NXT Energy Solutions
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has NXT Energy Solutions's balance sheet done over the years? Its assets were worth $15,184,760 last year, which is less than in the previous period. 44% of NXT Energy Solutions’s total assets is currently financed by debt. Its liabilities reached the amount of $6,639,351, which means an increase by 91% compared compared to last year.
Debt to Assets
| 2014 | 6049103 | 832.62K | 13.76% |
|---|---|---|---|
| 2015 | 39079903 | 3.45M | 8.85% |
| 2016 | 28689166 | 877.60K | 3.06% |
| 2017 | 23920991 | 2.34M | 9.8% |
| 2018 | 25264268 | 1.05M | 4.17% |
| 2019 | 30692941 | 4.00M | 13.06% |
| 2020 | 24009137 | 3.26M | 13.58% |
| 2021 | 21584371 | 3.42M | 15.87% |
| 2022 | 15575295 | 3.48M | 22.36% |
| 2023 | 15184760 | 6.63M | 43.72% |
NSFDF Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 401.71K | 263.43K | 2.25M | 2.69M | 2.85M | 339.53K | 166.61K | 490.49K | 7.08M | 50.63K |
Short term investments | 0 | 0 | 550K | 341.26K | 3.78M | 3.9M | 950K | 1.45M | 2.05M | 5.17M |
Net receivables | 1.73M | 57.06K | 841.56K | 965.54K | 1.70M | 61.27K | 60.02K | 205.95K | 810.4K | 248.93K |
Inventory | 0 | 0 | 0 | -4 | 0 | 0 | 0 | 0 | 404.84K | 0 |
Other current assets | 53.67K | 36.15K | 265.43K | 77.53K | 97.13K | 0 | 107.36K | 166.80K | 260.39K | 338.64K |
Total current assets | 2.28M | 356.65K | 3.91M | 4.07M | 8.44M | 4.36M | 1.28M | 2.31M | 10.69M | 5.81M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.18M | 1.80M | 2.56M | 3.12M | 3.74M | 683.15K | 778.68K | 3.34M | 3.67M | 237.46K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 11.46M | 13.16M | 14.86M | 16.28M | 17.97M | 19.65M | 21.33M | 23.02M | 24.70M | 0 |
Long term investments | 249.91K | 246.58K | 234.47K | 425.83K | 535.55K | 0 | 518.76K | 0 | 0 | 0 |
Other non-current assets | 0 | 246.58K | 234.47K | 526.56K | 535.55K | 560.34K | 518.76K | 0 | 0 | 0 |
Total non-current assets | 12.90M | 15.21M | 17.66M | 19.93M | 22.24M | 20.89M | 22.63M | 26.37M | 28.38M | 237.46K |
Total assets | 15.18M | 15.57M | 21.58M | 24.00M | 30.69M | 25.26M | 23.92M | 28.68M | 39.07M | 6.04M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 263.44K | 0 | 0 | 127.50K | 131.38K | 155.30K | 201 | 98 | 706.72K | 0 |
Short term debt | 2.18M | 761.42K | 597.75K | 773.46K | 736.40K | 42.60K | 567.51K | 36.76K | 34.15K | 0 |
Total current liabilities | 4.13M | 2.03M | 1.09M | 1.34M | 1.31M | 542.13K | 1.60M | 612.83K | 3.15M | 782.62K |
| Non-current liabilities: | ||||||||||
Long term debt | 2.47M | 1.42M | 2.30M | 1.89M | 2.66M | 42.51K | 85.11K | 124.69K | 161.46K | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 27.03K | 24.57K | 22.33K | 22.74K | 21.48K | 468.14K | 656.29K | 140.07K | 138.99K | 50K |
Total non-current liabilities | 2.50M | 1.44M | 2.32M | 1.91M | 2.69M | 510.66K | 741.40K | 264.77K | 300.46K | 50K |
Total liabilities | 6.63M | 3.48M | 3.42M | 3.26M | 4.00M | 1.05M | 2.34M | 877.60K | 3.45M | 832.62K |
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