Nexera Energy (TSXV:NGY) Net Current Asset Value: C$-0.24 (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Nexera Energy Net Current Asset Value?

Nexera Energy TSXV:NGY Net Current Asset Value is C$-0.24 as of Sep. 2025. The stock has 4 warning signs investors should review. Among 300 Oil & Gas companies, Nexera Energy ranks worse than 333333% on this metric.

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).

Nexera Energy's net current asset value per share for the quarter that ended in Sep. 2025 was C$-0.24.

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

TSXV:NGY's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 3.845
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Nexera Energy  (TSXV:NGY) 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.


Nexera Energy Net Current Asset Value Related Terms


Nexera Energy Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Nexera Energy'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.

Nexera Energy Net Current Asset Value Chart

Nexera Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.03 -0.77 -0.41 -0.36 -0.39

Nexera Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25
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 -0.38 -0.27 -0.32 -0.24 -0.24

TSXV:NGY vs ROYL, PTCO, SPOWF: Net Current Asset Value Comparison

For the Oil & Gas E&P subindustry, Nexera Energy'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.


Nexera Energy Price-to-Net-Current-Asset-Value vs Oil & Gas Industry

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

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



Nexera Energy Net Current Asset Value Calculation

Nexera Energy's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(A: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.19-25.532-0-0)/62.434
=-0.39

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

Net Current Asset Value Per Share(Q: Sep. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.03-32.632-0-0)/129.884
=-0.24

* 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.

What does a Net Current Asset Value of C$-0.24 mean?
Nexera Energy (TSXV:NGY) has a Net Current Asset Value of C$-0.24 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Nexera Energy and its competitors. According to the industry distribution chart, Nexera Energy ranks #999999 out of 300 companies in the Oil & Gas industry.
Is Nexera Energy's Net Current Asset Value too high?
Nexera Energy's current Net Current Asset Value is C$-0.24. Based on the distribution chart, Nexera Energy ranks #999999 out of 300 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Nexera Energy's Net Current Asset Value compare to ROYL and PTCO?
According to the Oil & Gas industry distribution chart, Nexera Energy ranks #999999 out of 300 companies for Net Current Asset Value. This places Nexera Energy in the lower half of its industry. The industry median Net Current Asset Value is 3.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 3.85, based on 300 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Nexera Energy and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexera Energy's current Net Current Asset Value is C$-0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexera Energy stock overvalued right now?
Nexera Energy (TSXV:NGY) has a current Net Current Asset Value of C$-0.24. The current Net Current Asset Value is C$-0.24. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Nexera Energy (TSXV:NGY), the current Net Current Asset Value is C$-0.24 as of Sep. 2025. 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.

Nexera Energy Business Description

Industry EnergyOil & Gas
Other Exchanges EMBYF:USA
Address 54th Street South East, Suite 11411, Calgary, AB, CAN, T2C 5R9
Nexera Energy Inc is a Canada based company with oil-producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, in Alberta, Canada and Texas, USA. The company derives revenue from the sale of crude oil, natural gas, and natural gas liquids, of which key revenue is earned from the sale of crude oil.