Nexalin Technology (NXL) Debt Ratio (2021 - 2023)

Nexalin Technology has reported Debt Ratio for 3 years, with the latest figure at 0.11 in Q3 2023.

• On a quarterly basis, Debt Ratio rose 88.39% year-over-year to 0.11 in Q3 2023; TTM through Sep 2023 was 0.11, a 88.39% increase from a year earlier, with the FY2022 full-year figure at 0.07, down 90.95% from the prior year.
• Debt Ratio was 0.11 for Q3 2023 at Nexalin Technology, up from 0.1 in the prior quarter.
• The five-year high for Debt Ratio was 0.74 in Q4 2021, with the low at 0.06 in Q3 2022.
• Average Debt Ratio over 3 years is 0.19, with a median of 0.09 recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Debt Ratio plunged 90.95% in 2022, then jumped 88.39% in 2023.
• Over 3 years, Debt Ratio stood at 0.74 in 2021, then slumped by 90.95% to 0.07 in 2022, then jumped by 67.63% to 0.11 in 2023.
• The last three Debt Ratio figures came in at 0.11 (Q3 2023), 0.1 (Q2 2023), and 0.08 (Q1 2023), per Business Quant data.