Next Hydrogen Solutions Inc. (NXH) - Total Assets
Based on the latest financial reports, Next Hydrogen Solutions Inc. (NXH) holds total assets worth CA$27.31 Million CAD (≈ $19.76 Million USD) as of March 2026. 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. Check cash flow reinvestment rate of Next Hydrogen Solutions Inc. to assess the company's total reinvestment commitment from operating cash flow.
Next Hydrogen Solutions Inc. - Total Assets Trend (2020–2025)
This chart illustrates how Next Hydrogen Solutions Inc.'s total assets have evolved over time, based on quarterly financial data. Explore Next Hydrogen Solutions Inc. long-term investment allocation to see how much of total assets are deployed in long-term investments.
Next Hydrogen Solutions Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
Next Hydrogen Solutions Inc.'s total assets of CA$27.31 Million consist of 71.3% current assets and 28.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 63.9% |
| Accounts Receivable | CA$219.05K | 0.8% |
| Inventory | CA$1.55 Million | 5.4% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$415.08K | 1.4% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2020–2025)
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 71.3% of total assets in 2025, a decrease from 75.8% in 2020.
- Cash Position: Cash and equivalents constituted 63.9% of total assets in 2025, up from 28.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 21.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 5.4% 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 |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
China | CN¥26.79 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥649.07 Million |
|
Wuxi Boton Technology Co Ltd
SHE:300031
|
China | CN¥6.50 Billion |
|
Suzhou TZTEK Technology Co Ltd
SHG:688003
|
China | CN¥3.85 Billion |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
China | CN¥2.81 Billion |
|
Shanghai Cooltech Power Co Ltd
SHE:300153
|
China | CN¥3.18 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 | 2.26 | 0.81 | 11.04 |
| Quick Ratio | 2.06 | 0.34 | 10.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$10.09 Million | CA$-1.29 Million | CA$50.08 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 | 3.96 |
| Latest Market Cap to Assets Ratio | 0.83 |
| Asset Growth Rate (YoY) | 87.4% |
| Total Assets | CA$28.97 Million |
| Market Capitalization | $24.07 Million USD |
Valuation Analysis
Near Book Valuation: The market values Next Hydrogen Solutions Inc.'s assets close to their book value (0.83x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Next Hydrogen Solutions Inc.'s assets grew by 87.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Next Hydrogen Solutions Inc. (2020–2025)
The table below shows the annual total assets of Next Hydrogen Solutions Inc. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$28.97 Million ≈ $20.96 Million |
+87.37% |
| 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. designs, manufactures, and sells electrolyzers and other plant equipment to generate clean hydrogen in Canada. Next Hydrogen Solutions Inc. was founded in 2007 and is headquartered in Mississauga, Canada.