Next Hydrogen SolutionsNXHSF 41 Current Ratio is 2.26 as of Mar. 2026, which is 59% below its 10-year median of 5.45. GuruFocus rates NXHSF with a GF Score™ of 41/100 and a GF Value™ of $1.20 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 3,073 Industrial Products companies, Next Hydrogen Solutions ranks better than 59.49% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Next Hydrogen Solutions's current ratio for the quarter that ended in Mar. 2026 was 2.26.
Next Hydrogen Solutions has a current ratio of 2.26. It generally indicates good short-term financial strength.
The historical rank and industry rank for Next Hydrogen Solutions's Current Ratio or its related term are showing as below:
NXHSF'
s Current Ratio Range Over the Past 10 Years
Min: 0.77 Med: 5.45 Max: 64
Current: 2.26
During the past 6 years, Next Hydrogen Solutions's highest Current Ratio was 64.00. The lowest was 0.77. And the median was 5.45.
NXHSF's Current Ratio is ranked better than 59.49% of 3073
companies
in the Industrial Products industry
Industry Median: 1.96
vs NXHSF: 2.26
Next Hydrogen Solutions (OTCPK:NXHSF) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Next Hydrogen Solutions Current Ratio Related Terms
Next Hydrogen Solutions Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Industrial Machinery subindustry, Next Hydrogen Solutions's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Next Hydrogen Solutions Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Next Hydrogen Solutions's Current Ratio distribution charts can be found below:
* The bar in red indicates where Next Hydrogen Solutions's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Next Hydrogen Solutions (NXHSF) has a Current Ratio of 2.26 as of Mar. 2026. This is 59% below median its historical median of 5.45. Over the past decade, Next Hydrogen Solutions' Current Ratio has ranged from 0.77 to 64.00. According to the industry distribution chart, Next Hydrogen Solutions ranks #1245 out of 3073 companies in the Industrial Products industry, placing it in the top 40.5%.
Is Next Hydrogen Solutions' Current Ratio too high?
Next Hydrogen Solutions' current Current Ratio of 2.26 is 59% below median its 10-year median of 5.45. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 64.00. The Industrial Products industry median Current Ratio is 1.96. Next Hydrogen Solutions' value of 2.26 is 15.3% above this industry median. Based on the distribution chart, Next Hydrogen Solutions ranks #1245 out of 3073 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Next Hydrogen Solutions has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Hydrogen Solutions' Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Next Hydrogen Solutions ranks #1245 out of 3073 companies for Current Ratio. This puts Next Hydrogen Solutions in the upper half of its industry. The industry median Current Ratio is 1.96. Next Hydrogen Solutions' value of 2.26 is 15.3% above this benchmark. Historically, Next Hydrogen Solutions' own Current Ratio has ranged from 0.77 to 64.00 over the past decade. While the company's 10-year median is 5.45 vs. the industry median of 1.96, Next Hydrogen Solutions has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Next Hydrogen Solutions's current Current Ratio of 2.26 is 15.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Hydrogen Solutions's current Current Ratio is 2.26, which is 59% below median its own 10-year median of 5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Hydrogen Solutions stock overvalued right now?
Based on GuruFocus' analysis, Next Hydrogen Solutions (NXHSF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.20, compared to a current price of $0.35 — trading 70.8% below its estimated fair value. The current Current Ratio is 2.26, which is 59% below median its 10-year median of 5.45 and 15.3% above the Industrial Products industry median of 1.96. Next Hydrogen Solutions' overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Next Hydrogen Solutions (NXHSF), the current Current Ratio is 2.26 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Next Hydrogen Solutions (NXHSF) Overvalued in 2026?
Based on GuruFocus' analysis, Next Hydrogen Solutions stock appears to be undervalued.
The current stock price of $0.35 is trading 70.8% below its estimated GF Value™ of $1.20.
GuruFocus considers Next Hydrogen Solutions to be Possible Value Trap.
Key valuation signals for NXHSF:
Current Ratio: 2.26 (59% below median its 10-year median of 5.45)
GF Value™: $1.20 vs. price of $0.35 (70.8% below fair value)
Industry Position: 15.3% above the Industrial Products median (#1245 of 3073)
No single metric tells the full story. See the NXHSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next Hydrogen Solutions Inc is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. Its cell design architecture enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. The company generates revenue from customer contracts from the principal sources of product and equipment sales; services as well as aftermarket sales; and development contracts.
41GF Score
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