Nexalin Cash And Short Term Investments vs Common Stock Analysis

NXLIW Stock

USD 0.54 0.02 3.57%

Nexalin Technology financial indicator trend analysis is infinitely more than just investigating Nexalin Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexalin Technology is a good investment. Please check the relationship between Nexalin Technology Cash And Short Term Investments and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexalin Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Nexalin Stock please use our How to Invest in Nexalin Technology guide.

Cash And Short Term Investments vs Common Stock

Cash And Short Term Investments vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexalin Technology Cash And Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Nexalin Technology's Cash And Short Term Investments and Common Stock is 0.88. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Nexalin Technology, assuming nothing else is changed. The correlation between historical values of Nexalin Technology's Cash And Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Nexalin Technology are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash And Short Term Investments i.e., Nexalin Technology's Cash And Short Term Investments and Common Stock go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nexalin Technology balance sheet. This account contains Nexalin Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nexalin Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock

Most indicators from Nexalin Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexalin Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexalin Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Nexalin Stock please use our How to Invest in Nexalin Technology guide.Sales General And Administrative To Revenue is likely to climb to 54.81 in 2024, whereas Selling General Administrative is likely to drop slightly above 4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	82.3K	59.4K	38.8K	54.4K
Depreciation And Amortization	537.0	5.7K	4.3K	2.5K

