Nanoco Non Current Liabilities Total vs Total Current Liabilities Analysis

NANO Stock   8.90  0.05  0.56%   
Nanoco Group financial indicator trend analysis is infinitely more than just investigating Nanoco Group plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanoco Group plc is a good investment. Please check the relationship between Nanoco Group Non Current Liabilities Total and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nanoco Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanoco Group plc Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nanoco Group's Non Current Liabilities Total and Total Current Liabilities is 0.72. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Nanoco Group plc, assuming nothing else is changed. The correlation between historical values of Nanoco Group's Non Current Liabilities Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Nanoco Group plc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., Nanoco Group's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Current Liabilities

Total Current Liabilities is an item on Nanoco Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nanoco Group plc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Nanoco Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanoco Group plc 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 Nanoco Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 3.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 194.8 K in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit4.8M6.7M81K77.0K
Total Revenue5.6M7.9M82K77.9K

Nanoco Group fundamental ratios Correlations

0.750.850.290.66-0.230.540.470.790.570.280.580.320.76-0.380.690.480.99-0.220.30.31-0.110.570.480.160.31
0.750.91-0.310.38-0.390.530.670.680.230.280.410.390.73-0.60.920.580.720.110.230.08-0.290.850.70.590.57
0.850.91-0.090.46-0.190.420.510.790.190.320.630.350.84-0.440.840.460.81-0.170.370.3-0.130.720.70.30.3
0.29-0.31-0.090.10.420.07-0.46-0.060.280.040.03-0.030.220.21-0.49-0.490.36-0.10.210.260.09-0.6-0.18-0.44-0.11
0.660.380.460.1-0.460.540.50.790.640.120.410.050.21-0.330.520.760.59-0.37-0.030.430.090.48-0.06-0.16-0.01
-0.23-0.39-0.190.42-0.46-0.26-0.92-0.49-0.54-0.33-0.21-0.170.210.33-0.53-0.77-0.15-0.010.0-0.230.05-0.580.17-0.18-0.48
0.540.530.420.070.54-0.260.290.320.39-0.28-0.25-0.210.45-0.890.450.470.560.21-0.41-0.14-0.310.430.140.390.3
0.470.670.51-0.460.5-0.920.290.650.490.430.410.310.12-0.380.780.810.39-0.010.180.23-0.080.790.210.350.57
0.790.680.79-0.060.79-0.490.320.650.430.370.780.270.48-0.250.750.70.69-0.470.280.63-0.040.660.23-0.110.13
0.570.230.190.280.64-0.540.390.490.430.210.210.33-0.04-0.170.310.580.57-0.130.030.160.030.33-0.20.00.26
0.280.280.320.040.12-0.33-0.280.430.370.210.510.670.120.130.230.120.240.180.90.360.030.160.270.070.52
0.580.410.630.030.41-0.21-0.250.410.780.210.510.350.360.270.490.320.49-0.640.60.660.20.380.27-0.3-0.05
0.320.390.35-0.030.05-0.17-0.210.310.270.330.670.350.170.10.320.150.320.230.650.17-0.170.270.380.230.48
0.760.730.840.220.210.210.450.120.48-0.040.120.360.17-0.410.530.040.790.040.320.07-0.230.390.790.350.3
-0.38-0.6-0.440.21-0.330.33-0.89-0.38-0.25-0.170.130.270.1-0.41-0.51-0.43-0.39-0.380.290.160.47-0.49-0.25-0.52-0.43
0.690.920.84-0.490.52-0.530.450.780.750.310.230.490.320.53-0.510.80.63-0.10.120.07-0.170.980.580.50.39
0.480.580.46-0.490.76-0.770.470.810.70.580.120.320.150.04-0.430.80.39-0.21-0.150.13-0.040.850.050.240.21
0.990.720.810.360.59-0.150.560.390.690.570.240.490.320.79-0.390.630.39-0.140.290.21-0.120.520.510.220.33
-0.220.11-0.17-0.1-0.37-0.010.21-0.01-0.47-0.130.18-0.640.230.04-0.38-0.1-0.21-0.140.09-0.56-0.34-0.060.250.710.71
0.30.230.370.21-0.030.0-0.410.180.280.030.90.60.650.320.290.12-0.150.290.090.350.110.010.430.010.38
0.310.080.30.260.43-0.23-0.140.230.630.160.360.660.170.070.160.070.130.21-0.560.350.17-0.06-0.22-0.69-0.15
-0.11-0.29-0.130.090.090.05-0.31-0.08-0.040.030.030.2-0.17-0.230.47-0.17-0.04-0.12-0.340.110.17-0.17-0.18-0.31-0.35
0.570.850.72-0.60.48-0.580.430.790.660.330.160.380.270.39-0.490.980.850.52-0.060.01-0.06-0.170.510.560.38
0.480.70.7-0.18-0.060.170.140.210.23-0.20.270.270.380.79-0.250.580.050.510.250.43-0.22-0.180.510.650.43
0.160.590.3-0.44-0.16-0.180.390.35-0.110.00.07-0.30.230.35-0.520.50.240.220.710.01-0.69-0.310.560.650.71
0.310.570.3-0.11-0.01-0.480.30.570.130.260.52-0.050.480.3-0.430.390.210.330.710.38-0.15-0.350.380.430.71
Click cells to compare fundamentals

