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

Latest as of March 2026: -0.136x

Based on the latest financial reports, NXT Energy Solutions Inc (SFD) has a cash flow conversion efficiency ratio of -0.136x as of March 2026. 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$-1.76 Million ≈ $-1.28 Million USD) by net assets (CA$12.99 Million ≈ $9.40 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of NXT Energy Solutions Inc to measure how many days the company can operate on defensive assets alone.

NXT Energy Solutions Inc - Cash Flow Conversion Efficiency Trend (1998–2025)

This chart illustrates how NXT Energy Solutions Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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
Panjawattana Plastic Public Company Limited BK:PJW	0.123x
Aviation Links Ltd TA:AVIA	0.028x
Alpha Exploration Ltd V:ALEX	-0.010x
Ibase Gaming TWO:6441	-0.013x
Terramin Australia Ltd AU:TZN	-0.346x
Harn Engineering Solutions Public Company Limited BK:HARN	0.006x
Bluecom Co. Ltd KQ:033560	0.002x
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BK:WHABT	0.011x

Annual Cash Flow Conversion Efficiency for NXT Energy Solutions Inc (1998–2025)

The table below shows the annual cash flow conversion efficiency of NXT Energy Solutions Inc from 1998 to 2025. 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
2025-12-31	CA$14.86 Million ≈ $10.75 Million	CA$1.16 Million ≈ $841.24K	0.078x	-99.48%
2024-12-31	CA$-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

$37.17 Million

CA$51.39 Million CAD

Market Cap Rank

#23056 Global

#846 in Canada

Share Price

CA$0.43

Change (1 day)

+0.00%

52-Week Range

CA$0.27 - CA$0.93

All Time High

CA$2.09