Danimer Accounts Payable vs Current Deferred Revenue Analysis

DNMR Stock

USD 4.74 0.46 8.85%

Danimer Scientific financial indicator trend analysis is much more than just examining Danimer Scientific latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Danimer Scientific is a good investment. Please check the relationship between Danimer Scientific Accounts Payable and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danimer Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Danimer Stock, please use our How to Invest in Danimer Scientific guide.

Accounts Payable vs Current Deferred Revenue

Accounts Payable vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danimer Scientific Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.

The correlation between Danimer Scientific's Accounts Payable and Current Deferred Revenue is -0.82. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Danimer Scientific, assuming nothing else is changed. The correlation between historical values of Danimer Scientific's Accounts Payable and Current Deferred Revenue 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 Danimer Scientific are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., Danimer Scientific's Accounts Payable and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.82

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Danimer Scientific 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 Danimer Scientific 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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Danimer Scientific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Danimer Scientific 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danimer Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Danimer Stock, please use our How to Invest in Danimer Scientific guide.As of 11/26/2024, Tax Provision is likely to grow to about 287.7 K, while Selling General Administrative is likely to drop slightly above 59.1 M.

	2023	2024 (projected)
Depreciation And Amortization	29.1M	15.8M
Interest Income	399.1K	377.9K

Depreciation And Amortization Interest Income

Danimer Scientific fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total
Other Current Liab		0.4	-0.21	0.6	0.35	-0.23	-0.1	-0.24	0.22	-0.21	-0.42	-0.11	-0.32	-0.01	0.85	-0.37	0.16	-0.59	0.35	-0.28	-0.1	-0.31	0.35	-0.23	-0.25	-0.29
Total Current Liabilities	0.4		0.66	-0.15	0.83	-0.9	0.4	0.51	0.88	0.56	0.32	0.63	0.21	0.77	0.36	0.3	-0.57	-0.5	0.88	0.31	-0.56	0.17	0.88	0.56	0.6	0.19
Net Tangible Assets	-0.21	0.66		-0.72	0.74	-0.8	0.79	0.9	0.83	0.97	0.8	0.94	0.76	0.94	0.08	0.82	-0.92	0.02	0.74	0.81	-0.42	0.73	0.74	0.97	0.97	0.74
Retained Earnings	0.6	-0.15	-0.72		-0.34	0.45	-0.73	-0.81	-0.33	-0.81	-0.97	-0.76	-0.9	-0.62	0.23	-0.89	0.79	-0.69	-0.12	-0.87	0.06	-0.88	-0.12	-0.82	-0.81	-0.88
Accounts Payable	0.35	0.83	0.74	-0.34		-0.78	0.79	0.8	0.77	0.75	0.56	0.82	0.56	0.85	0.54	0.64	-0.82	-0.16	0.73	0.67	-0.69	0.55	0.73	0.74	0.75	0.56
Other Assets	-0.23	-0.9	-0.8	0.45	-0.78		-0.58	-0.65	-0.95	-0.74	-0.59	-0.81	-0.46	-0.9	-0.36	-0.5	0.74	0.24	-0.87	-0.53	0.43	-0.42	-0.87	-0.75	-0.78	-0.44
Net Receivables	-0.1	0.4	0.79	-0.73	0.79	-0.58		0.95	0.55	0.9	0.87	0.92	0.91	0.82	0.35	0.94	-0.96	0.38	0.41	0.96	-0.49	0.9	0.41	0.9	0.88	0.91
Inventory	-0.24	0.51	0.9	-0.81	0.8	-0.65	0.95		0.62	0.96	0.91	0.95	0.91	0.87	0.13	0.97	-0.98	0.33	0.47	0.96	-0.51	0.89	0.47	0.96	0.96	0.9
Total Current Assets	0.22	0.88	0.83	-0.33	0.77	-0.95	0.55	0.62		0.73	0.48	0.79	0.38	0.92	0.36	0.45	-0.72	-0.41	0.97	0.47	-0.53	0.33	0.97	0.73	0.77	0.36
Common Stock	-0.21	0.56	0.97	-0.81	0.75	-0.74	0.9	0.96	0.73		0.9	0.98	0.89	0.92	0.15	0.93	-0.97	0.22	0.61	0.93	-0.36	0.87	0.61	1.0	0.99	0.88
Property Plant Equipment	-0.42	0.32	0.8	-0.97	0.56	-0.59	0.87	0.91	0.48	0.9		0.89	0.94	0.77	-0.01	0.95	-0.91	0.59	0.27	0.95	-0.25	0.92	0.27	0.91	0.9	0.93
Total Assets	-0.11	0.63	0.94	-0.76	0.82	-0.81	0.92	0.95	0.79	0.98	0.89		0.86	0.96	0.27	0.9	-0.99	0.18	0.66	0.91	-0.47	0.83	0.66	0.98	0.98	0.84
Short Long Term Debt Total	-0.32	0.21	0.76	-0.9	0.56	-0.46	0.91	0.91	0.38	0.89	0.94	0.86		0.68	0.12	0.98	-0.88	0.6	0.21	0.98	-0.13	1.0	0.21	0.9	0.85	1.0
Total Stockholder Equity	-0.01	0.77	0.94	-0.62	0.85	-0.9	0.82	0.87	0.92	0.92	0.77	0.96	0.68		0.28	0.76	-0.94	-0.06	0.81	0.77	-0.59	0.65	0.81	0.92	0.95	0.67
Other Liab	0.85	0.36	0.08	0.23	0.54	-0.36	0.35	0.13	0.36	0.15	-0.01	0.27	0.12	0.28		0.06	-0.24	-0.28	0.4	0.16	-0.19	0.13	0.4	0.14	0.1	0.15
Property Plant And Equipment Net	-0.37	0.3	0.82	-0.89	0.64	-0.5	0.94	0.97	0.45	0.93	0.95	0.9	0.98	0.76	0.06		-0.94	0.54	0.28	0.99	-0.32	0.97	0.28	0.93	0.91	0.97
Current Deferred Revenue	0.16	-0.57	-0.92	0.79	-0.82	0.74	-0.96	-0.98	-0.72	-0.97	-0.91	-0.99	-0.88	-0.94	-0.24	-0.94		-0.26	-0.58	-0.94	0.5	-0.86	-0.58	-0.98	-0.98	-0.88
Net Debt	-0.59	-0.5	0.02	-0.69	-0.16	0.24	0.38	0.33	-0.41	0.22	0.59	0.18	0.6	-0.06	-0.28	0.54	-0.26		-0.61	0.52	0.26	0.63	-0.61	0.24	0.2	0.61
Cash	0.35	0.88	0.74	-0.12	0.73	-0.87	0.41	0.47	0.97	0.61	0.27	0.66	0.21	0.81	0.4	0.28	-0.58	-0.61		0.3	-0.49	0.17	1.0	0.6	0.63	0.19
Non Current Assets Total	-0.28	0.31	0.81	-0.87	0.67	-0.53	0.96	0.96	0.47	0.93	0.95	0.91	0.98	0.77	0.16	0.99	-0.94	0.52	0.3		-0.32	0.98	0.3	0.93	0.9	0.98
Non Currrent Assets Other	-0.1	-0.56	-0.42	0.06	-0.69	0.43	-0.49	-0.51	-0.53	-0.36	-0.25	-0.47	-0.13	-0.59	-0.19	-0.32	0.5	0.26	-0.49	-0.32		-0.11	-0.49	-0.36	-0.44	-0.13
Long Term Debt	-0.31	0.17	0.73	-0.88	0.55	-0.42	0.9	0.89	0.33	0.87	0.92	0.83	1.0	0.65	0.13	0.97	-0.86	0.63	0.17	0.98	-0.11		0.17	0.87	0.82	1.0
Cash And Short Term Investments	0.35	0.88	0.74	-0.12	0.73	-0.87	0.41	0.47	0.97	0.61	0.27	0.66	0.21	0.81	0.4	0.28	-0.58	-0.61	1.0	0.3	-0.49	0.17		0.6	0.63	0.19
Common Stock Total Equity	-0.23	0.56	0.97	-0.82	0.74	-0.75	0.9	0.96	0.73	1.0	0.91	0.98	0.9	0.92	0.14	0.93	-0.98	0.24	0.6	0.93	-0.36	0.87	0.6		0.99	0.88
Common Stock Shares Outstanding	-0.25	0.6	0.97	-0.81	0.75	-0.78	0.88	0.96	0.77	0.99	0.9	0.98	0.85	0.95	0.1	0.91	-0.98	0.2	0.63	0.9	-0.44	0.82	0.63	0.99		0.83
Non Current Liabilities Total	-0.29	0.19	0.74	-0.88	0.56	-0.44	0.91	0.9	0.36	0.88	0.93	0.84	1.0	0.67	0.15	0.97	-0.88	0.61	0.19	0.98	-0.13	1.0	0.19	0.88	0.83

