First Hydrogen Corp (FHYD) — Working Capital to Net Assets Ratio

Latest as of March 2026: 73.5%

First Hydrogen Corp (FHYD) has a Working Capital to Net Assets ratio of 73.5% as of March 2026. Working capital of CA$-3.62 Million (current assets of CA$1.36 Million minus current liabilities of CA$4.98 Million) is measured against net assets of CA$-4.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See First Hydrogen Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

73.5%
Working Capital / Net Assets

Working Capital

CA$-3.62 Million
CAD

Current Assets

CA$1.36 Million
CAD

Current Liabilities

CA$4.98 Million
CAD

First Hydrogen Corp Working Capital to Net Assets (2019–2026)

This chart shows how First Hydrogen Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2019 to 2026. As of March 2026, the ratio stands at 73.5%, reflecting working capital of CA$-3.62 Million against net assets of CA$-4.93 Million CAD. For the complete balance sheet picture, see FHYD total asset value.

Annual Working Capital to Net Assets for First Hydrogen Corp (2019–2026)

The table below presents the year-by-year Working Capital to Net Assets ratio for First Hydrogen Corp from 2019 to 2026, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read FHYD current and long-term liabilities for a breakdown of total debt and financial obligations.

Year WC/NA Ratio Working Capital (CAD) Net Assets Current Assets Current Liabilities Change (pp)
2026 73.5% CA$-3.62 Million CA$-4.93 Million CA$1.36 Million CA$4.98 Million ▼ -32.7 pp
2025 106.2% CA$-6.03 Million CA$-5.68 Million CA$1.01 Million CA$7.04 Million ▲ +66.4 pp
2024 39.8% CA$-847.86K CA$-2.13 Million CA$1.20 Million CA$2.05 Million ▲ +22.4 pp
2023 17.3% CA$188.81K CA$1.09 Million CA$3.34 Million CA$3.15 Million ▼ -96.1 pp
2022 113.4% CA$1.27 Million CA$1.12 Million CA$4.16 Million CA$2.89 Million ▲ +16.5 pp
2021 96.9% CA$1.13 Million CA$1.17 Million CA$2.48 Million CA$1.35 Million ▼ -3.1 pp
2020 100.0% CA$516.70K CA$516.70K CA$587.38K CA$70.68K ▲ +0.0 pp
2019 100.0% CA$402.72K CA$402.72K CA$483.38K CA$80.67K
pp = percentage points