.73	-0.92	0.92	0.99	0.75	0.94	0.85	-0.45	0.27	0.96	-0.85	0.94	0.35	0.93	-0.44	0.83	0.62	0.95		-0.61	-0.83	-0.6	-0.61
Other Stockholder Equity	-0.31	0.44	0.8	-0.32	-0.69	-0.16	-0.77	-0.27	0.89	0.23	-0.54	0.52	-0.47	0.33	-0.79	0.8	-0.43	-0.8	-0.76	-0.61		0.75	1.0	1.0
Short Long Term Debt	-0.67	0.58	0.96	-0.75	-0.86	-0.4	-0.96	-0.52	0.67	0.24	-0.88	0.71	-0.72	0.15	-0.96	0.78	-0.68	-0.76	-0.96	-0.83	0.75		0.74	0.75
Intangible Assets	-0.31	0.43	0.78	-0.31	-0.68	-0.16	-0.76	-0.27	0.88	0.23	-0.52	0.51	-0.45	0.33	-0.78	0.79	-0.42	-0.77	-0.75	-0.6	1.0	0.74		1.0
Net Debt	-0.31	0.44	0.8	-0.32	-0.69	-0.16	-0.77	-0.27	0.89	0.23	-0.54	0.52	-0.47	0.33	-0.79	0.8	-0.43	-0.8	-0.76	-0.61	1.0	0.75	1.0

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First Hydrogen Account Relationship Matchups

First Hydrogen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	70.7K	1.4M	2.9M	3.2M	2.1M	1.5M
Net Tangible Assets	516.7K	1.1M	129.6K	197.3K	177.5K	168.7K
Retained Earnings	(1.3M)	(3.8M)	(12.7M)	(26.4M)	(37.4M)	(35.6M)
Accounts Payable	66.0K	754.7K	2.1M	3.0M	1.8M	1.2M
Net Receivables	12.8K	30.8K	33.3K	887.3K	1.0M	1.1M
Total Current Assets	587.4K	2.5M	4.2M	3.3M	1.2M	2.0M
Common Stock	1.4M	4.0M	12.1M	24.7M	28.4M	29.9M
Total Assets	587.4K	2.6M	5.1M	4.2M	2.2M	2.8M
Total Stockholder Equity	516.7K	1.2M	1.1M	1.1M	(2.1M)	(2.0M)
Cash	334.6K	1.6M	2.6M	394.8K	87.5K	83.1K
Total Liab	70.7K	1.5M	4.0M	3.2M	4.3M	2.4M
Net Invested Capital	516.7K	1.2M	2.4M	1.1M	100.7K	95.7K
Capital Stock	1.4M	4.1M	12.1M	24.7M	30.9M	32.4M
Net Working Capital	516.7K	1.1M	1.3M	188.8K	(847.9K)	(805.5K)

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