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Danimer Scientific Account Relationship Matchups

Danimer Scientific fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	9.7M	6.2M	14.9M	995K	837K	795.2K
Total Current Liabilities	34.3M	50.5M	43.5M	25.3M	15.7M	24.3M
Net Tangible Assets	14.5M	437.1M	353.0M	377.6M	434.3M	265.6M
Retained Earnings	(49.9M)	(62.5M)	(118.9M)	(298.6M)	(454.1M)	(431.4M)
Accounts Payable	8.1M	10.6M	20.8M	15.0M	5.3M	5.0M
Other Assets	30.9M	15.8M	15.5M	33.3M	30.0M	21.6M
Net Receivables	5.5M	8.1M	24.6M	24.3M	18.9M	16.2M
Inventory	7.0M	13.6M	24.6M	32.7M	25.3M	19.7M
Total Current Assets	19.2M	402.4M	340.4M	125.1M	108.0M	185.7M
Property Plant Equipment	92.4M	126.2M	335.4M	453.9M	522.0M	548.1M

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

0.76	WDFC	WD 40 Company	Pair Corr
0.75	ECVT	Ecovyst	Pair Corr
0.75	WTTR	Select Energy Services	Pair Corr
0.37	ALB-PA	Albemarle	Pair Corr
0.37	ALB	Albemarle Corp	Pair Corr

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 Correlation Correlation 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.

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