Nexalin Technology Inc. (NXL) — Working Capital to Net Assets Ratio
Nexalin Technology Inc. (NXL) has a Working Capital to Net Assets ratio of 86.0% as of March 2026. Working capital of $2.48 Million (current assets of $3.29 Million minus current liabilities of $808.36K) is measured against net assets of $2.89 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NXL equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nexalin Technology Inc. Working Capital to Net Assets (2019–2025)
This chart shows how Nexalin Technology Inc.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 86.0%, reflecting working capital of $2.48 Million against net assets of $2.89 Million USD. Check Nexalin Technology Inc. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nexalin Technology Inc. (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nexalin Technology Inc. from 2019 to 2025, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Nexalin Technology Inc. market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 91.0% | $3.41 Million | $3.75 Million | $4.30 Million | $887.33K | ▼ -1.9 pp |
| 2024 | 92.9% | $3.41 Million | $3.68 Million | $3.96 Million | $546.69K | ▼ -0.8 pp |
| 2023 | 93.7% | $3.00 Million | $3.21 Million | $3.43 Million | $425.28K | ▼ -6.3 pp |
| 2022 | 100.0% | $5.48 Million | $5.48 Million | $7.43 Million | $1.95 Million | ▲ +4.2 pp |
| 2021 | 95.8% | $-1.61 Million | $-1.68 Million | $752.66K | $2.36 Million | ▲ +4.6 pp |
| 2020 | 91.2% | $-1.45 Million | $-1.59 Million | $116.89K | $1.57 Million | ▲ +12.2 pp |
| 2019 | 78.9% | $-930.73K | $-1.18 Million | $111.15K | $1.04 Million | — |