Nano Dimension Ltd. (NNDM) Balance Sheet
NNDM balance sheet, 2025
December 31, 2025 · U.S. dollars$638.2M assets = $86.2M liabilities + $552.0M equity
Both columns are drawn to the same scale: what NNDM owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NNDM financial health
Descriptive bands, not a rating. Fiscal 2025.
NNDM balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $22.2M2016 | $638.2M2025 | +45.2%/yr | |
| Total liabilities | $2.9M2016 | $86.2M2025 | +45.7%/yr | |
| Shareholders’ equity | $19.3M2016 | $552.0M2025 | +45.2%/yr | |
| Cash & short-term investments | $12.4M2016 | $457.8M2025 | +49.4%/yr | |
| Total debt | $970,7272016 | $9.2M2025 | +28.4%/yr | |
| Net cash (debt) | $11.4M2016 | $448.6M2025 | +$437.2M | |
| Working capital | $11.4M2016 | $473.3M2025 | +$462.0M | |
| Book value per share | $0.172018 | $2.562025 | +47.4%/yr | |
| Debt / equity | 0.052016 | 0.022025 | −0.03 | |
| Shares outstanding | 91.8M2018 | 215.7M2025 | +13.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NNDM assets
NNDM liabilities and equity
NNDM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NNDM balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $457.8M | $758.0M | $851.5M | $1.03B | $1.29B | $670.9M | $3.9M | $3.8M | $6.1M | $12.4M |
| Cash & equivalents | $204.7M | $317.2M | $309.6M | $685.4M | $853.6M | $585.3M | $3.9M | $3.8M | $6.1M | $12.4M |
| Short-term investments | $253.2M | $440.8M | $542.0M | $346.7M | $437.6M | $85.6M | — | — | $106,000 | $130,000 |
| Receivables | $28.8M | $12.5M | $22.2M | $12.8M | $4.6M | $1.1M | $2.4M | $1.7M | $449,000 | $814,000 |
| Inventory | $32.9M | $16.9M | $18.4M | $19.4M | $11.2M | $3.3M | $3.5M | $3.1M | $2.3M | −$225,724 |
| Other current assets | $6.3M | $1.9M | $1.8M | $60,000 | $4.9M | $758,000 | $31,000 | $226,000 | $333,024 | $354,895 |
| Total current assets | $525.8M | $789.3M | $894.0M | $1.06B | $1.31B | $676.1M | $9.9M | $8.8M | $9.2M | $13.3M |
| Property, plant & equipment (net) | $48.6M | $23.4M | $28.8M | $22.4M | $12.2M | $8.3M | $7.4M | $5.2M | $5.2M | $2.0M |
| Goodwill & intangible assets | $61.3M | $2.2M | $2.2M | $0 | $0 | $4.4M | $5.2M | $6.0M | $6.7M | $6.8M |
| Long-term investments | $0 | $86.2M | $138.4M | $115.0M | $64.4M | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.4M | $768,000 | $881,000 | $1.8M | $1.5M | $406,000 | $377,000 | $347,000 | $345,553 | $110,487 |
| Total assets | $638.2M | $901.9M | $1.06B | $1.20B | $1.39B | $689.3M | $22.9M | $20.3M | $21.4M | $22.2M |
| Liabilities | ||||||||||
| Accounts payable | $12.0M | $4.2M | $4.7M | $3.7M | $2.8M | $776,000 | $850,000 | $1.4M | $512,000 | $679,000 |
| Short-term debt | $9.1M | $4.0M | $4.5M | $4.8M | $2.1M | $1.1M | $1.1M | $1.2M | $1.2M | $970,727 |
| Deferred revenue | $14.6M | $3.7M | $4.1M | $3.8M | $3.4M | $1.2M | $1.2M | $905,000 | $413,741 | $262,829 |
