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NXLNexalin Technology, Inc.
$0.37$7M
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Nexalin Technology, Inc. (NXL) Quarterly Financial Ratios

Last 18 quarters of trend data · Healthcare · Medical - Devices

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →-0.44————————————
—————————————
P/S Ratio39.67224.8154.99158.17233.9650.34118.0233.0836.6533.8245.8047.6935.51
—+346.5%-53.4%+378.1%+538.4%+48.9%+157.7%-30.6%+3.2%+1217.0%———
P/B Ratio0.923.422.6011.166.921.469.384.470.941.011.631.231.00
—+133.9%-72.2%+149.4%+637.1%+45.2%+475.1%+263.4%-5.8%+14.3%———
P/FCF—————————————
—————————————
EV / EBITDA—————————————
—————————————
EV / EBIT—————————————
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Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Nexalin Technology, Inc.'s operating margin was -12924.3% in Q3 2025, down 10628.1 pp QoQ and down 5962.2 pp YoY. The trailing four-quarter average of -7675.9% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 3814.3% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin78.3%-2405.7%67.6%66.9%72.4%64.8%73.0%88.4%74.5%83.5%73.6%76.7%82.1%
—-3814.3%-7.3%-24.2%-2.8%-22.5%-0.8%+15.2%-9.3%+27.2%+4.7%-10.5%-21.2%
Operating Margin-4596.1%-12924.3%-2296.2%-4903.6%-10579.5%-6962.1%-4832.4%-1364.8%-7910.4%-10017.6%-2467.2%-2550.5%-1872.8%
—-85.6%+52.5%-259.3%-33.7%+30.5%-95.9%+46.5%-322.4%-18532.1%-2196.4%-2098.3%+22.2%
Net Margin-4508.7%-12542.3%-2239.7%-4847.8%-10424.5%-6794.9%-4785.7%-1323.4%-3801.5%-9526.8%-2314.1%-2449.0%-1899.0%
—-84.6%+53.2%-266.3%-174.2%+28.7%-106.8%+46.0%-100.2%-38268.7%-1973.3%-1913.5%+23.5%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE-221.1%-42.4%-38.1%-66.3%-65.6%-77.6%-69.8%-37.6%-24.2%-63.5%-18.8%-14.7%-12.3%
—+45.3%+45.4%-76.1%-170.8%-22.1%-270.6%-156.8%-96.5%-865.5%———
ROA-193.7%-38.9%-33.4%-55.8%-59.8%-71.8%-58.4%-32.2%-19.4%-47.8%-14.8%-11.2%-9.2%
—+45.8%+42.8%-73.4%-208.8%-50.2%-294.5%-187.5%-109.4%-1472.9%+80.5%+79.8%+92.7%
ROIC-202.9%-36.2%-33.6%-62.8%-54.1%-70.0%-85.2%-36.5%-40.5%-47.1%-14.0%-10.5%-20.3%
—+48.2%+60.6%-72.0%-33.6%-48.4%-508.7%-248.9%-99.7%————

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

The current ratio has weakened 17.8% YoY to 13.47x, tightening the short-term liquidity position.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity————————0.000.160.130.110.14
————————-99.0%+32.5%———
Debt / EBITDA—————————————
—————————————
Current Ratio7.2513.4710.444.567.2516.395.575.058.073.564.324.923.81
—-17.8%+87.3%-9.8%-10.2%+360.3%+28.9%+2.8%+111.7%-15.5%+2087.3%+1837.1%+1096.5%
Quick Ratio6.9313.0310.154.256.9315.864.894.757.703.434.194.783.73
—-17.9%+107.6%-10.4%-10.0%+362.6%+16.8%-0.7%+106.3%-17.1%+2643.2%+2043.8%+1122.6%
Interest Coverage————————-84.83-453.20-158.91-88.20-53.32
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 18 years · Updated daily

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NXL — Frequently Asked Questions

Quick answers to the most common questions about buying NXL stock.

What is Nexalin Technology, Inc.'s quarterly P/E ratio trend?

Nexalin Technology, Inc.'s current P/E is -0.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Nexalin Technology, Inc.'s margins change by quarter?

Nexalin Technology, Inc.'s current operating margin is -4596.1%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at NXL quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Nexalin Technology, Inc.'s business trajectory between earnings reports.