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Next Hydrogen Solutions (Next Hydrogen Solutions) Market Cap : $10.37 Mil (As of Jun. 09, 2024)


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What is Next Hydrogen Solutions Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Next Hydrogen Solutions's share price for the quarter that ended in Mar. 2024 was $0.504. Next Hydrogen Solutions's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 22.90 Mil. Therefore, Next Hydrogen Solutions's market cap for the quarter that ended in Mar. 2024 was $11.54 Mil.

Next Hydrogen Solutions's quarterly market cap increased from Sep. 2023 ($8.48 Mil) to Dec. 2023 ($12.83 Mil) but then declined from Dec. 2023 ($12.83 Mil) to Mar. 2024 ($11.54 Mil).

Next Hydrogen Solutions's annual market cap increased from Jan. 2021 ($0.00 Mil) to Dec. 2022 ($21.56 Mil) but then declined from Dec. 2022 ($21.56 Mil) to Dec. 2023 ($12.83 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Next Hydrogen Solutions's Enterprise Value for Today is $4.68 Mil.


Next Hydrogen Solutions Market Cap Historical Data

The historical data trend for Next Hydrogen Solutions's Market Cap 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.

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Next Hydrogen Solutions Market Cap Chart

Next Hydrogen Solutions Annual Data
Trend Dec20 Jan21 Dec22 Dec23
Market Cap
- - 21.56 12.83

Next Hydrogen Solutions Quarterly Data
Jul19 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap 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 21.74 14.30 8.48 12.83 11.54

Competitive Comparison of Next Hydrogen Solutions's Market Cap

For the Specialty Industrial Machinery subindustry, Next Hydrogen Solutions's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Industrial Products Industry

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

* The bar in red indicates where Next Hydrogen Solutions's Market Cap falls into.



Next Hydrogen Solutions Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Next Hydrogen Solutions's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$0.56*22.9035
=$12.83

Next Hydrogen Solutions's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$0.504*22.9035
=$11.54

* 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  (OTCPK:NXHSF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Next Hydrogen Solutions Market Cap Related Terms

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Next Hydrogen Solutions (Next Hydrogen Solutions) Business Description

Traded in Other Exchanges
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 and services as well as aftermarket sales.