Fusion Current Deferred Revenue vs Cash Analysis
HTOOW Stock | USD 0.01 0 11.76% |
Fusion Fuel financial indicator trend analysis is much more than just examining Fusion Fuel Green latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fusion Fuel Green is a good investment. Please check the relationship between Fusion Fuel Current Deferred Revenue and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Fusion Fuel Green. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Current Deferred Revenue vs Cash
Current Deferred Revenue vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fusion Fuel Green Current Deferred Revenue account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fusion Fuel's Current Deferred Revenue and Cash is 0.69. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash in the same time period over historical financial statements of Fusion Fuel Green, assuming nothing else is changed. The correlation between historical values of Fusion Fuel's Current Deferred Revenue and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Fusion Fuel Green are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Current Deferred Revenue i.e., Fusion Fuel's Current Deferred Revenue and Cash go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Cash
Cash refers to the most liquid asset of Fusion Fuel Green, which is listed under current asset account on Fusion Fuel Green balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fusion Fuel customers. The amounts must be unrestricted with restricted cash listed in a different Fusion Fuel account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Fusion Fuel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fusion Fuel Green 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Fusion Fuel Green. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. Tax Provision is likely to climb to about 166.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 14.9 M in 2024.
Fusion Fuel fundamental ratios Correlations
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Fusion Fuel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fusion Fuel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17K | 62.4M | 69.2M | 65.4M | 42.4M | 53.0M | |
Other Current Liab | 172.1K | 53.3M | 17.8M | 20.6M | 5.4M | 5.2M | |
Total Current Liabilities | 16K | 55.1M | 19.3M | 25.4M | 20.4M | 22.0M | |
Total Stockholder Equity | 1K | 7.4M | 49.5M | 29.4M | 2.7M | 2.6M | |
Net Debt | 1.6M | (58.0M) | (6.9M) | 158K | 11.3M | 11.8M | |
Retained Earnings | (2K) | (188.1M) | (164.4M) | (191.8M) | (222.8M) | (211.7M) | |
Cash | 95.9K | 58.0M | 7.7M | 8.2M | 1.1M | 1.1M | |
Non Current Assets Total | 15K | 2.2M | 22.0M | 26.6M | 31.1M | 24.1M | |
Cash And Short Term Investments | 95.9K | 58.0M | 35.1M | 8.2M | 1.1M | 1.1M | |
Common Stock Shares Outstanding | 6.4M | 2.7M | 13.2M | 13.3M | 14.6M | 9.6M | |
Liabilities And Stockholders Equity | 17K | 62.4M | 69.2M | 65.4M | 42.4M | 53.0M | |
Other Current Assets | 38.5K | 1.7M | 4.6M | 4.9M | 1.7M | 2.4M | |
Total Liab | 16K | 55.1M | 19.7M | 36.0M | 39.6M | 27.6M | |
Total Current Assets | 2K | 60.2M | 47.3M | 38.7M | 11.3M | 10.8M |
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When running Fusion Fuel's price analysis, check to measure Fusion Fuel'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 Fusion Fuel is operating at the current time. Most of Fusion Fuel's value examination focuses on studying past and present price action to predict the probability of Fusion Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fusion Fuel's price. Additionally, you may evaluate how the addition of Fusion Fuel to your portfolios can decrease your overall portfolio volatility.