Next Hydrogen Solutions Inc. Cash Flow Conversion Efficiency
Next Hydrogen Solutions Inc. cash flow conversion efficiency. Based on the latest financial reports, Next Hydrogen Solutions Inc. (NXH) has a cash flow conversion efficiency ratio of -0.339x as of June 2026. 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 (CA$-2.34 Million ≈ $-1.69 Million USD) by net assets (CA$6.90 Million ≈ $4.99 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Next Hydrogen Solutions Inc. (2020–2025)
Cash flow conversion efficiency of Next Hydrogen Solutions Inc. from 2020 to 2025. This chart illustrates how Next Hydrogen Solutions Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Next Hydrogen Solutions Inc. (NXH) share price today for real-time trading data and today's change.
Next Hydrogen Solutions Inc. Cash Flow Conversion Ratio Explained
Next Hydrogen Solutions Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Next Hydrogen Solutions Inc. (NXH) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Acrinova AB Series B
ST:ACRI-B
|
0.018x |
|
Eagon Ind
KO:008250
|
0.033x |
|
Guandian Defense Technology Co. Ltd. A
SHG:688287
|
N/A |
|
Atossa Genetics Inc
NASDAQ:ATOS
|
-0.121x |
|
ED Invest S.A.
WAR:EDI
|
-0.008x |
|
Trek Metals Ltd
AU:TKM
|
-0.027x |
|
Vibhor Steel Tubes Limited
NSE:VSTL
|
0.059x |
|
Kyobo 3 SPAC
KQ:208710
|
0.033x |
Annual Cash Flow Conversion Efficiency for Next Hydrogen Solutions Inc. (2020–2025)
The table below shows the annual cash flow conversion efficiency of Next Hydrogen Solutions Inc. from 2020 to 2025. Review how much free cash does Next Hydrogen Solutions Inc. generate to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$12.08 Million ≈ $8.74 Million |
CA$-7.02 Million ≈ $-5.08 Million |
-0.581x | -107.96% |
| 2024-12-31 | CA$-1.37 Million ≈ $-991.38K |
CA$-10.00 Million ≈ $-7.23 Million |
7.295x | +1218.30% |
| 2023-12-31 | CA$12.61 Million ≈ $9.12 Million |
CA$-8.22 Million ≈ $-5.95 Million |
-0.652x | -23.41% |
| 2022-12-31 | CA$23.91 Million ≈ $17.29 Million |
CA$-12.64 Million ≈ $-9.14 Million |
-0.529x | -59.13% |
| 2021-12-31 | CA$37.79 Million ≈ $27.34 Million |
CA$-12.55 Million ≈ $-9.08 Million |
-0.332x | -157.90% |
| 2020-12-31 | CA$-6.71 Million ≈ $-4.85 Million |
CA$-3.85 Million ≈ $-2.79 Million |
0.574x | -- |
About Next Hydrogen Solutions Inc.
Next Hydrogen Solutions Inc. designs, manufactures, and sells electrolyzers and other plant equipment to generate clean hydrogen in Canada. Next Hydrogen Solutions Inc. was founded in 2007 and is headquartered in Mississauga, Canada.