First Hydrogen Corp (FHYD) — Net Asset Quality Index
First Hydrogen Corp (FHYD) has a Net Asset Quality Index of -239.0% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$2.06 Million minus total liabilities of CA$7.00 Million yields net assets of CA$-4.93 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read First Hydrogen Corp total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
First Hydrogen Corp Net Asset Quality Index Over Time (2019–2026)
This chart shows how First Hydrogen Corp's Net Asset Quality Index has evolved across 8 annual periods from 2019 to 2026. As of March 2026, the index stands at -239.0%, representing net assets of CA$-4.93 Million against total assets of CA$2.06 Million CAD. For live market cap and overall valuation, see First Hydrogen Corp market capitalisation.
Annual Net Asset Quality Index for First Hydrogen Corp (2019–2026)
The table below presents the year-by-year Net Asset Quality Index for First Hydrogen Corp from 2019 to 2026, covering 8 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check asset allocation strategy of First Hydrogen Corp to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | -239.0% | CA$-4.93 Million | CA$2.06 Million | CA$7.00 Million | ▲ +72.3 pp |
| 2025 | -311.3% | CA$-5.68 Million | CA$1.82 Million | CA$7.50 Million | ▼ -212.3 pp |
| 2024 | -99.0% | CA$-2.13 Million | CA$2.15 Million | CA$4.28 Million | ▼ -124.7 pp |
| 2023 | 25.7% | CA$1.09 Million | CA$4.24 Million | CA$3.15 Million | ▲ +3.9 pp |
| 2022 | 21.8% | CA$1.12 Million | CA$5.15 Million | CA$4.03 Million | ▼ -22.7 pp |
| 2021 | 44.5% | CA$1.17 Million | CA$2.62 Million | CA$1.46 Million | ▼ -43.5 pp |
| 2020 | 88.0% | CA$516.70K | CA$587.38K | CA$70.68K | ▲ +4.7 pp |
| 2019 | 83.3% | CA$402.72K | CA$483.38K | CA$80.67K | — |