Nano Price To Sales Ratio vs Days Sales Outstanding Analysis

NNOX Stock

USD 6.46 0.18 2.87%

Nano X financial indicator trend analysis is infinitely more than just investigating Nano X Imaging recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nano X Imaging is a good investment. Please check the relationship between Nano X Price To Sales Ratio and its Days Sales Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano X Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nano X Imaging Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have totally related.

The correlation between Nano X's Price To Sales Ratio and Days Sales Outstanding is 1.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Nano X Imaging, assuming nothing else is changed. The correlation between historical values of Nano X's Price To Sales Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Nano X Imaging are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., Nano X's Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Nano X Imaging stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nano X sales, a figure that is much harder to manipulate than other Nano X Imaging multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Days Sales Outstanding

Most indicators from Nano X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nano X Imaging 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 X Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Nano X's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 37.7 M in 2024, whereas Tax Provision is likely to drop (1.4 M) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	2.0M	60.2M	69.2M	72.7M
Depreciation And Amortization	2.3M	11.5M	11.8M	12.4M

Interest Expense Depreciation And Amortization

Nano X fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.58	0.69	1.0	0.9	0.91	-0.66	-0.77	0.87	0.7	0.9	0.81	0.93	0.75	0.89	0.69	0.95	0.78	1.0	0.9	0.82	0.95	0.71	0.95	0.92	0.83
Other Current Liab	0.58		0.93	0.51	0.23	0.47	-0.03	-0.2	0.56	0.04	0.78	0.13	0.39	0.43	0.8	0.1	0.42	0.92	0.51	0.46	0.14	0.41	-0.04	0.41	0.79	0.42
Total Current Liabilities	0.69	0.93		0.63	0.36	0.6	-0.11	-0.43	0.67	0.15	0.86	0.26	0.51	0.61	0.86	0.18	0.56	0.99	0.63	0.59	0.26	0.56	0.08	0.56	0.89	0.6
Total Stockholder Equity	1.0	0.51	0.63		0.93	0.91	-0.71	-0.78	0.85	0.75	0.86	0.86	0.95	0.73	0.85	0.73	0.96	0.72	1.0	0.9	0.86	0.96	0.77	0.96	0.89	0.82
Net Tangible Assets	0.9	0.23	0.36	0.93		0.78	-0.9	-0.69	0.67	0.92	0.63	0.98	0.92	0.58	0.61	0.88	0.88	0.46	0.93	0.77	0.98	0.89	0.94	0.89	0.71	0.68
Property Plant And Equipment Net	0.91	0.47	0.6	0.91	0.78		-0.42	-0.91	0.98	0.47	0.9	0.63	0.93	0.9	0.89	0.42	0.98	0.71	0.91	1.0	0.64	0.97	0.55	0.97	0.82	0.96
Net Debt	-0.66	-0.03	-0.11	-0.71	-0.9	-0.42		0.35	-0.28	-1.0	-0.28	-0.97	-0.69	-0.23	-0.26	-0.98	-0.57	-0.17	-0.71	-0.41	-0.96	-0.61	-0.97	-0.61	-0.45	-0.31
