Next Hydrogen Solutions Inc. (NXH) - 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. Also see NXH market cap for the company's overall valuation and market capitalisation.
Next Hydrogen Solutions Inc. - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how Next Hydrogen Solutions Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore Next Hydrogen Solutions Inc. cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NanoViricides Inc
NYSE MKT:NNVC
|
-0.222x |
|
NWP Holdings Bhd
KLSE:5025
|
-0.014x |
|
Maheshwari Logistics Limited
NSE:MAHESHWARI
|
-0.131x |
|
Tainwala Chemical and Plastic (I) Limited
NSE:TAINWALCHM
|
-0.028x |
|
Parkway Corporate Ltd
AU:PWN
|
-0.011x |
|
DigiCAP Co. Ltd
KQ:197140
|
-0.074x |
|
MESB Bhd
KLSE:7234
|
0.049x |
|
Rimfire Pacific Mining Ltd
AU:RIM
|
-0.126x |
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. View Next Hydrogen Solutions Inc. stock quote for real-time trading data and today's change.
| 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.