NXT Energy Solutions (NSFDF) Debt to Equity (2021 - 2025)

NXT Energy Solutions (NSFDF) reported Debt to Equity of $0.04 for Q4 2025, up 101.49% on a YoY basis from $0.02 in Q4 2024, and up 101.49% quarter-over-quarter from -$2.71 in Q4 2024.

NXT Energy Solutions (NSFDF) Debt to Equity (2021 - 2025) Analysis & Trends

NXT Energy Solutions has reported Debt to Equity for 5 years, with the latest figure at $0.04 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity rose 101.49% year-over-year to $0.04; the trailing twelve-month figure through Dec 2025 stood at $0.04 (up 101.49% YoY), and the FY2025 full-year result was $0.04, up 101.49% from the prior year.
  • Debt to Equity for Q4 2025 stood at $0.04, up from -$2.71 in the prior quarter.
  • The five-year high for Debt to Equity was $0.1 in Q4 2023, with the low at -$2.71 in Q4 2024.
  • Historically, Debt to Equity has averaged -$0.5 across 5 years, with a median of $0.04 in 2025.
  • Annual changes were most pronounced in 2022 — Debt to Equity jumped 862.36% — and 2024, when it tumbled 2914.71%.
  • NXT Energy Solutions' Debt to Equity stood at -$0.01 in 2021, then jumped by 862.36% to $0.09 in 2022, then gained by 10.05% to $0.1 in 2023, then plunged by 2914.71% to -$2.71 in 2024, then soared by 101.49% to $0.04 in 2025.
  • The last three Debt to Equity figures came in at $0.04 (Q4 2025), -$2.71 (Q4 2024), and $0.1 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.37
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.83
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.01
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 0.13
5 Enerflex 8.62 Bn 8.57 Bn - 0.53
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.27
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.84
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 1.57
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 2.37
10 NXT Energy Solutions - - -221,195.80 -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.04
Dec 31, 2024 -2.71
Dec 31, 2023 0.10
Dec 31, 2022 0.09
Dec 31, 2021 -0.01