Nano Total Current Liabilities vs Depreciation And Amortization Analysis

NNE Stock   27.61  0.84  3.14%   
Nano Nuclear financial indicator trend analysis is infinitely more than just investigating Nano Nuclear Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nano Nuclear Energy is a good investment. Please check the relationship between Nano Nuclear Total Current Liabilities and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano Nuclear Energy. 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.

Total Current Liabilities vs Depreciation And Amortization

Total Current Liabilities vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nano Nuclear Energy Total Current Liabilities account and Depreciation And Amortization. At this time, the significance of the direction appears to have totally related.
The correlation between Nano Nuclear's Total Current Liabilities and Depreciation And Amortization is 1.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Nano Nuclear Energy, assuming nothing else is changed. The correlation between historical values of Nano Nuclear's Total Current Liabilities and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Nano Nuclear Energy are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Liabilities i.e., Nano Nuclear's Total Current Liabilities and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Nano Nuclear balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nano Nuclear Energy 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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Nano Nuclear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nano Nuclear Energy 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 Nano Nuclear Energy. 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.
As of November 30, 2024, Selling General Administrative is expected to decline to about 3.1 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 7 M
 2010 2022 2023 2024 (projected)
EBITDA42K33.0K29.7K30.0K
Research Development140.3K1.5M1.8M920.9K

Nano Nuclear fundamental ratios Correlations

-0.581.01.0-0.95-0.951.01.01.0-0.581.01.01.01.01.00.941.00.94-0.58
-0.58-0.62-0.580.710.72-0.61-0.58-0.581.0-0.61-0.58-0.62-0.58-0.58-0.79-0.58-0.791.0
1.0-0.621.0-0.94-0.951.01.01.0-0.621.01.01.01.01.00.951.00.95-0.62
1.0-0.581.0-0.95-0.951.01.01.0-0.581.01.01.01.01.00.941.00.94-0.58
-0.950.71-0.94-0.951.0-0.95-0.95-0.950.71-0.95-0.95-0.94-0.95-0.95-0.99-0.95-0.990.71
-0.950.72-0.95-0.951.0-0.95-0.95-0.950.72-0.95-0.95-0.95-0.95-0.95-0.99-0.95-0.990.72
1.0-0.611.01.0-0.95-0.951.01.0-0.611.01.01.01.01.00.951.00.95-0.61
1.0-0.581.01.0-0.95-0.951.01.0-0.581.01.01.01.01.00.941.00.94-0.58
1.0-0.581.01.0-0.95-0.951.01.0-0.581.01.01.01.01.00.941.00.94-0.58
-0.581.0-0.62-0.580.710.72-0.61-0.58-0.58-0.61-0.58-0.62-0.58-0.58-0.79-0.58-0.791.0
1.0-0.611.01.0-0.95-0.951.01.01.0-0.611.01.01.01.00.951.00.95-0.61
1.0-0.581.01.0-0.95-0.951.01.01.0-0.581.01.01.01.00.941.00.94-0.58
1.0-0.621.01.0-0.94-0.951.01.01.0-0.621.01.01.01.00.951.00.95-0.62
1.0-0.581.01.0-0.95-0.951.01.01.0-0.581.01.01.01.00.941.00.94-0.58
1.0-0.581.01.0-0.95-0.951.01.01.0-0.581.01.01.01.00.941.00.94-0.58
0.94-0.790.950.94-0.99-0.990.950.940.94-0.790.950.940.950.940.940.941.0-0.79
1.0-0.581.01.0-0.95-0.951.01.01.0-0.581.01.01.01.01.00.940.94-0.58
0.94-0.790.950.94-0.99-0.990.950.940.94-0.790.950.940.950.940.941.00.94-0.79
-0.581.0-0.62-0.580.710.72-0.61-0.58-0.581.0-0.61-0.58-0.62-0.58-0.58-0.79-0.58-0.79
Click cells to compare fundamentals

Nano Nuclear Account Relationship Matchups

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano Nuclear Energy. 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.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.