First Total Liab vs Common Stock Shares Outstanding Analysis

FHYD Stock

0.33 0.02 5.71%

First Hydrogen financial indicator trend analysis is much more than just examining First Hydrogen Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Hydrogen Corp is a good investment. Please check the relationship between First Hydrogen Total Liab and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Hydrogen Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Total Liab vs Common Stock Shares Outstanding

Total Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Hydrogen Corp Total Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.

The correlation between First Hydrogen's Total Liab and Common Stock Shares Outstanding is 0.94. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of First Hydrogen Corp, assuming nothing else is changed. The correlation between historical values of First Hydrogen's Total Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of First Hydrogen Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Liab i.e., First Hydrogen's Total Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from First Hydrogen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Hydrogen Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Hydrogen Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Enterprise Value is likely to climb to about 82.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.9 M in 2024.

First Hydrogen fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Total Assets	Total Stockholder Equity	Cash	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Other Current Liab	Other Liab	Long Term Debt	Non Current Liabilities Other	Other Stockholder Equity	Short Long Term Debt	Intangible Assets	Net Debt
Total Current Liabilities		-0.46	-0.76	0.98	0.87	0.93	0.8	0.97	-0.1	0.52	0.88	-0.92	0.95	0.62	0.78	-0.1	0.93	0.38	0.79	0.9	-0.31	-0.67	-0.31	-0.31
Net Tangible Assets	-0.46		0.61	-0.53	-0.72	-0.28	-0.62	-0.39	0.45	0.11	-0.69	0.27	-0.54	-0.05	-0.61	0.51	-0.25	-0.44	-0.68	-0.73	0.44	0.58	0.43	0.44
Retained Earnings	-0.76	0.61		-0.8	-0.95	-0.53	-1.0	-0.65	0.7	0.03	-0.93	0.81	-0.85	0.0	-1.0	0.71	-0.79	-0.82	-0.99	-0.92	0.8	0.96	0.78	0.8
Accounts Payable	0.98	-0.53	-0.8		0.88	0.86	0.84	0.92	-0.14	0.38	0.92	-0.88	0.93	0.52	0.81	-0.2	0.89	0.41	0.83	0.92	-0.32	-0.75	-0.31	-0.32
Net Receivables	0.87	-0.72	-0.95	0.88		0.71	0.96	0.81	-0.53	0.22	0.95	-0.85	0.93	0.28	0.95	-0.5	0.83	0.68	0.97	0.99	-0.69	-0.86	-0.68	-0.69
Total Current Assets	0.93	-0.28	-0.53	0.86	0.71		0.59	0.99	0.16	0.75	0.65	-0.86	0.81	0.83	0.56	0.22	0.84	0.08	0.57	0.75	-0.16	-0.4	-0.16	-0.16
Common Stock	0.8	-0.62	-1.0	0.84	0.96	0.59		0.7	-0.64	0.01	0.94	-0.84	0.86	0.06	1.0	-0.66	0.81	0.76	1.0	0.94	-0.77	-0.96	-0.76	-0.77
Total Assets	0.97	-0.39	-0.65	0.92	0.81	0.99	0.7		0.02	0.68	0.76	-0.9	0.88	0.75	0.67	0.07	0.89	0.23	0.69	0.85	-0.27	-0.52	-0.27	-0.27
Total Stockholder Equity	-0.1	0.45	0.7	-0.14	-0.53	0.16	-0.64	0.02		0.46	-0.48	0.29	-0.35	0.58	-0.67	0.92	-0.25	-0.92	-0.64	-0.45	0.89	0.67	0.88	0.89
Cash	0.52	0.11	0.03	0.38	0.22	0.75	0.01	0.68	0.46		0.13	-0.49	0.45	0.94	-0.01	0.69	0.51	-0.23	-0.01	0.27	0.23	0.24	0.23	0.23
Common Stock Shares Outstanding	0.88	-0.69	-0.93	0.92	0.95	0.65	0.94	0.76	-0.48	0.13		-0.82	0.94	0.23	0.93	-0.51	0.84	0.7	0.95	0.96	-0.54	-0.88	-0.52	-0.54
Other Current Assets	-0.92	0.27	0.81	-0.88	-0.85	-0.86	-0.84	-0.9	0.29	-0.49	-0.82		-0.92	-0.48	-0.83	0.2	-0.99	-0.53	-0.81	-0.85	0.52	0.71	0.51	0.52
Total Liab	0.95	-0.54	-0.85	0.93	0.93	0.81	0.86	0.88	-0.35	0.45	0.94	-0.92		0.48	0.85	-0.27	0.94	0.62	0.86	0.94	-0.47	-0.72	-0.45	-0.47
Net Invested Capital	0.62	-0.05	0.0	0.52	0.28	0.83	0.06	0.75	0.58	0.94	0.23	-0.48	0.48		0.03	0.69	0.5	-0.34	0.06	0.35	0.33	0.15	0.33	0.33
Capital Stock	0.78	-0.61	-1.0	0.81	0.95	0.56	1.0	0.67	-0.67	-0.01	0.93	-0.83	0.85	0.03		-0.68	0.8	0.79	1.0	0.93	-0.79	-0.96	-0.78	-0.79
Net Working Capital	-0.1	0.51	0.71	-0.2	-0.5	0.22	-0.66	0.07	0.92	0.69	-0.51	0.2	-0.27	0.69	-0.68		-0.17	-0.82	-0.67	-0.44	0.8	0.78	0.79	0.8
Other Current Liab	0.93	-0.25	-0.79	0.89	0.83	0.84	0.81	0.89	-0.25	0.51	0.84	-0.99	0.94	0.5	0.8	-0.17		0.54	0.78	0.83	-0.43	-0.68	-0.42	-0.43
Other Liab	0.38	-0.44	-0.82	0.41	0.68	0.08	0.76	0.23	-0.92	-0.23	0.7	-0.53	0.62	-0.34	0.79	-0.82	0.54		0.76	0.62	-0.8	-0.76	-0.77	-0.8
Long Term Debt	0.79	-0.68	-0.99	0.83	0.97	0.57	1.0	0.69	-0.64	-0.01	0.95	-0.81	0.86	0.06	1.0	-0.67	0.78	0.76		0.95	-0.76	-0.96	-0.75	-0.76
Non Current Liabilities Other	0.9	-0.73	-0.92	0.92	0.99	0.75	0.94	0.85	-0.45	0.27	0.96	-0.85	0.94	0.35	0.93	-0.44	0.83	0.62	0.95		-0.61	-0.83	-0.6	-0.61
Other Stockholder Equity	-0.31	0.44	0.8	-0.32	-0.69	-0.16	-0.77	-0.27	0.89	0.23	-0.54	0.52	-0.47	0.33	-0.79	0.8	-0.43	-0.8	-0.76	-0.61		0.75	1.0	1.0
Short Long Term Debt	-0.67	0.58	0.96	-0.75	-0.86	-0.4	-0.96	-0.52	0.67	0.24	-0.88	0.71	-0.72	0.15	-0.96	0.78	-0.68	-0.76	-0.96	-0.83	0.75		0.74	0.75
Intangible Assets	-0.31	0.43	0.78	-0.31	-0.68	-0.16	-0.76	-0.27	0.88	0.23	-0.52	0.51	-0.45	0.33	-0.78	0.79	-0.42	-0.77	-0.75	-0.6	1.0	0.74		1.0
Net Debt	-0.31	0.44	0.8	-0.32	-0.69	-0.16	-0.77	-0.27	0.89	0.23	-0.54	0.52	-0.47	0.33	-0.79	0.8	-0.43	-0.8	-0.76	-0.61	1.0	0.75	1.0

