NXHSF (Next Hydrogen Solutions) Quick Ratio: 2.06 (As of Mar. 2026) — 51% Below Median


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 Quick Ratio?

Next Hydrogen Solutions NXHSF 41 Quick Ratio is 2.06 as of Mar. 2026, which is 51% below its 10-year median of 4.17. 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 3,071 Industrial Products companies, Next Hydrogen Solutions ranks better than 71.74% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Next Hydrogen Solutions's quick ratio for the quarter that ended in Mar. 2026 was 2.06.

Next Hydrogen Solutions has a quick ratio of 2.06. It generally indicates good short-term financial strength.

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

NXHSF' s Quick Ratio Range Over the Past 10 Years
Min: 0.34   Med: 4.17   Max: 64
Current: 2.06

During the past 6 years, Next Hydrogen Solutions's highest Quick Ratio was 64.00. The lowest was 0.34. And the median was 4.17.

NXHSF's Quick Ratio is ranked better than
71.74% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs NXHSF: 2.06

Next Hydrogen Solutions  (OTCPK:NXHSF) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Next Hydrogen Solutions Quick Ratio Related Terms


Next Hydrogen Solutions Quick Ratio Historical Data

* Premium members only.

The historical data trend for Next Hydrogen Solutions's Quick Ratio 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.

Next Hydrogen Solutions Quick Ratio Chart

Next Hydrogen Solutions Annual Data
Trend Dec20 Jan21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 57.64 15.93 2.81 0.67 2.24

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
Quick Ratio 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 0.34 0.35 0.37 2.24 2.06

NXHSF vs GEV, ETN, PH: Quick Ratio Comparison

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

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

* The bar in red indicates where Next Hydrogen Solutions's Quick Ratio falls into.


NXHSF
41GF Score
Next Hydrogen Solutions Inc NXHSF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Next Hydrogen Solutions Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(14.976-1.123)/6.183
=2.24

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(13.192-1.165)/5.839
=2.06

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.06 mean?
Next Hydrogen Solutions (NXHSF) has a Quick Ratio of 2.06 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Next Hydrogen Solutions and its competitors. This is 51% below median its historical median of 4.17. Over the past decade, Next Hydrogen Solutions' Quick Ratio has ranged from 0.34 to 64.00. According to the industry distribution chart, Next Hydrogen Solutions ranks #868 out of 3071 companies in the Industrial Products industry, placing it in the top 28.3%.
Is Next Hydrogen Solutions' Quick Ratio too high?
Next Hydrogen Solutions' current Quick Ratio of 2.06 is 51% below median its 10-year median of 4.17. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 64.00. The Industrial Products industry median Quick Ratio is 1.39. Next Hydrogen Solutions' value of 2.06 is 48.2% above this industry median. Based on the distribution chart, Next Hydrogen Solutions ranks #868 out of 3071 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' Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Next Hydrogen Solutions ranks #868 out of 3071 companies for Quick Ratio. This puts Next Hydrogen Solutions in the upper half of its industry. The industry median Quick Ratio is 1.39. Next Hydrogen Solutions' value of 2.06 is 48.2% above this benchmark. Historically, Next Hydrogen Solutions' own Quick Ratio has ranged from 0.34 to 64.00 over the past decade. While the company's 10-year median is 4.17 vs. the industry median of 1.39, 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 Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Next Hydrogen Solutions's current Quick Ratio of 2.06 is 48.2% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Next Hydrogen Solutions and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Hydrogen Solutions's current Quick Ratio is 2.06, which is 51% below median its own 10-year median of 4.17. 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 Quick Ratio is 2.06, which is 51% below median its 10-year median of 4.17 and 48.2% above the Industrial Products industry median of 1.39. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Next Hydrogen Solutions (NXHSF), the current Quick Ratio is 2.06 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:

  • Quick Ratio: 2.06 (51% below median its 10-year median of 4.17)
  • GF Value™: $1.20 vs. price of $0.35 (70.8% below fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 48.2% above the Industrial Products median (#868 of 3071)

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

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

$0.35
Price
$1.20
GF Value