Fusion Retained Earnings vs Other Current Assets Analysis

HTOOW Stock  USD 0.01  0  11.76%   
Fusion Fuel financial indicator trend analysis is much more than just examining Fusion Fuel Green latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fusion Fuel Green is a good investment. Please check the relationship between Fusion Fuel Retained Earnings and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Fusion Fuel Green. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Retained Earnings vs Other Current Assets

Retained Earnings vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fusion Fuel Green Retained Earnings account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Fusion Fuel's Retained Earnings and Other Current Assets is -0.82. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Fusion Fuel Green, assuming nothing else is changed. The correlation between historical values of Fusion Fuel's Retained Earnings and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Fusion Fuel Green are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Retained Earnings i.e., Fusion Fuel's Retained Earnings and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Fusion Fuel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fusion Fuel Green current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Fusion Fuel Green. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Tax Provision is likely to climb to about 166.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 14.9 M in 2024.

Fusion Fuel fundamental ratios Correlations

0.440.430.37-0.29-0.390.330.240.440.130.520.380.54-0.420.040.320.30.480.080.440.170.070.350.440.510.22
0.440.94-0.41-0.87-0.640.96-0.660.930.250.540.830.93-0.690.030.260.230.830.140.690.130.040.290.680.440.15
0.430.94-0.61-0.68-0.850.86-0.70.830.470.640.960.9-0.860.310.530.470.890.470.860.420.370.40.850.440.45
0.37-0.41-0.610.160.66-0.380.82-0.26-0.53-0.29-0.68-0.340.63-0.55-0.51-0.43-0.46-0.7-0.61-0.53-0.64-0.25-0.590.0-0.56
-0.29-0.87-0.680.160.2-0.960.46-0.880.23-0.1-0.49-0.690.260.390.230.26-0.550.26-0.260.230.380.14-0.24-0.130.33
-0.39-0.64-0.850.660.2-0.460.61-0.52-0.82-0.82-0.93-0.750.99-0.68-0.89-0.84-0.85-0.79-0.99-0.76-0.75-0.6-0.99-0.56-0.85
0.330.960.86-0.38-0.96-0.46-0.590.910.00.270.710.79-0.49-0.130.02-0.030.690.020.49-0.01-0.110.030.470.2-0.06
0.24-0.66-0.70.820.460.61-0.59-0.62-0.52-0.49-0.66-0.660.66-0.17-0.41-0.35-0.68-0.33-0.63-0.35-0.25-0.27-0.62-0.38-0.34
0.440.930.83-0.26-0.88-0.520.91-0.620.190.480.680.91-0.6-0.20.180.140.86-0.010.590.16-0.150.060.580.530.04
0.130.250.47-0.530.23-0.820.0-0.520.190.840.630.5-0.830.750.940.970.610.70.820.740.720.680.850.690.89
0.520.540.64-0.29-0.1-0.820.27-0.490.480.840.690.78-0.870.460.840.830.760.450.860.520.460.80.880.90.7
0.380.830.96-0.68-0.49-0.930.71-0.660.680.630.690.83-0.920.560.670.650.850.640.920.540.570.510.920.430.63
0.540.930.9-0.34-0.69-0.750.79-0.660.910.50.780.83-0.810.120.490.470.920.20.810.290.120.450.810.740.34
-0.42-0.69-0.860.630.260.99-0.490.66-0.6-0.83-0.87-0.92-0.81-0.6-0.88-0.83-0.9-0.72-1.0-0.73-0.67-0.61-1.0-0.65-0.81
0.040.030.31-0.550.39-0.68-0.13-0.17-0.20.750.460.560.12-0.60.760.820.220.840.60.60.910.620.620.130.83
0.320.260.53-0.510.23-0.890.02-0.410.180.940.840.670.49-0.880.760.960.650.840.880.860.840.670.880.620.98
0.30.230.47-0.430.26-0.84-0.03-0.350.140.970.830.650.47-0.830.820.960.590.750.830.760.780.710.860.650.92
0.480.830.89-0.46-0.55-0.850.69-0.680.860.610.760.850.92-0.90.220.650.590.430.890.610.310.310.890.70.54
0.080.140.47-0.70.26-0.790.02-0.33-0.010.70.450.640.2-0.720.840.840.750.430.720.860.980.410.710.10.92
0.440.690.86-0.61-0.26-0.990.49-0.630.590.820.860.920.81-1.00.60.880.830.890.720.730.670.611.00.650.82
0.170.130.42-0.530.23-0.76-0.01-0.350.160.740.520.540.29-0.730.60.860.760.610.860.730.780.20.720.370.89
0.070.040.37-0.640.38-0.75-0.11-0.25-0.150.720.460.570.12-0.670.910.840.780.310.980.670.780.540.660.10.93
0.350.290.4-0.250.14-0.60.03-0.270.060.680.80.510.45-0.610.620.670.710.310.410.610.20.540.630.560.6
0.440.680.85-0.59-0.24-0.990.47-0.620.580.850.880.920.81-1.00.620.880.860.890.711.00.720.660.630.670.81
0.510.440.440.0-0.13-0.560.2-0.380.530.690.90.430.74-0.650.130.620.650.70.10.650.370.10.560.670.44
0.220.150.45-0.560.33-0.85-0.06-0.340.040.890.70.630.34-0.810.830.980.920.540.920.820.890.930.60.810.44
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Fusion Fuel Account Relationship Matchups

Fusion Fuel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17K62.4M69.2M65.4M42.4M53.0M
Other Current Liab172.1K53.3M17.8M20.6M5.4M5.2M
Total Current Liabilities16K55.1M19.3M25.4M20.4M22.0M
Total Stockholder Equity1K7.4M49.5M29.4M2.7M2.6M
Net Debt1.6M(58.0M)(6.9M)158K11.3M11.8M
Retained Earnings(2K)(188.1M)(164.4M)(191.8M)(222.8M)(211.7M)
Cash95.9K58.0M7.7M8.2M860K817K
Non Current Assets Total15K2.2M22.0M26.6M31.0M24.1M
Cash And Short Term Investments95.9K58.0M35.1M8.2M860K817K
Common Stock Shares Outstanding6.4M2.7M13.2M13.3M14.6M9.6M
Liabilities And Stockholders Equity17K62.4M69.2M65.4M42.4M53.0M
Other Current Assets38.5K1.7M4.6M4.9M1.7M2.4M
Total Liab16K55.1M19.7M36.0M39.6M27.6M
Total Current Assets2K60.2M47.3M38.7M11.3M10.8M

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When running Fusion Fuel's price analysis, check to measure Fusion Fuel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fusion Fuel is operating at the current time. Most of Fusion Fuel's value examination focuses on studying past and present price action to predict the probability of Fusion Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fusion Fuel's price. Additionally, you may evaluate how the addition of Fusion Fuel to your portfolios can decrease your overall portfolio volatility.