NSFDF (NXT Energy Solutions) Accumulated Depreciation: $-2.65 Mil (As of Mar. 2026)

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NSFDF NXT Energy Solutions Inc NSFDF
28 GF Score
Price $0.27
! 7 Warning Signs
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What is NXT Energy Solutions Accumulated Depreciation?

NXT Energy Solutions NSFDF 28 Accumulated Depreciation is $-2.65 Mil as of Mar. 2026. GuruFocus rates NSFDF with a GF Score™ of 28/100. The stock has 7 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

NXT Energy Solutions's quarterly accumulated depreciation increased from Sep. 2025 ($-2.53 Mil) to Dec. 2025 ($-4.38 Mil) but then stayed the same from Dec. 2025 ($-4.38 Mil) to Mar. 2026 ($-2.65 Mil).

NXT Energy Solutions's annual accumulated depreciation declined from Dec. 2023 ($-4.61 Mil) to Dec. 2024 ($-4.26 Mil) but then increased from Dec. 2024 ($-4.26 Mil) to Dec. 2025 ($-4.38 Mil).

NXT Energy Solutions Accumulated Depreciation Related Terms

NXT Energy Solutions Accumulated Depreciation Historical Data

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The historical data trend for NXT Energy Solutions's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NXT Energy Solutions Accumulated Depreciation Chart

NXT Energy Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.83 -4.07 -4.61 -4.26 -4.38

NXT Energy Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.34 -2.51 -2.53 -4.38 -2.65
NSFDF
28GF Score
NXT Energy Solutions Inc NSFDF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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NXT Energy Solutions Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-2.65 Mil mean?
NXT Energy Solutions (NSFDF) has a Accumulated Depreciation of $-2.65 Mil as of Mar. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NXT Energy Solutions and its competitors.
Is NXT Energy Solutions' Accumulated Depreciation too high?
NXT Energy Solutions' current Accumulated Depreciation is $-2.65 Mil. Overall, NXT Energy Solutions has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does NXT Energy Solutions' Accumulated Depreciation compare to SLB and BKR?
NXT Energy Solutions' Accumulated Depreciation of $-2.65 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NXT Energy Solutions and its competitors. NXT Energy Solutions's current Accumulated Depreciation is $-2.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NXT Energy Solutions stock overvalued right now?
NXT Energy Solutions (NSFDF) has a current Accumulated Depreciation of $-2.65 Mil. The current Accumulated Depreciation is $-2.65 Mil. NXT Energy Solutions' overall GF Score™ is 28/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For NXT Energy Solutions (NSFDF), the current Accumulated Depreciation is $-2.65 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NXT Energy Solutions Business Description

Industry EnergyOil & Gas
Other Exchanges SFD:Canada
Address 3320 -17th Avenue SW, Suite 302, Calgary, AB, CAN, T3E 0B4
NXT Energy Solutions Inc is a Canadian company which offers geophysical service to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. The SFD is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential. The SFD system is used to accelerate onshore and offshore exploration over any terrain with the objective of reducing the total time, cost and risk of the exploration cycle, with no environmental footprint or community impact.
28GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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