Danimer Scientific Inc
Danimer Scientific, Inc., a performance polymer company, provides bioplastic replacements for traditional petroleum-based plastics in the United States, Germany, Poland, Belgium, Austria, and internationally. It produces polyhydroxyalkanoate, a biodegradable plastic feedstock alternative under the Nodax brand name for applications in films, straws, cutlery, food containers, and others; polylactic… Read more
Danimer Scientific Inc (DNMR) - Total Assets
Latest total assets as of September 2024: $643.77 Million USD
Based on the latest financial reports, Danimer Scientific Inc (DNMR) holds total assets worth $643.77 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Danimer Scientific Inc - Total Assets Trend (2019–2023)
This chart illustrates how Danimer Scientific Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Danimer Scientific Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Danimer Scientific Inc's total assets of $643.77 Million consist of 15.5% current assets and 84.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.5% |
| Accounts Receivable | $18.88 Million | 2.7% |
| Inventory | $25.27 Million | 3.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $77.79 Million | 11.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Danimer Scientific Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Danimer Scientific Inc's current assets represent 15.5% of total assets in 2023, an increase from 13.3% in 2019.
- Cash Position: Cash and equivalents constituted 8.5% of total assets in 2023, up from 4.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 1.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 11.1% of total assets.
Danimer Scientific Inc Competitors by Total Assets
Key competitors of Danimer Scientific Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Danimer Scientific Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Danimer Scientific Inc generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Danimer Scientific Inc is currently not profitable relative to its asset base.
Danimer Scientific Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.28 | 8.61 | 0.90 |
| Quick Ratio | 2.05 | 6.80 | 0.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $48.54 Million | $ 112.31 Million | $ -3.16 Million |
Danimer Scientific Inc - Advanced Valuation Insights
This section examines the relationship between Danimer Scientific Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -2.0% |
| Total Assets | $698.13 Million |
| Market Capitalization | $896.40K USD |
Valuation Analysis
Below Book Valuation: The market values Danimer Scientific Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Danimer Scientific Inc's assets decreased by 2.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Danimer Scientific Inc (2019–2023)
The table below shows the annual total assets of Danimer Scientific Inc from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $698.13 Million | -1.99% |
| 2022-12-31 | $712.27 Million | -15.06% |
| 2021-12-31 | $838.60 Million | +53.53% |
| 2020-12-31 | $546.20 Million | +277.80% |
| 2019-12-31 | $144.57 Million | -- |