NXT Energy Solutions Inc (SFD) - Net Assets

Latest as of September 2025: CA$12.50 Million CAD ≈ $9.04 Million USD

Based on the latest financial reports, NXT Energy Solutions Inc (SFD) has net assets worth CA$12.50 Million CAD (≈ $9.04 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$18.06 Million ≈ $13.06 Million USD) and total liabilities (CA$5.56 Million ≈ $4.02 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 NXT Energy Solutions Inc (SFD) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$12.50 Million
% of Total Assets 69.2%
Annual Growth Rate N/A
5-Year Change -101.27%
10-Year Change -100.74%
Growth Volatility 1203.23

NXT Energy Solutions Inc - Net Assets Trend (1998–2024)

This chart illustrates how NXT Energy Solutions Inc's net assets have evolved over time, based on quarterly financial data. Also explore SFD total asset value for the complete picture of this company's asset base.

Annual Net Assets for NXT Energy Solutions Inc (1998–2024)

The table below shows the annual net assets of NXT Energy Solutions Inc from 1998 to 2024. For live valuation and market cap data, see SFD market cap.

Year Net Assets Change
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 9934557100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CA$98.26 Million %
Other Components CA$9.74 Million %
Total Equity CA$-262.66K 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
KCP Sugar and Industries Corporation Limited
NSE:KCPSUGIND
 $32.83 Million
Tong-Hwa Synthetic Fiber Co Ltd
TW:1418
 $32.85 Million
Venus Metals Corporation Ltd
AU:VMC
 $32.85 Million
Viomi Technology ADR
NASDAQ:VIOT
 $32.88 Million
NextCure  Inc
NASDAQ:NXTC
 $32.81 Million
Aligos Therapeutics Inc
NASDAQ:ALGS
 $32.81 Million
Seoyon Topmetal Co. Ltd
KQ:019770
 $32.80 Million
Biotoxtech Co. Ltd
KQ:086040
 $32.80 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 2023 to 2024, total equity changed from 8,545,409 to -262,664, a change of -8,808,073 (-103.1%).
  • Net loss of 9,078,000 reduced equity.
  • Share repurchases of 41,620 reduced equity.
  • Other factors increased equity by 311,547.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-9.08 Million -3456.13%
Share Repurchases CA$41.62K -15.85%
Other Changes CA$311.55K +118.61%
Total Change CA$- -103.07%

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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 CA$0.66 CA$0.39 x
1999-12-31 CA$1.15 CA$0.39 x
2000-12-31 CA$1.10 CA$0.39 x
2001-12-31 CA$1.05 CA$0.39 x
2002-12-31 CA$0.36 CA$0.39 x
2003-12-31 CA$0.14 CA$0.39 x
2004-12-31 CA$0.11 CA$0.39 x
2005-12-31 CA$-0.07 CA$0.39 x
2006-12-31 CA$0.07 CA$0.39 x
2007-12-31 CA$0.21 CA$0.39 x
2008-12-31 CA$0.23 CA$0.39 x
2009-12-31 CA$0.16 CA$0.39 x
2010-12-31 CA$0.05 CA$0.39 x
2011-12-31 CA$0.00 CA$0.39 x
2012-12-31 CA$0.11 CA$0.39 x
2013-12-31 CA$0.04 CA$0.39 x
2014-12-31 CA$0.12 CA$0.39 x
2015-12-31 CA$0.73 CA$0.39 x
2016-12-31 CA$0.52 CA$0.39 x
2017-12-31 CA$0.40 CA$0.39 x
2018-12-31 CA$0.37 CA$0.39 x
2019-12-31 CA$0.39 CA$0.39 x
2020-12-31 CA$0.32 CA$0.39 x
2021-12-31 CA$0.28 CA$0.39 x
2022-12-31 CA$0.18 CA$0.39 x
2023-12-31 CA$0.11 CA$0.39 x
2024-12-31 CA$0.00 CA$0.39 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): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1408.98%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-222.18%), 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

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: $250,452,260
  • Average return on equity (ROE) among peers: -15.97%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
NXT Energy Solutions Inc (SFD) CA$12.50 Million -20.74% 0.45x $32.82 Million
Bri-Chem Corp. (BRY) $35.24 Million -40.74% 1.10x $6.61 Million
CES Energy Solutions Corp (CEU) $609.05 Million 15.63% 1.32x $2.92 Billion
Calfrac Well Services Ltd. (CFW) $328.84 Million -25.18% 1.72x $387.05 Million
Enterprise Group Inc (E) $51.99 Million -1.80% 0.57x $83.04 Million
Enerflex Ltd. (EFX) $1.02 Billion 6.90% 1.10x $2.31 Billion
HTC Purenergy Inc. (HTC) $21.80 Million -16.58% 0.56x $1.03 Million
High Arctic Energy Services Inc. (HWO) $115.23 Million -31.75% 0.16x $7.90 Million
Mattr Corp (MATR) $134.80 Million 10.46% 0.33x $421.70 Million
Mccoy Global Inc (MCB) $59.80 Million -60.07% 0.17x $50.41 Million
North American Construction Group Ltd (NOA) $127.78 Million -16.56% 4.87x $400.31 Million

About NXT Energy Solutions Inc

TO:SFD Canada Oil & Gas Equipment & Services
Market Cap
$32.82 Million
CA$45.37 Million CAD
Market Cap Rank
#23415 Global
#869 in Canada
Share Price
CA$0.39
Change (1 day)
+1.30%
52-Week Range
CA$0.27 - CA$0.93
All Time High
CA$2.09
Categories
Companies in Canada Oil & Gas Equipment & Services
About

NXT Energy Solutions Inc., a technology company, provides geophysical services to the oil and gas industry through its proprietary gravity-based stress field detection (SFD) remote-sensing survey system in Canada and internationally. Its SFD technology, an airborne survey system, which utilizes the principles of quantum mechanics to infer stress anomalies of exploration interest by using both ons… Read more