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First Hydrogen (STU:FIT) Liabilities-to-Assets : 1.27 (As of Dec. 2023)


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What is First Hydrogen Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. First Hydrogen's Total Liabilities for the quarter that ended in Dec. 2023 was €2.27 Mil. First Hydrogen's Total Assets for the quarter that ended in Dec. 2023 was €1.79 Mil. Therefore, First Hydrogen's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 1.27.


First Hydrogen Liabilities-to-Assets Historical Data

The historical data trend for First Hydrogen's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Hydrogen Liabilities-to-Assets Chart

First Hydrogen Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
0.17 0.12 0.56 0.78 0.74

First Hydrogen Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.74 0.39 0.54 1.27

Competitive Comparison of First Hydrogen's Liabilities-to-Assets

For the Auto Manufacturers subindustry, First Hydrogen's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Hydrogen's Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, First Hydrogen's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where First Hydrogen's Liabilities-to-Assets falls into.



First Hydrogen Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

First Hydrogen's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=2.151/2.894
=0.74

First Hydrogen's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=2.271/1.785
=1.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Hydrogen  (STU:FIT) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


First Hydrogen Liabilities-to-Assets Related Terms

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First Hydrogen (STU:FIT) Business Description

Traded in Other Exchanges
Address
755 Burrard Street, Suite 440, Vancouver, BC, CAN, V6Z 1X6
First Hydrogen Corp is a Vancouver Canada and London UK-based company focused on zero emission vehicles, green hydrogen production, and distribution and supercritical carbon dioxide extractor systems in in UK, EU, and North America.

First Hydrogen (STU:FIT) Headlines

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