Next Hydrogen Solutions Inc. (NXH) — Net Asset Quality Index
Next Hydrogen Solutions Inc. (NXH) has a Net Asset Quality Index of 35.2% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$27.31 Million minus total liabilities of CA$17.70 Million yields net assets of CA$9.61 Million. A higher index indicates a stronger, lower-leverage balance sheet. See NXH days of operational coverage to measure how many days the company can operate on defensive assets alone.
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 March 2026, the index stands at 35.2%, representing net assets of CA$9.61 Million against total assets of CA$27.31 Million CAD. Explore cash efficiency ratio of Next Hydrogen Solutions Inc. to assess how effectively this company generates cash.
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 market capitalisation and the full company profile, see Next Hydrogen Solutions Inc. (NXH) 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 | — |