Next Hydrogen Solutions Inc.

Next Hydrogen Solutions Inc.verified

NXHSF

Price:

$0.3039

Market Cap:

$8.90M

Next Hydrogen Solutions Inc. designs, manufactures, and sells water and electricity electrolyzers to generate clean hydrogen for use as an energy source. It offers commercial solutions to decarbonize transportation and industrial sectors. The company was founded in 2007 and is headquartered in Mississauga, Canada.[Read more]

Industry

Industrial - Machinery

IPO Date

2021-09-20

Stock Exchange

PNK

Ticker

NXHSF

The Current Ratio as of September 2024 (TTM) for Next Hydrogen Solutions Inc. (NXHSF) is 2.01

According to Next Hydrogen Solutions Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.01. This represents a change of -41.54% compared to the average of 3.43 of the last 4 quarters.

Next Hydrogen Solutions Inc. (NXHSF) Historical Current Ratio (quarterly & annually)

How has NXHSF Current Ratio performed in the past?

The mean historical Current Ratio of Next Hydrogen Solutions Inc. over the last ten years is 29.15. The current 2.01 Current Ratio has changed 588.75% with respect to the historical average. Over the past ten years (40 quarters), NXHSF's Current Ratio was at its highest in in the October 2020 quarter at 65.10. The Current Ratio was at its lowest in in the July 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

29.15

Median

17.92

Minimum

3.53

Maximum

60.24

Next Hydrogen Solutions Inc. (NXHSF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Next Hydrogen Solutions Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 159.53%

Maximum Annual Current Ratio = 60.24

Minimum Annual Increase = -87.92%

Minimum Annual Current Ratio = 3.53

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.53-80.31%
202217.92159.53%
20216.90-87.92%
202157.16-5.12%

Next Hydrogen Solutions Inc. (NXHSF) Average Current Ratio

How has NXHSF Current Ratio performed in the past?

The current Current Ratio of Next Hydrogen Solutions Inc. (NXHSF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.45

5-year avg

29.15

10-year avg

29.15

Next Hydrogen Solutions Inc. (NXHSF) Current Ratio vs. Peers

How is NXHSF’s Current Ratio compared to its peers?

Next Hydrogen Solutions Inc.’s Current Ratio is less than The Weir Group PLC (2.07), greater than GreenShift Corporation (1.37), greater than Quality Industrial Corp. (0.00), greater than ITM Power Plc (0.68), less than Nel ASA (4.17), less than Ballard Power Systems Inc. (3.94), less than Titan Logix Corp. (10.90), less than null (17.97),

Build a custom stock screener for Next Hydrogen Solutions Inc. (NXHSF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Next Hydrogen Solutions Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Next Hydrogen Solutions Inc. (NXHSF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Next Hydrogen Solutions Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Next Hydrogen Solutions Inc.'s Current Ratio?

How is the Current Ratio calculated for Next Hydrogen Solutions Inc. (NXHSF)?

What is the highest Current Ratio for Next Hydrogen Solutions Inc. (NXHSF)?

What is the 3-year average Current Ratio for Next Hydrogen Solutions Inc. (NXHSF)?

What is the 5-year average Current Ratio for Next Hydrogen Solutions Inc. (NXHSF)?

How does the current Current Ratio for Next Hydrogen Solutions Inc. (NXHSF) compare to its historical average?