Danimer Scientific (MEX:DNMR) Total Assets: MXN12,676.0 Mil (As of Sep. 2024)


MEX:DNMR Danimer Scientific Inc MEX:DNMR
12 GF Score
Price MXN3,494.00
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What is Danimer Scientific Total Assets?

Danimer Scientific MEX:DNMR 12 Total Assets is MXN12,676.0 Mil as of Sep. 2024. GuruFocus rates MEX:DNMR with a GF Score™ of 12/100.

Danimer Scientific's Total Assets for the quarter that ended in Sep. 2024 was MXN12,676.0 Mil.

Total Assets is connected with ROA %. Danimer Scientific's annualized ROA % for the quarter that ended in Sep. 2024 was -13.82%. Total Assets is also linked to Revenue through Asset Turnover. Danimer Scientific's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Danimer Scientific  (MEX:DNMR) Total Assets Explanation

Total Assets is connected with ROA %.

Danimer Scientific's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-1720.064/( (12211.081+12676.024)/ 2 )
=-1720.064/12443.5525
=-13.82 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Danimer Scientific's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=169.927/( (12211.081+12676.024)/ 2 )
=169.927/12443.5525
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Danimer Scientific Total Assets Related Terms

Danimer Scientific Total Assets Historical Data

* Premium members only.

The historical data trend for Danimer Scientific's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Danimer Scientific Total Assets Chart

Danimer Scientific Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
2,726.65 10,865.03 17,202.98 13,886.42 11,850.25

Danimer Scientific Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,558.43 11,850.25 11,433.58 12,211.08 12,676.02
MEX:DNMR
12GF Score
Danimer Scientific Inc MEX:DNMR
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Danimer Scientific Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Danimer Scientific's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=4719.18+7131.068
=11,850.2

Danimer Scientific's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=4166.33+8509.695
=12,676.0

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of MXN12,676.0 Mil mean?
Danimer Scientific (MEX:DNMR) has a Total Assets of MXN12,676.0 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Danimer Scientific and its competitors.
Is Danimer Scientific's Total Assets too high?
Danimer Scientific's current Total Assets is MXN12,676.0 Mil. Overall, Danimer Scientific has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Danimer Scientific's Total Assets compare to HGAS and BON?
Danimer Scientific's Total Assets of MXN12,676.0 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Chemicals company?
A good Total Assets depends on the Chemicals industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Danimer Scientific and its competitors. Danimer Scientific's current Total Assets is MXN12,676.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danimer Scientific stock overvalued right now?
Danimer Scientific (MEX:DNMR) has a current Total Assets of MXN12,676.0 Mil. The current Total Assets is MXN12,676.0 Mil. Danimer Scientific's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Danimer Scientific (MEX:DNMR), the current Total Assets is MXN12,676.0 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Danimer Scientific Business Description

Address 140 Industrial Boulevard, Bainbridge, GA, USA, 39817
Danimer Scientific Inc creates more sustainable, more natural ways to make plastic products sold under the proprietary Nodax brand name. The company's renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable. Danimer Scientific's products return to nature instead of polluting lands and waters. Its technology can be found in a vast array of plastic end-use products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles, among others. Geographically, the company generates a majority of its revenue from the United States and the rest from Germany, Poland, Belgium, and other regions.
12GF Score

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MXN3,494.00
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