NewHydrogen, Inc.
General ticker "NEWH" information:
- Sector: Industrials
- Industry: Machinery
- Capitalization: $16.7M (TTM average)
NewHydrogen, Inc. follows the US Stock Market performance with the rate: 5.8%.
Estimated limits based on current volatility of 4.4%: low 0.02$, high 0.02$
Factors to consider:
- Total employees count: 2 (+100.0%) as of 2023
- Top business risk factors: High R&D costs, Market acceptance, Labor/talent shortage/retention, Strategic risks and growth management, Market competition
- Current price 43.5% above estimated high
- Earnings for 18 months up through Q2 (+1 year) exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [0.00$, 0.01$]
- 2024-12-30 to 2025-12-30 estimated range: [0.00$, 0.01$]
Financial Metrics affecting the NEWH estimates:
- Positive: with PPE of -1.7 at the end of fiscal year the price was very low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -22.05 <= 0.33
- Negative: negative Net income
- Positive: Inventory ratio change, % of 0 <= 0
- Negative: negative Industry operating cash flow (median)
- Positive: Shareholder equity ratio, % of 99.73 > 63.39
- Positive: Investing cash flow per share per price, % of 0 > -0.66
- Positive: Industry inventory ratio change (median), % of -1.79 <= -0.15
Short-term NEWH quotes
Long-term NEWH plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $0.00MM | $0.00MM | $0.00MM |
| Operating Expenses | $52.45MM | $12.09MM | $3.18MM |
| Operating Income | $-52.45MM | $-12.09MM | $-3.18MM |
| Non-Operating Income | $62.64MM | $0.00MM | $0.00MM |
| Interest Expense | $0.57MM | $0.00MM | $0.00MM |
| R&D Expense | $1.22MM | $1.10MM | $0.20MM |
| Income(Loss) | $10.19MM | $-12.09MM | $-3.18MM |
| Profit(Loss)* | $10.19MM | $-12.09MM | $-3.18MM |
| Stockholders Equity | $6.69MM | $4.87MM | $3.70MM |
| Assets | $6.69MM | $4.87MM | $3.71MM |
| Operating Cash Flow | $-2.08MM | $-1.81MM | $-1.16MM |
| Financing Cash Flow | $8.67MM | $0.00MM | $0.00MM |
| Earnings Per Share** | $0.02 | $-0.02 | $-0.00 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.