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Next Hydrogen SolutionsNXHSF 42 Equity-to-Asset is 0.28 as of Jun. 2026, which is 53% below its 10-year median of 0.59. GuruFocus rates NXHSF with a GF Score™ of 42/100 and a GF Value™ of $1.22 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 3,084 Industrial Products companies, Next Hydrogen Solutions ranks worse than 88.78% on this metric.
Next Hydrogen Solutions (OTCPK:NXHSF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Next Hydrogen Solutions Equity-to-Asset Related Terms
Next Hydrogen Solutions Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Next Hydrogen Solutions's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Next Hydrogen Solutions's Equity-to-Asset falls into.
Next Hydrogen Solutions Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Next Hydrogen Solutions's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.28 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Next Hydrogen Solutions and its competitors. This is 53% below median its historical median of 0.59. According to the industry distribution chart, Next Hydrogen Solutions ranks #2738 out of 3084 companies in the Industrial Products industry, placing it in the top 88.8%.
Is Next Hydrogen Solutions' Equity-to-Asset too high?
Next Hydrogen Solutions' current Equity-to-Asset of 0.28 is 53% below median its 10-year median of 0.59. The Industrial Products industry median Equity-to-Asset is 0.56. Next Hydrogen Solutions' value of 0.28 is 50% below this industry median. Based on the distribution chart, Next Hydrogen Solutions ranks #2738 out of 3084 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Next Hydrogen Solutions has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Hydrogen Solutions' Equity-to-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Next Hydrogen Solutions ranks #2738 out of 3084 companies for Equity-to-Asset. This places Next Hydrogen Solutions in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Next Hydrogen Solutions' value of 0.28 is 50% below this benchmark. While the company's 10-year median is 0.59 vs. the industry median of 0.56, Next Hydrogen Solutions has consistently been below 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 Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,084 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Next Hydrogen Solutions's current Equity-to-Asset of 0.28 is 50% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Next Hydrogen Solutions and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Hydrogen Solutions's current Equity-to-Asset is 0.28, which is 53% below median its own 10-year median of 0.59. 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 $1.22, compared to a current price of $0.36 — trading 70.7% below its estimated fair value. The current Equity-to-Asset is 0.28, which is 53% below median its 10-year median of 0.59 and 50% below the Industrial Products industry median of 0.56. Next Hydrogen Solutions' overall GF Score™ is 42/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Next Hydrogen Solutions (NXHSF), the current Equity-to-Asset is 0.28 as of Jun. 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 $0.36 is trading 70.7% below its estimated GF Value™ of $1.22.
GuruFocus considers Next Hydrogen Solutions to be Possible Value Trap.
Key valuation signals for NXHSF:
Equity-to-Asset: 0.28 (53% below median its 10-year median of 0.59)
GF Value™: $1.22 vs. price of $0.36 (70.7% below fair value)
Industry Position: 50% below the Industrial Products median (#2738 of 3084)
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.
42GF Score
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