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

Latest as of December 2025: 76.9%

First Hydrogen Corp (FHYD) has a Working Capital to Net Assets ratio of 76.9% as of December 2025. Working capital of CA$-4.32 Million (current assets of CA$391.61K minus current liabilities of CA$4.72 Million) is measured against net assets of CA$-5.62 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See FHYD net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

76.9%
Working Capital / Net Assets

Working Capital

CA$-4.32 Million
CAD

Current Assets

CA$391.61K
CAD

Current Liabilities

CA$4.72 Million
CAD

First Hydrogen Corp Working Capital to Net Assets (2019–2025)

This chart shows how First Hydrogen Corp's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 76.9%, reflecting working capital of CA$-4.32 Million against net assets of CA$-5.62 Million CAD. Check FHYD goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for First Hydrogen Corp (2019–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for First Hydrogen Corp from 2019 to 2025, covering 7 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. For live market cap and the full company profile, see FHYD stock market capitalisation.

Year WC/NA Ratio Working Capital (CAD) Net Assets Current Assets Current Liabilities Change (pp)
2025 105.4% CA$-5.99 Million CA$-5.68 Million CA$1.01 Million CA$7.00 Million ▲ +65.7 pp
2024 39.8% CA$-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