Nano Short Term Investments vs Net Receivables 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 Short Term Investments and its Net Receivables 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.

Short Term Investments vs Net Receivables

Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nano Dimension Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nano Dimension's Short Term Investments and Net Receivables is 0.97. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Receivables 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 Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Nano Dimension are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Investments i.e., Nano Dimension's Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Investments

Short Term Investments is an item under the current assets section of Nano Dimension balance sheet. It contains any investments Nano Dimension undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Nano Dimension can easily liquidate in the marketplace.

Net Receivables

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 Expense428K79.5M477K453.2K
Depreciation And Amortization9.9M7.3M6.5M6.9M

Nano Dimension fundamental ratios Correlations

0.890.810.930.940.880.90.89-0.71-0.910.90.70.890.860.870.820.930.420.920.940.790.680.870.30.880.88
0.890.760.970.961.00.990.85-0.91-0.90.880.90.861.00.830.960.90.430.990.980.740.641.00.260.850.99
0.810.760.840.880.750.790.93-0.53-0.940.910.510.930.710.880.750.940.640.830.870.850.660.720.330.980.79
0.930.970.840.990.960.970.89-0.81-0.950.930.790.930.950.890.890.950.490.990.980.790.610.950.320.90.95
0.940.960.880.990.950.970.93-0.77-0.980.960.750.960.930.930.90.980.480.990.990.840.660.940.350.940.95
0.881.00.750.960.950.990.85-0.91-0.90.870.90.861.00.830.960.90.420.990.970.730.641.00.260.840.98
0.90.990.790.970.970.990.9-0.84-0.940.920.820.910.970.90.970.930.360.990.980.830.650.980.350.880.99
0.890.850.930.890.930.850.9-0.59-0.980.980.570.980.810.980.870.980.380.910.940.960.750.820.450.980.89
-0.71-0.91-0.53-0.81-0.77-0.91-0.84-0.590.67-0.62-1.0-0.59-0.94-0.53-0.85-0.68-0.46-0.85-0.83-0.41-0.55-0.94-0.01-0.61-0.86
-0.91-0.9-0.94-0.95-0.98-0.9-0.94-0.980.67-0.98-0.65-0.99-0.86-0.97-0.89-0.99-0.47-0.95-0.96-0.92-0.66-0.87-0.43-0.98-0.93
0.90.880.910.930.960.870.920.98-0.62-0.980.60.980.830.980.850.980.370.930.950.930.730.840.420.970.9
0.70.90.510.790.750.90.820.57-1.0-0.650.60.560.930.50.830.660.480.830.810.390.540.920.00.60.84
0.890.860.930.930.960.860.910.98-0.59-0.990.980.560.810.990.860.980.410.920.940.950.640.820.470.970.9
0.861.00.710.950.931.00.970.81-0.94-0.860.830.930.810.780.950.860.420.970.960.680.631.00.220.80.97
0.870.830.880.890.930.830.90.98-0.53-0.970.980.50.990.780.840.950.270.890.910.980.640.790.520.940.88
0.820.960.750.890.90.960.970.87-0.85-0.890.850.830.860.950.840.870.340.950.940.80.620.950.310.830.99
0.930.90.940.950.980.90.930.98-0.68-0.990.980.660.980.860.950.870.510.950.970.90.690.870.380.980.92
0.420.430.640.490.480.420.360.38-0.46-0.470.370.480.410.420.270.340.510.450.480.160.210.42-0.110.530.4
0.920.990.830.990.990.990.990.91-0.85-0.950.930.830.920.970.890.950.950.450.990.810.660.980.320.910.99
0.940.980.870.980.990.970.980.94-0.83-0.960.950.810.940.960.910.940.970.480.990.830.710.960.320.930.98
0.790.740.850.790.840.730.830.96-0.41-0.920.930.390.950.680.980.80.90.160.810.830.640.690.560.90.81
0.680.640.660.610.660.640.650.75-0.55-0.660.730.540.640.630.640.620.690.210.660.710.640.630.110.750.62
0.871.00.720.950.941.00.980.82-0.94-0.870.840.920.821.00.790.950.870.420.980.960.690.630.230.810.98
0.30.260.330.320.350.260.350.45-0.01-0.430.420.00.470.220.520.310.38-0.110.320.320.560.110.230.360.32
0.880.850.980.90.940.840.880.98-0.61-0.980.970.60.970.80.940.830.980.530.910.930.90.750.810.360.87
0.880.990.790.950.950.980.990.89-0.86-0.930.90.840.90.970.880.990.920.40.990.980.810.620.980.320.87
Click cells to compare fundamentals

Nano Dimension Account Relationship Matchups

Nano Dimension fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding175.6M42.9M248.1M257.9M248.1M260.5M
Total Assets22.9M689.3M1.4B1.2B1.1B1.1B
Other Current Liab1.3M3.6M23.6M24.6M21.2M22.2M
Total Current Liabilities4.4M6.7M32.0M37.0M34.5M36.2M
Total Stockholder Equity11.6M667.1M1.3B1.1B1.0B1.1B
Net Tangible Assets11.6M667.1M1.3B1.1B1.3B1.4B
Property Plant And Equipment Net7.4M8.3M12.2M22.4M28.8M30.2M
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 Payable850K776K2.8M3.7M4.7M4.9M
Cash3.9M585.3M853.6M685.4M309.6M246.9M
Non Current Assets Total13.0M13.1M78.1M139.1M170.4M178.9M
Other Assets5.6M4.8M1.5M1.8M2.0M3.0M
Cash And Short Term Investments3.9M670.9M1.3B1.0B851.5M894.1M
Net Receivables2.4M1.8M9.3M12.8M22.2M23.3M
Common Stock Total Equity1.9M3.3M6.4M257.2M295.8M310.6M
Liabilities And Stockholders Equity22.9M689.3M1.4B1.2B1.1B1.1B
Inventory3.5M3.3M11.2M19.4M18.4M19.3M
Other Current Assets31K62K148K359.6M1.8M1.7M
Other Stockholder Equity63.7M516.9M1.3B1.3B1.2B1.3B
Total Liab11.3M22.1M45.7M53.2M48.6M51.0M
Property Plant And Equipment Gross7.4M8.3M12.2M22.4M54.2M56.9M
Total Current Assets9.9M676.1M1.3B1.1B894.0M938.7M
Short Term Debt1.1M1.1M2.1M4.8M4.5M4.7M
Common Stock6.4M257.2M386.7M388.4M400.7M420.7M
Property Plant Equipment7.4M8.3M12.2M22.4M25.7M27.0M
Other Liab3.5M12.8M9.3M3.0M3.5M4.0M
Current Deferred Revenue1.2M1.2M3.4M3.8M4.1M4.3M
Non Current Liabilities Total6.8M15.5M13.7M16.1M14.1M7.7M
Non Currrent Assets Other377K406K501K1.7M881K467.3K
Deferred Long Term Liab6.8M6.0M5.2M4.4M4.0M5.4M
Intangible Assets6.0M5.2M4.4M2.2M2.0M1.9M
Non Current Liabilities Other1.1M1.1M1.0M1.1M1.3M1.2M
Net Invested Capital11.6M667.1M1.3B1.2B1.0B663.4M

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When determining whether Nano Dimension is a strong investment it is important to analyze Nano Dimension's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nano Dimension's future performance. For an informed investment choice regarding Nano Stock, refer to the following important reports:
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.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.