Navient Total Current Assets vs Common Stock Analysis
NAVI Stock | USD 14.93 0.15 1.01% |
Navient Corp financial indicator trend analysis is infinitely more than just investigating Navient Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navient Corp is a good investment. Please check the relationship between Navient Corp Total Current Assets and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navient Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Navient Stock please use our How to Invest in Navient Corp guide.
Total Current Assets vs Common Stock
Total Current Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navient Corp Total Current Assets account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Navient Corp's Total Current Assets and Common Stock is 0.89. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Navient Corp, assuming nothing else is changed. The correlation between historical values of Navient Corp's Total Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Navient Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., Navient Corp's Total Current Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Common Stock
Most indicators from Navient Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navient Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navient Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Navient Stock please use our How to Invest in Navient Corp guide.The Navient Corp's current Sales General And Administrative To Revenue is estimated to increase to 0.16, while Selling General Administrative is projected to decrease to under 387.4 M.
2022 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 3.6B | 2.6B | Total Revenue | 1.7B | 4.4B | 3.4B |
Navient Corp fundamental ratios Correlations
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Navient Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Navient Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 94.9B | 87.4B | 80.6B | 70.8B | 61.4B | 58.3B | |
Total Stockholder Equity | 3.3B | 2.4B | 2.6B | 3.0B | 2.8B | 4.1B | |
Other Liab | 710M | 1.0B | 1.0B | 664M | 597.6M | 567.7M | |
Retained Earnings | 3.7B | 3.3B | 3.9B | 4.5B | 4.6B | 2.4B | |
Cash | 1.2B | 1.2B | 905M | 1.5B | 2.8B | 2.4B | |
Other Assets | 90.2B | 82.6B | 76.2B | 65.6B | 57.8B | 54.0B | |
Long Term Debt | 81.7B | 77.3B | 74.5B | 61.0B | 53.3B | 101.3B | |
Short Term Investments | 2M | 470M | 462M | 452M | 406.8M | 386.5M | |
Total Liab | 91.6B | 85.0B | 78.0B | 67.8B | 58.6B | 55.7B | |
Treasury Stock | (3.4B) | (3.9B) | (4.5B) | (4.9B) | (4.4B) | (4.2B) | |
Intangible Assets | 92M | 70M | 54M | 35M | 25M | 23.8M | |
Property Plant Equipment | 135M | 116M | 95M | 74M | 66.6M | 63.3M | |
Common Stock Shares Outstanding | 233M | 195M | 172M | 144M | 123M | 116.9M | |
Short Long Term Debt Total | 90.2B | 83.9B | 77.0B | 66.9B | 57.6B | 81.0B | |
Other Current Liab | (8.5B) | (6.6B) | (2.5B) | (5.9B) | (4.2B) | (4.4B) | |
Total Current Liabilities | 8.5B | 6.6B | 2.5B | 5.5B | 4.2B | 5.0B | |
Property Plant And Equipment Net | 135M | 116M | 95M | 74M | 62M | 108M | |
Net Debt | 89.0B | 82.8B | 76.1B | 65.4B | 54.8B | 79.5B | |
Non Current Assets Total | 1.1B | 1.1B | 1.1B | 1.4B | 757M | 1.2B | |
Non Currrent Assets Other | (258M) | (454M) | (369M) | 320M | (757M) | (794.9M) | |
Cash And Short Term Investments | 1.2B | 1.2B | 905M | 1.5B | 2.8B | 1.5B | |
Net Receivables | 2.3B | 2.5B | 2.4B | 2.2B | 2.3B | 2.2B | |
Liabilities And Stockholders Equity | 94.9B | 87.4B | 80.6B | 70.8B | 61.4B | 85.5B | |
Non Current Liabilities Total | 81.7B | 77.3B | 74.5B | 5.5B | 54.4B | 72.8B | |
Other Current Assets | (5.9B) | (5.6B) | (5.6B) | (6.9B) | (2.8B) | (2.7B) | |
Other Stockholder Equity | (3.9B) | (628M) | (1.2B) | (10.6B) | (1.9B) | (1.8B) | |
Property Plant And Equipment Gross | 156M | 136M | 135M | 116M | 104.4M | 125.4M | |
Total Current Assets | 3.6B | 3.7B | 3.3B | 3.8B | 2.8B | 3.7B | |
Accumulated Other Comprehensive Income | (91M) | (274M) | (133M) | 87M | 19M | 20.0M | |
Short Term Debt | 8.5B | 6.6B | 2.5B | 5.9B | 4.2B | 4.8B | |
Net Tangible Assets | 2.6B | 1.7B | 1.9B | 2.3B | 2.0B | 2.1B | |
Noncontrolling Interest In Consolidated Entity | 28M | 13M | 14M | 11M | 9.9M | 9.4M | |
Retained Earnings Total Equity | 3.7B | 3.3B | 3.9B | 4.5B | 5.2B | 3.7B | |
Long Term Debt Total | 81.7B | 77.3B | 74.5B | 61.0B | 54.9B | 77.1B | |
Capital Surpluse | 3.2B | 3.2B | 3.3B | 3.3B | 3.8B | 3.4B |
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When determining whether Navient Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Navient Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Navient Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Navient Corp Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navient Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Navient Stock please use our How to Invest in Navient Corp guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Navient Corp. If investors know Navient will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Navient Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.39) | Dividend Share 0.64 | Earnings Share 0.76 | Revenue Per Share 9.229 | Quarterly Revenue Growth 0.011 |
The market value of Navient Corp is measured differently than its book value, which is the value of Navient that is recorded on the company's balance sheet. Investors also form their own opinion of Navient Corp's value that differs from its market value or its book value, called intrinsic value, which is Navient Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Navient Corp's market value can be influenced by many factors that don't directly affect Navient Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Navient Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navient Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navient Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.