Interest Expense Depreciation And Amortization

Nexalin Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Capital Lease Obligations	Net Invested Capital
Total Assets		-0.47	0.37	0.16	0.95	0.72	-0.48	-0.71	0.23	0.38	0.43	0.37	1.0	0.07	0.26	-0.8	0.93	0.84	0.86	-0.01	1.0	-0.22	0.9	-0.79	-0.74	0.99
Short Long Term Debt Total	-0.47		-0.04	0.55	-0.67	0.24	0.94	0.86	0.46	-0.59	-0.99	-0.99	-0.43	-0.32	-0.75	0.74	-0.69	-0.86	-0.79	0.71	-0.45	0.95	-0.71	0.62	0.91	-0.56
Other Current Liab	0.37	-0.04		0.8	0.19	0.28	-0.31	-0.47	0.85	0.67	0.0	-0.02	0.38	0.76	-0.01	-0.63	0.28	0.21	0.48	0.67	0.37	0.25	0.49	-0.66	-0.3	0.29
Total Current Liabilities	0.16	0.55	0.8		-0.12	0.52	0.31	0.08	0.99	0.17	-0.59	-0.61	0.19	0.36	-0.45	-0.13	-0.07	-0.26	-0.01	0.98	0.17	0.78	0.06	-0.23	0.24	0.04
Total Stockholder Equity	0.95	-0.67	0.19	-0.12		0.54	-0.63	-0.8	-0.04	0.38	0.65	0.6	0.94	0.05	0.49	-0.82	0.95	0.95	0.9	-0.3	0.95	-0.49	0.91	-0.76	-0.86	0.98
Property Plant And Equipment Net	0.72	0.24	0.28	0.52	0.54		0.25	-0.09	0.5	-0.17	-0.29	-0.35	0.76	-0.31	-0.23	-0.28	0.47	0.25	0.29	0.47	0.74	0.45	0.39	-0.28	-0.08	0.66
Net Debt	-0.48	0.94	-0.31	0.31	-0.63	0.25		0.93	0.19	-0.81	-0.95	-0.94	-0.44	-0.61	-0.7	0.84	-0.68	-0.84	-0.85	0.49	-0.46	0.83	-0.77	0.79	0.94	-0.54
Retained Earnings	-0.71	0.86	-0.47	0.08	-0.8	-0.09	0.93		-0.03	-0.77	-0.85	-0.82	-0.69	-0.56	-0.7	0.96	-0.8	-0.93	-0.96	0.29	-0.7	0.66	-0.9	0.9	0.97	-0.74
Accounts Payable	0.23	0.46	0.85	0.99	-0.04	0.5	0.19	-0.03		0.3	-0.49	-0.51	0.26	0.46	-0.37	-0.23	0.01	-0.16	0.1	0.94	0.24	0.71	0.16	-0.35	0.12	0.11
Cash	0.38	-0.59	0.67	0.17	0.38	-0.17	-0.81	-0.77	0.3		0.6	0.59	0.35	0.9	0.3	-0.76	0.54	0.57	0.73	0.01	0.37	-0.4	0.7	-0.87	-0.72	0.38
Non Current Assets Total	0.43	-0.99	0.0	-0.59	0.65	-0.29	-0.95	-0.85	-0.49	0.6		1.0	0.39	0.34	0.77	-0.7	0.65	0.85	0.77	-0.74	0.41	-0.96	0.68	-0.61	-0.9	0.52
Non Currrent Assets Other	0.37	-0.99	-0.02	-0.61	0.6	-0.35	-0.94	-0.82	-0.51	0.59	1.0		0.33	0.35	0.77	-0.67	0.61	0.82	0.73	-0.75	0.36	-0.97	0.64	-0.58	-0.88	0.47
Cash And Short Term Investments	1.0	-0.43	0.38	0.19	0.94	0.76	-0.44	-0.69	0.26	0.35	0.39	0.33		0.06	0.25	-0.79	0.91	0.81	0.83	0.03	1.0	-0.18	0.88	-0.77	-0.71	0.99
Net Receivables	0.07	-0.32	0.76	0.36	0.05	-0.31	-0.61	-0.56	0.46	0.9	0.34	0.35	0.06		0.26	-0.55	0.16	0.25	0.45	0.24	0.07	-0.16	0.39	-0.66	-0.44	0.05
Common Stock Shares Outstanding	0.26	-0.75	-0.01	-0.45	0.49	-0.23	-0.7	-0.7	-0.37	0.3	0.77	0.77	0.25	0.26		-0.53	0.31	0.65	0.52	-0.56	0.25	-0.72	0.38	-0.37	-0.68	0.32
Non Current Liabilities Total	-0.8	0.74	-0.63	-0.13	-0.82	-0.28	0.84	0.96	-0.23	-0.76	-0.7	-0.67	-0.79	-0.55	-0.53		-0.85	-0.89	-0.98	0.08	-0.8	0.49	-0.95	0.94	0.92	-0.81
Inventory	0.93	-0.69	0.28	-0.07	0.95	0.47	-0.68	-0.8	0.01	0.54	0.65	0.61	0.91	0.16	0.31	-0.85		0.92	0.93	-0.25	0.93	-0.49	0.97	-0.84	-0.87	0.96
Other Current Assets	0.84	-0.86	0.21	-0.26	0.95	0.25	-0.84	-0.93	-0.16	0.57	0.85	0.82	0.81	0.25	0.65	-0.89	0.92		0.95	-0.45	0.83	-0.7	0.92	-0.82	-0.97	0.88
Other Stockholder Equity	0.86	-0.79	0.48	-0.01	0.9	0.29	-0.85	-0.96	0.1	0.73	0.77	0.73	0.83	0.45	0.52	-0.98	0.93	0.95		-0.22	0.85	-0.57	0.99	-0.94	-0.96	0.88
Total Liab	-0.01	0.71	0.67	0.98	-0.3	0.47	0.49	0.29	0.94	0.01	-0.74	-0.75	0.03	0.24	-0.56	0.08	-0.25	-0.45	-0.22		0.0	0.89	-0.14	-0.03	0.44	-0.13
Total Current Assets	1.0	-0.45	0.37	0.17	0.95	0.74	-0.46	-0.7	0.24	0.37	0.41	0.36	1.0	0.07	0.25	-0.8	0.93	0.83	0.85	0.0		-0.21	0.9	-0.78	-0.73	0.99
Short Term Debt	-0.22	0.95	0.25	0.78	-0.49	0.45	0.83	0.66	0.71	-0.4	-0.96	-0.97	-0.18	-0.16	-0.72	0.49	-0.49	-0.7	-0.57	0.89	-0.21		-0.47	0.36	0.75	-0.33
Common Stock	0.9	-0.71	0.49	0.06	0.91	0.39	-0.77	-0.9	0.16	0.7	0.68	0.64	0.88	0.39	0.38	-0.95	0.97	0.92	0.99	-0.14	0.9	-0.47		-0.94	-0.92	0.92
Long Term Debt	-0.79	0.62	-0.66	-0.23	-0.76	-0.28	0.79	0.9	-0.35	-0.87	-0.61	-0.58	-0.77	-0.66	-0.37	0.94	-0.84	-0.82	-0.94	-0.03	-0.78	0.36	-0.94		0.87	-0.78
Capital Lease Obligations	-0.74	0.91	-0.3	0.24	-0.86	-0.08	0.94	0.97	0.12	-0.72	-0.9	-0.88	-0.71	-0.44	-0.68	0.92	-0.87	-0.97	-0.96	0.44	-0.73	0.75	-0.92	0.87		-0.79
Net Invested Capital	0.99	-0.56	0.29	0.04	0.98	0.66	-0.54	-0.74	0.11	0.38	0.52	0.47	0.99	0.05	0.32	-0.81	0.96	0.88	0.88	-0.13	0.99	-0.33	0.92	-0.78	-0.79

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Nexalin Technology Account Relationship Matchups

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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.

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Nexalin Cash And Short Term Investments vs Common Stock Analysis

Cash And Short Term Investments vs Common Stock

Cash And Short Term Investments vs Common Stock Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Common Stock

Nexalin Technology fundamental ratios Correlations

Nexalin Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Nexalin Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Total Current Assets	+ 1.0	Cash And Short Term Investments
Net Invested Capital	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities

Non Currrent Assets Other	- 0.99	Short Long Term Debt Total
Non Current Assets Total	- 0.99	Short Long Term Debt Total
Other Stockholder Equity	- 0.98	Non Current Liabilities Total
Capital Lease Obligations	- 0.97	Other Current Assets
Short Term Debt	- 0.97	Non Currrent Assets Other
Capital Lease Obligations	- 0.96	Other Stockholder Equity