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 -0.352x as of March 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$-3.39 Million ≈ $-2.45 Million USD) by net assets (CA$9.61 Million ≈ $6.96 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Next Hydrogen Solutions Inc. balance sheet quality to measure how much of total assets are equity-financed.
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. Check Next Hydrogen Solutions Inc. (NXH) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Bioceres Crop Solutions Corp
NASDAQ:BIOX
|
0.149x |
|
Rubean AG
F:R1B
|
N/A |
|
CHINA NEW ENERGY LS-00025
F:9H5
|
N/A |
|
Kalyani Forge Limited
NSE:KALYANIFRG
|
-0.027x |
|
UTI Inc
KQ:179900
|
-0.224x |
|
Transtema Group AB
ST:TRANS
|
-0.006x |
|
Wolftank Group AG
XETRA:WAH
|
0.157x |
|
Cleanspace Holdings Ltd
AU:CSX
|
-0.017x |
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. For the full company profile with market capitalisation and key ratios, see NXH market cap.
| 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.