Nn Inc Stock Debt To Equity

NNBR Stock

USD 3.79 0.14 3.56%

NN Inc fundamentals help investors to digest information that contributes to NN's financial success or failures. It also enables traders to predict the movement of NN Stock. The fundamental analysis module provides a way to measure NN's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NN stock.

		Last Reported	Projected for Next Year
	Debt To Equity	0.76	0.78

As of 11/22/2024, Debt To Equity is likely to grow to 0.78.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

NN Inc Company Debt To Equity Analysis

NN's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current NN Debt To Equity

0.78 %

Most of NN's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NN Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NN Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for NN is extremely important. It helps to project a fair market value of NN Stock properly, considering its historical fundamentals such as Debt To Equity. Since NN's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NN's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NN's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.92	0.81	0.24	0.75	0.95	0.99	0.89	0.75	0.96	0.37	0.97	0.86	0.75	-0.85	0.43	0.97	0.47	0.75	-0.13	0.15	0.26	-0.04	-0.24
Total Stockholder Equity	0.92		0.73	0.15	0.64	0.94	0.86	0.95	0.74	0.86	0.51	0.83	0.79	0.6	-0.66	0.43	0.83	0.59	0.62	-0.15	0.02	0.07	-0.19	-0.16
Net Debt	0.81	0.73		0.15	0.52	0.69	0.8	0.68	0.67	0.82	0.35	0.78	0.7	0.57	-0.69	0.48	0.78	0.42	0.54	-0.36	0.29	0.24	-0.13	-0.18
Retained Earnings	0.24	0.15	0.15		0.27	0.21	0.27	0.3	-0.05	0.13	-0.7	0.35	-0.19	0.43	-0.56	-0.31	0.39	-0.68	0.5	0.55	0.71	0.92	0.92	-0.74
Accounts Payable	0.75	0.64	0.52	0.27		0.82	0.76	0.68	0.62	0.63	0.15	0.73	0.72	0.64	-0.66	0.13	0.73	0.2	0.73	0.06	0.16	0.29	0.12	-0.18
Net Receivables	0.95	0.94	0.69	0.21	0.82		0.93	0.94	0.77	0.86	0.42	0.88	0.85	0.73	-0.73	0.38	0.88	0.5	0.68	-0.07	0.04	0.16	-0.08	-0.21
Total Liab	0.99	0.86	0.8	0.27	0.76	0.93		0.84	0.73	0.96	0.32	0.98	0.85	0.77	-0.89	0.41	0.98	0.42	0.76	-0.13	0.19	0.31	0.0	-0.26
Total Current Assets	0.89	0.95	0.68	0.3	0.68	0.94	0.84		0.68	0.76	0.35	0.82	0.73	0.63	-0.63	0.26	0.82	0.42	0.63	0.04	0.03	0.16	-0.02	-0.19
Short Term Debt	0.75	0.74	0.67	-0.05	0.62	0.77	0.73	0.68		0.75	0.54	0.63	0.85	0.73	-0.54	0.77	0.63	0.59	0.44	-0.53	0.13	0.01	-0.36	-0.19
Intangible Assets	0.96	0.86	0.82	0.13	0.63	0.86	0.96	0.76	0.75		0.42	0.94	0.84	0.69	-0.86	0.55	0.94	0.53	0.71	-0.3	0.19	0.23	-0.15	-0.21
Common Stock	0.37	0.51	0.35	-0.7	0.15	0.42	0.32	0.35	0.54	0.42		0.2	0.69	0.1	0.02	0.58	0.2	0.98	-0.04	-0.5	-0.53	-0.67	-0.88	0.35
Long Term Debt	0.97	0.83	0.78	0.35	0.73	0.88	0.98	0.82	0.63	0.94	0.2		0.76	0.68	-0.91	0.29	1.0	0.32	0.82	-0.04	0.25	0.39	0.11	-0.25
Property Plant Equipment	0.86	0.79	0.7	-0.19	0.72	0.85	0.85	0.73	0.85	0.84	0.69	0.76		0.63	-0.58	0.55	0.76	0.75	0.55	-0.33	-0.15	-0.13	-0.42	0.03
Current Deferred Revenue	0.75	0.6	0.57	0.43	0.64	0.73	0.77	0.63	0.73	0.69	0.1	0.68	0.63		-0.77	0.45	0.7	0.15	0.6	-0.03	0.31	0.45	0.2	-0.64
Net Tangible Assets	-0.85	-0.66	-0.69	-0.56	-0.66	-0.73	-0.89	-0.63	-0.54	-0.86	0.02	-0.91	-0.58	-0.77		-0.31	-0.92	-0.07	-0.82	-0.02	-0.51	-0.66	-0.35	0.55
Short Term Investments	0.43	0.43	0.48	-0.31	0.13	0.38	0.41	0.26	0.77	0.55	0.58	0.29	0.55	0.45	-0.31		0.28	0.61	-0.02	-0.83	0.12	-0.14	-0.55	-0.1
Long Term Debt Total	0.97	0.83	0.78	0.39	0.73	0.88	0.98	0.82	0.63	0.94	0.2	1.0	0.76	0.7	-0.92	0.28		0.3	0.83	-0.01	0.28	0.43	0.14	-0.3
Capital Surpluse	0.47	0.59	0.42	-0.68	0.2	0.5	0.42	0.42	0.59	0.53	0.98	0.32	0.75	0.15	-0.07	0.61	0.3		0.05	-0.53	-0.53	-0.65	-0.87	0.39
Deferred Long Term Liab	0.75	0.62	0.54	0.5	0.73	0.68	0.76	0.63	0.44	0.71	-0.04	0.82	0.55	0.6	-0.82	-0.02	0.83	0.05		0.29	0.28	0.48	0.35	-0.34
Long Term Investments	-0.13	-0.15	-0.36	0.55	0.06	-0.07	-0.13	0.04	-0.53	-0.3	-0.5	-0.04	-0.33	-0.03	-0.02	-0.83	-0.01	-0.53	0.29		-0.07	0.32	0.69	-0.26
Short Long Term Debt	0.15	0.02	0.29	0.71	0.16	0.04	0.19	0.03	0.13	0.19	-0.53	0.25	-0.15	0.31	-0.51	0.12	0.28	-0.53	0.28	-0.07		0.88	0.6	-0.65
Net Invested Capital	0.26	0.07	0.24	0.92	0.29	0.16	0.31	0.16	0.01	0.23	-0.67	0.39	-0.13	0.45	-0.66	-0.14	0.43	-0.65	0.48	0.32	0.88		0.86	-0.76
Net Working Capital	-0.04	-0.19	-0.13	0.92	0.12	-0.08	0.0	-0.02	-0.36	-0.15	-0.88	0.11	-0.42	0.2	-0.35	-0.55	0.14	-0.87	0.35	0.69	0.6	0.86		-0.6
Capital Stock	-0.24	-0.16	-0.18	-0.74	-0.18	-0.21	-0.26	-0.19	-0.19	-0.21	0.35	-0.25	0.03	-0.64	0.55	-0.1	-0.3	0.39	-0.34	-0.26	-0.65	-0.76	-0.6

