Nano X Imaging Stock Book Value Per Share

NNOX Stock  USD 7.53  0.17  2.21%   
Nano X Imaging fundamentals help investors to digest information that contributes to Nano X's financial success or failures. It also enables traders to predict the movement of Nano Stock. The fundamental analysis module provides a way to measure Nano X's 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 Nano X stock.
Last ReportedProjected for Next Year
Book Value Per Share 3.47  2.66 
Tangible Book Value Per Share 2.04  1.77 
Book Value Per Share is likely to drop to 2.66 in 2024. Tangible Book Value Per Share is likely to drop to 1.77 in 2024.
  
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Nano X Imaging Company Book Value Per Share Analysis

Nano X's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Nano X Book Value Per Share

    
  3.38 X  
Most of Nano X's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nano X Imaging is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nano Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Nano X is extremely important. It helps to project a fair market value of Nano Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Nano X's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nano X's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nano X's interrelated accounts and indicators.
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Click cells to compare fundamentals
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Nano Common Stock Shares Outstanding

Common Stock Shares Outstanding

49.93 Million

At this time, Nano X's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Nano X Imaging is about 3.384 times. This is 299.06% lower than that of the Health Care Equipment & Supplies sector and 143.45% higher than that of the Health Care industry. The book value per share for all United States stocks is 99.82% higher than that of the company.

Nano Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nano X's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nano X could also be used in its relative valuation, which is a method of valuing Nano X by comparing valuation metrics of similar companies.
Nano X is currently under evaluation in book value per share category among its peers.

Nano X ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nano X's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nano X's managers, analysts, and investors.
Environmental
Governance
Social

Nano Fundamentals

About Nano X Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nano X Imaging's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nano X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nano X Imaging 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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Additional Tools for Nano Stock Analysis

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.