Fusion Net Debt vs Non Currrent Assets Other Analysis
HTOOW Stock | USD 0.02 0.01 70.00% |
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 Net Debt and its Non Currrent Assets Other 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.
Net Debt vs Non Currrent Assets Other
Net Debt vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fusion Fuel Green Net Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fusion Fuel's Net Debt and Non Currrent Assets Other is -0.26. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Currrent Assets Other 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 Net Debt and Non Currrent Assets Other 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 Debt of Fusion Fuel Green are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Debt i.e., Fusion Fuel's Net Debt and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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
Click cells to compare fundamentals
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Fusion Stock Analysis
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.