NXT Energy Solutions Inc (SFD) - Net Assets

Latest as of March 2026: CA$12.99 Million CAD ≈ $9.40 Million USD

Based on the latest financial reports, NXT Energy Solutions Inc (SFD) has net assets worth CA$12.99 Million CAD (≈ $9.40 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$17.07 Million ≈ $12.35 Million USD) and total liabilities (CA$4.08 Million ≈ $2.95 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SFD tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$12.99 Million
% of Total Assets	76.1%
Annual Growth Rate	2.19%
5-Year Change	-18.14%
10-Year Change	-46.55%
Growth Volatility	1203.23

NXT Energy Solutions Inc - Net Assets Trend (1998–2025)

This chart illustrates how NXT Energy Solutions Inc's net assets have evolved over time, based on quarterly financial data. See SFD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for NXT Energy Solutions Inc (1998–2025)

The table below shows the annual net assets of NXT Energy Solutions Inc from 1998 to 2025. For live valuation and market cap data, see SFD market cap.

Year	Net Assets	Change
2025-12-31	CA$14.86 Million ≈ $10.75 Million	+5759.16%
2024-12-31	CA$-262.66K ≈ $-190.01K	-103.07%
2023-12-31	CA$8.55 Million ≈ $6.18 Million	-29.33%
2022-12-31	CA$12.09 Million ≈ $8.75 Million	-33.41%
2021-12-31	CA$18.16 Million ≈ $13.14 Million	-12.48%
2020-12-31	CA$20.75 Million ≈ $15.01 Million	-22.25%
2019-12-31	CA$26.69 Million ≈ $19.30 Million	+10.22%
2018-12-31	CA$24.21 Million ≈ $17.51 Million	+12.21%
2017-12-31	CA$21.58 Million ≈ $15.61 Million	-22.42%
2016-12-31	CA$27.81 Million ≈ $20.12 Million	-21.93%
2015-12-31	CA$35.62 Million ≈ $25.77 Million	+582.87%
2014-12-31	CA$5.22 Million ≈ $3.77 Million	+187.10%
2013-12-31	CA$1.82 Million ≈ $1.31 Million	-65.16%
2012-12-31	CA$5.21 Million ≈ $3.77 Million	+6110.57%
2011-12-31	CA$83.96K ≈ $60.74K	-93.99%
2010-12-31	CA$1.40 Million ≈ $1.01 Million	-72.24%
2009-12-31	CA$5.03 Million ≈ $3.64 Million	-27.05%
2008-12-31	CA$6.90 Million ≈ $4.99 Million	+18.19%
2007-12-31	CA$5.84 Million ≈ $4.22 Million	+251.09%
2006-12-31	CA$1.66 Million ≈ $1.20 Million	+204.33%
2005-12-31	CA$-1.59 Million ≈ $-1.15 Million	-173.94%
2004-12-31	CA$2.16 Million ≈ $1.56 Million	-14.71%
2003-12-31	CA$2.53 Million ≈ $1.83 Million	-58.51%
2002-12-31	CA$6.09 Million ≈ $4.41 Million	-59.60%
2001-12-31	CA$15.08 Million ≈ $10.91 Million	+4.92%
2000-12-31	CA$14.37 Million ≈ $10.40 Million	-2.01%
1999-12-31	CA$14.67 Million ≈ $10.61 Million	+76.90%
1998-12-31	CA$8.29 Million ≈ $6.00 Million	--

Equity Component Analysis

This analysis shows how different components contribute to NXT Energy Solutions Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 10166272000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	CA$115.50 Million	777.00%
Other Components	CA$9.95 Million	66.93%
Total Equity	CA$14.86 Million	100.00%

NXT Energy Solutions Inc Competitors by Market Cap

The table below lists competitors of NXT Energy Solutions Inc ranked by their market capitalization.

Company	Market Cap
Panjawattana Plastic Public Company Limited BK:PJW	$37.19 Million
Aviation Links Ltd TA:AVIA	$37.20 Million
Alpha Exploration Ltd V:ALEX	$37.20 Million
Ibase Gaming TWO:6441	$37.21 Million
Terramin Australia Ltd AU:TZN	$37.17 Million
Harn Engineering Solutions Public Company Limited BK:HARN	$37.17 Million
Bluecom Co. Ltd KQ:033560	$37.16 Million
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust BK:WHABT	$37.15 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in NXT Energy Solutions Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -262,664 to 14,864,576, a change of 15,127,240.
Net loss of 2,317,149 reduced equity.
Share repurchases of 2,820,660 reduced equity.
New share issuances of 2,842,705 increased equity.
Other factors increased equity by 17,422,344.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-2.32 Million	-15.59%
Share Repurchases	CA$2.82 Million	-18.98%
Share Issuances	CA$2.84 Million	+19.12%
Other Changes	CA$17.42 Million	+117.21%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares NXT Energy Solutions Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.79x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.65x to 2.79x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1998-12-31	CA$0.66	CA$0.43	x
1999-12-31	CA$1.15	CA$0.43	x
2000-12-31	CA$1.10	CA$0.43	x
2001-12-31	CA$1.05	CA$0.43	x
2002-12-31	CA$0.36	CA$0.43	x
2003-12-31	CA$0.14	CA$0.43	x
2004-12-31	CA$0.11	CA$0.43	x
2005-12-31	CA$-0.07	CA$0.43	x
2006-12-31	CA$0.07	CA$0.43	x
2007-12-31	CA$0.21	CA$0.43	x
2008-12-31	CA$0.23	CA$0.43	x
2009-12-31	CA$0.16	CA$0.43	x
2010-12-31	CA$0.05	CA$0.43	x
2011-12-31	CA$0.00	CA$0.43	x
2012-12-31	CA$0.11	CA$0.43	x
2013-12-31	CA$0.04	CA$0.43	x
2014-12-31	CA$0.12	CA$0.43	x
2015-12-31	CA$0.73	CA$0.43	x
2016-12-31	CA$0.52	CA$0.43	x
2017-12-31	CA$0.40	CA$0.43	x
2018-12-31	CA$0.37	CA$0.43	x
2019-12-31	CA$0.39	CA$0.43	x
2020-12-31	CA$0.32	CA$0.43	x
2021-12-31	CA$0.28	CA$0.43	x
2022-12-31	CA$0.18	CA$0.43	x
2023-12-31	CA$0.11	CA$0.43	x
2024-12-31	CA$0.00	CA$0.43	x
2025-12-31	CA$0.15	CA$0.43	x

