Dada Nexus Stock Current Asset

DADA Stock  USD 1.37  0.02  1.48%   
Dada Nexus fundamentals help investors to digest information that contributes to Dada Nexus' financial success or failures. It also enables traders to predict the movement of Dada Stock. The fundamental analysis module provides a way to measure Dada Nexus' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dada Nexus stock.
At present, Dada Nexus' Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 566.8 M, whereas Total Current Assets are forecasted to decline to about 5 B.
  
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Dada Nexus Company Current Asset Analysis

Dada Nexus' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Dada Current Asset Historical Pattern

Today, most investors in Dada Nexus Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dada Nexus' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Dada Nexus current asset as a starting point in their analysis.
   Dada Nexus Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Dada Total Assets

Total Assets

7.2 Billion

At present, Dada Nexus' Total Assets are projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Dada Nexus has a Current Asset of 0.0. This is 100.0% lower than that of the Consumer Staples Distribution & Retail sector and about the same as Consumer Staples (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.

Dada Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dada Nexus' direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dada Nexus could also be used in its relative valuation, which is a method of valuing Dada Nexus by comparing valuation metrics of similar companies.
Dada Nexus is currently under evaluation in current asset category among its peers.

Dada Nexus Current Valuation Drivers

We derive many important indicators used in calculating different scores of Dada Nexus from analyzing Dada Nexus' financial statements. These drivers represent accounts that assess Dada Nexus' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dada Nexus' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap22.5B39.8B19.9B12.2B6.1B5.8B
Enterprise Value21.3B35.2B19.5B11.1B4.3B4.0B

Dada Fundamentals

About Dada Nexus Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dada Nexus's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dada Nexus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dada Nexus based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Dada Nexus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dada Nexus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dada Nexus Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dada Nexus Stock:
Check out Dada Nexus Piotroski F Score and Dada Nexus Altman Z Score analysis.
For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Consumer Staples Distribution & Retail 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 Dada Nexus. If investors know Dada 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 Dada Nexus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
38.775
Quarterly Revenue Growth
(0.16)
Return On Assets
(0.10)
Return On Equity
(0.35)
The market value of Dada Nexus is measured differently than its book value, which is the value of Dada that is recorded on the company's balance sheet. Investors also form their own opinion of Dada Nexus' value that differs from its market value or its book value, called intrinsic value, which is Dada Nexus' 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 Dada Nexus' market value can be influenced by many factors that don't directly affect Dada Nexus' 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 Dada Nexus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dada Nexus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dada Nexus' 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.