First Retained Earnings vs Net Receivables Analysis
FHYD Stock | 0.33 0.02 5.71% |
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 Retained Earnings and its Net Receivables 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.
Retained Earnings vs Net Receivables
Retained Earnings vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Hydrogen Corp Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between First Hydrogen's Retained Earnings and Net Receivables is -0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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 Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of First Hydrogen Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., First Hydrogen's Retained Earnings and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Receivables
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
Click cells to compare fundamentals
First Hydrogen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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) |
Thematic Opportunities
Explore Investment Opportunities
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.