Nexalin Technology NXL
NASDAQ NXL
$4.87 -0.18 (-3.56%)
At close: Sep 10, 2026 · 4:00 PM EDT

Nexalin Technology (NXL) Asset Utilization Ratio (2022 - 2026)

Nexalin Technology (NXL) posted Asset Utilization Ratio of 0.06 for Q2 2026, down 2.01% on a QoQ basis from 0.07 in Q1 2026, and up 75.5% year-over-year from 0.04 in Q2 2025.

Analysis

Nexalin Technology (NXL) Asset Utilization Ratio (2022 - 2026) Analysis & Trends

Nexalin Technology has reported Asset Utilization Ratio for 5 years, with the latest figure at 0.06 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 75.5% year-over-year to 0.06 in Q2 2026; TTM through Jun 2026 was 0.06, a 75.5% increase from a year earlier, with the FY2025 full-year figure at 0.07, up 58.53% from the prior year.
  • Asset Utilization Ratio was 0.06 for Q2 2026 at Nexalin Technology, down from 0.07 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.17 in Q4 2022, with the low at 0.03 in Q3 2023.
  • Average Asset Utilization Ratio over 5 years is 0.07, with a median of 0.05 recorded in 2024.
  • The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio tumbled 83.6% in 2023, then soared 79.79% in 2026.
  • Over 5 years, Asset Utilization Ratio stood at 0.17 in 2022, then sank by 83.6% to 0.03 in 2023, then gained by 29.62% to 0.04 in 2024, then surged by 73.63% to 0.06 in 2025, then increased by 4.9% to 0.06 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.06 (Q2 2026), 0.07 (Q1 2026), and 0.06 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Abbott Laboratories 179.79 Bn 174.18 Bn 7.27 Bn 0.42
2 Intuitive Surgical 127.69 Bn 122.47 Bn 1.96 Bn 0.54
3 Medtronic 117.23 Bn 108.41 Bn 6.34 Bn 0.40
4 Stryker 103.55 Bn 100.07 Bn 4.50 Bn 0.55
5 Boston Scientific 63.24 Bn 62.70 Bn 3.85 Bn 0.47
6 Edwards Lifesciences 49.97 Bn 45.72 Bn 1.35 Bn 0.48
7 Alcon 32.83 Bn 31.37 Bn 1.68 Bn 0.34
8 Dexcom 32.30 Bn 30.35 Bn 830.00 Mn 0.76
9 Steris 20.73 Bn 20.25 Bn 684.20 Mn 0.56
10 Nexalin Technology 3.44 Mn 2.44 Mn 8,897.00 0.06
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.06
Mar 31, 2026 0.07
Dec 31, 2025 0.06
Sep 30, 2025 0.03
Jun 30, 2025 0.04
Mar 31, 2025 0.04
Dec 31, 2024 0.04
Sep 30, 2024 0.05
Jun 30, 2024 0.07
Mar 31, 2024 0.05
Dec 31, 2023 0.03
Sep 30, 2023 0.03
Jun 30, 2023 0.12
Mar 31, 2023 0.15
Dec 31, 2022 0.17