Retained Earnings	-0.77	-0.2	-0.43	-0.78	-0.69	-0.91	0.35		-0.89	-0.42	-0.74	-0.57	-0.82	-0.92	-0.72	-0.34	-0.9	-0.54	-0.78	-0.92	-0.58	-0.9	-0.51	-0.9	-0.63	-0.92
Accounts Payable	0.87	0.56	0.67	0.85	0.67	0.98	-0.28	-0.89		0.33	0.93	0.51	0.87	0.93	0.92	0.29	0.94	0.77	0.85	0.98	0.52	0.93	0.4	0.93	0.81	0.94
Cash	0.7	0.04	0.15	0.75	0.92	0.47	-1.0	-0.42	0.33		0.33	0.98	0.72	0.29	0.31	0.98	0.62	0.21	0.74	0.46	0.98	0.66	0.98	0.66	0.49	0.37
Non Current Assets Total	0.9	0.78	0.86	0.86	0.63	0.9	-0.28	-0.74	0.93	0.33		0.48	0.79	0.8	1.0	0.33	0.87	0.93	0.87	0.9	0.49	0.85	0.34	0.85	0.95	0.86
Cash And Short Term Investments	0.81	0.13	0.26	0.86	0.98	0.63	-0.97	-0.57	0.51	0.98	0.48		0.83	0.45	0.47	0.96	0.76	0.33	0.85	0.63	1.0	0.79	0.98	0.79	0.6	0.53
Common Stock Total Equity	0.93	0.39	0.51	0.95	0.92	0.93	-0.69	-0.82	0.87	0.72	0.79	0.83		0.81	0.76	0.65	0.97	0.61	0.95	0.93	0.84	0.98	0.77	0.98	0.79	0.87
Common Stock Shares Outstanding	0.75	0.43	0.61	0.73	0.58	0.9	-0.23	-0.92	0.93	0.29	0.8	0.45	0.81		0.78	0.2	0.86	0.69	0.74	0.9	0.46	0.88	0.35	0.88	0.68	0.91
Non Current Liabilities Total	0.89	0.8	0.86	0.85	0.61	0.89	-0.26	-0.72	0.92	0.31	1.0	0.47	0.76	0.78		0.33	0.85	0.94	0.86	0.88	0.48	0.83	0.32	0.83	0.94	0.83
Other Current Assets	0.69	0.1	0.18	0.73	0.88	0.42	-0.98	-0.34	0.29	0.98	0.33	0.96	0.65	0.2	0.33		0.57	0.24	0.73	0.41	0.95	0.6	0.95	0.6	0.5	0.28
Other Stockholder Equity	0.95	0.42	0.56	0.96	0.88	0.98	-0.57	-0.9	0.94	0.62	0.87	0.76	0.97	0.86	0.85	0.57		0.67	0.96	0.98	0.77	1.0	0.69	1.0	0.82	0.93
Total Liab	0.78	0.92	0.99	0.72	0.46	0.71	-0.17	-0.54	0.77	0.21	0.93	0.33	0.61	0.69	0.94	0.24	0.67		0.72	0.7	0.34	0.67	0.16	0.67	0.93	0.7
Net Invested Capital	1.0	0.51	0.63	1.0	0.93	0.91	-0.71	-0.78	0.85	0.74	0.87	0.85	0.95	0.74	0.86	0.73	0.96	0.72		0.9	0.86	0.96	0.77	0.96	0.89	0.82
Property Plant And Equipment Gross	0.9	0.46	0.59	0.9	0.77	1.0	-0.41	-0.92	0.98	0.46	0.9	0.63	0.93	0.9	0.88	0.41	0.98	0.7	0.9		0.64	0.97	0.54	0.97	0.81	0.96
Total Current Assets	0.82	0.14	0.26	0.86	0.98	0.64	-0.96	-0.58	0.52	0.98	0.49	1.0	0.84	0.46	0.48	0.95	0.77	0.34	0.86	0.64		0.8	0.98	0.8	0.61	0.54
Capital Stock	0.95	0.41	0.56	0.96	0.89	0.97	-0.61	-0.9	0.93	0.66	0.85	0.79	0.98	0.88	0.83	0.6	1.0	0.67	0.96	0.97	0.8		0.71	1.0	0.81	0.91
Net Working Capital	0.71	-0.04	0.08	0.77	0.94	0.55	-0.97	-0.51	0.4	0.98	0.34	0.98	0.77	0.35	0.32	0.95	0.69	0.16	0.77	0.54	0.98	0.71		0.71	0.46	0.44
Common Stock	0.95	0.41	0.56	0.96	0.89	0.97	-0.61	-0.9	0.93	0.66	0.85	0.79	0.98	0.88	0.83	0.6	1.0	0.67	0.96	0.97	0.8	1.0	0.71		0.81	0.91
Property Plant Equipment	0.92	0.79	0.89	0.89	0.71	0.82	-0.45	-0.63	0.81	0.49	0.95	0.6	0.79	0.68	0.94	0.5	0.82	0.93	0.89	0.81	0.61	0.81	0.46	0.81		0.79
Short Long Term Debt Total	0.83	0.42	0.6	0.82	0.68	0.96	-0.31	-0.92	0.94	0.37	0.86	0.53	0.87	0.91	0.83	0.28	0.93	0.7	0.82	0.96	0.54	0.91	0.44	0.91	0.79

