Next Hydrogen Total Debt vs. Current Valuation
| NXHSF Stock | USD 0.30 0.00 0.00% |
For Next Hydrogen profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Next Hydrogen to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Next Hydrogen Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Next Hydrogen's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Next Hydrogen Solutions over time as well as its relative position and ranking within its peers.
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Next Hydrogen Solutions Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Next Hydrogen's current stock value. Our valuation model uses many indicators to compare Next Hydrogen value to that of its competitors to determine the firm's financial worth. Next Hydrogen Solutions is rated top company in total debt category among its peers. It also is rated top company in current valuation category among its peers reporting about 16.72 of Current Valuation per Total Debt. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Next Hydrogen's earnings, one of the primary drivers of an investment's value.Next Total Debt vs. Competition
Next Hydrogen Solutions is rated top company in total debt category among its peers. Total debt of Specialty Industrial Machinery industry is now estimated at about 782.87 Million. Next Hydrogen adds roughly 163,678 in total debt claiming only tiny portion of equities listed under Specialty Industrial Machinery industry.
Next Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Next Hydrogen |
| = | 163.68 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Next Hydrogen |
| = | 2.74 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Next Current Valuation vs Competition
Next Hydrogen Solutions is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Specialty Industrial Machinery industry is now estimated at about 8.78 Billion. Next Hydrogen adds roughly 2.74 Million in current valuation claiming only tiny portion of equities listed under Specialty Industrial Machinery industry.
Next Hydrogen Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Next Hydrogen, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Next Hydrogen will eventually generate negative long term returns. The profitability progress is the general direction of Next Hydrogen's change in net profit over the period of time. It can combine multiple indicators of Next Hydrogen, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Next Hydrogen Solutions Inc. designs, manufactures, and sells water and electricity electrolyzers to generate clean hydrogen for use as an energy source. The company was founded in 2007 and is headquartered in Mississauga, Canada. Next Hydrogen is traded on OTC Exchange in the United States.
Next Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Next Hydrogen. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Next Hydrogen position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Next Hydrogen's important profitability drivers and their relationship over time.
Use Next Hydrogen in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Next Hydrogen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Next Hydrogen will appreciate offsetting losses from the drop in the long position's value.Next Hydrogen Pair Trading
Next Hydrogen Solutions Pair Trading Analysis
The ability to find closely correlated positions to Next Hydrogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Next Hydrogen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Next Hydrogen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Next Hydrogen Solutions to buy it.
The correlation of Next Hydrogen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Next Hydrogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Next Hydrogen Solutions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Next Hydrogen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Next Hydrogen position
In addition to having Next Hydrogen in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Manufacturing Theme or any other thematic opportunities.
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Other Information on Investing in Next OTC Stock
To fully project Next Hydrogen's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Next Hydrogen Solutions at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Next Hydrogen's income statement, its balance sheet, and the statement of cash flows.