Next Hydrogen Solutions Inc. (NXH) — Defensive Interval Ratio
Next Hydrogen Solutions Inc. (NXH) has a Defensive Interval Ratio of 54 days as of September 2025. Defensive assets of CA$846.75K (cash CA$-, short-term investments CA$-, receivables CA$846.75K) cover 54 days of daily cash needs of CA$15.57K/day. Check Next Hydrogen Solutions Inc. (NXH) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Next Hydrogen Solutions Inc. Defensive Interval Ratio (2019–2024)
This chart shows how Next Hydrogen Solutions Inc.'s Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 54 days, meaning defensive assets of CA$846.75K can fund 54 days of operations without new revenue. Also explore Next Hydrogen Solutions Inc. equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Next Hydrogen Solutions Inc. (2019–2024)
The table below presents the year-by-year Defensive Interval Ratio for Next Hydrogen Solutions Inc. from 2019 to 2024, covering 6 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see NXH market cap.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (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$- | — |