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Nano X Account Relationship Matchups

Nano X fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.9M	236.1M	363.2M	253.9M	218.6M	199.0M
Other Current Liab	17.8M	3.0M	48.3M	19.8M	7.3M	7.0M
Total Current Liabilities	20.3M	4.5M	52.8M	17.1M	15.5M	21.7M
Total Stockholder Equity	(8.8M)	230.7M	292.1M	224.7M	195.5M	170.1M
Net Tangible Assets	(8.8M)	230.7M	132.0M	118.0M	135.7M	102.4M
Property Plant And Equipment Net	754K	15.4M	39.2M	44.7M	46.9M	27.0M
Net Debt	(7.5M)	(212.0M)	(60.9M)	(33.8M)	(48.0M)	(50.4M)
Retained Earnings	(40.6M)	(84.4M)	(146.2M)	(251.5M)	(320.2M)	(304.2M)
Accounts Payable	475K	435K	3.1M	3.6M	3.3M	2.0M
Cash	8.1M	213.5M	66.6M	38.5M	56.4M	70.2M
Non Current Assets Total	2.2M	16.4M	268.3M	171.5M	130.0M	107.9M
Cash And Short Term Investments	8.1M	213.5M	88.7M	77.6M	82.4M	86.2M
Common Stock Shares Outstanding	45.7M	35.7M	48.2M	52.2M	56.4M	49.9M
Liabilities And Stockholders Equity	11.9M	236.1M	363.2M	253.9M	218.6M	199.0M
Non Current Liabilities Total	386K	923K	18.3M	12.2M	7.6M	7.2M
Capital Lease Obligations	526K	1.4M	1.8M	1.1M	4.9M	5.2M
Other Current Assets	1.6M	11.1M	5.1M	3.9M	2.4M	4.7M
Other Stockholder Equity	31.7M	315.0M	438.8M	478.0M	515.9M	328.4M
Total Liab	20.6M	5.4M	71.0M	29.3M	23.1M	28.9M
Net Invested Capital	(8.8M)	230.7M	296.1M	228.2M	199.0M	172.1M
Property Plant And Equipment Gross	754K	15.4M	39.2M	44.7M	49.6M	27.5M
Total Current Assets	9.6M	219.8M	94.9M	82.5M	88.6M	91.1M
Accumulated Other Comprehensive Income	(136K)	(344K)	(607K)	(2.0M)	(305K)	(320.3K)
Capital Stock	75K	131K	149K	158K	165K	134.9K
Net Working Capital	(10.6M)	215.3M	42.1M	65.4M	73.1M	69.4M
Common Stock	75K	131K	149K	158K	165K	134.9K
Property Plant Equipment	754K	10.1M	39.2M	13.0M	14.9M	13.9M

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When running Nano X's price analysis, check to measure Nano X'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 Nano X is operating at the current time. Most of Nano X's value examination focuses on studying past and present price action to predict the probability of Nano X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano X's price. Additionally, you may evaluate how the addition of Nano X to your portfolios can decrease your overall portfolio volatility.

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Nano Price To Sales Ratio vs Days Sales Outstanding Analysis

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Days Sales Outstanding

Nano X fundamental ratios Correlations

Nano X Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nano X fundamental ratios Accounts

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Additional Tools for Nano Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Total Current Assets	+ 1.0	Cash And Short Term Investments

Cash	- 1.0	Net Debt
Other Current Assets	- 0.98	Net Debt
Net Working Capital	- 0.97	Net Debt
Cash And Short Term Investments	- 0.97	Net Debt
Total Current Assets	- 0.96	Net Debt
Short Long Term Debt Total	- 0.92	Retained Earnings