NXHSF (Next Hydrogen Solutions) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


NXHSF Next Hydrogen Solutions Inc NXHSF
41 GF Score
Price $0.35
GF Value $1.20
Valuation Possible Value Trap
! 6 Warning Signs
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What is Next Hydrogen Solutions Interest Coverage?

Next Hydrogen Solutions NXHSF 41 Interest Coverage is 0 (At Loss) as of Mar. 2026. 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 2,325 Industrial Products companies, Next Hydrogen Solutions ranks worse than 43010.71% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Next Hydrogen Solutions's Operating Income for the three months ended in Mar. 2026 was $-1.96 Mil. Next Hydrogen Solutions's Interest Expense for the three months ended in Mar. 2026 was $-0.15 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Next Hydrogen Solutions's Interest Coverage or its related term are showing as below:


NXHSF's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.87
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Next Hydrogen Solutions  (OTCPK:NXHSF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Next Hydrogen Solutions Interest Coverage Related Terms


Next Hydrogen Solutions Interest Coverage Historical Data

* Premium members only.

The historical data trend for Next Hydrogen Solutions's Interest Coverage can be seen below:

* 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Next Hydrogen Solutions Interest Coverage Chart

Next Hydrogen Solutions Annual Data
Trend Dec20 Jan21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial No Debt 0.00 0.00 0.00 0.00

Next Hydrogen Solutions Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1.28 0.00 0.00

NXHSF vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Next Hydrogen Solutions's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Next Hydrogen Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Next Hydrogen Solutions's Interest Coverage falls into.


NXHSF
41GF Score
Next Hydrogen Solutions Inc NXHSF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Next Hydrogen Solutions Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Next Hydrogen Solutions's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Next Hydrogen Solutions's Interest Expense was $-0.66 Mil. Its Operating Income was $-4.64 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.84 Mil.

Next Hydrogen Solutions did not have earnings to cover the interest expense.

Next Hydrogen Solutions's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Next Hydrogen Solutions's Interest Expense was $-0.15 Mil. Its Operating Income was $-1.96 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.66 Mil.

Next Hydrogen Solutions did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Next Hydrogen Solutions (NXHSF) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Next Hydrogen Solutions and its competitors. According to the industry distribution chart, Next Hydrogen Solutions ranks #999999 out of 2325 companies in the Industrial Products industry.
Is Next Hydrogen Solutions' Interest Coverage too high?
Next Hydrogen Solutions' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Next Hydrogen Solutions ranks #999999 out of 2325 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. 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' Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Next Hydrogen Solutions ranks #999999 out of 2325 companies for Interest Coverage. This places Next Hydrogen Solutions in the lower half of its industry. The industry median Interest Coverage is 14.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.87, based on 2,325 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Next Hydrogen Solutions and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Hydrogen Solutions's current Interest Coverage is 0 (At Loss). 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 Interest Coverage is 0 (At Loss). 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Next Hydrogen Solutions (NXHSF), the current Interest Coverage is 0 (At Loss) 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:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $1.20 vs. price of $0.35 (70.8% below fair value)
  • GF Score™: 41/100 with 6 warning signs

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 Business Description

Other Exchanges NXH:Canada
Address 6610 Edwards Boulevard, Mississauga, ON, CAN, L5T 2V6
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

Get the complete analysis for NXHSF

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.35
Price
$1.20
GF Value