NXT Energy Solutions Inc (SFD) — Defensive Interval Ratio

Latest as of December 2025: 956 days

NXT Energy Solutions Inc (SFD) has a Defensive Interval Ratio of 956 days as of December 2025. Defensive assets of CA$8.15 Million (cash CA$3.58 Million, short-term investments CA$343.07K, receivables CA$4.23 Million) cover 956 days of daily cash needs of CA$8.53K/day. Check tangible net worth ratio of NXT Energy Solutions Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

956 days
Days of operational coverage

Defensive Assets

CA$8.15 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$8.53K
Current Liabilities ÷ 365

Current Liabilities

CA$3.11 Million
CAD

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 December 2025, the ratio stands at 956 days, meaning defensive assets of CA$8.15 Million can fund 956 days of operations without new revenue. Also explore NXT Energy Solutions Inc equity growth rate to track the company's year-over-year net asset growth rate.

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$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)