GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NXT Energy Solutions Inc (TSX:SFD) » Definitions » Net Current Asset Value

NXT Energy Solutions (TSX:SFD) Net Current Asset Value : C$-0.06 (As of Mar. 2025)


View and export this data going back to 2007. Start your Free Trial

What is NXT Energy Solutions Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

NXT Energy Solutions's net current asset value per share for the quarter that ended in Mar. 2025 was C$-0.06.

The historical rank and industry rank for NXT Energy Solutions's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of NXT Energy Solutions was 188.70. The lowest was 3.58. And the median was 15.56.

TSX:SFD's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 3.855
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

NXT Energy Solutions Net Current Asset Value Historical Data

The historical data trend for NXT Energy Solutions's Net Current Asset Value 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.

* Premium members only.

NXT Energy Solutions Net Current Asset Value Chart

NXT Energy Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 -0.05 -0.06 -0.17

NXT Energy Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net Current Asset Value 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 -0.09 -0.13 -0.14 -0.17 -0.06

Competitive Comparison of NXT Energy Solutions's Net Current Asset Value

For the Oil & Gas Equipment & Services subindustry, NXT Energy Solutions's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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's Price-to-Net-Current-Asset-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NXT Energy Solutions's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where NXT Energy Solutions's Price-to-Net-Current-Asset-Value falls into.


;
;

NXT Energy Solutions Net Current Asset Value Calculation

NXT Energy Solutions's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.111-14.289-0-0)/78.495
=-0.17

NXT Energy Solutions's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9.3-14.106-0-0)/79.455
=-0.06

* 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  (TSX:SFD) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


NXT Energy Solutions Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of NXT Energy Solutions's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


NXT Energy Solutions Business Description

Traded in Other Exchanges
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.
Executives
Peter Arthur Mork Director
Chee Pheng Cheng 10% Security Holder
Jeffrey Tilson Director
Bruce G. Wilcox Director, Senior Officer
John Tilson Director
Eugene Darryl Woychyshyn Senior Officer