Nexalin Quick Ratio from 2010 to 2024

NXLIW Stock  USD 0.54  0.02  3.57%   
Nexalin Technology Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is likely to outpace its year average in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
7.69719785
Current Value
8.08
Quarterly Volatility
2.80262207
 
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 Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Nexalin Technology over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Nexalin Technology's Quick 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.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Nexalin Quick Ratio Regression Statistics

Arithmetic Mean1.38
Geometric Mean0.21
Coefficient Of Variation202.77
Mean Deviation2.05
Median0.09
Standard Deviation2.80
Sample Variance7.85
Range8.0198
R-Value0.69
Mean Square Error4.46
R-Squared0.47
Significance0
Slope0.43
Total Sum of Squares109.97

Nexalin Quick Ratio History

2024 8.08
2023 7.7
2022 3.73
2021 0.31
2020 0.0602

About Nexalin Technology Financial Statements

Nexalin Technology investors use historical fundamental indicators, such as Nexalin Technology's Quick 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
Quick Ratio 7.70  8.08 

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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.