Next Hydrogen Solutions Inc. (NXH) - Total Assets
Based on the latest financial reports, Next Hydrogen Solutions Inc. (NXH) holds total assets worth CA$13.99 Million CAD (≈ $10.12 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See shareholders equity of Next Hydrogen Solutions Inc. for net asset value and shareholders' equity analysis.
Next Hydrogen Solutions Inc. - Total Assets Trend (2020–2024)
This chart illustrates how Next Hydrogen Solutions Inc.'s total assets have evolved over time, based on quarterly financial data.
Next Hydrogen Solutions Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Next Hydrogen Solutions Inc.'s total assets of CA$13.99 Million consist of 47.9% current assets and 52.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 23.2% |
| Accounts Receivable | CA$316.12K | 2.0% |
| Inventory | CA$3.05 Million | 19.7% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$624.66K | 4.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Next Hydrogen Solutions Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see NXH stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Next Hydrogen Solutions Inc.'s current assets represent 47.9% of total assets in 2024, a decrease from 75.8% in 2020.
- Cash Position: Cash and equivalents constituted 23.2% of total assets in 2024, down from 28.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 21.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 19.7% of total assets.
Next Hydrogen Solutions Inc. Competitors by Total Assets
Key competitors of Next Hydrogen Solutions Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GE Vernova LLC
NYSE:GEV
|
USA | $63.02 Billion |
|
NARI Technology Co Ltd
SHG:600406
|
China | CN¥92.82 Billion |
|
Schindler Holding AG
SW:SCHN
|
Switzerland | CHF11.72 Billion |
|
Nordex SE
F:NDX1
|
Germany | €5.67 Billion |
|
ATS Corporation
NYSE:ATS
|
USA | $4.48 Billion |
|
Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660
|
China | CN¥33.92 Billion |
|
Jiangsu Guomao Reducer Co Ltd
SHG:603915
|
China | CN¥5.36 Billion |
|
Xinlei Compressor Co. Ltd. A
SHE:301317
|
China | CN¥2.43 Billion |
Next Hydrogen Solutions Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.94 | 1.46 | 1.94 |
| Quick Ratio | 0.37 | 0.84 | 1.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-355.88K | CA$2.22 Million | CA$3.43 Million |
Next Hydrogen Solutions Inc. - Advanced Valuation Insights
This section examines the relationship between Next Hydrogen Solutions Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.85 |
| Latest Market Cap to Assets Ratio | 1.75 |
| Asset Growth Rate (YoY) | -39.2% |
| Total Assets | CA$15.46 Million |
| Market Capitalization | $27.03 Million USD |
Valuation Analysis
Above Book Valuation: The market values Next Hydrogen Solutions Inc.'s assets above their book value (1.75x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Next Hydrogen Solutions Inc.'s assets decreased by 39.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Next Hydrogen Solutions Inc. (2020–2024)
The table below shows the annual total assets of Next Hydrogen Solutions Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$15.46 Million ≈ $11.19 Million |
-39.23% |
| 2023-12-31 | CA$25.44 Million ≈ $18.41 Million |
-24.56% |
| 2022-12-31 | CA$33.73 Million ≈ $24.40 Million |
-29.82% |
| 2021-12-31 | CA$48.06 Million ≈ $34.76 Million |
+1157.21% |
| 2020-12-31 | CA$3.82 Million ≈ $2.77 Million |
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About Next Hydrogen Solutions Inc.
Next Hydrogen Solutions Inc. develops and produces water electrolyzers to work with intermittent renewable energy in Canada. It also provides preventive maintenance and technical support services, as well as training services. Next Hydrogen Solutions Inc. was founded in 2007 and is headquartered in Mississauga, Canada.