Nexalin Technology Inc. Working Capital to Net Assets Ratio
Nexalin Technology Inc. working capital to net assets ratio. Nexalin Technology Inc. (NXL) has a Working Capital to Net Assets ratio of 24.8% as of June 2026. Working capital of $377.35K (current assets of $1.86 Million minus current liabilities of $1.48 Million) is measured against net assets of $1.52 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NXL goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Nexalin Technology Inc. (2019–2025)
Working capital to net assets ratio of Nexalin Technology Inc. from 2019 to 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 June 2026, the ratio stands at 24.8%, reflecting working capital of $377.35K against net assets of $1.52 Million USD. See NXL days of operational coverage to measure how many days the company can operate on defensive assets alone.
Nexalin Technology Inc. Working Capital to Net Assets Ratio by Year (2019–2025)
Nexalin Technology Inc. working capital to net assets ratio by year from 2019 to 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 the complete balance sheet picture, see balance sheet size of Nexalin Technology Inc..
| 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 | — |