Fusion Other Current Assets vs Accounts Payable 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 Other Current Assets and its Accounts Payable 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.

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fusion Fuel Green Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fusion Fuel's Other Current Assets and Accounts Payable is 0.45. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable 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 Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Fusion Fuel Green are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., Fusion Fuel's Other Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accounts Payable

An accounting item on the balance sheet that represents Fusion Fuel obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Fusion Fuel Green are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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

0.440.430.37-0.29-0.390.330.240.440.130.520.380.54-0.420.040.320.30.480.080.440.310.070.350.440.510.22
0.440.94-0.41-0.87-0.640.96-0.660.940.250.540.830.93-0.690.030.260.230.830.140.690.270.040.290.680.440.15
0.430.94-0.61-0.68-0.850.86-0.70.830.470.640.960.9-0.860.310.530.470.890.470.860.410.370.40.850.440.45
0.37-0.41-0.610.160.66-0.380.82-0.26-0.53-0.29-0.68-0.340.63-0.55-0.51-0.43-0.46-0.7-0.61-0.25-0.64-0.25-0.590.0-0.56
-0.29-0.87-0.680.160.2-0.960.46-0.880.23-0.1-0.49-0.690.260.390.230.26-0.550.26-0.260.020.380.14-0.24-0.130.33
-0.39-0.64-0.850.660.2-0.460.61-0.53-0.82-0.82-0.93-0.750.99-0.68-0.89-0.84-0.85-0.79-0.99-0.66-0.75-0.6-0.99-0.56-0.85
0.330.960.86-0.38-0.96-0.46-0.590.910.00.270.720.79-0.5-0.130.02-0.020.690.020.50.1-0.10.040.480.2-0.06
0.24-0.66-0.70.820.460.61-0.59-0.62-0.52-0.49-0.66-0.660.66-0.17-0.41-0.35-0.68-0.33-0.63-0.38-0.25-0.27-0.62-0.38-0.34
0.440.940.83-0.26-0.88-0.530.91-0.620.190.490.690.91-0.6-0.190.190.140.86-0.010.60.43-0.140.060.590.530.05
0.130.250.47-0.530.23-0.820.0-0.520.190.840.630.5-0.830.750.940.970.610.70.820.730.720.680.850.690.89
0.520.540.64-0.29-0.1-0.820.27-0.490.490.840.690.78-0.870.460.840.830.760.450.860.650.460.80.880.90.7
0.380.830.96-0.68-0.49-0.930.72-0.660.690.630.690.83-0.920.560.670.650.850.640.920.460.570.510.920.430.63
0.540.930.9-0.34-0.69-0.750.79-0.660.910.50.780.83-0.810.120.490.470.920.20.810.520.120.450.810.740.34
-0.42-0.69-0.860.630.260.99-0.50.66-0.6-0.83-0.87-0.92-0.81-0.6-0.88-0.83-0.9-0.72-1.0-0.7-0.67-0.61-1.0-0.65-0.81
0.040.030.31-0.550.39-0.68-0.13-0.17-0.190.750.460.560.12-0.60.760.820.220.840.60.290.910.620.620.130.83
0.320.260.53-0.510.23-0.890.02-0.410.190.940.840.670.49-0.880.760.960.650.840.880.740.840.670.880.620.98
0.30.230.47-0.430.26-0.84-0.02-0.350.140.970.830.650.47-0.830.820.960.590.750.830.710.780.710.860.650.92
0.480.830.89-0.46-0.55-0.850.69-0.680.860.610.760.850.92-0.90.220.650.590.430.890.760.310.310.890.70.54
0.080.140.47-0.70.26-0.790.02-0.33-0.010.70.450.640.2-0.720.840.840.750.430.720.490.980.410.710.10.92
0.440.690.86-0.61-0.26-0.990.5-0.630.60.820.860.920.81-1.00.60.880.830.890.720.70.670.611.00.650.82
0.310.270.41-0.250.02-0.660.1-0.380.430.730.650.460.52-0.70.290.740.710.760.490.70.390.140.70.710.67
0.070.040.37-0.640.38-0.75-0.1-0.25-0.140.720.460.570.12-0.670.910.840.780.310.980.670.390.540.660.10.93
0.350.290.4-0.250.14-0.60.04-0.270.060.680.80.510.45-0.610.620.670.710.310.410.610.140.540.630.560.6
0.440.680.85-0.59-0.24-0.990.48-0.620.590.850.880.920.81-1.00.620.880.860.890.711.00.70.660.630.670.81
0.510.440.440.0-0.13-0.560.2-0.380.530.690.90.430.74-0.650.130.620.650.70.10.650.710.10.560.670.44
0.220.150.45-0.560.33-0.85-0.06-0.340.050.890.70.630.34-0.810.830.980.920.540.920.820.670.930.60.810.44
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Fusion Fuel Account Relationship Matchups

Fusion Fuel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17K62.4M69.2M65.4M42.4M53.0M
Other Current Liab172.1K53.3M17.8M20.6M5.4M5.2M
Total Current Liabilities16K55.1M19.3M25.4M20.4M22.0M
Total Stockholder Equity1K7.4M49.5M29.4M2.7M2.6M
Net Debt1.6M(58.0M)(6.9M)158K11.3M11.8M
Retained Earnings(2K)(188.1M)(164.4M)(191.8M)(222.8M)(211.7M)
Cash95.9K58.0M7.7M8.2M1.1M1.1M
Non Current Assets Total15K2.2M22.0M26.6M31.1M24.1M
Cash And Short Term Investments95.9K58.0M35.1M8.2M1.1M1.1M
Common Stock Shares Outstanding6.4M2.7M13.2M13.3M14.6M9.6M
Liabilities And Stockholders Equity17K62.4M69.2M65.4M42.4M53.0M
Other Current Assets38.5K1.7M4.6M4.9M1.7M2.4M
Total Liab16K55.1M19.7M36.0M39.6M27.6M
Total Current Assets2K60.2M47.3M38.7M11.3M10.8M

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