Next Hydrogen Solutions Inc. (NXH) - Total Liabilities
Based on the latest financial reports, Next Hydrogen Solutions Inc. (NXH) has total liabilities worth CA$20.94 Million CAD (≈ $15.15 Million USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore NXH cash flow metrics to assess how effectively this company generates cash.
Next Hydrogen Solutions Inc. - Total Liabilities Trend (2020–2024)
This chart illustrates how Next Hydrogen Solutions Inc.'s total liabilities have evolved over time, based on quarterly financial data. Check Next Hydrogen Solutions Inc. (NXH) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Next Hydrogen Solutions Inc. Competitors by Total Liabilities
The table below lists competitors of Next Hydrogen Solutions Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Indo-National Limited
NSE:NIPPOBATRY
|
India | Rs1.69 Billion |
|
Alankit Limited
NSE:ALANKIT
|
India | Rs1.15 Billion |
|
Falcon Power Co Ltd
TW:1516
|
Taiwan | NT$3.94 Million |
|
Comms Group Ltd
AU:CCG
|
Australia | AU$31.35 Million |
|
Kingfish Company Nv
OL:KING
|
Norway | Nkr122.14 Million |
|
Hamilton Global Opportunities PLC
PA:ALHGO
|
France | €2.87 Million |
|
Thai Rubber Latex Group Public Company Limited
BK:TRUBB
|
Thailand | ฿4.73 Billion |
|
Morphic Ethical Equities Fund Ltd
AU:MEC
|
Australia | AU$2.75 Million |
Liability Composition Analysis (2020–2024)
This chart breaks down Next Hydrogen Solutions Inc.'s total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see NXH company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.94 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -3.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.50 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Next Hydrogen Solutions Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Next Hydrogen Solutions Inc. (2020–2024)
The table below shows the annual total liabilities of Next Hydrogen Solutions Inc. from 2020 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$16.83 Million ≈ $12.18 Million |
+31.13% |
| 2023-12-31 | CA$12.84 Million ≈ $9.29 Million |
+30.70% |
| 2022-12-31 | CA$9.82 Million ≈ $7.11 Million |
-4.31% |
| 2021-12-31 | CA$10.26 Million ≈ $7.43 Million |
-2.55% |
| 2020-12-31 | CA$10.53 Million ≈ $7.62 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.