Next Hydrogen Solutions Inc. (NXH) — Defensive Interval Ratio
Next Hydrogen Solutions Inc. (NXH) has a Defensive Interval Ratio of 27 days as of March 2026. Defensive assets of CA$584.71K (cash CA$-, short-term investments CA$-, receivables CA$584.71K) cover 27 days of daily cash needs of CA$21.95K/day. For the complete balance sheet picture, see Next Hydrogen Solutions Inc. balance sheet assets.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Next Hydrogen Solutions Inc. Defensive Interval Ratio (2019–2025)
This chart shows how Next Hydrogen Solutions Inc.'s Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 27 days, meaning defensive assets of CA$584.71K can fund 27 days of operations without new revenue. Check Next Hydrogen Solutions Inc. (NXH) asset resilience to evaluate the company's liquid asset resilience ratio.
Annual Defensive Interval Ratio for Next Hydrogen Solutions Inc. (2019–2025)
The table below presents the year-by-year Defensive Interval Ratio for Next Hydrogen Solutions Inc. from 2019 to 2025, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 9 days | CA$219.05K | CA$23.37K/day | CA$- | CA$- | ▼ -8 days |
| 2024 | 18 days | CA$316.12K | CA$17.70K/day | CA$- | CA$- | ▼ -95 days |
| 2023 | 113 days | CA$1.43 Million | CA$12.62K/day | CA$- | CA$- | ▲ +75 days |
| 2022 | 39 days | CA$154.09K | CA$3.99K/day | CA$- | CA$- | ▼ -13 days |
| 2021 | 51 days | CA$893.89K | CA$17.39K/day | CA$- | CA$- | ▼ -10 days |
| 2020 | 62 days | CA$1.51 Million | CA$24.49K/day | CA$- | CA$1.30 Million | ▼ -15 days |
| 2019 | 76 days | CA$122.43K | CA$1.60K/day | CA$- | CA$- | — |