NXT Energy Solutions Inc
NXT Energy Solutions Inc., a technology company, provides geophysical services to the oil and gas industry through its proprietary gravity-based stress field detection (SFD) remote-sensing survey system in Canada and internationally. Its SFD technology, an airborne survey system, which utilizes the principles of quantum mechanics to infer stress anomalies of exploration interest by using both ons… Read more
NXT Energy Solutions Inc (NSFDF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.086x
Based on the latest financial reports, NXT Energy Solutions Inc (NSFDF) has a cash flow conversion efficiency ratio of -0.086x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.08 Million) by net assets ($12.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NXT Energy Solutions Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how NXT Energy Solutions Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
NXT Energy Solutions Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NXT Energy Solutions Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hunyvers SA
PA:ALHUN
|
0.173x |
|
Koncar-Elektroindustrija d.d.
ZSE:KOEI
|
N/A |
|
Wonlim Corp.
KO:005820
|
-0.002x |
|
Kirkstone Metals Corp.
V:KSM
|
-0.069x |
|
Pranda Jewelry Public Company Limited
BK:PDJ
|
0.049x |
|
Inter-M Corporation
KQ:017250
|
0.026x |
|
Freeport Resources Inc
OTCQB:FEERF
|
-0.480x |
|
Unicasa Indústria de Móveis S.A
SA:UCAS3
|
0.181x |
Annual Cash Flow Conversion Efficiency for NXT Energy Solutions Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of NXT Energy Solutions Inc from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-262.66K | $-3.97 Million | 15.113x | +2772.73% |
| 2023-12-31 | $8.55 Million | $-4.83 Million | -0.565x | -133.05% |
| 2022-12-31 | $12.09 Million | $-2.93 Million | -0.243x | -326.44% |
| 2021-12-31 | $18.16 Million | $-1.03 Million | -0.057x | +65.35% |
| 2020-12-31 | $20.75 Million | $-3.41 Million | -0.164x | -204.33% |
| 2019-12-31 | $26.69 Million | $4.20 Million | 0.157x | +162.79% |
| 2018-12-31 | $24.21 Million | $-6.07 Million | -0.251x | +1.03% |
| 2017-12-31 | $21.58 Million | $-5.46 Million | -0.253x | +7.17% |
| 2016-12-31 | $27.81 Million | $-7.59 Million | -0.273x | -152.47% |
| 2015-12-31 | $9.71 Million | $5.05 Million | 0.520x | +165.29% |
| 2014-12-31 | $4.50 Million | $-3.58 Million | -0.796x | -75.51% |
| 2013-12-31 | $1.71 Million | $-774.96K | -0.454x | -398.51% |
| 2012-12-31 | $5.24 Million | $796.00K | 0.152x | -75.87% |
| 2007-12-31 | $5.89 Million | $3.71 Million | 0.630x | -- |