NXT Energy Solutions Inc (SFD) — Tangible Net Worth Ratio

Latest as of March 2026: 41.1%

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. See NXT Energy Solutions Inc book value and equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

41.1%
Tangible equity / total equity

Net Assets (Equity)

CA$12.99 Million
CAD

Intangible Assets

CA$7.65 Million
Goodwill, patents, brand value

Total Assets

CA$17.07 Million
CAD

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. Also explore NXT Energy Solutions Inc annual equity growth to track the company's year-over-year net asset growth rate.

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. For the full company profile including market capitalisation, see NXT Energy Solutions Inc (SFD) market capitalisation.

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
pp = percentage points