Nexalin Short Long Term Debt Total vs Cash 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 Short Long Term Debt Total and its Cash 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.

Short Long Term Debt Total vs Cash

Short Long Term Debt Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexalin Technology Short Long Term Debt Total account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nexalin Technology's Short Long Term Debt Total and Cash is -0.59. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Cash 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 Short Long Term Debt Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Nexalin Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Long Term Debt Total i.e., Nexalin Technology's Short Long Term Debt Total and Cash go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Long Term Debt Total

Cash

Cash refers to the most liquid asset of Nexalin Technology, which is listed under current asset account on Nexalin Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nexalin Technology customers. The amounts must be unrestricted with restricted cash listed in a different Nexalin Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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

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