Nxt Energy Financials

Nxt Energy (NSFDF) reported $3.1M in total revenue for fiscal year 2021. This represents a 2195.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Nxt Energy (NSFDF) revenue grew by 2195% year-over-year, from $137K to $3.1M in fiscal year 2021.

No, Nxt Energy (NSFDF) reported a net income of -$3.1M in fiscal year 2021, with a net profit margin of -99.7%.

Nxt Energy (NSFDF) reported diluted earnings per share of $-0.05 for fiscal year 2021. This represents a 44.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2021, Nxt Energy (NSFDF) had $2.3M in cash and equivalents against $935K in long-term debt.

Nxt Energy (NSFDF) had a net profit margin of -99.7% in fiscal year 2021, representing the share of revenue converted into profit after all expenses.

Nxt Energy (NSFDF) generated -$1.0M in free cash flow during fiscal year 2021. This represents a 69.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Nxt Energy (NSFDF) generated -$1.0M in operating cash flow during fiscal year 2021, representing cash generated from core business activities.

Nxt Energy (NSFDF) had $21.6M in total assets as of fiscal year 2021, including both current and long-term assets.

Nxt Energy (NSFDF) invested $0 in capital expenditures during fiscal year 2021, funding long-term assets and infrastructure.

Nxt Energy (NSFDF) had a current ratio of 3.56 as of fiscal year 2021, which is generally considered healthy.

Nxt Energy (NSFDF) had a debt-to-equity ratio of 0.05 as of fiscal year 2021, measuring the company's financial leverage by comparing total debt to shareholder equity.

Nxt Energy (NSFDF) had a return on assets of -14.5% for fiscal year 2021, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2021 data, Nxt Energy (NSFDF) had $2.3M in cash against an annual operating cash burn of $1.0M. This gives an estimated cash runway of approximately 26 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Nxt Energy (NSFDF) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Nxt Energy (NSFDF) has an earnings quality ratio of 0.33x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Nxt Energy (NSFDF) scores 75 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.