Next Hydrogen Solutions Inc. (NXH) — Tangible Net Worth Ratio
Next Hydrogen Solutions Inc. (NXH) has a Tangible Net Worth Ratio of 95.9% as of March 2026. This metric is calculated by deducting intangible assets (CA$394.63K) from net assets (CA$9.61 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. For live market cap and overall valuation, see market value of Next Hydrogen Solutions Inc..
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Next Hydrogen Solutions Inc. Tangible Net Worth Ratio (2021–2025)
This chart shows how Next Hydrogen Solutions Inc.'s Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 95.9%, reflecting net assets of CA$9.61 Million with intangible assets of CA$394.63K CAD. Also explore Next Hydrogen Solutions Inc. (NXH) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Next Hydrogen Solutions Inc. (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Next Hydrogen Solutions Inc. from 2021 to 2025, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See Next Hydrogen Solutions Inc. (NXH) financial flexibility to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.6% | CA$12.08 Million | CA$415.08K | CA$28.97 Million | ▲ +2.3 pp |
| 2023 | 94.3% | CA$12.61 Million | CA$724.66K | CA$25.44 Million | ▼ -2.2 pp |
| 2022 | 96.4% | CA$23.91 Million | CA$859.04K | CA$33.73 Million | ▼ -0.8 pp |
| 2021 | 97.2% | CA$37.79 Million | CA$1.06 Million | CA$48.06 Million | — |