Nano Property Plant Equipment vs Cash Analysis

NANO Stock   1.63  0.02  1.21%   
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 Equipment and its Cash 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.

Property Plant Equipment vs Cash

Property Plant Equipment vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nano One Materials Property Plant Equipment account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nano One's Property Plant Equipment and Cash is 0.79. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash 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 Equipment and Cash 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 Equipment of Nano One Materials are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant Equipment i.e., Nano One's Property Plant Equipment and Cash go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Cash

Cash refers to the most liquid asset of Nano One Materials, which is listed under current asset account on Nano One Materials balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nano One customers. The amounts must be unrestricted with restricted cash listed in a different Nano One account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 8th 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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Other 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.