NXT Energy Solutions Inc (SFD) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.086x

Based on the latest financial reports, NXT Energy Solutions Inc (SFD) 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 (CA$-1.08 Million ≈ $-780.84K USD) by net assets (CA$12.50 Million ≈ $9.04 Million USD). 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 (1998–2024)

This chart illustrates how NXT Energy Solutions Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read NXT Energy Solutions Inc total liabilities for a breakdown of total debt and financial obligations.

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
KCP Sugar and Industries Corporation Limited NSE:KCPSUGIND	0.087x
Tong-Hwa Synthetic Fiber Co Ltd TW:1418	-0.051x
Venus Metals Corporation Ltd AU:VMC	-0.014x
Viomi Technology ADR NASDAQ:VIOT	-0.320x
NextCure Inc NASDAQ:NXTC	-0.265x
Aligos Therapeutics Inc NASDAQ:ALGS	-0.406x
Seoyon Topmetal Co. Ltd KQ:019770	-0.023x
Biotoxtech Co. Ltd KQ:086040	-0.010x

Annual Cash Flow Conversion Efficiency for NXT Energy Solutions Inc (1998–2024)

The table below shows the annual cash flow conversion efficiency of NXT Energy Solutions Inc from 1998 to 2024. For the full company profile with market capitalisation and key ratios, see SFD stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$-262.66K ≈ $-190.01K	CA$-3.97 Million ≈ $-2.87 Million	15.113x	+2772.73%
2023-12-31	CA$8.55 Million ≈ $6.18 Million	CA$-4.83 Million ≈ $-3.50 Million	-0.565x	-133.05%
2022-12-31	CA$12.09 Million ≈ $8.75 Million	CA$-2.93 Million ≈ $-2.12 Million	-0.243x	-326.44%
2021-12-31	CA$18.16 Million ≈ $13.14 Million	CA$-1.03 Million ≈ $-747.38K	-0.057x	+65.81%
2020-12-31	CA$20.75 Million ≈ $15.01 Million	CA$-3.45 Million ≈ $-2.50 Million	-0.166x	-208.89%
2019-12-31	CA$26.69 Million ≈ $19.30 Million	CA$4.08 Million ≈ $2.95 Million	0.153x	+160.97%
2018-12-31	CA$24.21 Million ≈ $17.51 Million	CA$-6.07 Million ≈ $-4.39 Million	-0.251x	+1.03%
2017-12-31	CA$21.58 Million ≈ $15.61 Million	CA$-5.46 Million ≈ $-3.95 Million	-0.253x	+7.17%
2016-12-31	CA$27.81 Million ≈ $20.12 Million	CA$-7.59 Million ≈ $-5.49 Million	-0.273x	-239.13%
2015-12-31	CA$35.62 Million ≈ $25.77 Million	CA$6.98 Million ≈ $5.05 Million	0.196x	+128.56%
2014-12-31	CA$5.22 Million ≈ $3.77 Million	CA$-3.58 Million ≈ $-2.59 Million	-0.687x	-60.96%
2013-12-31	CA$1.82 Million ≈ $1.31 Million	CA$-774.96K ≈ $-560.59K	-0.427x	-380.47%
2012-12-31	CA$5.21 Million ≈ $3.77 Million	CA$792.99K ≈ $573.64K	0.152x	+100.73%
2011-12-31	CA$83.96K ≈ $60.74K	CA$-1.76 Million ≈ $-1.27 Million	-20.920x	-985.35%
2010-12-31	CA$1.40 Million ≈ $1.01 Million	CA$-2.69 Million ≈ $-1.95 Million	-1.927x	-275.99%
2009-12-31	CA$5.03 Million ≈ $3.64 Million	CA$-2.58 Million ≈ $-1.87 Million	-0.513x	-95.13%
2008-12-31	CA$6.90 Million ≈ $4.99 Million	CA$-1.81 Million ≈ $-1.31 Million	-0.263x	-141.72%
2007-12-31	CA$5.84 Million ≈ $4.22 Million	CA$3.68 Million ≈ $2.66 Million	0.630x	+190.47%
2006-12-31	CA$1.66 Million ≈ $1.20 Million	CA$-1.16 Million ≈ $-837.27K	-0.696x	-187.60%
2005-12-31	CA$-1.59 Million ≈ $-1.15 Million	CA$-1.27 Million ≈ $-916.13K	0.795x	+151.16%
2004-12-31	CA$2.16 Million ≈ $1.56 Million	CA$-3.35 Million ≈ $-2.42 Million	-1.553x	-902.23%
2003-12-31	CA$2.53 Million ≈ $1.83 Million	CA$-391.68K ≈ $-283.34K	-0.155x	+71.76%
2002-12-31	CA$6.09 Million ≈ $4.41 Million	CA$-3.34 Million ≈ $-2.42 Million	-0.549x	-170.42%
2001-12-31	CA$15.08 Million ≈ $10.91 Million	CA$-3.06 Million ≈ $-2.21 Million	-0.203x	-10.88%
2000-12-31	CA$14.37 Million ≈ $10.40 Million	CA$-2.63 Million ≈ $-1.90 Million	-0.183x	-109.20%
1999-12-31	CA$14.67 Million ≈ $10.61 Million	CA$-1.28 Million ≈ $-928.23K	-0.087x	+55.11%
1998-12-31	CA$8.29 Million ≈ $6.00 Million	CA$-1.62 Million ≈ $-1.17 Million	-0.195x	--

About NXT Energy Solutions Inc

TO:SFD Canada Oil & Gas Equipment & Services

Market Cap

$32.82 Million

CA$45.37 Million CAD

Market Cap Rank

#23415 Global

#869 in Canada

Share Price

CA$0.39

Change (1 day)

+1.30%

52-Week Range

CA$0.27 - CA$0.93

All Time High

CA$2.09