NXT Energy Solutions Inc
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
NXT Energy Solutions Inc (NSFDF) - Total Assets
Latest total assets as of September 2025: $18.06 Million USD
Based on the latest financial reports, NXT Energy Solutions Inc (NSFDF) holds total assets worth $18.06 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
NXT Energy Solutions Inc - Total Assets Trend (2000–2024)
This chart illustrates how NXT Energy Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NXT Energy Solutions Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
NXT Energy Solutions Inc's total assets of $18.06 Million consist of 7.9% current assets and 92.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.2% |
| Accounts Receivable | $22.21K | 0.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $9.77 Million | 69.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how NXT Energy Solutions Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NXT Energy Solutions Inc's current assets represent 7.9% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2024, down from 35.2% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 69.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 69.7% of total assets.
NXT Energy Solutions Inc Competitors by Total Assets
Key competitors of NXT Energy Solutions Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
NXT Energy Solutions Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - NXT Energy Solutions Inc generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - NXT Energy Solutions Inc is currently not profitable relative to its asset base.
NXT Energy Solutions Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.65 | 0.28 | 3.04 |
| Quick Ratio | 1.65 | 0.28 | 3.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.60 Million | $ -2.94 Million | $ 2.73 Million |
NXT Energy Solutions Inc - Advanced Valuation Insights
This section examines the relationship between NXT Energy Solutions Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.14 |
| Latest Market Cap to Assets Ratio | 0.51 |
| Asset Growth Rate (YoY) | -7.6% |
| Total Assets | $14.03 Million |
| Market Capitalization | $7.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values NXT Energy Solutions Inc's assets below their book value (0.51 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: NXT Energy Solutions Inc's assets decreased by 7.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NXT Energy Solutions Inc (2000–2024)
The table below shows the annual total assets of NXT Energy Solutions Inc from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $14.03 Million | -7.63% |
| 2023-12-31 | $15.18 Million | -2.51% |
| 2022-12-31 | $15.58 Million | -27.84% |
| 2021-12-31 | $21.58 Million | -10.10% |
| 2020-12-31 | $24.01 Million | -21.78% |
| 2019-12-31 | $30.69 Million | +21.49% |
| 2018-12-31 | $25.26 Million | +5.62% |
| 2017-12-31 | $23.92 Million | -16.62% |
| 2016-12-31 | $28.69 Million | +169.42% |
| 2015-12-31 | $10.65 Million | +104.23% |
| 2014-12-31 | $5.21 Million | -18.91% |
| 2013-12-31 | $6.43 Million | -14.14% |
| 2012-12-31 | $7.49 Million | +132.51% |
| 2011-12-31 | $3.22 Million | +57.51% |
| 2010-12-31 | $2.04 Million | -64.38% |
| 2009-12-31 | $5.74 Million | -7.54% |
| 2008-12-31 | $6.21 Million | -32.68% |
| 2007-12-31 | $9.22 Million | +217.60% |
| 2006-12-31 | $2.90 Million | +18.10% |
| 2005-12-31 | $2.46 Million | -7.49% |
| 2004-12-31 | $2.66 Million | +0.83% |
| 2003-12-31 | $2.64 Million | -34.41% |
| 2002-12-31 | $4.02 Million | -65.83% |
| 2001-12-31 | $11.76 Million | -3.33% |
| 2000-12-31 | $12.17 Million | -- |