Nano Price To Sales Ratio vs Invested Capital Analysis

NANO Stock   1.89  0.02  1.05%   
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 Price To Sales Ratio and its Invested Capital 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Price To Sales Ratio vs Invested Capital

Price To Sales Ratio vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nano One Materials Price To Sales Ratio account and Invested Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Nano One's Price To Sales Ratio and Invested Capital is 0.19. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Invested Capital 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 Price To Sales Ratio and Invested 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 Price To Sales Ratio of Nano One Materials are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Price To Sales Ratio i.e., Nano One's Price To Sales Ratio and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Nano One Materials stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nano One sales, a figure that is much harder to manipulate than other Nano One Materials multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Nano One Materials. There are two different methods for calculating Nano One Materials invested capital: operating approach and financing approach. Understanding Nano One invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.
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 tightly coupled 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 18th of May 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 Expenses11.3M16.7M19.2M20.1M
Depreciation And Amortization949.9K2.0M2.3M2.5M

Nano One fundamental ratios Correlations

0.850.790.840.72-0.81-0.770.670.80.720.610.840.68-0.370.80.810.37-0.140.180.820.85-0.040.820.570.80.74
0.850.821.00.8-0.97-0.880.780.970.810.70.990.77-0.170.850.980.43-0.19-0.270.970.84-0.410.990.80.990.96
0.790.820.80.95-0.7-0.960.960.680.960.50.810.91-0.321.00.70.1-0.17-0.20.910.75-0.350.880.590.870.68
0.841.00.80.78-0.98-0.860.750.980.780.710.990.74-0.160.820.980.45-0.19-0.270.970.83-0.410.980.80.980.97
0.720.80.950.78-0.65-0.960.970.631.00.340.750.99-0.360.940.650.2-0.32-0.350.90.67-0.480.850.620.860.68
-0.81-0.97-0.7-0.98-0.650.77-0.64-1.0-0.66-0.77-0.98-0.610.08-0.73-1.0-0.440.140.23-0.91-0.820.36-0.94-0.8-0.94-0.97
-0.77-0.88-0.96-0.86-0.960.77-0.96-0.75-0.96-0.48-0.86-0.930.29-0.97-0.77-0.160.320.34-0.96-0.790.45-0.93-0.66-0.93-0.77
0.670.780.960.750.97-0.64-0.960.610.970.350.760.95-0.320.960.630.04-0.34-0.410.890.61-0.540.850.60.860.65
0.80.970.680.980.63-1.0-0.750.610.640.770.980.59-0.070.711.00.46-0.13-0.220.90.8-0.350.940.790.930.97
0.720.810.960.781.0-0.66-0.960.970.640.350.760.99-0.350.950.660.2-0.31-0.350.90.68-0.480.860.620.860.68
0.610.70.50.710.34-0.77-0.480.350.770.350.740.28-0.020.530.770.310.40.140.620.670.10.660.610.650.73
0.840.990.810.990.75-0.98-0.860.760.980.760.740.71-0.130.840.980.35-0.17-0.260.960.82-0.390.980.790.980.95
0.680.770.910.740.99-0.61-0.930.950.590.990.280.71-0.380.90.610.27-0.37-0.370.870.64-0.50.820.590.820.66
-0.37-0.17-0.32-0.16-0.360.080.29-0.32-0.07-0.35-0.02-0.13-0.38-0.3-0.09-0.180.27-0.18-0.21-0.2-0.01-0.18-0.12-0.18-0.1
0.80.851.00.820.94-0.73-0.970.960.710.950.530.840.9-0.30.730.1-0.17-0.210.930.76-0.360.90.620.90.71
0.810.980.70.980.65-1.0-0.770.631.00.660.770.980.61-0.090.730.47-0.13-0.220.910.81-0.350.940.790.940.97
0.370.430.10.450.2-0.44-0.160.040.460.20.310.350.27-0.180.10.47-0.080.050.320.42-0.120.330.30.330.52
-0.14-0.19-0.17-0.19-0.320.140.32-0.34-0.13-0.310.4-0.17-0.370.27-0.17-0.13-0.080.48-0.25-0.090.57-0.23-0.15-0.24-0.18
0.18-0.27-0.2-0.27-0.350.230.34-0.41-0.22-0.350.14-0.26-0.37-0.18-0.21-0.220.050.48-0.340.010.87-0.34-0.34-0.37-0.33
0.820.970.910.970.9-0.91-0.960.890.90.90.620.960.87-0.210.930.910.32-0.25-0.340.83-0.450.990.760.990.9
0.850.840.750.830.67-0.82-0.790.610.80.680.670.820.64-0.20.760.810.42-0.090.010.83-0.070.810.60.790.82
-0.04-0.41-0.35-0.41-0.480.360.45-0.54-0.35-0.480.1-0.39-0.5-0.01-0.36-0.35-0.120.570.87-0.45-0.07-0.47-0.44-0.5-0.45
0.820.990.880.980.85-0.94-0.930.850.940.860.660.980.82-0.180.90.940.33-0.23-0.340.990.81-0.470.81.00.93
0.570.80.590.80.62-0.8-0.660.60.790.620.610.790.59-0.120.620.790.3-0.15-0.340.760.6-0.440.80.80.87
0.80.990.870.980.86-0.94-0.930.860.930.860.650.980.82-0.180.90.940.33-0.24-0.370.990.79-0.51.00.80.93
0.740.960.680.970.68-0.97-0.770.650.970.680.730.950.66-0.10.710.970.52-0.18-0.330.90.82-0.450.930.870.93
Click cells to compare fundamentals

