Nano Cash Ratio from 2010 to 2024

NNE Stock   26.02  0.11  0.42%   
Nano Nuclear's Cash Ratio is increasing over the years with slightly volatile fluctuation. Cash Ratio is expected to dwindle to 18.54. During the period from 2010 to 2024 Nano Nuclear Cash Ratio annual values regression line had geometric mean of  17.04 and mean square error of  17.70. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
27.81
Current Value
18.54
Quarterly Volatility
4.90529946
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nano Nuclear financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nano Nuclear's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.3 M, Selling General Administrative of 3.1 M or Selling And Marketing Expenses of 583.8 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 23.11. Nano financial statements analysis is a perfect complement when working with Nano Nuclear Valuation or Volatility modules.
  
Check out the analysis of Nano Nuclear Correlation against competitors.

Latest Nano Nuclear's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Nano Nuclear Energy over the last few years. It is Nano Nuclear's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nano Nuclear's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Nano Cash Ratio Regression Statistics

Arithmetic Mean17.52
Geometric Mean17.04
Coefficient Of Variation28.00
Mean Deviation3.29
Median15.46
Standard Deviation4.91
Sample Variance24.06
Range15.4402
R-Value0.56
Mean Square Error17.70
R-Squared0.32
Significance0.03
Slope0.62
Total Sum of Squares336.87

Nano Cash Ratio History

2024 18.54
2023 27.81
2022 30.9

About Nano Nuclear Financial Statements

Nano Nuclear stakeholders use historical fundamental indicators, such as Nano Nuclear's Cash Ratio, to determine how well the company is positioned to perform in the future. Although Nano Nuclear investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nano Nuclear's assets and liabilities are reflected in the revenues and expenses on Nano Nuclear's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nano Nuclear Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 27.81  18.54 

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When determining whether Nano Nuclear Energy is a strong investment it is important to analyze Nano Nuclear'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 Nuclear's future performance. For an informed investment choice regarding Nano Stock, refer to the following important reports:
Check out the analysis of Nano Nuclear Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Heavy Electrical Equipment 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 Nuclear. 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 Nuclear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.31)
The market value of Nano Nuclear Energy 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 Nuclear's value that differs from its market value or its book value, called intrinsic value, which is Nano Nuclear'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 Nuclear's market value can be influenced by many factors that don't directly affect Nano Nuclear'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 Nuclear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Nuclear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Nuclear'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.