Next Hydrogen Solutions Inc. (NXH) — Working Capital to Net Assets Ratio
Next Hydrogen Solutions Inc. (NXH) has a Working Capital to Net Assets ratio of 104.9% as of March 2026. Working capital of CA$10.09 Million (current assets of CA$18.10 Million minus current liabilities of CA$8.01 Million) is measured against net assets of CA$9.61 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Next Hydrogen Solutions Inc. (NXH) total assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Next Hydrogen Solutions Inc. Working Capital to Net Assets (2020–2025)
This chart shows how Next Hydrogen Solutions Inc.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 104.9%, reflecting working capital of CA$10.09 Million against net assets of CA$9.61 Million CAD. Explore Next Hydrogen Solutions Inc. capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Next Hydrogen Solutions Inc. (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Next Hydrogen Solutions Inc. from 2020 to 2025, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore NXH long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.4% | CA$12.13 Million | CA$12.08 Million | CA$20.66 Million | CA$8.53 Million | ▲ +168.9 pp |
| 2024 | -68.5% | CA$938.46K | CA$-1.37 Million | CA$7.40 Million | CA$6.46 Million | ▼ -160.8 pp |
| 2023 | 92.3% | CA$11.64 Million | CA$12.61 Million | CA$16.25 Million | CA$4.61 Million | ▼ -10.7 pp |
| 2022 | 103.0% | CA$24.63 Million | CA$23.91 Million | CA$26.08 Million | CA$1.46 Million | ▲ +3.9 pp |
| 2021 | 99.1% | CA$37.46 Million | CA$37.79 Million | CA$43.81 Million | CA$6.35 Million | ▲ +9.1 pp |
| 2020 | 90.0% | CA$-6.04 Million | CA$-6.71 Million | CA$2.90 Million | CA$8.94 Million | — |