Nanoco Group Account Relationship Matchups

Nanoco Group fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.2M10.9M50.8M30.7M6.1M5.8M
Other Current Liab940K1.1M8.0M6.8M1.3M1.7M
Total Current Liabilities2.4M2.4M14.1M8.1M88K83.6K
Total Stockholder Equity3.1M4.5M16.4M(17.0M)6.0M7.9M
Property Plant And Equipment Net539K154K2.4M3.8M140K133K
Net Debt(2.7M)(3.2M)(1.8M)(18.4M)(6.0M)(6.3M)
Retained Earnings(149.1M)(153.8M)57.6M31.4M(29.5M)(31.0M)
Cash3.8M6.8M8.2M20.3M6.0M6.5M
Non Current Assets Total3.4M1.8M7.7M8.6M140K133K
Cash And Short Term Investments3.8M6.8M8.2M20.3M5.8M10.4M
Common Stock Shares Outstanding305.7M308.6M334.4M301.7M26.0M24.7M
Liabilities And Stockholders Equity9.2M10.9M50.8M30.7M6.1M5.8M
Other Current Assets1.1M1.2M34.5M1.5M214.2K203.5K
Total Liab6.2M6.4M34.4M47.7M88K83.6K
Property Plant And Equipment Gross539K154K2.4M13.4M140K133K
Total Current Assets5.8M9.1M43.1M22.1M6.1M5.8M
Short Term Debt(332K)(622K)4.5M621K15.9M16.7M
Accounts Payable677K622K864K752K34K32.3K
Net Receivables858K975K87K301K208.1K197.7K
Non Current Liabilities Total3.8M4.0M20.2M39.5M34K32.3K
Short Long Term Debt Total1.1M3.6M6.4M1.9M2.2M1.2M
Non Currrent Assets Other(3.4M)(1.8M)1.8M1.7M1.9M2.0M
Inventory110K174K308K305K350.8K368.3K
Accumulated Other Comprehensive Income3.9M4.3M4.9M5.6M6.5M6.8M
Intangible Assets2.9M1.6M966K745K856.8K813.9K
Net Tangible Assets3.5M194K2.7M15.4M13.9M8.2M
Current Deferred Revenue603K253K560K1.01.151.09
Property Plant Equipment875K539K154K2.4M2.1M1.1M
Other Liab249K146K84K18.2M21.0M22.0M
Net Invested Capital3.1M8.3M16.4M(17.0M)(15.3M)(14.5M)
Net Working Capital3.4M6.6M29.0M13.9M16.0M10.9M
Capital Lease Obligations678K169K1.9M1.9M2.2M1.3M

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