Danimer Current Deferred Revenue vs Net Working Capital Analysis

DNMR Stock  USD 0.80  0.01  1.23%   
Danimer Scientific financial indicator trend analysis is much more than just examining Danimer Scientific latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Danimer Scientific is a good investment. Please check the relationship between Danimer Scientific Current Deferred Revenue and its Net Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danimer Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Danimer Stock, please use our How to Invest in Danimer Scientific guide.

Current Deferred Revenue vs Net Working Capital

Current Deferred Revenue vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danimer Scientific Current Deferred Revenue account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Danimer Scientific's Current Deferred Revenue and Net Working Capital is -0.75. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Danimer Scientific, assuming nothing else is changed. The correlation between historical values of Danimer Scientific's Current Deferred Revenue and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Danimer Scientific are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Current Deferred Revenue i.e., Danimer Scientific's Current Deferred Revenue and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Net Working Capital

Most indicators from Danimer Scientific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Danimer Scientific current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danimer Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Danimer Stock, please use our How to Invest in Danimer Scientific guide.At this time, Danimer Scientific's Tax Provision is relatively stable compared to the past year. As of 04/27/2024, Enterprise Value is likely to grow to about 817.1 M, while Selling General Administrative is likely to drop slightly above 59.1 M.
 2023 2024 (projected)
Depreciation And Amortization29.1M41.9M
Interest Income399.1K377.9K

Danimer Scientific fundamental ratios Correlations

0.730.320.070.74-0.710.40.30.660.340.150.450.170.540.880.15-0.41-0.390.670.22-0.110.160.670.330.320.16
0.730.66-0.150.83-0.90.40.510.880.560.320.610.210.770.360.3-0.57-0.50.880.3-0.420.170.880.560.60.18
0.320.66-0.720.74-0.80.790.90.830.970.80.950.760.940.080.82-0.920.020.740.81-0.90.730.740.970.970.74
0.07-0.15-0.72-0.340.45-0.73-0.81-0.33-0.81-0.97-0.78-0.9-0.620.23-0.890.79-0.69-0.12-0.880.92-0.88-0.12-0.82-0.81-0.89
0.740.830.74-0.34-0.780.790.80.770.750.560.810.560.850.540.64-0.82-0.160.730.66-0.610.550.730.740.750.54
-0.71-0.9-0.80.45-0.78-0.58-0.65-0.95-0.74-0.59-0.81-0.46-0.9-0.36-0.50.740.24-0.87-0.520.64-0.42-0.87-0.75-0.78-0.43
0.40.40.79-0.730.79-0.580.950.550.90.870.920.910.820.350.94-0.960.380.410.96-0.850.90.410.90.880.89
0.30.510.9-0.810.8-0.650.950.620.960.910.950.910.870.130.97-0.980.330.470.96-0.940.890.470.960.960.88
0.660.880.83-0.330.77-0.950.550.620.730.480.780.380.920.360.45-0.72-0.410.970.46-0.60.330.970.730.770.34
0.340.560.97-0.810.75-0.740.90.960.730.90.980.890.920.150.93-0.970.220.610.93-0.940.870.611.00.990.87
0.150.320.8-0.970.56-0.590.870.910.480.90.90.940.77-0.010.95-0.910.590.270.95-0.960.920.270.910.90.93
0.450.610.95-0.780.81-0.810.920.950.780.980.90.870.960.260.9-0.990.20.650.91-0.920.840.650.990.990.84
0.170.210.76-0.90.56-0.460.910.910.380.890.940.870.680.120.98-0.880.60.210.99-0.881.00.210.90.851.0
0.540.770.94-0.620.85-0.90.820.870.920.920.770.960.680.280.76-0.94-0.060.810.76-0.850.650.810.920.950.65
0.880.360.080.230.54-0.360.350.130.360.15-0.010.260.120.280.06-0.24-0.280.40.140.110.130.40.140.10.13
0.150.30.82-0.890.64-0.50.940.970.450.930.950.90.980.760.06-0.940.540.281.0-0.940.970.280.930.910.96
-0.41-0.57-0.920.79-0.820.74-0.96-0.98-0.72-0.97-0.91-0.99-0.88-0.94-0.24-0.94-0.26-0.58-0.940.94-0.86-0.58-0.98-0.98-0.86
-0.39-0.50.02-0.69-0.160.240.380.33-0.410.220.590.20.6-0.06-0.280.54-0.26-0.610.53-0.420.63-0.610.240.20.62
0.670.880.74-0.120.73-0.870.410.470.970.610.270.650.210.810.40.28-0.58-0.610.29-0.420.171.00.60.630.18
0.220.30.81-0.880.66-0.520.960.960.460.930.950.910.990.760.141.0-0.940.530.29-0.920.980.290.930.90.98
-0.11-0.42-0.90.92-0.610.64-0.85-0.94-0.6-0.94-0.96-0.92-0.88-0.850.11-0.940.94-0.42-0.42-0.92-0.86-0.42-0.95-0.96-0.86
0.160.170.73-0.880.55-0.420.90.890.330.870.920.841.00.650.130.97-0.860.630.170.98-0.860.170.870.821.0
0.670.880.74-0.120.73-0.870.410.470.970.610.270.650.210.810.40.28-0.58-0.611.00.29-0.420.170.60.630.18
0.330.560.97-0.820.74-0.750.90.960.731.00.910.990.90.920.140.93-0.980.240.60.93-0.950.870.60.990.88
0.320.60.97-0.810.75-0.780.880.960.770.990.90.990.850.950.10.91-0.980.20.630.9-0.960.820.630.990.83
0.160.180.74-0.890.54-0.430.890.880.340.870.930.841.00.650.130.96-0.860.620.180.98-0.861.00.180.880.83
Click cells to compare fundamentals

