ItN Nanovation AG Stock
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Your prediction
Pros and Cons of ItN Nanovation AG in the next few years
Pros
Cons
Performance of ItN Nanovation AG vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| ItN Nanovation AG | - | - | - | - | - | - | - |
| Daicel Corp | -0.580% | 1.765% | -4.420% | 24.460% | 0.000% | 36.220% | -12.049% |
| Zotefoams plc | - | -0.488% | -3.318% | 0.990% | 11.475% | -10.526% | - |
| Zeon Corp. | 0.610% | 0.613% | 4.459% | -12.299% | 0.613% | -33.871% | -8.909% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Taking a critical look at the financials of ItN Nanovation, a company in the chemicals industry, presents an intriguing scenario. An overview of the financial statements reveals a complex health picture, with several indicators that potentially raise red flags, as well as aspects that may offer some optimism.
Starting with the balance sheets from 2016 to 2018, a significant concern is the apparent mismatch between the company's total assets and liabilities, indicating a precarious financial position. In each of the years presented, total liabilities equal total assets, which could suggest that the company is heavily leveraged. Further, the company consistently reported negative retained earnings over these years, which may point to accumulated losses, potentially diminishing investor confidence in the company's profitability trajectory.
On the cash flow front, the company experienced a net income deficit in both 2016 and 2018. Particularly in 2018, a net loss of over €4 million is observed, which is worrisome. However, the change in cash shows a slight improvement, with an increase from 2017 to 2018. Operating activities seem to be consuming cash rather than generating it, evidenced by negative values in total cash from operating activities, which could indicate operational challenges.