Nxt Energy (NSFDF) Financials

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) has a return on equity of -17.2% for fiscal year 2021, measuring how efficiently the company generates profit from shareholder equity.

Nxt Energy (NSFDF) recorded an outflow of $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) recorded an outflow of $1.0M in operating cash flow during fiscal year 2021, representing cash used by 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) reported no capital expenditure during fiscal year 2021.

Nxt Energy (NSFDF) had 65M shares outstanding as of fiscal year 2021.

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.

Nxt Energy (NSFDF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2021). The market capitalization is $26.3M as of Sep 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Nxt Energy (NSFDF) trades at 8.4x sales, its market capitalization divided by revenue of $3.1M revenue, FY2021. The market capitalization is $26.3M as of Sep 4, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2021, Nxt Energy (NSFDF) held $2.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.0M over that year. Dividing the one by the other, the reported balance equals about 33 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Nxt Energy (NSFDF) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Nxt Energy (NSFDF) reported a net loss of $3.1M while operations used $1.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.