Next Hydrogen Solutions (TSXV:NXH) Accumulated Depreciation : C$-1.77 Mil (As of Mar. 2024)

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What is Next Hydrogen Solutions Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Next Hydrogen Solutions's quarterly accumulated depreciation increased from Sep. 2023 (C$-1.39 Mil) to Dec. 2023 (C$-1.57 Mil) and increased from Dec. 2023 (C$-1.57 Mil) to Mar. 2024 (C$-1.77 Mil).

Next Hydrogen Solutions's annual accumulated depreciation increased from Jan. 2021 (C$0.00 Mil) to Dec. 2022 (C$-0.83 Mil) and increased from Dec. 2022 (C$-0.83 Mil) to Dec. 2023 (C$-1.57 Mil).

Next Hydrogen Solutions Accumulated Depreciation Historical Data

The historical data trend for Next Hydrogen Solutions's Accumulated Depreciation 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 Accumulated Depreciation Chart

Next Hydrogen Solutions Annual Data

Trend

Dec20

Jan21

Dec22

Dec23

Accumulated Depreciation

-0.21

-0.83

-1.57

Next Hydrogen Solutions Quarterly Data
	Jul19	Oct19	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial													-1.02	-1.22	-1.39	-1.57	-1.77

Next Hydrogen Solutions Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

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Next Hydrogen Solutions (TSXV:NXH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Next Hydrogen Solutions Inc (TSXV:NXH) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

NXHSF:USA

Address

6610 Edwards Boulevard, Mississauga, ON, CAN, L5T 2V6

Website

https://www.nexthydrogen.com

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.

Executives

Anthony Robert Guglielmin

Director

Next Hydrogen Solutions (TSXV:NXH) Headlines

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