Nexalin Technology, Inc.

Nexalin Technology, Inc. - Current Ratioverified

NXL

Price:

$0.368

Market Cap:

$7.57M

Nexalin Technology, Inc. operates as a medical device firm specializing in the creation and advancement of neurostimulation therapies for mental health conditions in both the United States and China. The company commercializes its primary product, the Nexalin Device, which provides a non-invasive and drug-free treatment for anxiety and insomnia. This device functions by emitting a proprietary frequency-based waveform designed to elicit a beneficial response from mid-brain structures associated with various psychological disorders. Furthermore, Nexalin Technology is currently developing "Generation 2," a new medical device undergoing clinical trials. This future product aims to address a broa...[Read more]

Industry

Medical - Devices

IPO Date

2022-09-16

Stock Exchange

NASDAQ

Ticker

NXL

The Current Ratio as of June 2026 (TTM) for Nexalin Technology, Inc. (NXL) is 4.07

According to Nexalin Technology, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.07. This represents a change of -50.41% compared to the average of 8.21 of the last 4 quarters.

Nexalin Technology, Inc. (NXL) Historical Current Ratio (quarterly & annually)

How has NXL Current Ratio performed in the past?

The mean historical Current Ratio of Nexalin Technology, Inc. over the last ten years is 3.50. The current 4.07 Current Ratio has changed 11.55% with respect to the historical average. Over the past ten years (40 quarters), NXL's Current Ratio was at its highest in in the September 2024 quarter at 16.39. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

3.50

Median

3.81

Minimum

0.07

Maximum

8.07

Nexalin Technology, Inc. (NXL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nexalin Technology, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.10%

Maximum Annual Current Ratio = 8.07

Minimum Annual Increase = -33.13%

Minimum Annual Current Ratio = 0.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20254.85-33.13%
20247.25-10.16%
20238.07111.68%
20223.811.10%
20210.32326.78%
20200.07-30.06%

Nexalin Technology, Inc. (NXL) Average Current Ratio

How has NXL Current Ratio performed in the past?

The current Current Ratio of Nexalin Technology, Inc. (NXL) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

6.72

5-year avg

4.86

10-year avg

3.50

Nexalin Technology, Inc. (NXL) Current Ratio vs. Peers

How is NXL’s Current Ratio compared to its peers?

Nexalin Technology, Inc.’s Current Ratio is less than Inspira Technologies Oxy B.H.N. Ltd. (0), less than Enlivex Therapeutics Ltd. (193.24), less than Retractable Technologies, Inc. (5.74), greater than CollPlant Biotechnologies Ltd. (2.27), greater than Harvard Bioscience, Inc. (1.99), greater than Vicarious Surgical Inc. (1.54), greater than Modular Medical, Inc. (1.59), greater than NeurAxis, Inc. (2.89), greater than SCYNEXIS, Inc. (3.94), greater than Exicure, Inc. (0.79),

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