| Total current liabilities | $52.5M | $30.8M | $34.5M | $37.0M | $32.0M | $6.7M | $4.4M | $3.6M | $2.2M | $2.0M |
| Long-term debt | $158,000 | $276,000 | $595,000 | $736,000 | $1.1M | $0 | $2.1M | $0 | $0 | $0 |
| Lease obligations | $8.9M | $10.5M | $13.2M | $12.4M | $5.4M | $3.8M | $3.1M | — | — | — |
| Other long-term liabilities | $33.6M | $12.1M | $13.5M | $15.4M | $12.6M | $15.5M | $4.7M | $1.1M | $1.1M | $955,389 |
| Total liabilities | $86.2M | $43.2M | $48.6M | $53.2M | $45.7M | $22.1M | $11.3M | $4.7M | $3.3M | $2.9M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $417.1M | $409.1M | $400.7M | $388.4M | $386.7M | $257.2M | $6.4M | $3.3M | $1.9M | $1.4M |
| Retained earnings (deficit) | −$971.0M | −$687.1M | −$591.2M | −$536.7M | −$309.2M | −$108.5M | −$60.0M | −$51.6M | −$38.4M | −$18.4M |
| Treasury stock | — | — | — | — | — | — | −$1.5M | −$1.5M | −$1.5M | −$1.5M |
| Accumulated other comprehensive income | $1.0M | −$1.0M | $3.6M | $3.1M | $1.4M | $1.4M | $1.4M | $1.4M | $7.4M | $5.6M |
| Minority interest | $0 | $715,000 | $1.0M | $767,000 | — | — | — | — | — | — |
| Total shareholders' equity | $552.0M | $858.0M | $1.01B | $1.15B | $1.34B | $667.1M | $11.6M | $15.6M | $18.1M | $19.3M |
| Key figures | ||||||||||
| Total debt | $9.2M | $10.8M | $13.8M | $18.0M | $6.5M | $3.8M | $3.1M | $1.2M | $1.2M | $970,727 |
| Net cash (debt) | $448.6M | $747.2M | $837.7M | $1.01B | $1.28B | $667.2M | $750,000 | $2.5M | $4.9M | $11.4M |
| Working capital | $473.3M | $758.5M | $859.5M | $1.03B | $1.28B | $669.5M | $5.4M | $5.2M | $7.0M | $11.4M |
| Tangible book value | $490.6M | $855.8M | $1.01B | $1.15B | $1.34B | $662.7M | $6.4M | $9.6M | $11.4M | $12.5M |
| Book value per share | $2.56 | $3.93 | $4.09 | $4.46 | $5.41 | $3.68 | $0.07 | $0.17 | — | — |
| Shares outstanding | 215.7M | 218.4M | 248.1M | 257.9M | 248.1M | 181.3M | 175.6M | 91.8M | — | — |
| Current ratio | 10.02 | 25.61 | 25.93 | 28.74 | 41.00 | 101.13 | 2.23 | 2.44 | 4.20 | 6.77 |
| Quick ratio | 9.28 | 25.00 | 25.35 | 28.21 | 40.50 | 100.52 | 1.42 | 1.51 | 2.99 | 6.71 |
| Debt / equity | 0.02 | 0.01 | 0.01 | 0.02 | 0.00 | 0.01 | 0.27 | 0.08 | 0.07 | 0.05 |
| Equity / assets | 86.5% | 95.1% | 95.3% | 95.5% | 96.6% | 96.8% | 50.8% | 76.7% | 84.5% | 86.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $432.1M | $439.8M | $457.8M | $513.8M | $438.1M | $744.7M | $758.0M | $760.8M | $763.8M | $793.0M | $851.5M | $872.7M |
| Cash & equivalents | $349.1M | $355.3M | $204.7M | $299.4M | $184.5M | $487.4M | $317.2M | $213.7M | $231.8M | $251.9M | $309.6M | $489.3M |
| Short-term investments | $83.0M | $84.5M | $253.2M | $214.5M | $253.6M | $257.2M | $440.8M | $547.1M | $532.0M | $541.2M | $542.0M | $383.4M |
| Receivables | $26.2M | $22.7M | $28.8M | $22.1M | $33.2M | $17.4M | $9.1M | $17.3M | $17.3M | $18.3M | $22.2M | $15.2M |
