Hyzon Historical Financial Ratios
HYZN Stock | USD 1.68 0.11 6.15% |
Hyzon Motors is recently reporting on over 99 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 79.63 or Days Sales Outstanding of 3.2 K will help investors to properly organize and evaluate Hyzon Motors financial condition quickly.
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About Hyzon Financial Ratios Analysis
Hyzon MotorsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Hyzon Motors investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Hyzon financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Hyzon Motors history.
Hyzon Motors Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Hyzon Motors stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hyzon Motors sales, a figure that is much harder to manipulate than other Hyzon Motors multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most ratios from Hyzon Motors' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Hyzon Motors current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Hyzon Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Hyzon Stock, please use our How to Invest in Hyzon Motors guide.At this time, Hyzon Motors' Capex Per Share is very stable compared to the past year. As of the 27th of November 2024, Graham Net Net is likely to grow to 0.35, while PTB Ratio is likely to drop 79.63.
2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 831.98 | 3.0K | 3.2K | PTB Ratio | 62.46 | 83.82 | 79.63 |
Hyzon Motors fundamentals Correlations
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Hyzon Motors Account Relationship Matchups
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Hyzon Motors fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Ptb Ratio | 590.1K | 5.9K | 176.3 | 62.46 | 83.82 | 79.63 | |
Book Value Per Share | 8.69E-4 | 0.0889 | 1.81 | 1.24 | 0.53 | 0.49 | |
Pb Ratio | 590.1K | 5.9K | 176.3 | 62.46 | 83.82 | 79.63 | |
Roic | (0.14) | (0.95) | 0.94 | (0.55) | (1.36) | (1.29) | |
Net Income Per Share | (0.00766) | (0.0861) | 0.34 | (0.22) | (0.75) | (0.71) | |
Cash Per Share | 0.0111 | 0.1 | 2.18 | 1.03 | 0.46 | 0.5 | |
Roe | (8.82) | (0.96) | 0.18 | (0.18) | (1.41) | (1.48) | |
Pe Ratio | (66.9K) | (6.2K) | 953.57 | (352.63) | (59.52) | (62.49) | |
Return On Tangible Assets | (0.64) | (0.68) | 0.13 | (0.15) | (0.96) | (0.91) | |
Earnings Yield | (1.5E-5) | (1.63E-4) | 0.001049 | (0.002836) | (0.0168) | (0.016) | |
Net Debt To E B I T D A | 0.0719 | 1.08 | 4.44 | 0.29 | 0.58 | 0.55 | |
Current Ratio | 1.01 | 3.55 | 15.87 | 6.82 | 3.58 | 4.19 | |
Tangible Book Value Per Share | 8.69E-4 | 0.0889 | 1.81 | 1.24 | 0.53 | 0.49 | |
Graham Number | 0.0122 | 0.42 | 3.75 | 2.48 | 3.01 | 3.16 | |
Shareholders Equity Per Share | 8.69E-4 | 0.0894 | 1.84 | 1.24 | 0.53 | 0.5 | |
Graham Net Net | 5.6E-5 | 0.0673 | 1.46 | 0.85 | 0.28 | 0.35 | |
Enterprise Value Over E B I T D A | (66.9K) | (6.2K) | (671.48) | (110.95) | (60.09) | (63.1) | |
Price Earnings Ratio | (66.9K) | (6.2K) | 953.57 | (352.63) | (59.52) | (62.49) | |
Price Book Value Ratio | 590.1K | 5.9K | 176.3 | 62.46 | 83.82 | 79.63 |
Pair Trading with Hyzon Motors
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hyzon Motors position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hyzon Motors will appreciate offsetting losses from the drop in the long position's value.Moving together with Hyzon Stock
Moving against Hyzon Stock
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The ability to find closely correlated positions to Hyzon Motors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyzon Motors when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hyzon Motors - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hyzon Motors to buy it.
The correlation of Hyzon Motors is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hyzon Motors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyzon Motors moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hyzon Motors can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyzon Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Hyzon Stock, please use our How to Invest in Hyzon Motors guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hyzon Motors. If investors know Hyzon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hyzon Motors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (34.43) | Revenue Per Share 2.152 | Quarterly Revenue Growth (0.62) | Return On Assets (0.50) | Return On Equity (1.33) |
The market value of Hyzon Motors is measured differently than its book value, which is the value of Hyzon that is recorded on the company's balance sheet. Investors also form their own opinion of Hyzon Motors' value that differs from its market value or its book value, called intrinsic value, which is Hyzon Motors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hyzon Motors' market value can be influenced by many factors that don't directly affect Hyzon Motors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hyzon Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyzon Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyzon Motors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.