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-134.84%Return on Assets
VS
Market
4
Sector
14
Industry
13
History
45
$ 1.28Close
$ 0.64 - $ 4.36 52-Week Range
Ticker Information

Ticker

NXL

Company Name

NEXALIN TECHNOLOGY INC

Sector

Healthcare

Industry

Medical Devices

Exchange

NASDAQ

NEXALIN TECHNOLOGY INC - Return on Assets Chart Analysis (TTM)

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NXL - ROA Historical data
DateTotal AssetsNet Income Common StockReturn on Assets
6/30/2025$ 6.56M$ -8.85M-134.84%
3/31/2025$ 2.9M$ -8.55M-294.97%
12/31/2024$ 4.22M$ -7.61M-180.15%
9/30/2024$ 5.26M$ -5.55M-105.66%
6/30/2024$ 1.56M$ -5.4M-345.69%
3/31/2024$ 2.83M$ -4.94M-174.35%
12/31/2023$ 3.63M$ -4.65M-128%
9/30/2023$ 4.43M$ -4.6M-103.7%
6/30/2023$ 5.18M$ -2.44M-47.07%
3/31/2023$ 5.93M$ -2.05M-34.62%
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Key Performance Insights, Last 5 Years

  • NEXALIN TECHNOLOGY INC's latest trailing twelve months (TTM) ROA stands at -806.42%.
  • Over the past 5 years, NEXALIN TECHNOLOGY INC's average ROA has been -198.19%.
  • The median ROA for NEXALIN TECHNOLOGY INC during this period was -131.42%
  • NEXALIN TECHNOLOGY INC reached its highest ROA over the past 5 years at -22.84%.
  • The lowest ROA recorded by NEXALIN TECHNOLOGY INC in the same timeframe -806.42%

NEXALIN TECHNOLOGY INC's ROA vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

ROA Benchmarks
CompanyROA
AIMD : AINOS INC -65.73%PFSA : PROFUSA INC -964.38%ADGM : ADAGIO MEDICAL HOLDINGS INC -182.36%ABP : ABPRO HOLDINGS INC -645.31%COCH : ENVOY MEDICAL INC -284.89%HCWB : HCW BIOLOGICS INC -74.56%SABS : SAB BIOTHERAPEUTICS INC -122.99%HSDT : HELIUS MEDICAL TECHNOLOGIES INC -269.67%HSCS : HEARTSCIENCES INC -136.22%AIM : AIM IMMUNOTECH INC -391.52%

Definition of Return on Assets

[Calculation] Return on Assets (ROA) measures net income [NetIncCmn] as percentage of total [Assets]. A high ROA shows an effective allocation of capital by the company.
Net Inc. Cmn. / Assets
(=) ROA
ROA for NEXALIN TECHNOLOGY INC is calculated as follows: Net Inc. Cmn. [ $ -6.08M ] / Assets [ $ 753.7K ]
(=) ROA [ -806.42% ]

NXL - Return on Assets, Last 5 years

-806.42%

Minimum

Dec 31, 2021

-22.84%

Maximum

Dec 31, 2022

-198.19%

Average

-131.42%

Median

ROA Benchmark Analysis

The chart above depicts the distribution of ROA for companies in the Total Stock Market. The average ROA of the companies is 0.12% with a standard deviation of 10.61%.
The following table provides additional summary stats:
ROA in the Market:
filtered constituents3.44K
min-33.4%
max33.98%
average0.12%
median1.53%
std10.61%