Nexalin Net Invested Capital vs Non Current Assets Total Analysis

NXLIW Stock  USD 0.41  0.19  31.67%   
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 Net Invested Capital and its Non Current Assets Total 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.

Net Invested Capital vs Non Current Assets Total

Net Invested Capital vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexalin Technology Net Invested Capital account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nexalin Technology's Net Invested Capital and Non Current Assets Total is 0.52. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Current Assets Total 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 Net Invested Capital and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Nexalin Technology are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Invested Capital i.e., Nexalin Technology's Net Invested Capital and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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
Click cells to compare fundamentals

Nexalin Technology Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.