Nexalin Inventory vs Long Term Debt 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 Inventory and its Long Term Debt 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.

Inventory vs Long Term Debt

Inventory vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexalin Technology Inventory account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Nexalin Technology's Inventory and Long Term Debt is -0.84. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt 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 Inventory and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Nexalin Technology are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., Nexalin Technology's Inventory and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Inventory

Long Term Debt

Long-term debt is a debt that Nexalin Technology has held for over one year. Long-term debt appears on Nexalin Technology balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nexalin Technology balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Expense82.3K59.4K38.8K54.4K
Depreciation And Amortization537.05.7K4.3K2.5K

Nexalin Technology fundamental ratios Correlations

-0.470.370.160.950.72-0.48-0.710.230.380.430.371.00.070.26-0.80.930.840.86-0.011.0-0.220.9-0.79-0.740.99
-0.47-0.040.55-0.670.240.940.860.46-0.59-0.99-0.99-0.43-0.32-0.750.74-0.69-0.86-0.790.71-0.450.95-0.710.620.91-0.56
0.37-0.040.80.190.28-0.31-0.470.850.670.0-0.020.380.76-0.01-0.630.280.210.480.670.370.250.49-0.66-0.30.29
0.160.550.8-0.120.520.310.080.990.17-0.59-0.610.190.36-0.45-0.13-0.07-0.26-0.010.980.170.780.06-0.230.240.04
0.95-0.670.19-0.120.54-0.63-0.8-0.040.380.650.60.940.050.49-0.820.950.950.9-0.30.95-0.490.91-0.76-0.860.98
0.720.240.280.520.540.25-0.090.5-0.17-0.29-0.350.76-0.31-0.23-0.280.470.250.290.470.740.450.39-0.28-0.080.66
-0.480.94-0.310.31-0.630.250.930.19-0.81-0.95-0.94-0.44-0.61-0.70.84-0.68-0.84-0.850.49-0.460.83-0.770.790.94-0.54
-0.710.86-0.470.08-0.8-0.090.93-0.03-0.77-0.85-0.82-0.69-0.56-0.70.96-0.8-0.93-0.960.29-0.70.66-0.90.90.97-0.74
0.230.460.850.99-0.040.50.19-0.030.3-0.49-0.510.260.46-0.37-0.230.01-0.160.10.940.240.710.16-0.350.120.11
0.38-0.590.670.170.38-0.17-0.81-0.770.30.60.590.350.90.3-0.760.540.570.730.010.37-0.40.7-0.87-0.720.38
0.43-0.990.0-0.590.65-0.29-0.95-0.85-0.490.61.00.390.340.77-0.70.650.850.77-0.740.41-0.960.68-0.61-0.90.52
0.37-0.99-0.02-0.610.6-0.35-0.94-0.82-0.510.591.00.330.350.77-0.670.610.820.73-0.750.36-0.970.64-0.58-0.880.47
1.0-0.430.380.190.940.76-0.44-0.690.260.350.390.330.060.25-0.790.910.810.830.031.0-0.180.88-0.77-0.710.99
0.07-0.320.760.360.05-0.31-0.61-0.560.460.90.340.350.060.26-0.550.160.250.450.240.07-0.160.39-0.66-0.440.05
0.26-0.75-0.01-0.450.49-0.23-0.7-0.7-0.370.30.770.770.250.26-0.530.310.650.52-0.560.25-0.720.38-0.37-0.680.32
-0.80.74-0.63-0.13-0.82-0.280.840.96-0.23-0.76-0.7-0.67-0.79-0.55-0.53-0.85-0.89-0.980.08-0.80.49-0.950.940.92-0.81
0.93-0.690.28-0.070.950.47-0.68-0.80.010.540.650.610.910.160.31-0.850.920.93-0.250.93-0.490.97-0.84-0.870.96
0.84-0.860.21-0.260.950.25-0.84-0.93-0.160.570.850.820.810.250.65-0.890.920.95-0.450.83-0.70.92-0.82-0.970.88
0.86-0.790.48-0.010.90.29-0.85-0.960.10.730.770.730.830.450.52-0.980.930.95-0.220.85-0.570.99-0.94-0.960.88
-0.010.710.670.98-0.30.470.490.290.940.01-0.74-0.750.030.24-0.560.08-0.25-0.45-0.220.00.89-0.14-0.030.44-0.13
1.0-0.450.370.170.950.74-0.46-0.70.240.370.410.361.00.070.25-0.80.930.830.850.0-0.210.9-0.78-0.730.99
-0.220.950.250.78-0.490.450.830.660.71-0.4-0.96-0.97-0.18-0.16-0.720.49-0.49-0.7-0.570.89-0.21-0.470.360.75-0.33
0.9-0.710.490.060.910.39-0.77-0.90.160.70.680.640.880.390.38-0.950.970.920.99-0.140.9-0.47-0.94-0.920.92
-0.790.62-0.66-0.23-0.76-0.280.790.9-0.35-0.87-0.61-0.58-0.77-0.66-0.370.94-0.84-0.82-0.94-0.03-0.780.36-0.940.87-0.78
-0.740.91-0.30.24-0.86-0.080.940.970.12-0.72-0.9-0.88-0.71-0.44-0.680.92-0.87-0.97-0.960.44-0.730.75-0.920.87-0.79
0.99-0.560.290.040.980.66-0.54-0.740.110.380.520.470.990.050.32-0.810.960.880.88-0.130.99-0.330.92-0.78-0.79
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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.