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. See Next Hydrogen Solutions Inc. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
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. See how leveraged is Next Hydrogen Solutions Inc.'s balance sheet to measure how much of total assets are equity-financed.
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 live market cap and the full company financial profile, see NXH company net worth.
| 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$- | — |