Next Hydrogen Solutions Inc. (NXH) — Net Asset Quality Index
Next Hydrogen Solutions Inc. (NXH) has a Net Asset Quality Index of 28.3% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$24.37 Million minus total liabilities of CA$17.47 Million yields net assets of CA$6.90 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check how high is Next Hydrogen Solutions Inc.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Next Hydrogen Solutions Inc. Net Asset Quality Index Over Time (2020–2025)
This chart shows how Next Hydrogen Solutions Inc.'s Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the index stands at 28.3%, representing net assets of CA$6.90 Million against total assets of CA$24.37 Million CAD. See NXH total equity for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for Next Hydrogen Solutions Inc. (2020–2025)
The table below presents the year-by-year Net Asset Quality Index for Next Hydrogen Solutions Inc. from 2020 to 2025, covering 6 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Next Hydrogen Solutions Inc. market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 41.7% | CA$12.08 Million | CA$28.97 Million | CA$16.89 Million | ▲ +50.6 pp |
| 2024 | -8.9% | CA$-1.37 Million | CA$15.46 Million | CA$16.83 Million | ▼ -58.4 pp |
| 2023 | 49.5% | CA$12.61 Million | CA$25.44 Million | CA$12.84 Million | ▼ -21.3 pp |
| 2022 | 70.9% | CA$23.91 Million | CA$33.73 Million | CA$9.82 Million | ▼ -7.8 pp |
| 2021 | 78.6% | CA$37.79 Million | CA$48.06 Million | CA$10.26 Million | ▲ +254.2 pp |
| 2020 | -175.6% | CA$-6.71 Million | CA$3.82 Million | CA$10.53 Million | — |