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 NXT Energy Solutions Inc net asset quality index to measure how much of total assets are equity-financed.

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. Check SFD cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
Guyoung Technology Co. Ltd KQ:053270	0.048x
Beeline Holdings, Inc. NASDAQ:BLNE	-0.071x
PolTREG S.A. WAR:PTG	-0.154x
KMH Hitech Co. Ltd KQ:052900	0.058x
Digital Brands Group, Inc. Common Stock NASDAQ:DBGI	-0.317x
Hep Tech Co Ltd TWO:3609	-0.082x
Unifin Financiera S. A. B. de C. V MX:UNIFINA	-0.199x
Battalion Oil Corp NYSE MKT:BATL	-1.381x

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 company net worth.

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

$31.12 Million

CA$43.02 Million CAD

Market Cap Rank

#23585 Global

#866 in Canada

Share Price

CA$0.36

Change (1 day)

-7.69%

52-Week Range

CA$0.27 - CA$0.93

All Time High

CA$2.09