Nexalin Debt Ratio from 2010 to 2024

NXLIW Stock  USD 0.54  0.02  3.57%   
Nexalin Technology Debt Ratio yearly trend continues to be fairly stable with very little volatility. Debt Ratio will likely drop to 0 in 2024. During the period from 2010 to 2024, Nexalin Technology Debt Ratio regression line of quarterly data had mean square error of  2.81 and geometric mean of  1.32. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.00122883
Current Value
0.001167
Quarterly Volatility
2.72443778
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nexalin Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexalin Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 K, Interest Expense of 54.4 K or Selling General Administrative of 4 M, as well as many indicators such as Price To Sales Ratio of 25.55, Dividend Yield of 0.0 or PTB Ratio of 0.98. Nexalin financial statements analysis is a perfect complement when working with Nexalin Technology Valuation or Volatility modules.
  
Check out the analysis of Nexalin Technology Correlation against competitors.
For more information on how to buy Nexalin Stock please use our How to Invest in Nexalin Technology guide.

Latest Nexalin Technology's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Nexalin Technology over the last few years. It is Nexalin Technology's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nexalin Technology's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Nexalin Debt Ratio Regression Statistics

Arithmetic Mean4.60
Geometric Mean1.32
Coefficient Of Variation59.26
Mean Deviation2.30
Median6.28
Standard Deviation2.72
Sample Variance7.42
Range6.2783
R-Value(0.80)
Mean Square Error2.81
R-Squared0.65
Significance0.0003
Slope(0.49)
Total Sum of Squares103.92

Nexalin Debt Ratio History

2024 0.001167
2023 0.001229
2022 0.0942
2021 1.01
2020 5.06

Other Fundumenentals of Nexalin Technology

Nexalin Technology Debt Ratio component correlations

0.95-0.48-0.710.230.07-0.011.0-0.220.9-0.790.990.710.910.96-0.36-0.36
0.95-0.63-0.8-0.040.05-0.30.95-0.490.91-0.760.980.730.941.0-0.6-0.6
-0.48-0.630.930.19-0.610.49-0.460.83-0.770.79-0.54-0.89-0.79-0.630.890.89
-0.71-0.80.93-0.03-0.560.29-0.70.66-0.90.9-0.74-0.93-0.91-0.820.820.82
0.23-0.040.19-0.030.460.940.240.710.16-0.350.110.190.070.00.470.47
0.070.05-0.61-0.560.460.240.07-0.160.39-0.660.050.680.350.08-0.33-0.33
-0.01-0.30.490.290.940.240.00.89-0.14-0.03-0.13-0.14-0.23-0.260.70.7
1.00.95-0.46-0.70.240.070.0-0.210.9-0.780.990.70.90.96-0.35-0.35
-0.22-0.490.830.660.71-0.160.89-0.21-0.470.36-0.33-0.53-0.53-0.470.90.9
0.90.91-0.77-0.90.160.39-0.140.9-0.47-0.940.920.930.990.92-0.57-0.57
-0.79-0.760.790.9-0.35-0.66-0.03-0.780.36-0.94-0.78-0.98-0.92-0.780.520.52
0.990.98-0.54-0.740.110.05-0.130.99-0.330.92-0.780.720.930.98-0.44-0.44
0.710.73-0.89-0.930.190.68-0.140.7-0.530.93-0.980.720.920.75-0.64-0.64
0.910.94-0.79-0.910.070.35-0.230.9-0.530.99-0.920.930.920.95-0.63-0.63
0.961.0-0.63-0.820.00.08-0.260.96-0.470.92-0.780.980.750.95-0.59-0.59
-0.36-0.60.890.820.47-0.330.7-0.350.9-0.570.52-0.44-0.64-0.63-0.591.0
-0.36-0.60.890.820.47-0.330.7-0.350.9-0.570.52-0.44-0.64-0.63-0.591.0
Click cells to compare fundamentals

About Nexalin Technology Financial Statements

Nexalin Technology investors use historical fundamental indicators, such as Nexalin Technology's Debt Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nexalin Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Flow To Debt Ratio(859.37)(816.40)

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Additional Tools for Nexalin Stock Analysis

When running Nexalin Technology's price analysis, check to measure Nexalin Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexalin Technology is operating at the current time. Most of Nexalin Technology's value examination focuses on studying past and present price action to predict the probability of Nexalin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexalin Technology's price. Additionally, you may evaluate how the addition of Nexalin Technology to your portfolios can decrease your overall portfolio volatility.