NXT Energy Solutions Inc (SFD) — Tangible Net Worth Ratio
NXT Energy Solutions Inc (SFD) has a Tangible Net Worth Ratio of 41.1% as of March 2026. This metric is calculated by deducting intangible assets (CA$7.65 Million) from net assets (CA$12.99 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore SFD net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
NXT Energy Solutions Inc Tangible Net Worth Ratio (1998–2025)
This chart shows how NXT Energy Solutions Inc's Tangible Net Worth Ratio has changed across 26 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 41.1%, reflecting net assets of CA$12.99 Million with intangible assets of CA$7.65 Million CAD. For live market cap and overall valuation, see SFD market cap.
Annual Tangible Net Worth Ratio for NXT Energy Solutions Inc (1998–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for NXT Energy Solutions Inc from 1998 to 2025, covering 26 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore reinvestment intensity of NXT Energy Solutions Inc to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 45.7% | CA$14.86 Million | CA$8.07 Million | CA$19.31 Million | ▲ +79.9 pp |
| 2023 | -34.2% | CA$8.55 Million | CA$11.47 Million | CA$15.18 Million | ▼ -25.3 pp |
| 2022 | -8.9% | CA$12.09 Million | CA$13.17 Million | CA$15.58 Million | ▼ -27.0 pp |
| 2021 | 18.1% | CA$18.16 Million | CA$14.87 Million | CA$21.58 Million | ▼ -3.4 pp |
| 2020 | 21.5% | CA$20.75 Million | CA$16.29 Million | CA$24.01 Million | ▼ -11.1 pp |
| 2019 | 32.7% | CA$26.69 Million | CA$17.97 Million | CA$30.69 Million | ▲ +13.8 pp |
| 2018 | 18.8% | CA$24.21 Million | CA$19.65 Million | CA$25.26 Million | ▲ +17.7 pp |
| 2017 | 1.1% | CA$21.58 Million | CA$21.34 Million | CA$23.92 Million | ▼ -16.1 pp |
| 2016 | 17.2% | CA$27.81 Million | CA$23.02 Million | CA$28.69 Million | ▼ -13.4 pp |
| 2015 | 30.6% | CA$35.62 Million | CA$24.71 Million | CA$39.08 Million | ▼ -69.4 pp |
| 2014 | 100.0% | CA$5.22 Million | CA$0.00 | CA$6.05 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$1.82 Million | CA$0.00 | CA$6.84 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$5.21 Million | CA$0.00 | CA$7.46 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$83.96K | CA$0.00 | CA$3.27 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$1.40 Million | CA$0.00 | CA$2.05 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$5.03 Million | CA$0.00 | CA$6.01 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$6.90 Million | CA$0.00 | CA$7.60 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$5.84 Million | CA$0.00 | CA$9.13 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$1.66 Million | CA$0.00 | CA$3.39 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$2.16 Million | CA$0.00 | CA$3.20 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$2.53 Million | CA$0.00 | CA$3.42 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$6.09 Million | CA$0.00 | CA$6.33 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$15.08 Million | CA$0.00 | CA$18.73 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$14.37 Million | CA$0.00 | CA$18.25 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$14.67 Million | CA$0.00 | CA$15.54 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$8.29 Million | CA$0.00 | CA$8.56 Million | — |