Newhydrogen Inc
NewHydrogen, Inc. engages in the development of clean energy technologies. It engages in the development of electrolyzer technology to lower the cost of green hydrogen production. The company focuses on reducing or replacing rare earth materials, to help usher in the green hydrogen economy. The company was formerly known as BioSolar, Inc. and changed its name to NewHydrogen, Inc. in April 2021. N… Read more
Newhydrogen Inc (NEWH) - Total Assets
Latest total assets as of December 2024: $2.13 Million USD
Based on the latest financial reports, Newhydrogen Inc (NEWH) holds total assets worth $2.13 Million USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Newhydrogen Inc - Total Assets Trend (2006–2024)
This chart illustrates how Newhydrogen Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Newhydrogen Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Newhydrogen Inc's total assets of $2.13 Million consist of 99.1% current assets and 0.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $18.14K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Newhydrogen Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Newhydrogen Inc's current assets represent 99.1% of total assets in 2024, a decrease from 99.8% in 2006.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 16.5% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is intangible assets at 0.0% of total assets.
Newhydrogen Inc Competitors by Total Assets
Key competitors of Newhydrogen Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Newhydrogen Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Newhydrogen Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Newhydrogen Inc is currently not profitable relative to its asset base.
Newhydrogen Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 264.61 | 376.02 | 0.01 |
| Quick Ratio | 264.61 | 376.02 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.10 Million | $ 3.68 Million | $ -17.22 Million |
Newhydrogen Inc - Advanced Valuation Insights
This section examines the relationship between Newhydrogen Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 23.69 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 57268.9% |
| Total Assets | $2.13 Billion |
| Market Capitalization | $13.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Newhydrogen Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Newhydrogen Inc's assets grew by 57268.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Newhydrogen Inc (2006–2024)
The table below shows the annual total assets of Newhydrogen Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.13 Billion | +57268.93% |
| 2023-12-31 | $3.71 Million | -23.82% |
| 2022-12-31 | $4.87 Million | -27.16% |
| 2021-12-31 | $6.69 Million | +4212.31% |
| 2020-12-31 | $155.13K | +17.25% |
| 2019-12-31 | $132.31K | -13.67% |
| 2018-12-31 | $153.25K | -30.03% |
| 2017-12-31 | $219.02K | -31.01% |
| 2016-12-31 | $317.50K | -14.68% |
| 2015-12-31 | $372.12K | +19.82% |
| 2014-12-31 | $310.56K | +22.60% |
| 2013-12-31 | $253.32K | +76.50% |
| 2012-12-31 | $143.52K | -48.27% |
| 2011-12-31 | $277.43K | +15.63% |
| 2010-12-31 | $239.93K | -61.25% |
| 2009-12-31 | $619.10K | +10.31% |
| 2008-12-31 | $561.21K | -48.21% |
| 2007-12-31 | $1.08 Million | -11.16% |
| 2006-12-31 | $1.22 Million | -- |