NXT Energy Solutions Inc (SFD) - Total Assets

Latest as of September 2025: CA$18.06 Million CAD ≈ $13.06 Million USD

Based on the latest financial reports, NXT Energy Solutions Inc (SFD) holds total assets worth CA$18.06 Million CAD (≈ $13.06 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. See NXT Energy Solutions Inc book value and equity for net asset value and shareholders' equity analysis.

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

This chart illustrates how NXT Energy Solutions Inc's total assets have evolved over time, based on quarterly financial data.

NXT Energy Solutions Inc - Asset Composition Analysis

Current Asset Composition (December 2024)

NXT Energy Solutions Inc's total assets of CA$18.06 Million consist of 7.9% current assets and 92.1% non-current assets.

Asset Category	Amount (CAD)	% of Total Assets
Cash & Equivalents	CA$730.40K	5.2%
Accounts Receivable	CA$105.86K	0.8%
Inventory	CA$0.00	0.0%
Property, Plant & Equipment	CA$2.88 Million	20.6%
Intangible Assets	CA$9.77 Million	69.7%
Goodwill	CA$0.00	0.0%

Asset Composition Trend (1998–2024)

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. For live market cap, price, and company overview, see SFD stock market capitalisation.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: NXT Energy Solutions Inc's current assets represent 7.9% of total assets in 2024, a decrease from 87.4% in 1998.
Cash Position: Cash and equivalents constituted 5.2% of total assets in 2024, down from 84.7% in 1998.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 69.0% of total assets, an increase from 0.0% in 1998.
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
Terravest Capital Inc TO:TVK	Canada	CA$2.10 Billion
Pulse Seismic Inc TO:PSD	Canada	CA$22.80 Million
Malaysia Marine and Heavy Engineering Holdings Bhd KLSE:5186	Malaysia	RM3.13 Billion
PBG SA WAR:PBG	Poland	zł22.89 Million
Halliburton Co BA:HAL	Argentina	AR$25.01 Billion
Worley Ltd AU:WOR	Australia	AU$10.85 Billion
SRJ Technologies Group Plc AU:SRJ	Australia	AU$10.99 Million
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft VI:SBO	Austria	€879.42 Million

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	0.24	0.22	0.00
Working Capital	CA$2.60 Million	CA$-2.94 Million	CA$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	3.07
Latest Market Cap to Assets Ratio	2.34
Asset Growth Rate (YoY)	-7.6%
Total Assets	CA$14.03 Million
Market Capitalization	$32.82 Million USD

Valuation Analysis

Premium Asset Valuation: The market values NXT Energy Solutions Inc's assets at a significant premium (2.34x), suggesting investors see substantial growth potential or unique competitive advantages.

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 (1998–2024)

The table below shows the annual total assets of NXT Energy Solutions Inc from 1998 to 2024.

Year	Total Assets	Change
2024-12-31	CA$14.03 Million ≈ $10.15 Million	-7.63%
2023-12-31	CA$15.18 Million ≈ $10.98 Million	-2.51%
2022-12-31	CA$15.58 Million ≈ $11.27 Million	-27.84%
2021-12-31	CA$21.58 Million ≈ $15.61 Million	-10.10%
2020-12-31	CA$24.01 Million ≈ $17.37 Million	-21.78%
2019-12-31	CA$30.69 Million ≈ $22.20 Million	+21.49%
2018-12-31	CA$25.26 Million ≈ $18.28 Million	+5.62%
2017-12-31	CA$23.92 Million ≈ $17.30 Million	-16.62%
2016-12-31	CA$28.69 Million ≈ $20.75 Million	-26.59%
2015-12-31	CA$39.08 Million ≈ $28.27 Million	+546.04%
2014-12-31	CA$6.05 Million ≈ $4.38 Million	-11.56%
2013-12-31	CA$6.84 Million ≈ $4.95 Million	-8.29%
2012-12-31	CA$7.46 Million ≈ $5.40 Million	+127.74%
2011-12-31	CA$3.27 Million ≈ $2.37 Million	+59.99%
2010-12-31	CA$2.05 Million ≈ $1.48 Million	-65.92%
2009-12-31	CA$6.01 Million ≈ $4.34 Million	-20.98%
2008-12-31	CA$7.60 Million ≈ $5.50 Million	-16.78%
2007-12-31	CA$9.13 Million ≈ $6.61 Million	+169.81%
2006-12-31	CA$3.39 Million ≈ $2.45 Million	+18.52%
2005-12-31	CA$2.86 Million ≈ $2.07 Million	-10.61%
2004-12-31	CA$3.20 Million ≈ $2.31 Million	-6.53%
2003-12-31	CA$3.42 Million ≈ $2.47 Million	-45.97%
2002-12-31	CA$6.33 Million ≈ $4.58 Million	-66.21%
2001-12-31	CA$18.73 Million ≈ $13.55 Million	+2.63%
2000-12-31	CA$18.25 Million ≈ $13.20 Million	+17.41%
1999-12-31	CA$15.54 Million ≈ $11.24 Million	+81.45%
1998-12-31	CA$8.56 Million ≈ $6.20 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