First Hydrogen Corp Tangible Net Worth Ratio
First Hydrogen Corp tangible net worth ratio. First Hydrogen Corp (FHYD) has a Tangible Net Worth Ratio of 100.0% as of September 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$1.50 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check FHYD strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of First Hydrogen Corp (2019–2023)
Tangible net worth ratio of First Hydrogen Corp from 2019 to 2023. This chart shows how First Hydrogen Corp's Tangible Net Worth Ratio has changed across 5 annual periods from 2019 to 2023. As of September 2023, the ratio stands at 100.0%, reflecting net assets of CA$1.50 Million with intangible assets of CA$0.00 CAD. See First Hydrogen Corp (FHYD) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
First Hydrogen Corp Tangible Net Worth Ratio by Year (2019–2023)
First Hydrogen Corp tangible net worth ratio by year from 2019 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for First Hydrogen Corp from 2019 to 2023, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see FHYD stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 18.1% | CA$1.09 Million | CA$892.01K | CA$4.24 Million | ▼ -81.9 pp |
| 2022 | 100.0% | CA$1.12 Million | CA$0.00 | CA$5.15 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$1.17 Million | CA$0.00 | CA$2.62 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$516.70K | CA$0.00 | CA$587.38K | ▲ +0.0 pp |
| 2019 | 100.0% | CA$402.72K | CA$0.00 | CA$483.38K | — |