Next Hydrogen Solutions Inc. (NXH) — Defensive Interval Ratio
Next Hydrogen Solutions Inc. (NXH) has a Defensive Interval Ratio of 24 days as of June 2026. Defensive assets of CA$589.01K (cash CA$-, short-term investments CA$-, receivables CA$589.01K) cover 24 days of daily cash needs of CA$24.35K/day. Explore Next Hydrogen Solutions Inc. (NXH) long-term investment share to see how much of total assets are deployed in long-term investments.
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 June 2026, the ratio stands at 24 days, meaning defensive assets of CA$589.01K can fund 24 days of operations without new revenue. Read NXH total debt and obligations for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see how large is Next Hydrogen Solutions Inc.'s balance sheet.
| 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$- | — |