| Inventory | $28.3M | $31.7M | $32.9M | $38.6M | $42.5M | $16.8M | $16.9M | $19.5M | $19.3M | $19.7M | $18.4M | $21.3M |
| Other current assets | $10.5M | $11.2M | $6.3M | $7.7M | $143.4M | $60,000 | $5.3M | $59,929 | $60,000 | $60,000 | $1.8M | $60,000 |
| Total current assets | $497.1M | $505.4M | $525.8M | $582.2M | $657.2M | $778.9M | $789.3M | $797.6M | $800.5M | $831.0M | $894.0M | $909.2M |
| Property, plant & equipment (net) | $39.3M | $46.1M | $48.6M | $50.6M | $60.2M | $21.5M | $24.1M | $26.8M | $26.1M | $27.2M | $28.8M | $27.8M |
| Goodwill & intangible assets | $17.5M | $18.3M | $61.3M | $55.8M | $57.0M | $2.1M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $111.2M | $94.9M | $86.2M | $80.6M | $81.3M | $112.7M | $138.4M | $132.0M |
| Other non-current assets | $2.9M | $3.4M | $2.4M | $3.3M | $3.2M | $766,000 | $688,000 | $861,000 | $875,007 | $879,000 | $881,000 | $1.9M |
| Total assets | $556.8M | $573.2M | $638.2M | $691.9M | $888.8M | $898.2M | $902.5M | $908.1M | $911.0M | $974.0M | $1.06B | $1.07B |
| Liabilities | ||||||||||||
| Accounts payable | $10.1M | $13.0M | $12.0M | $12.1M | $12.0M | $30.7M | $4.2M | $3.4M | $2.9M | $4.1M | $4.7M | $8.1M |
| Short-term debt | — | $8.8M | $9.1M | $9.0M | $9.7M | $4.1M | — | $4.2M | $3.7M | $4.3M | $4.5M | $38,000 |
| Deferred revenue | $10.4M | $13.2M | $14.6M | $11.6M | $12.0M | $3.7M | — | — | $1 | — | $4.1M | −$38,000 |
| Total current liabilities | $46.6M | $56.1M | $52.5M | $49.8M | $188.8M | $53.5M | $30.1M | $27.8M | $27.0M | $30.4M | $34.5M | $37.0M |
| Long-term debt | $77,000 | $117,000 | $158,000 | $196,000 | $235,000 | $248,000 | $276,000 | $333,000 | $347,000 | $380,000 | $595,000 | $588,000 |
| Lease obligations | $27.0M | $30.2M | $8.9M | $8.8M | $35.8M | $9.8M | $3.4M | $11.4M | $11.2M | $12.2M | $13.2M | $9.0M |
| Other long-term liabilities | $28.6M | $31.6M | $33.6M | $39.2M | $40.3M | $11.6M | $11.4M | $12.4M | $13.4M | $13.9M | $13.5M | $13.3M |
| Total liabilities | $75.3M | $87.8M | $86.2M | $89.1M | $229.3M | $65.3M | $41.8M | $40.5M | $40.7M | $44.7M | $48.6M | $50.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $423.3M | $419.0M | $417.1M | $417.1M | $412.8M | $411.0M | — | $407.3M | $405.7M | $404.4M | $400.7M | $399.3M |
| Retained earnings (deficit) | −$1.05B | −$1.04B | −$971.0M | −$937.0M | −$884.0M | −$710.9M | −$677.7M | −$678.3M | −$670.0M | −$626.0M | −$591.2M | −$590.2M |
| Accumulated other comprehensive income | $2.1M | $1.2M | $1.0M | $624,000 | $582,000 | −$437,000 | — | $1.9M | $526,000 | $523,000 | $3.6M | $2.4M |
| Minority interest | $0 | — | $0 | $0 | $0 | — | — | — | — | — | — | — |
| Total shareholders' equity | $481.5M | $485.4M | $552.0M | $602.8M | $659.5M | $832.4M | $860.0M | $866.6M | $869.6M | $928.4M | $1.01B | $1.02B |
| Key figures | ||||||||||||
| Total debt | $19.8M | $30.4M | $9.2M | $9.2M | $36.2M | $10.2M | $276,000 | $11.9M | $11.7M | $12.6M | $13.8M | $9.6M |
