Danimer Total Assets from 2010 to 2024

DNMR Stock  USD 4.74  0.46  8.85%   
Danimer Scientific Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 646.7 M. Total Assets is 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. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
698.1 M
Current Value
646.7 M
Quarterly Volatility
271.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Danimer Scientific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Danimer Scientific's main balance sheet or income statement drivers, such as Interest Expense of 135.5 M, Income Tax Expense of 334.9 K or Tax Provision of 287.7 K, as well as many indicators such as Price To Sales Ratio of 84.69, Dividend Yield of 0.0 or PTB Ratio of 14.22. Danimer financial statements analysis is a perfect complement when working with Danimer Scientific Valuation or Volatility modules.
  
Check out the analysis of Danimer Scientific Correlation against competitors.
To learn how to invest in Danimer Stock, please use our How to Invest in Danimer Scientific guide.

Latest Danimer Scientific's Total Assets Growth Pattern

Below is the plot of the Total Assets of Danimer Scientific over the last few years. Total assets refers to the total amount of Danimer Scientific 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 Danimer Scientific 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. It is 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. Danimer Scientific's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Danimer Scientific's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 698.13 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Danimer Total Assets Regression Statistics

Arithmetic Mean325,845,256
Geometric Mean242,441,172
Coefficient Of Variation83.28
Mean Deviation241,696,341
Median144,573,000
Standard Deviation271,367,940
Sample Variance73640.6T
Range694M
R-Value0.80
Mean Square Error28072.3T
R-Squared0.65
Significance0.0003
Slope48,771,610
Total Sum of Squares1030967.8T

Danimer Total Assets History

2024646.7 M
2023698.1 M
2022712.3 M
2021838.6 M
2020546.2 M

Other Fundumenentals of Danimer Scientific

Danimer Scientific Total Assets component correlations

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0.97-0.810.750.90.730.90.980.92-0.970.220.870.90.98-0.391.00.76-0.050.910.920.91-0.47
0.8-0.970.560.870.480.90.890.77-0.910.590.920.940.89-0.640.920.5-0.30.920.910.96-0.74
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-0.150.59-0.25-0.670.15-0.39-0.64-0.42-0.190.48-0.83-0.76-0.74-0.41-0.410.130.92-0.72-0.7-0.70.44
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0.20.280.0-0.390.47-0.05-0.3-0.060.170.14-0.77-0.51-0.47-0.060.92-0.050.45-0.44-0.43-0.410.17
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-0.40.82-0.01-0.36-0.21-0.47-0.74-0.48-0.380.46-0.64-0.55-0.55-0.480.44-0.53-0.20.17-0.46-0.45-0.6
Click cells to compare fundamentals

About Danimer Scientific Financial Statements

Danimer Scientific shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Danimer Scientific investors may analyze each financial statement separately, they are all interrelated. The changes in Danimer Scientific's assets and liabilities, for example, are also reflected in the revenues and expenses on on Danimer Scientific's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets698.1 M646.7 M
Intangibles To Total Assets 0.11  0.06 

Pair Trading with Danimer Scientific

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danimer Scientific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danimer Scientific will appreciate offsetting losses from the drop in the long position's value.

Moving against Danimer Stock

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The ability to find closely correlated positions to Danimer Scientific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danimer Scientific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danimer Scientific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danimer Scientific to buy it.
The correlation of Danimer Scientific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danimer Scientific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danimer Scientific moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danimer Scientific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Danimer Stock Analysis

When running Danimer Scientific's price analysis, check to measure Danimer Scientific'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 Danimer Scientific is operating at the current time. Most of Danimer Scientific's value examination focuses on studying past and present price action to predict the probability of Danimer Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danimer Scientific's price. Additionally, you may evaluate how the addition of Danimer Scientific to your portfolios can decrease your overall portfolio volatility.