First Total Assets vs Common Stock 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 Total Assets and its Common Stock 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.

Total Assets vs Common Stock

Total Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Hydrogen Corp Total Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between First Hydrogen's Total Assets and Common Stock is 0.7. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock 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 Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of First Hydrogen Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., First Hydrogen's Total Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

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Total Assets

Total assets refers to the total amount of First Hydrogen assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Hydrogen Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock

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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