NXT Energy Solutions Inc (SFD) — Defensive Interval Ratio
NXT Energy Solutions Inc (SFD) has a Defensive Interval Ratio of 589 days as of March 2026. Defensive assets of CA$4.71 Million (cash CA$-, short-term investments CA$417.48K, receivables CA$4.29 Million) cover 589 days of daily cash needs of CA$8.00K/day. See NXT Energy Solutions Inc (SFD) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NXT Energy Solutions Inc Defensive Interval Ratio (1998–2025)
This chart shows how NXT Energy Solutions Inc's Defensive Interval Ratio has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 589 days, meaning defensive assets of CA$4.71 Million can fund 589 days of operations without new revenue. See SFD equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for NXT Energy Solutions Inc (1998–2025)
The table below presents the year-by-year Defensive Interval Ratio for NXT Energy Solutions Inc from 1998 to 2025, covering 28 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see SFD company net worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 956 days | CA$8.15 Million | CA$8.53K/day | CA$3.58 Million | CA$343.07K | ▲ +917 days |
| 2024 | 39 days | CA$836.26K | CA$21.36K/day | CA$730.40K | CA$0.00 | ▼ -158 days |
| 2023 | 197 days | CA$2.23 Million | CA$11.33K/day | CA$401.71K | CA$- | ▲ +140 days |
| 2022 | 57 days | CA$320.50K | CA$5.58K/day | CA$263.44K | CA$0.00 | ▼ -1155 days |
| 2021 | 1213 days | CA$3.65 Million | CA$3.01K/day | CA$2.26 Million | CA$550.00K | ▲ +125 days |
| 2020 | 1087 days | CA$4.00 Million | CA$3.68K/day | CA$2.69 Million | CA$341.26K | ▼ -1227 days |
| 2019 | 2314 days | CA$8.35 Million | CA$3.61K/day | CA$2.86 Million | CA$3.78 Million | ▼ -581 days |
| 2018 | 2896 days | CA$4.30 Million | CA$1.49K/day | CA$339.53K | CA$3.90 Million | ▲ +2628 days |
| 2017 | 268 days | CA$1.18 Million | CA$4.39K/day | CA$166.62K | CA$950.00K | ▼ -1012 days |
| 2016 | 1280 days | CA$2.15 Million | CA$1.68K/day | CA$490.50K | CA$1.45 Million | ▲ +949 days |
| 2015 | 331 days | CA$2.87 Million | CA$8.65K/day | CA$- | CA$2.06 Million | ▼ -2198 days |
| 2014 | 2529 days | CA$5.42 Million | CA$2.14K/day | CA$- | CA$5.17 Million | ▲ +2327 days |
| 2013 | 202 days | CA$2.75 Million | CA$13.58K/day | CA$- | CA$2.45 Million | ▲ +114 days |
| 2012 | 88 days | CA$527.31K | CA$5.98K/day | CA$- | CA$55.00K | ▲ +73 days |
| 2011 | 15 days | CA$132.23K | CA$8.58K/day | CA$- | CA$10.00K | ▼ -549 days |
| 2010 | 565 days | CA$908.72K | CA$1.61K/day | CA$- | CA$905.65K | ▼ -14 days |
| 2009 | 579 days | CA$1.14 Million | CA$1.97K/day | CA$- | CA$- | ▼ -3241 days |
| 2008 | 3819 days | CA$6.77 Million | CA$1.77K/day | CA$- | CA$6.75 Million | ▲ +3093 days |
| 2007 | 726 days | CA$6.49 Million | CA$8.94K/day | CA$- | CA$5.65 Million | ▲ +317 days |
| 2006 | 409 days | CA$1.93 Million | CA$4.72K/day | CA$- | CA$1.32 Million | ▲ +398 days |
| 2005 | 11 days | CA$128.90K | CA$11.53K/day | CA$- | CA$52.26K | ▼ -563 days |
| 2004 | 574 days | CA$1.19 Million | CA$2.08K/day | CA$- | CA$661.18K | ▲ +511 days |
| 2003 | 64 days | CA$155.72K | CA$2.44K/day | CA$- | CA$- | ▼ -752 days |
| 2002 | 816 days | CA$524.52K | CA$642.81/day | CA$- | CA$- | ▲ +726 days |
| 2001 | 90 days | CA$324.35K | CA$3.61K/day | CA$- | CA$- | ▼ -170 days |
| 2000 | 260 days | CA$1.12 Million | CA$4.31K/day | CA$- | CA$- | ▲ +198 days |
| 1999 | 62 days | CA$147.34K | CA$2.39K/day | CA$- | CA$- | ▼ -188 days |
| 1998 | 250 days | CA$186.85K | CA$747.64/day | CA$- | CA$- | — |