Nano One Account Relationship Matchups

Nano One fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding66.6M79.1M93.9M98.2M111.3M116.8M
Total Assets2.9M31.0M55.4M56.1M53.0M55.6M
Total Current Liabilities912.8K1.4M946.7K2.0M4.1M4.4M
Total Stockholder Equity1.9M28.9M53.8M53.4M47.5M49.9M
Property Plant And Equipment Net768.0K1.5M1.8M13.3M18.4M19.3M
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 Payable134.7K529.4K784.0K1.9M3.7M3.9M
Cash1.7M27.8M52.7M39.4M31.9M33.5M
Non Current Assets Total813.6K1.8M2.0M13.4M18.7M19.6M
Cash And Short Term Investments1.9M28.8M52.7M39.4M45.4M47.6M
Liabilities And Stockholders Equity2.9M31.0M55.4M56.1M64.5M67.7M
Other Current Assets71.0K44.3K(22.6K)1.4M1.6M1.7M
Other Stockholder Equity3.2M4.7M9.0M171K153.9K146.2K
Total Liab1.1M2.1M1.6M2.6M5.5M5.8M
Total Current Assets2.1M29.2M53.3M42.6M34.3M36.0M
Accumulated Other Comprehensive Income3.2M4.7M9.0M10.2M11.7M12.3M
Net Receivables347.5K147.7K362.0K411.5K1.5M0.0
Common Stock20.1M50.7M82.6M96.7M111.2M116.8M
Intangible Assets24.3K22.7K25.7K31.7K37.9K19.8K
Cash And Equivalents315.9K1.7M27.8M52.7M60.6M63.6M
Short Term Debt101.7K88.8K143.7K186.8K214.8K225.6K
Property Plant Equipment727.8K768.0K1.5M1.8M2.1M1.4M
Net Tangible Assets4.1M1.8M28.9M53.7M61.8M64.9M
Non Current Liabilities Total151.7K621.2K656.2K587.1K1.3M1.4M
Net Invested Capital1.9M28.9M53.8M53.4M47.5M30.8M
Net Working Capital1.2M27.7M52.4M40.6M30.1M25.2M
Capital Stock20.1M50.7M82.6M96.7M125.0M72.2M

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 Architect
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Nano Stock analysis

When running Nano One's price analysis, check to measure Nano One'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 Nano One is operating at the current time. Most of Nano One's value examination focuses on studying past and present price action to predict the probability of Nano One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano One's price. Additionally, you may evaluate how the addition of Nano One to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Stocks Directory
Find actively traded stocks across global markets
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Transaction History
View history of all your transactions and understand their impact on performance
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Please note, there is a significant difference between Nano One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano One'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.