Next Hydrogen Solutions Inc. Total Assets
Next Hydrogen Solutions Inc. total assets. Based on the latest financial reports, Next Hydrogen Solutions Inc. (NXH) holds total assets worth CA$24.37 Million CAD (≈ $17.63 Million USD) as of June 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. Also see Next Hydrogen Solutions Inc. (NXH) market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Next Hydrogen Solutions Inc. (2020–2025)
Total assets of Next Hydrogen Solutions Inc. from 2020 to 2025. This chart illustrates how Next Hydrogen Solutions Inc.'s total assets have evolved over time, based on quarterly financial data. See today's stock price for Next Hydrogen Solutions Inc. for real-time trading data and today's change.
Next Hydrogen Solutions Inc. - Asset Composition Analysis
Next Hydrogen Solutions Inc. Total Assets Breakdown (December 2025)
Next Hydrogen Solutions Inc. total assets breakdown as of December 2025. Next Hydrogen Solutions Inc.'s total assets of CA$24.37 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. Explore Next Hydrogen Solutions Inc. working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
China | CN¥26.05 Billion |
|
Sunonwealth Electric Machine Industry Co Ltd
TW:2421
|
Taiwan | NT$19.42 Billion |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥9.23 Billion |
|
TD Power Systems Limited
NSE:TDPOWERSYS
|
India | Rs18.77 Billion |
|
AA Industrial Belting
SHG:603580
|
China | CN¥845.44 Million |
|
Zhejiang Windey Co Ltd
SHE:300772
|
China | CN¥54.79 Billion |
|
Sinoseal Holding Co Ltd
SHE:300470
|
China | CN¥3.49 Billion |
|
Raymond Limited
NSE:RAYMOND
|
India | Rs47.38 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 | 1.72 | 0.77 | 7.79 |
| Quick Ratio | 1.53 | 0.35 | 7.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$6.41 Million | CA$-1.70 Million | CA$41.91 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 | 4.97 |
| Latest Market Cap to Assets Ratio | 0.69 |
| Asset Growth Rate (YoY) | 87.4% |
| Total Assets | CA$28.97 Million |
| Market Capitalization | $20.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values Next Hydrogen Solutions Inc.'s assets below their book value (0.69x), which may indicate investor concerns about asset quality or future growth.
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 |
-- |
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.