Nano Accounts Payable vs Total Assets Analysis
NNDM Stock | USD 2.10 0.05 2.33% |
Nano Dimension financial indicator trend analysis is infinitely more than just investigating Nano Dimension recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nano Dimension is a good investment. Please check the relationship between Nano Dimension Accounts Payable and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano Dimension. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Nano Stock, please use our How to Invest in Nano Dimension guide.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nano Dimension Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nano Dimension's Accounts Payable and Total Assets is 0.88. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Nano Dimension, assuming nothing else is changed. The correlation between historical values of Nano Dimension's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Nano Dimension are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Nano Dimension's Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Nano Dimension obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Nano Dimension are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Assets
Total assets refers to the total amount of Nano Dimension assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nano Dimension books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Nano Dimension's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nano Dimension 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 Dimension. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Nano Stock, please use our How to Invest in Nano Dimension guide.At this time, Nano Dimension's Selling General Administrative is very stable compared to the past year. As of the 12th of November 2024, Tax Provision is likely to grow to about 65.1 K, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 428K | 79.5M | 477K | 453.2K | Depreciation And Amortization | 9.9M | 7.3M | 6.5M | 6.9M |
Nano Dimension fundamental ratios Correlations
Click cells to compare fundamentals
Nano Dimension Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nano Dimension fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 175.6M | 42.9M | 248.1M | 257.9M | 248.1M | 260.5M | |
Total Assets | 22.9M | 689.3M | 1.4B | 1.2B | 1.1B | 1.1B | |
Other Current Liab | 1.3M | 3.6M | 23.6M | 24.6M | 21.2M | 22.2M | |
Total Current Liabilities | 4.4M | 6.7M | 32.0M | 37.0M | 34.5M | 36.2M | |
Total Stockholder Equity | 11.6M | 667.1M | 1.3B | 1.1B | 1.0B | 1.1B | |
Net Tangible Assets | 11.6M | 667.1M | 1.3B | 1.1B | 1.3B | 1.4B | |
Property Plant And Equipment Net | 7.4M | 8.3M | 12.2M | 22.4M | 28.8M | 30.2M | |
Net Debt | (1.8M) | (582.7M) | (850.3M) | (667.4M) | (295.8M) | (310.5M) | |
Retained Earnings | (60.0M) | (108.5M) | (309.2M) | (536.7M) | (591.2M) | (561.6M) | |
Accounts Payable | 850K | 776K | 2.8M | 3.7M | 4.7M | 4.9M | |
Cash | 3.9M | 585.3M | 853.6M | 685.4M | 309.6M | 246.9M | |
Non Current Assets Total | 13.0M | 13.1M | 78.1M | 139.1M | 170.4M | 178.9M | |
Other Assets | 5.6M | 4.8M | 1.5M | 1.8M | 2.0M | 3.0M | |
Cash And Short Term Investments | 3.9M | 670.9M | 1.3B | 1.0B | 851.5M | 894.1M | |
Net Receivables | 2.4M | 1.8M | 9.3M | 12.8M | 22.2M | 23.3M | |
Common Stock Total Equity | 1.9M | 3.3M | 6.4M | 257.2M | 295.8M | 310.6M | |
Liabilities And Stockholders Equity | 22.9M | 689.3M | 1.4B | 1.2B | 1.1B | 1.1B | |
Inventory | 3.5M | 3.3M | 11.2M | 19.4M | 18.4M | 19.3M | |
Other Current Assets | 31K | 62K | 148K | 359.6M | 1.8M | 1.7M | |
Other Stockholder Equity | 63.7M | 516.9M | 1.3B | 1.3B | 1.2B | 1.3B | |
Total Liab | 11.3M | 22.1M | 45.7M | 53.2M | 48.6M | 51.0M | |
Property Plant And Equipment Gross | 7.4M | 8.3M | 12.2M | 22.4M | 54.2M | 56.9M | |
Total Current Assets | 9.9M | 676.1M | 1.3B | 1.1B | 894.0M | 938.7M | |
Short Term Debt | 1.1M | 1.1M | 2.1M | 4.8M | 4.5M | 4.7M | |
Common Stock | 6.4M | 257.2M | 386.7M | 388.4M | 400.7M | 420.7M | |
Property Plant Equipment | 7.4M | 8.3M | 12.2M | 22.4M | 25.7M | 27.0M | |
Other Liab | 3.5M | 12.8M | 9.3M | 3.0M | 3.5M | 4.0M | |
Current Deferred Revenue | 1.2M | 1.2M | 3.4M | 3.8M | 4.1M | 4.3M | |
Non Current Liabilities Total | 6.8M | 15.5M | 13.7M | 16.1M | 14.1M | 7.7M | |
Non Currrent Assets Other | 377K | 406K | 501K | 1.7M | 881K | 467.3K | |
Deferred Long Term Liab | 6.8M | 6.0M | 5.2M | 4.4M | 4.0M | 5.4M | |
Intangible Assets | 6.0M | 5.2M | 4.4M | 2.2M | 2.0M | 1.9M | |
Non Current Liabilities Other | 1.1M | 1.1M | 1.0M | 1.1M | 1.3M | 1.2M | |
Net Invested Capital | 11.6M | 667.1M | 1.3B | 1.2B | 1.0B | 663.4M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano Dimension. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Nano Stock, please use our How to Invest in Nano Dimension guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Technology Hardware, Storage & Peripherals space 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 Nano Dimension. If investors know Nano 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 Nano Dimension listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.62) | Revenue Per Share 0.24 | Quarterly Revenue Growth 0.017 | Return On Assets (0.06) | Return On Equity (0.15) |
The market value of Nano Dimension is measured differently than its book value, which is the value of Nano that is recorded on the company's balance sheet. Investors also form their own opinion of Nano Dimension's value that differs from its market value or its book value, called intrinsic value, which is Nano Dimension'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 Nano Dimension's market value can be influenced by many factors that don't directly affect Nano Dimension'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 Nano Dimension's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Dimension is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Dimension'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.