Click cells to compare fundamentals

First Hydrogen Account Relationship Matchups

First Hydrogen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	70.7K	1.4M	2.9M	3.2M	2.1M	1.5M
Net Tangible Assets	516.7K	1.1M	129.6K	197.3K	177.5K	168.7K
Retained Earnings	(1.3M)	(3.8M)	(12.7M)	(26.4M)	(37.4M)	(35.6M)
Accounts Payable	66.0K	754.7K	2.1M	3.0M	1.8M	1.2M
Net Receivables	12.8K	30.8K	33.3K	887.3K	1.0M	1.1M
Total Current Assets	587.4K	2.5M	4.2M	3.3M	1.2M	2.0M
Common Stock	1.4M	4.0M	12.1M	24.7M	28.4M	29.9M
Total Assets	587.4K	2.6M	5.1M	4.2M	2.2M	2.8M
Total Stockholder Equity	516.7K	1.2M	1.1M	1.1M	(2.1M)	(2.0M)
Cash	334.6K	1.6M	2.6M	394.8K	87.5K	83.1K
Total Liab	70.7K	1.5M	4.0M	3.2M	4.3M	2.4M
Net Invested Capital	516.7K	1.2M	2.4M	1.1M	100.7K	95.7K
Capital Stock	1.4M	4.1M	12.1M	24.7M	30.9M	32.4M
Net Working Capital	516.7K	1.1M	1.3M	188.8K	(847.9K)	(805.5K)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for First Stock Analysis

When running First Hydrogen's price analysis, check to measure First Hydrogen'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 First Hydrogen is operating at the current time. Most of First Hydrogen's value examination focuses on studying past and present price action to predict the probability of First Hydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Hydrogen's price. Additionally, you may evaluate how the addition of First Hydrogen to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC