Update date
31 Dec 2024
Sources and sharing
NSFDF - NXT Energy Solutions Inc. Interest Expense
- Context
- Latest reported period: 2024
- Latest reported value
- CA$750,611
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Values may differ by reporting period and company taxonomy.
Tracking and update notes
Why revisit this metric view
This metric history becomes more useful after the next quarterly or annual filing because the latest reported value, period, and company comparison context can all change.
- Latest source-backed update
- Latest period end 31 Dec 2024
- Why come back
- Return after the next filing to verify whether this metric changed and how it compares with the ranking page.
- Current latest reported period: 2024.
- Latest reported value on this page: CA$750,611.
- Save this filer if you want to compare the next reported value with this history.
Metric freshness comes from the latest SEC company fact available for this taxonomy tag and the paired company facts page.
Latest update
Latest update for Interest Expense
Latest reported interest expense: CA$750,611. Open the source-backed page to compare this metric with the newest filing-backed context.
Page type
Metric history
Latest period
2024
SEC-backed company facts were refreshed from filings filed on 30 Apr 2025.
Benchmark Context
How Interest Expense compares with peers
NXT Energy Solutions Inc. sits in the bottom quarter of the current interest expense sample.
Compared with
Compared with 11 companies reporting interest expense in CAD. This keeps the comparison on the same metric and unit family.
Why this is notable
This is about 0x the current sample midpoint. Interest Expense is up about 368% versus the comparable prior period.
- Visible rows currently span reported period ends from 31 Dec 2017 to 31 Mar 2026.
- Nearby companies in this sample: EVOME MEDICAL TECHNOLOGIES INC. and Rise Gold Corp..
- Current sample position: rank #10 of 11 comparable companies.
- Peer rows use the latest valid value per company for this exact metric and compatible units.
Peer comparisons use the same metric and compatible units only. Latest reported periods may differ across companies, so open each company page before drawing conclusions.
Financial Metric Page
NXT Energy Solutions Inc.: Interest Expense
Latest period: 2024. Period end: 31 Dec 2024. Units: CAD. Frequency: annual.
Amount of the cost of borrowed funds accounted for as interest expense.
Metric snapshot
- Latest value
- CA$750,611
- Coverage range
- 31 Dec 2021 - 31 Dec 2024
- Fact rows
- 4
What this metric tells you
- Shows reported interest expense over 31 Dec 2021 - 31 Dec 2024.
- Includes year-over-year change points to highlight acceleration or slowdown.
- Built from 4 SEC fact rows for this metric and issuer.
How to read this chart
- Start with the latest point, then compare it with the prior periods to see direction.
- Use annual sequence to compare like-for-like periods.
- Use YoY change bars to separate growth from contraction across matching periods.
Official SEC source
Source: SEC company facts
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Reporting periods may differ by company.
- View financial facts overview
- NXT Energy Solutions Inc. SEC filings
- Latest 10-Q/10-K hub
- Open SEC company facts
Direct filing link is shown only when a matched SEC filing document is available for this metric context.
Compare This Metric Across Companies
Compare latest available Interest Expense levels across SEC-reporting companies, then open each company metric page for SEC-backed verification. Reporting periods may differ by company.
NXT Energy Solutions Inc. appears at rank #10 in the latest comparison sample.
| Rank | Company | Latest value | Report period | Next step |
|---|---|---|---|---|
| 1 | ENBRIDGE INC (enb) | CA$5,023,000,000 | Year - 31 Dec 2025 | Open ENBRIDGE INC Interest Expense |
| 2 | Fortis Inc. (fts) | CA$1,305,000,000 | Year - 31 Dec 2023 | Open Fortis Inc. Interest Expense |
| 3 | CANADIAN PACIFIC KANSAS CITY LTD/CN (cp) | CA$446,000,000 | Year - 31 Dec 2021 | Open CANADIAN PACIFIC KANSAS CITY LTD/CN Interest Expense |
| 4 | SEABRIDGE GOLD INC (sa) | CA$263,541,000 | Year - 31 Dec 2022 | Open SEABRIDGE GOLD INC Interest Expense |
| 5 | ALGONQUIN POWER & UTILITIES CORP. (aqn) | CA$202,631,000 | Year - 31 Dec 2017 | Open ALGONQUIN POWER & UTILITIES CORP. Interest Expense |
| 6 | North American Construction Group Ltd. (noa) | CA$36,948,000 | Year - 31 Dec 2023 | Open North American Construction Group Ltd. Interest Expense |
Metric Details
- Metric
- Interest Expense (InterestExpense)
- Frequency coverage
-
annual
Comparability: Compare annual with annual and quarterly with quarterly
- Taxonomy
- us-gaap
- Units tracked
- CAD
- History range
-
31 Dec 2021 - 31 Dec 2024
Freshness: From parsed SEC XBRL facts on this page
- Facts on this page
-
4
Source: SEC company facts API
- Metric definition
- Amount of the cost of borrowed funds accounted for as interest expense.
- SEC metric endpoint
- Open SEC company concept
Metric identity
Names, identifiers, and filing context for this profile.
1 identity field
Metric coverage
3 source fields
How to read it
1 detail
Source evidence
Original filing metadata and source links for verification.
1 source field
Chart Context
Compare periods with the same frequency first, then use YoY and TTM series to confirm whether changes are structural or one-off.
Interest Expense, Annual (CAD)
Interest Expense, YoY Annual Change (%)
NXT Energy Solutions Inc. Annual Interest Expense (CAD)
| Period | Value | YoY Chg | Change % | Start Date | End Date | Report | Filed | Fiscal Year | Fiscal Period |
|---|---|---|---|---|---|---|---|---|---|
| 2024 | CA$750,611 | +CA$590,349 | +368% | 01 Jan 2024 | 31 Dec 2024 | 20-F | 30 Apr 2025 | 2024 | FY |
| 2023 | CA$160,262 | +CA$124,042 | +342% | 01 Jan 2023 | 31 Dec 2023 | 20-F | 30 Apr 2025 | 2024 | FY |
| 2022 | CA$36,220 | -CA$1,735 | -4.6% | 01 Jan 2022 | 31 Dec 2022 | 20-F | 30 Apr 2025 | 2024 | FY |
| 2021 | CA$37,955 | 01 Jan 2021 | 31 Dec 2021 | 20-F/A | 04 Mar 2025 | 2023 | FY |
* marks a reported value that did not pass the local value check.