First Net Working Capital vs Other Stockholder Equity 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 Net Working Capital and its Other Stockholder Equity 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.

Net Working Capital vs Other Stockholder Equity

Net Working Capital vs Other Stockholder Equity Correlation Analysis

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

The correlation between First Hydrogen's Net Working Capital and Other Stockholder Equity is 0.8. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Other Stockholder Equity 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 Net Working Capital and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of First Hydrogen Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Working Capital i.e., First Hydrogen's Net Working Capital and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Working Capital

Other Stockholder Equity

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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