| Net cash (debt) | $412.3M | $409.3M | $448.6M | $504.6M | $402.0M | $734.5M | $757.7M | $748.8M | $752.1M | $780.4M | $837.7M | $863.1M |
| Working capital | $450.5M | $449.3M | $473.3M | $532.4M | $468.4M | $725.4M | $759.2M | $769.8M | $773.4M | $800.6M | $859.5M | $872.2M |
| Tangible book value | $464.0M | $467.1M | $490.6M | $547.0M | $602.5M | $830.3M | $857.8M | $864.4M | $867.4M | $926.2M | $1.01B | $1.02B |
| Book value per share | $2.30 | $2.34 | $2.56 | $2.76 | $3.02 | $3.85 | $3.99 | $5.19 | $3.96 | $4.01 | $4.91 | $3.99 |
| Shares outstanding | 209.3M | 207.5M | 215.7M | 218.1M | 218.1M | 216.1M | 215.8M | 166.9M | 219.9M | 231.8M | 206.6M | 256.2M |
| Current ratio | 10.66 | 9.01 | 10.02 | 11.70 | 3.48 | 14.55 | 26.22 | 28.65 | 29.64 | 27.32 | 25.93 | 24.57 |
| Quick ratio | 9.83 | 8.25 | 9.28 | 10.77 | 2.50 | 14.23 | 25.48 | 27.95 | 28.92 | 26.67 | 25.35 | 23.99 |
| Debt / equity | 0.04 | 0.06 | 0.02 | 0.02 | 0.05 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Equity / assets | 86.5% | 84.7% | 86.5% | 87.1% | 74.2% | 92.7% | 95.3% | 95.4% | 95.5% | 95.3% | 95.3% | 95.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 31, 2026); data from EODHD.
NNDM financial position
At the end of fiscal 2025 (December 31, 2025), Nano Dimension had total assets of $638.2 million (down 29.2% from a year earlier), total liabilities of $86.2 million and shareholders' equity of $552.0 million. It held $457.8 million in cash and short-term investments against $9.2 million of debt, a net cash position of $448.6 million. Its current ratio was 10.02. In the latest quarter (ended June 30, 2026) total assets were $556.8 million and equity $481.5 million.
Related: NNDM income statement, NNDM cash flow statement, NNDM key metrics. See the NNDM stock overview for the latest quote and news.
NNDM balance sheet FAQ
What are Nano Dimension's total assets?
Nano Dimension reported total assets of $638.2 million at the end of fiscal 2025 (December 31, 2025), compared with $901.9 million a year earlier.
How much debt does Nano Dimension have?
Nano Dimension had $9.2 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.02.
How much cash does Nano Dimension have?
Nano Dimension held $457.8 million in cash and short-term investments at the end of fiscal 2025; with $9.2 million of debt that is net cash of $448.6 million.
What is Nano Dimension's book value?
Nano Dimension's shareholders' equity (book value) was $552.0 million at the end of fiscal 2025, or $2.56 per share.
What is Nano Dimension's current ratio?
Nano Dimension had current assets of $525.8 million and current liabilities of $52.5 million, a current ratio of 10.02 (it can cover its short-term obligations).
How much goodwill does Nano Dimension have?
Nano Dimension carried $61.3 million of goodwill and intangible assets, 9.6% of total assets, at the end of fiscal 2025.