Capital Efficiency Dashboard

This dashboard shows how efficiently NXT Energy Solutions Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -15.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -14.17%
• Asset Turnover: 0.85x
• Equity Multiplier: 1.30x
Recent ROE (-15.59%) is above the historical average (-214.81%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1998	-20.74%	0.00%	0.00x	1.03x	CA$-2.55 Million
1999	-15.15%	-153241379.31%	0.00x	1.06x	CA$-3.69 Million
2000	-27.73%	-265666666.67%	0.00x	1.27x	CA$-5.42 Million
2001	-46.33%	-439433962.26%	0.00x	1.24x	CA$-8.50 Million
2002	-146.68%	-7505.40%	0.02x	1.04x	CA$-9.55 Million
2003	-144.37%	0.00%	0.00x	1.35x	CA$-3.90 Million
2004	-177.48%	-6625.88%	0.02x	1.48x	CA$-4.04 Million
2005	0.00%	-16095.71%	0.02x	0.00x	CA$-8.94 Million
2006	-264.09%	-342.33%	0.38x	2.04x	CA$-4.56 Million
2007	6.00%	6.21%	0.62x	1.56x	CA$-233.37K
2008	-16.54%	-38.61%	0.39x	1.10x	CA$-1.83 Million
2009	-47.78%	-65.28%	0.61x	1.19x	CA$-2.91 Million
2010	-318.67%	-1004.94%	0.22x	1.47x	CA$-4.59 Million
2011	-4269.74%	-2478.40%	0.04x	39.00x	CA$-3.59 Million
2012	39.56%	18.86%	1.47x	1.43x	CA$1.54 Million
2013	-294.00%	-199.03%	0.39x	3.76x	CA$-5.52 Million
2014	-29.96%	-39.94%	0.65x	1.16x	CA$-2.08 Million
2015	29.59%	60.50%	0.45x	1.10x	CA$6.98 Million
2016	-32.72%	-628.89%	0.05x	1.03x	CA$-11.88 Million
2017	-41.57%	-1904.53%	0.02x	1.11x	CA$-11.13 Million
2018	-28.78%	0.00%	0.00x	1.04x	CA$-9.39 Million
2019	14.22%	31.69%	0.39x	1.15x	CA$1.13 Million
2020	-29.05%	-4413.98%	0.01x	1.16x	CA$-8.10 Million
2021	-17.20%	-99.68%	0.15x	1.19x	CA$-4.94 Million
2022	-55.96%	0.00%	0.00x	1.29x	CA$-7.98 Million
2023	-63.79%	-254.01%	0.14x	1.78x	CA$-6.31 Million
2024	0.00%	-1408.98%	0.05x	0.00x	CA$-9.05 Million
2025	-15.59%	-14.17%	0.85x	1.30x	CA$-3.80 Million

Industry Comparison

This section compares NXT Energy Solutions Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.

Industry Context

Industry: Oil & Gas Equipment & Services
Average net assets among peers: $274,211,472
Average return on equity (ROE) among peers: -3.46%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
NXT Energy Solutions Inc (SFD)	CA$12.99 Million	-20.74%	0.31x	$37.17 Million
Bri-Chem Corp. (BRY)	$60.18 Million	0.18%	1.55x	$7.36 Million
CES Energy Solutions Corp (CEU)	$54.49 Million	-49.20%	0.37x	$2.41 Billion
Calfrac Well Services Ltd. (CFW)	$615.90 Million	30.96%	0.83x	$472.00 Million
Enterprise Group Inc (E)	$2.02 Million	-16.18%	0.85x	$75.75 Million
Enerflex Ltd. (EFX)	$1.54 Billion	-6.54%	1.77x	$2.31 Billion
HTC Purenergy Inc. (HTC)	$20.33 Million	-1.85%	0.44x	$1.03 Million
High Arctic Energy Services Inc. (HWO)	$99.33 Million	-13.23%	0.24x	$8.17 Million
Mattr Corp (MATR)	$121.80 Million	8.13%	0.33x	$543.43 Million
Mccoy Global Inc (MCB)	$66.19 Million	13.40%	0.48x	$44.78 Million
North American Construction Group Ltd (NOA)	$158.95 Million	-0.28%	1.20x	$388.69 Million

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