Next Hydrogen Solutions Inc
Next Hydrogen Solutions Inc. develops and produces water electrolyzers to work with intermittent renewable energy in Canada. It also provides preventive maintenance and technical support services, as well as training services. Next Hydrogen Solutions Inc. was founded in 2007 and is headquartered in Mississauga, Canada.
Next Hydrogen Solutions Inc (NXHSF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.336x
Based on the latest financial reports, Next Hydrogen Solutions Inc (NXHSF) has a cash flow conversion efficiency ratio of 0.336x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-2.34 Million) by net assets ($-6.95 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Next Hydrogen Solutions Inc - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Next Hydrogen Solutions Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Next Hydrogen Solutions Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Next Hydrogen Solutions Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nexus Uranium Corp.
F:JA7
|
-0.081x |
|
ESOTIQ + HENDERSON ZY-10
F:K4Q
|
N/A |
|
MRG Metals Ltd
AU:MRQ
|
-0.030x |
|
Battery Mineral Resources Corp
OTCQB:BTRMF
|
-2.470x |
|
China Oceanwide Holdings Limited
F:HRH
|
-0.021x |
|
UDAYSHIVAKUMAR INFRA ORD (BSE)
NSE:USK
|
0.019x |
|
Starteck Finance Limited
NSE:STARTECK
|
0.001x |
|
Wolfden Resources Corporation
PINK:WLFFF
|
-0.231x |
Annual Cash Flow Conversion Efficiency for Next Hydrogen Solutions Inc (2020–2024)
The table below shows the annual cash flow conversion efficiency of Next Hydrogen Solutions Inc from 2020 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-1.37 Million | $-10.00 Million | 7.295x | +1218.30% |
| 2023-12-31 | $12.61 Million | $-8.22 Million | -0.652x | -23.41% |
| 2022-12-31 | $23.91 Million | $-12.64 Million | -0.529x | -59.13% |
| 2021-12-31 | $37.79 Million | $-12.55 Million | -0.332x | -157.90% |
| 2020-12-31 | $-6.71 Million | $-3.85 Million | 0.574x | -- |