Hyzon Net Working Capital vs Capital Surpluse Analysis

HYZN Stock

USD 1.70 0.01 0.58%

Hyzon Motors financial indicator trend analysis is much more than just examining Hyzon Motors latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hyzon Motors is a good investment. Please check the relationship between Hyzon Motors Net Working Capital and its Capital Surpluse accounts. 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.

Net Working Capital vs Capital Surpluse

Net Working Capital vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hyzon Motors Net Working Capital account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Hyzon Motors' Net Working Capital and Capital Surpluse is 0.81. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Hyzon Motors, assuming nothing else is changed. The correlation between historical values of Hyzon Motors' Net Working Capital and Capital Surpluse 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 Working Capital of Hyzon Motors are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Working Capital i.e., Hyzon Motors' Net Working Capital and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Working Capital

Capital Surpluse

Most indicators from Hyzon Motors' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.As of the 23rd of November 2024, Selling General Administrative is likely to drop to about 77.6 M. In addition to that, Tax Provision is likely to grow to about (467.4 K)

	2021	2022	2023	2024 (projected)
Interest Expense	5.2M	2.3M	2.7M	2.8M
Depreciation And Amortization	236.6K	3.7M	4.0M	2.2M

Interest Expense Depreciation And Amortization

Hyzon Motors fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Property Plant And Equipment Net	Warrants	Current Deferred Revenue	Accounts Payable	Other Assets	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity
Total Assets		0.97	0.69	0.86	1.0	-0.87	-0.45	0.88	0.88	0.81	0.99	0.83	0.94	0.97	1.0	0.78	0.29	0.87	0.92	-0.31	0.84	0.84	0.67	0.8	0.87	-0.98
Short Long Term Debt Total	0.97		0.82	0.96	0.97	-0.78	-0.62	0.8	0.95	0.88	0.94	0.93	0.99	0.93	0.96	0.89	0.37	0.95	0.98	-0.42	0.85	0.81	0.8	0.85	0.94	-0.97
Other Current Liab	0.69	0.82		0.92	0.7	-0.4	-0.92	0.45	0.88	0.85	0.61	0.87	0.86	0.63	0.65	0.93	0.3	0.91	0.9	-0.79	0.69	0.52	1.0	0.8	0.95	-0.78
Total Current Liabilities	0.86	0.96	0.92		0.87	-0.59	-0.73	0.62	0.98	0.94	0.8	0.94	0.98	0.8	0.83	0.98	0.34	0.98	0.98	-0.5	0.77	0.76	0.91	0.89	0.95	-0.91
Total Stockholder Equity	1.0	0.97	0.7	0.87		-0.83	-0.44	0.84	0.9	0.84	0.98	0.83	0.93	0.95	0.99	0.8	0.29	0.87	0.93	-0.3	0.8	0.88	0.68	0.84	0.87	-0.99
Net Debt	-0.87	-0.78	-0.4	-0.59	-0.83		0.3	-1.0	-0.56	-0.42	-0.91	-0.6	-0.75	-0.95	-0.89	-0.44	-0.23	-0.68	-0.65	0.2	-0.9	-0.54	-0.36	-0.4	-0.66	0.76
Retained Earnings	-0.45	-0.62	-0.92	-0.73	-0.44	0.3		-0.34	-0.63	-0.57	-0.39	-0.72	-0.69	-0.46	-0.42	-0.73	-0.26	-0.78	-0.69	0.91	-0.66	-0.15	-0.91	-0.5	-0.83	0.52
Cash	0.88	0.8	0.45	0.62	0.84	-1.0	-0.34		0.58	0.45	0.92	0.62	0.77	0.96	0.91	0.47	0.24	0.7	0.68	-0.26	0.92	0.55	0.41	0.43	0.7	-0.78
Non Current Assets Total	0.88	0.95	0.88	0.98	0.9	-0.56	-0.63	0.58		0.98	0.81	0.91	0.95	0.78	0.85	0.98	0.3	0.94	0.99	-0.42	0.68	0.86	0.87	0.95	0.92	-0.94
Non Currrent Assets Other	0.81	0.88	0.85	0.94	0.84	-0.42	-0.57	0.45	0.98		0.74	0.87	0.88	0.68	0.77	0.96	0.29	0.86	0.95	-0.37	0.54	0.88	0.85	0.99	0.85	-0.89
Cash And Short Term Investments	0.99	0.94	0.61	0.8	0.98	-0.91	-0.39	0.92	0.81	0.74		0.77	0.89	0.98	1.0	0.69	0.28	0.82	0.87	-0.27	0.85	0.81	0.58	0.73	0.82	-0.95
Common Stock Shares Outstanding	0.83	0.93	0.87	0.94	0.83	-0.6	-0.72	0.62	0.91	0.87	0.77		0.93	0.78	0.8	0.91	0.62	0.92	0.91	-0.51	0.75	0.68	0.85	0.8	0.9	-0.85
Other Stockholder Equity	0.94	0.99	0.86	0.98	0.93	-0.75	-0.69	0.77	0.95	0.88	0.89	0.93		0.91	0.92	0.92	0.32	0.99	0.98	-0.47	0.87	0.76	0.84	0.83	0.96	-0.94
Total Liab	0.97	0.93	0.63	0.8	0.95	-0.95	-0.46	0.96	0.78	0.68	0.98	0.78	0.91		0.98	0.68	0.28	0.85	0.85	-0.33	0.93	0.72	0.6	0.65	0.84	-0.92
Total Current Assets	1.0	0.96	0.65	0.83	0.99	-0.89	-0.42	0.91	0.85	0.77	1.0	0.8	0.92	0.98		0.74	0.28	0.85	0.89	-0.29	0.85	0.83	0.63	0.77	0.85	-0.97
Short Term Debt	0.78	0.89	0.93	0.98	0.8	-0.44	-0.73	0.47	0.98	0.96	0.69	0.91	0.92	0.68	0.74		0.31	0.94	0.95	-0.49	0.65	0.75	0.92	0.91	0.91	-0.85
Common Stock	0.29	0.37	0.3	0.34	0.29	-0.23	-0.26	0.24	0.3	0.29	0.28	0.62	0.32	0.28	0.28	0.31		0.27	0.28	-0.19	0.24	0.2	0.26	0.24	0.28	-0.27
Net Tangible Assets	0.87	0.95	0.91	0.98	0.87	-0.68	-0.78	0.7	0.94	0.86	0.82	0.92	0.99	0.85	0.85	0.94	0.27		0.97	-0.56	0.87	0.67	0.9	0.8	0.98	-0.89
Property Plant And Equipment Net	0.92	0.98	0.9	0.98	0.93	-0.65	-0.69	0.68	0.99	0.95	0.87	0.91	0.98	0.85	0.89	0.95	0.28	0.97		-0.51	0.78	0.81	0.89	0.92	0.97	-0.96
Warrants	-0.31	-0.42	-0.79	-0.5	-0.3	0.2	0.91	-0.26	-0.42	-0.37	-0.27	-0.51	-0.47	-0.33	-0.29	-0.49	-0.19	-0.56	-0.51		-0.53	0.04	-0.78	-0.35	-0.69	0.39
Current Deferred Revenue	0.84	0.85	0.69	0.77	0.8	-0.9	-0.66	0.92	0.68	0.54	0.85	0.75	0.87	0.93	0.85	0.65	0.24	0.87	0.78	-0.53		0.45	0.66	0.48	0.86	-0.78
Accounts Payable	0.84	0.81	0.52	0.76	0.88	-0.54	-0.15	0.55	0.86	0.88	0.81	0.68	0.76	0.72	0.83	0.75	0.2	0.67	0.81	0.04	0.45		0.51	0.9	0.64	-0.87
Other Assets	0.67	0.8	1.0	0.91	0.68	-0.36	-0.91	0.41	0.87	0.85	0.58	0.85	0.84	0.6	0.63	0.92	0.26	0.9	0.89	-0.78	0.66	0.51		0.81	0.94	-0.76
Net Receivables	0.8	0.85	0.8	0.89	0.84	-0.4	-0.5	0.43	0.95	0.99	0.73	0.8	0.83	0.65	0.77	0.91	0.24	0.8	0.92	-0.35	0.48	0.9	0.81		0.81	-0.9
Common Stock Total Equity	0.87	0.94	0.95	0.95	0.87	-0.66	-0.83	0.7	0.92	0.85	0.82	0.9	0.96	0.84	0.85	0.91	0.28	0.98	0.97	-0.69	0.86	0.64	0.94	0.81		-0.91
Retained Earnings Total Equity	-0.98	-0.97	-0.78	-0.91	-0.99	0.76	0.52	-0.78	-0.94	-0.89	-0.95	-0.85	-0.94	-0.92	-0.97	-0.85	-0.27	-0.89	-0.96	0.39	-0.78	-0.87	-0.76	-0.9	-0.91

