Nexalin Technology Inc. (NXL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nexalin Technology Inc. (NXL) has a cash flow conversion efficiency ratio of -0.593x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.71 Million) by net assets ($2.89 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NXL net asset quality score to measure how much of total assets are equity-financed.
Nexalin Technology Inc. - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how Nexalin Technology Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore NXL strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Nexalin Technology Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nexalin Technology Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nisun International Enterprise Development Group Co Ltd
NASDAQ:NISN
|
-0.250x |
|
LiqTech International Inc
NASDAQ:LIQT
|
-0.205x |
|
Tourn International AB
ST:TOURN
|
0.052x |
|
DTI Group Ltd
AU:DTI
|
-0.075x |
|
SUPERNOVA METALS CORP.
F:A1S
|
N/A |
|
Evolva Holding SA
SW:EVE
|
-0.074x |
|
Hwa Tai Industries Bhd
KLSE:8478
|
-0.010x |
|
Academies Australasia Group Ltd
AU:AKG
|
-0.087x |
Annual Cash Flow Conversion Efficiency for Nexalin Technology Inc. (2019–2025)
The table below shows the annual cash flow conversion efficiency of Nexalin Technology Inc. from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see NXL market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $3.75 Million | $-4.96 Million | -1.323x | -23.28% |
| 2024-12-31 | $3.68 Million | $-3.94 Million | -1.073x | +10.29% |
| 2023-12-31 | $3.21 Million | $-3.84 Million | -1.196x | -195.75% |
| 2022-12-31 | $5.48 Million | $-2.22 Million | -0.404x | -163.17% |
| 2021-12-31 | $-1.68 Million | $-1.08 Million | 0.640x | +17.91% |
| 2020-12-31 | $-1.59 Million | $-863.47K | 0.543x | -5.60% |
| 2019-12-31 | $-1.18 Million | $-678.34K | 0.575x | -- |
About Nexalin Technology Inc.
Nexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health epidemic in the United States and China. The company offers Generation 1, an easy-to-administer medical device which utilizes bioelectronic medical technology to treat anxiety, insomnia, and depression without the need for drugs or psychotherapy; and Generation 2 a… Read more