Danimer Scientific Account Relationship Matchups

Danimer Scientific fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab9.7M9.2M18.8M4.8M4.7M7.1M
Total Current Liabilities34.3M50.5M43.5M25.3M15.7M24.3M
Net Tangible Assets14.5M437.1M353.0M377.6M434.3M265.6M
Retained Earnings(49.9M)(62.5M)(118.9M)(298.6M)(454.1M)(431.4M)
Accounts Payable8.1M10.6M20.8M15.0M5.3M5.0M
Other Assets30.9M15.8M15.5M33.3M30.0M21.6M
Net Receivables5.5M8.1M24.6M24.3M18.9M16.2M
Inventory7.0M13.6M24.6M32.7M25.3M19.7M
Total Current Assets19.2M402.4M340.4M125.1M108.0M185.7M
Property Plant Equipment92.4M126.2M335.4M453.9M522.0M548.1M

Pair Trading with Danimer Scientific

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danimer Scientific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danimer Scientific will appreciate offsetting losses from the drop in the long position's value.

Moving against Danimer Stock

  0.56CC ChemoursPairCorr
The ability to find closely correlated positions to Danimer Scientific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danimer Scientific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danimer Scientific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danimer Scientific to buy it.
The correlation of Danimer Scientific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danimer Scientific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danimer Scientific moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danimer Scientific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Danimer Scientific is a strong investment it is important to analyze Danimer Scientific's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Danimer Scientific's future performance. For an informed investment choice regarding Danimer Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danimer Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Danimer Stock, please use our How to Invest in Danimer Scientific guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Danimer Scientific's price analysis, check to measure Danimer Scientific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danimer Scientific is operating at the current time. Most of Danimer Scientific's value examination focuses on studying past and present price action to predict the probability of Danimer Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danimer Scientific's price. Additionally, you may evaluate how the addition of Danimer Scientific to your portfolios can decrease your overall portfolio volatility.
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Is Danimer Scientific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danimer Scientific. If investors know Danimer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danimer Scientific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
0.458
Quarterly Revenue Growth
(0.29)
Return On Assets
(0.11)
Return On Equity
(0.47)
The market value of Danimer Scientific is measured differently than its book value, which is the value of Danimer that is recorded on the company's balance sheet. Investors also form their own opinion of Danimer Scientific's value that differs from its market value or its book value, called intrinsic value, which is Danimer Scientific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danimer Scientific's market value can be influenced by many factors that don't directly affect Danimer Scientific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danimer Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danimer Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danimer Scientific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.