Nano Net Debt vs Non Current Assets Total Analysis
NANO Stock | 3.44 1.88 120.51% |
Nano One financial indicator trend analysis is infinitely more than just investigating Nano One Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nano One Materials is a good investment. Please check the relationship between Nano One Net Debt and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano One Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Debt vs Non Current Assets Total
Net Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nano One Materials Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nano One's Net Debt and Non Current Assets Total is -0.66. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Nano One Materials, assuming nothing else is changed. The correlation between historical values of Nano One's Net Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Nano One Materials are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., Nano One's Net Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Nano One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nano One Materials 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano One Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Nano One's Selling General Administrative is very stable compared to the past year. As of the 16th of June 2024, Enterprise Value is likely to grow to about 233.6 M, while Issuance Of Capital Stock is likely to drop about 19.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 11.3M | 16.7M | 19.2M | 20.1M | Depreciation And Amortization | 949.9K | 2.0M | 2.3M | 2.5M |
Nano One fundamental ratios Correlations
Click cells to compare fundamentals
Nano One Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nano One fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 66.6M | 79.1M | 93.9M | 98.2M | 111.3M | 116.8M | |
Total Assets | 2.9M | 31.0M | 55.4M | 56.1M | 53.0M | 55.6M | |
Total Current Liabilities | 912.8K | 1.4M | 946.7K | 2.0M | 4.1M | 4.4M | |
Total Stockholder Equity | 1.9M | 28.9M | 53.8M | 53.4M | 47.5M | 49.9M | |
Property Plant And Equipment Net | 768.0K | 1.5M | 1.8M | 13.3M | 18.4M | 19.3M | |
Net Debt | (1.5M) | (27.0M) | (51.9M) | (38.7M) | (34.8M) | (33.1M) | |
Retained Earnings | (21.4M) | (26.6M) | (37.8M) | (53.6M) | (84.7M) | (80.5M) | |
Accounts Payable | 134.7K | 529.4K | 784.0K | 1.9M | 3.7M | 3.9M | |
Cash | 1.7M | 27.8M | 52.7M | 39.4M | 31.9M | 33.5M | |
Non Current Assets Total | 813.6K | 1.8M | 2.0M | 13.4M | 18.7M | 19.6M | |
Cash And Short Term Investments | 1.9M | 28.8M | 52.7M | 39.4M | 45.4M | 47.6M | |
Liabilities And Stockholders Equity | 2.9M | 31.0M | 55.4M | 56.1M | 64.5M | 67.7M | |
Other Current Assets | 71.0K | 44.3K | (22.6K) | 1.4M | 1.6M | 1.7M | |
Other Stockholder Equity | 3.2M | 4.7M | 9.0M | 171K | 153.9K | 146.2K | |
Total Liab | 1.1M | 2.1M | 1.6M | 2.6M | 5.5M | 5.8M | |
Total Current Assets | 2.1M | 29.2M | 53.3M | 42.6M | 34.3M | 36.0M | |
Accumulated Other Comprehensive Income | 3.2M | 4.7M | 9.0M | 10.2M | 11.7M | 12.3M | |
Net Receivables | 347.5K | 147.7K | 362.0K | 411.5K | 1.5M | 0.0 | |
Common Stock | 20.1M | 50.7M | 82.6M | 96.7M | 111.2M | 116.8M | |
Intangible Assets | 24.3K | 22.7K | 25.7K | 31.7K | 37.9K | 19.8K | |
Cash And Equivalents | 315.9K | 1.7M | 27.8M | 52.7M | 60.6M | 63.6M | |
Short Term Debt | 101.7K | 88.8K | 143.7K | 186.8K | 214.8K | 225.6K | |
Property Plant Equipment | 727.8K | 768.0K | 1.5M | 1.8M | 2.1M | 1.4M | |
Net Tangible Assets | 4.1M | 1.8M | 28.9M | 53.7M | 61.8M | 64.9M | |
Non Current Liabilities Total | 151.7K | 621.2K | 656.2K | 587.1K | 1.3M | 1.4M | |
Net Invested Capital | 1.9M | 28.9M | 53.8M | 53.4M | 47.5M | 30.8M | |
Net Working Capital | 1.2M | 27.7M | 52.4M | 40.6M | 30.1M | 25.2M | |
Capital Stock | 20.1M | 50.7M | 82.6M | 96.7M | 125.0M | 72.2M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Nano Stock
Balance Sheet is a snapshot of the financial position of Nano One Materials at a specified time, usually calculated after every quarter, six months, or one year. Nano One Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nano One and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nano currently owns. An asset can also be divided into two categories, current and non-current.