Nexalin Technology Balance Sheet Health
Financial Health criteria checks 6/6
Nexalin Technology has a total shareholder equity of $3.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.6M and $425.3K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$2.95m |
Equity | US$3.21m |
Total liabilities | US$425.28k |
Total assets | US$3.63m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXL's short term assets ($3.4M) exceed its short term liabilities ($425.3K).
Long Term Liabilities: NXL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NXL is debt free.
Reducing Debt: NXL had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NXL has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NXL is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.