Nexalin Technology (NXL) Interest Coverage Ratio (2021 - 2026)

Nexalin Technology's (NXL) quarterly Interest Coverage Ratio came in at 81.53 in Q1 2026, up 43.24% year-on-year from 56.92 in Q1 2025, and down 300.16% quarter-over-quarter from 40.74 in Q4 2025.

Nexalin Technology (NXL) Interest Coverage Ratio (2021 - 2026) Analysis & Trends

Nexalin Technology's Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 81.53 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 43.24% year-over-year to 81.53 in Q1 2026; TTM through Mar 2026 was 2230.86, a 918.32% decrease from a year earlier, with the FY2025 full-year figure at 99.89, down 6831.2% from the prior year.
  • Interest Coverage Ratio declined to 81.53 in Q1 2026 per NXL's latest filing, from 40.74 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 1577.29 in Q4 2024 and bottomed at 179.18 in Q3 2024.
  • The 5-year median for Interest Coverage Ratio is 82.04 (2023), against an average of 15.06.
  • Across the five-year window, Interest Coverage Ratio sank 537.86% in 2023 and soared 1959.38% in 2024, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 16.21 in 2022, then plunged by 423.18% to 84.83 in 2023, then surged by 1959.38% to 1577.29 in 2024, then slumped by 97.42% to 40.74 in 2025, then tumbled by 300.16% to 81.53 in 2026.
  • Per Business Quant, the three latest NXL Interest Coverage Ratio figures stand at 81.53 (Q1 2026), 40.74 (Q4 2025), and 101.98 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 0.90
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 6.32
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 13.19
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.15
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 1.19
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 82.35
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -2.90
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 5.36
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Nexalin Technology 9.32 Mn 6.61 Mn 13,133.00 -81.53

Historic Data

Download Data
DateValue
Mar 31, 2026 -81.53
Dec 31, 2025 40.74
Sep 30, 2025 -101.98
Jun 30, 2025 -115.36
Mar 31, 2025 -143.66
Dec 31, 2024 1,577.29
Sep 30, 2024 -179.18
Jun 30, 2024 -96.08
Mar 31, 2024 -79.53
Dec 31, 2023 -84.83
Sep 30, 2023 -178.93
Jun 30, 2023 -64.95
Mar 31, 2023 -82.04
Dec 31, 2022 -16.21
Sep 30, 2022 -28.05
Jun 30, 2022 -89.02
Mar 31, 2022 -20.69
Dec 31, 2021 9.49
Sep 30, 2021 -66.07