Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Nano Dimension Ltd.NNDM · business equipment
GradeNonecomputable_factors_below_threshold: 2 of 14 inputs computable; 7 are required
Reliability0.91 AUCfailure model, filers with $591M to $2.67B assets; 95% interval 0.88 to 0.94; 160 events, 2020 to 2025
Peer failure rate1.01% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$591M to $2.67B assetstotal assets $638.2M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningslate filer, thin datanot computable: dilution, short runway, distress, fortress balance sheet
Inputs computable2 of 14
Graded fromfilings received through Mar 31, 2026192 days before the rescan; every figure keyed to the SEC receipt date
Last close$1.552026-10-08; market equity $327.9M; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$1.5$2NovDecJanFebMarAprMayJunJulAugSepOct$1.56
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Apr 21, 2026nonen/aQ4

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Mar 31, 2026; the document on sec.gov.

” contains information obtained from independent industry sources and other sources that we have not independently verified. We innovate and provide industrial manufacturing solutions for design-to-manufacturing of electronics and mechanical parts. These solutions are based on a combination of hardware, software, and materials science technologies. The solutions include industrial machinery, such as those for additive manufacturing, surface-mount technology, industrial inkjet printing, along with software for design, simulation, and manufacturing management, as well as materials and consumables that are used by the machinery.

Warnings [top]

Late filer. found 1 NT 10-K/Q filings in the last eight quarters
Thin data. 2 of 14 grade factors are computable; minimum is 7

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 86.7
Gross profitability5.4%[1,3]28.5%86.75582025-12-31
Return on invested capitalnot computable10.9%
one or more required annual facts are missing
Accruals rationot computable(7.4%)
a prior annual assets observation is required
Gross margin stability, five yearsnot computable2.4 pts
five annual gross margins are required; found 1
Solvency, sleeve percentile 6.9
Twelve-month failure probabilitynot computable0.05%
four consecutive discrete net-income quarters are required; found 2
Altman Z double-primenot computable2.18
one or more required annual facts are missing
Net debt to EBITDAnot computable1.11x
one or more required annual facts are missing
Interest coveragenot computable3.77x
one or more required annual facts are missing
Current ratio10.02x[4-5]2.02x6.96662025-12-31
Growth and financing
Revenue growth, three-year compoundnot computable6.4%
four annual observations are required; found 1
Free cash flow growth, three-year compoundnot computable17.2%
four consecutive annual FCF observations are required; found 1
Reinvestment ratenot computable14.3%
a prior annual working-capital observation is required
Asset growth, three yearsnot computable5.0%
four annual observations are required; found 1
Net share issuance, one yearnot computable0.5%
two annual share counts are required; found 1

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Among 497 Peers [top]

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month(0.00%)2.2%49hotter than 49 of 100 peers
Distance from 52-week high(27.1%)(30.0%)55closer to its high than 55 of 100 peers
EBIT to enterprise valuenot computable1.5%required accounting or market input is missing
Free cash flow yield(21.7%)2.7%12pricier than 88 of 100 peers
Book value to price1.460.2392pricier than 8 of 100 peers
Sales to price0.310.3051pricier than 49 of 100 peers
Composite equity issuance, five yearsnot computable3.9%a share count from five years earlier is required
Relative strength against the sector, log excess return(0.28)(0.26)49ahead of 49 of 100 peers

Inputs: market equity $328.9M; EBIT -$140.3M; free cash flow -$71.3M; book equity $481.5M; sales $102.4M; cash $349.1M[6].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-12-31
Return on assets above zeron/a
Operating cash flow above zero-$70.3M✗ fail[7]
Return on assets improvedn/a[8]
Operating cash flow exceeds net income$223.0M✓ pass[7-8]
Long-term leverage felln/a[1]
Current ratio improvedn/a[4-5]
No new shares issuedn/a[9]
Gross margin improvedn/a[2-3]
Asset turnover improvedn/a[2]
Cash, filings, liquidity
Cash and equivalentsn/a
Operating cash flow, four quartersn/a[10-11]
Months of runwaynot finite
four discrete operating-cash-flow quarters are required; found 2
Late filings, two years1
NT 10-K or NT 10-Q
Days since last periodic filing63
10-Q received Aug 7, 2026
Median daily dollar volume$2.4M
63 sessions
Days since newest grade input192

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$638.2M2025-12-312026-03-3110-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$102.4M2025-12-312026-03-3110-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$34.3M2025-12-312026-03-3110-Kfiling · viewer · series
4current assetsus-gaap:AssetsCurrent$525.8M2025-12-312026-03-3110-Kfiling · viewer · series
5current liabilitiesus-gaap:LiabilitiesCurrent$52.5M2025-12-312026-03-3110-Kfiling · viewer · series
6shares outstandingdei:EntityCommonStockSharesOutstanding210,839,0112026-08-052026-08-0710-Qfiling · viewer · series
7operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations-$70.3M2025-12-312026-03-3110-Kfiling · viewer · series
8net incomeus-gaap:NetIncomeLoss-$293.3M2025-12-312026-03-3110-Kfiling · viewer · series
9shares outstandingdei:EntityCommonStockSharesOutstanding207,986,2872026-03-202026-03-3110-Kfiling · viewer · series
10operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations-$31.0M2026-06-302026-08-0710-Qfiling · viewer · series
11operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$7.1M2026-03-312026-05-0710-Qfiling · viewer · series

Limitations [top]

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.