First Hydrogen Corp (FHYD) — Net Asset Quality Index
First Hydrogen Corp (FHYD) has a Net Asset Quality Index of -501.1% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.12 Million minus total liabilities of CA$6.75 Million yields net assets of CA$-5.62 Million. A higher index indicates a stronger, lower-leverage balance sheet. Also explore FHYD asset base for the complete picture of this company's asset base.
Quality Index
Net Assets
Total Assets
Total Liabilities
First Hydrogen Corp Net Asset Quality Index Over Time (2019–2025)
This chart shows how First Hydrogen Corp's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the index stands at -501.1%, representing net assets of CA$-5.62 Million against total assets of CA$1.12 Million CAD. See First Hydrogen Corp (FHYD) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for First Hydrogen Corp (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for First Hydrogen Corp from 2019 to 2025, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of First Hydrogen Corp.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -311.3% | CA$-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 | — |