Nano Property Plant And Equipment Net vs Other Current Liab Analysis

NANO Stock   1.70  0.04  2.30%   
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 Property Plant And Equipment Net and its Other Current Liab 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.

Property Plant And Equipment Net vs Other Current Liab

Property Plant And Equipment Net vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nano One Materials Property Plant And Equipment Net account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nano One's Property Plant And Equipment Net and Other Current Liab is -0.35. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Liab 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 Property Plant And Equipment Net and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Nano One Materials are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Property Plant And Equipment Net i.e., Nano One's Property Plant And Equipment Net and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Liab

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 1st 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 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

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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.