Nexalin Technology (NXL) Debt Ratio (2021 - 2023)
Nexalin Technology's Debt Ratio came in at 0.11 for Q3 2023, up 88.4% from 0.06 a year earlier and up 16.7% from the prior quarter.
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Analysis
Nexalin Technology (NXL) Debt Ratio (2021 - 2023) Analysis & Trends
For FY2022, Nexalin Technology's Debt Ratio was 0.07, down 90.9% from FY2021.
- Going back by year, Debt Ratio was 0.74 in FY2021.
- The Q3 2023 figure represents the highest quarterly Debt Ratio since Q4 2021.
- Business Quant data shows NXL's Debt Ratio at 0.10 (Q2 2023), 0.08 (Q1 2023) and 0.07 (Q4 2022) in the three quarters before Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 0.28 |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 0.04 |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 0.33 |
| 10 | Nexalin Technology | 3.09 Mn | -8.70 Mn | 8,897.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 0.11 |
| Jun 30, 2023 | 0.10 |
| Mar 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.07 |
| Sep 30, 2022 | 0.06 |
| Dec 31, 2021 | 0.74 |
API Access
Nexalin Technology Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NXL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NXL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NXL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();