A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for NXT Energy Solutions's Debt-to-EBITDA or its related term are showing as below:
NSFDF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.22 Med: -0.23 Max: 3.67
Current: -0.47
During the past 13 years, the highest Debt-to-EBITDA Ratio of NXT Energy Solutions was 3.67. The lowest was -2.22. And the median was -0.23.
NSFDF's Debt-to-EBITDA is ranked worse than 100% of 704
companies
in the Oil & Gas industry
Industry Median: 2.015
vs NSFDF: -0.47
NXT Energy Solutions (OTCPK:NSFDF) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
NXT Energy Solutions Debt-to-EBITDA Related Terms
NXT Energy Solutions Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for NXT Energy Solutions's Debt-to-EBITDA 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.
For the Oil & Gas Equipment & Services subindustry, NXT Energy Solutions's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NXT Energy Solutions Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NXT Energy Solutions's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where NXT Energy Solutions's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
NXT Energy Solutions (NSFDF) has a Debt-to-EBITDA of -0.26 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NXT Energy Solutions. According to the industry distribution chart, NXT Energy Solutions ranks #999999 out of 704 companies in the Oil & Gas industry.
Is NXT Energy Solutions' Debt-to-EBITDA too high?
NXT Energy Solutions' current Debt-to-EBITDA is -0.26. Based on the distribution chart, NXT Energy Solutions ranks #999999 out of 704 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, NXT Energy Solutions has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NXT Energy Solutions' Debt-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NXT Energy Solutions ranks #999999 out of 704 companies for Debt-to-EBITDA. This places NXT Energy Solutions in the lower half of its industry. The industry median Debt-to-EBITDA is 2.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.02, based on 704 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NXT Energy Solutions. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NXT Energy Solutions's current Debt-to-EBITDA is -0.26. 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?
Based on GuruFocus' analysis, NXT Energy Solutions (NSFDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.54, compared to a current price of $0.32 — trading 40.1% below its estimated fair value. The current Debt-to-EBITDA is -0.26. NXT Energy Solutions' overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For NXT Energy Solutions (NSFDF), the current Debt-to-EBITDA is -0.26 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.
Is NXT Energy Solutions (NSFDF) Overvalued in 2026?
Based on GuruFocus' analysis, NXT Energy Solutions stock appears to be undervalued.
The current stock price of $0.32 is trading 40.1% below its estimated GF Value™ of $0.54.
GuruFocus considers NXT Energy Solutions to be Possible Value Trap.
Key valuation signals for NSFDF:
Debt-to-EBITDA: -0.26
GF Value™: $0.54 vs. price of $0.32 (40.1% below fair value)
No single metric tells the full story. See the NSFDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
30GF Score
Get the complete analysis for NSFDF
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSFDF has been successfully added to your 