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Hyzon Motors Account Relationship Matchups

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

0.75

Visteon Corp

Pair Corr

Moving against Hyzon Stock

0.9	EVRI	Everi Holdings	Pair Corr
0.8	AGS	PlayAGS	Pair Corr
0.75	HD	Home Depot	Pair Corr
0.7	FLXS	Flexsteel Industries	Pair Corr
0.67	DORM	Dorman Products	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Hyzon Motors is a strong investment it is important to analyze Hyzon Motors' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hyzon Motors' future performance. For an informed investment choice regarding Hyzon Stock, refer to the following important reports:

How To Invest In Hyzon

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Is Hyzon Stock a good investment?

Details

What is Hyzon Motors' Net Worth?

Details

Largest Automobiles & Components Companies

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Largest Consumer Discretionary Companies

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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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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.

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Hyzon Net Working Capital vs Capital Surpluse Analysis

Net Working Capital vs Capital Surpluse

Net Working Capital vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Net Working Capital

Capital Surpluse

Hyzon Motors fundamental ratios Correlations

Hyzon Motors Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Hyzon Motors

Moving together with Hyzon Stock

Moving against Hyzon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Other Assets	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Short Long Term Debt Total

Cash	- 1.0	Net Debt
Retained Earnings Total Equity	- 0.99	Total Stockholder Equity
Retained Earnings Total Equity	- 0.98	Total Assets
Retained Earnings Total Equity	- 0.97	Total Current Assets
Retained Earnings Total Equity	- 0.97	Short Long Term Debt Total
Retained Earnings Total Equity	- 0.96	Property Plant And Equipment Net