Click cells to compare fundamentals

NN Debt To Equity Historical Pattern

Today, most investors in NN Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NN's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NN debt to equity as a starting point in their analysis.

NN Debt To Equity

Timeline

High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Competition

Predict NN

Debt To Equity Over Time

NN Total Stockholder Equity

Total Stockholder Equity

166.37 Million

At this time, NN's Total Stockholder Equity is relatively stable compared to the past year.

According to the company disclosure, NN Inc has a Debt To Equity of 0.778%. This is 98.97% lower than that of the Machinery sector and 97.62% lower than that of the Industrials industry. The debt to equity for all United States stocks is 98.4% higher than that of the company.

NN Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NN's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NN could also be used in its relative valuation, which is a method of valuing NN by comparing valuation metrics of similar companies.

NN is currently under evaluation in debt to equity category among its peers.

NN ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NN's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NN's managers, analysts, and investors.

Environmental

Governance

Social

NN Fundamentals

	Return On Equity	-0.18
	Return On Asset	-0.0221
	Profit Margin	(0.08) %
	Operating Margin	(0.03) %
	Current Valuation	459.33 M
	Shares Outstanding	49.95 M
	Shares Owned By Insiders	9.50 %
	Shares Owned By Institutions	70.77 %
	Number Of Shares Shorted	1.85 M
	Price To Earning	1.00 X
	Price To Book	1.77 X
	Price To Sales	0.42 X
	Revenue	489.27 M
	Gross Profit	77.63 M
	EBITDA	15.4 M
	Net Income	(50.15 M)
	Cash And Equivalents	16.26 M
	Cash Per Share	0.37 X
	Total Debt	212.83 M
	Debt To Equity	0.78 %
	Current Ratio	2.45 X
	Book Value Per Share	2.13 X
	Cash Flow From Operations	29.34 M
	Short Ratio	25.65 X
	Earnings Per Share	(1.10) X
	Price To Earnings To Growth	1.68 X
	Target Price	6.67
	Number Of Employees	2.93 K
	Beta	2.97
	Market Capitalization	197.29 M
	Total Asset	510.88 M
	Retained Earnings	(295.35 M)
	Working Capital	100.94 M
	Current Asset	280.18 M
	Current Liabilities	133.35 M
	Five Year Return	2.21 %
	Net Asset	510.88 M

About NN Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NN Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NN Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with NN

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NN will appreciate offsetting losses from the drop in the long position's value.

Moving against NN Stock

0.59

VSTE

Vast Renewables

Pair Corr

The ability to find closely correlated positions to NN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NN Inc to buy it.

The correlation of NN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NN Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for NN Stock Analysis

When running NN's price analysis, check to measure NN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC