NMI Interest Income vs Depreciation And Amortization Analysis
NMIH Stock | USD 40.00 1.27 3.28% |
NMI Holdings financial indicator trend analysis is infinitely more than just investigating NMI Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NMI Holdings is a good investment. Please check the relationship between NMI Holdings Interest Income and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NMI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.
Interest Income vs Depreciation And Amortization
Interest Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NMI Holdings Interest Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between NMI Holdings' Interest Income and Depreciation And Amortization is 0.63. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of NMI Holdings, assuming nothing else is changed. The correlation between historical values of NMI Holdings' Interest Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of NMI Holdings are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Interest Income i.e., NMI Holdings' Interest Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from NMI Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NMI Holdings 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 NMI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.As of now, NMI Holdings' Enterprise Value Over EBITDA is increasing as compared to previous years. The NMI Holdings' current Enterprise Value Multiple is estimated to increase to 6.32, while Selling General Administrative is projected to decrease to under 94.8 M.
NMI Holdings fundamental ratios Correlations
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NMI Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NMI Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 2.2B | 2.5B | 2.5B | 3.0B | 3.1B | |
Short Long Term Debt Total | 164.1M | 404.6M | 402.8M | 396.1M | 409.0M | 297.9M | |
Total Current Liabilities | 22.9M | 78.1M | 88.3M | 229.0M | 96.5M | 97.7M | |
Total Stockholder Equity | 930.4M | 1.4B | 1.6B | 1.6B | 1.9B | 2.0B | |
Net Debt | 107.3M | 271.9M | 321.1M | 353.8M | 312.3M | 327.9M | |
Retained Earnings | 205.4M | 377.0M | 608.1M | 901.0M | 1.2B | 1.3B | |
Accounts Payable | 39.9M | 61.7M | 72M | 74.6M | 86.2M | 90.5M | |
Cash | 38.4M | 121.4M | 73.5M | 42.3M | 96.7M | 71.8M | |
Non Current Assets Total | 1.2B | 1.9B | 2.1B | 3.6M | 2.3B | 2.5B | |
Non Currrent Assets Other | (19.1M) | (15.0M) | (16.1M) | (2.2B) | (119.0M) | (124.9M) | |
Other Assets | (1.0B) | (1.7B) | (1.9B) | 368.6M | 1.0 | 1.05 | |
Cash And Short Term Investments | 1.2B | 1.9B | 2.2B | 2.1B | 333.3M | 316.6M | |
Common Stock Total Equity | 684K | 852K | 858K | 865K | 994.8K | 680.7K | |
Common Stock Shares Outstanding | 69.7M | 79.3M | 86.9M | 86.0M | 83.9M | 71.5M | |
Liabilities And Stockholders Equity | 1.4B | 2.2B | 2.5B | 2.5B | 3.0B | 3.1B | |
Non Current Liabilities Total | 202.1M | 505.9M | 558.8M | 673.3M | 938.9M | 985.8M | |
Other Current Assets | 244.2M | 294.2M | 323.8M | 861.9M | 617.9M | 648.8M | |
Total Liab | 202.1M | 505.9M | 558.8M | 902.3M | 1.0B | 1.1B | |
Total Current Assets | 1.2B | 2.0B | 2.2B | 2.1B | 617.9M | 1.0B | |
Short Term Debt | 1.5M | 4.0M | 2.6M | 2.6M | 2.3M | 2.2M | |
Common Stock | 684K | 852K | 858K | 865K | 873K | 702.2K | |
Other Liab | 66.6M | 124.0M | 169.8M | 194.0M | 223.1M | 234.3M | |
Property Plant And Equipment Net | 12.4M | 12.5M | 13.1M | 13.2M | 39.4M | 41.3M | |
Short Term Investments | 1.1B | 1.8B | 2.1B | 2.1B | 189.7M | 180.2M | |
Other Stockholder Equity | 707.0M | 937.9M | 955.3M | 916.1M | 841.9M | 770.6M | |
Property Plant And Equipment Gross | 7.6M | 10.5M | 12.4M | 12.5M | 14.4M | 15.1M | |
Accumulated Other Comprehensive Income | 17.3M | 53.9M | 1.5M | (204.3M) | (139.9M) | (132.9M) | |
Intangible Assets | 29.7M | 33.3M | 35.7M | 35.6M | 390K | 370.5K | |
Property Plant Equipment | 26.1M | 29.7M | 32.0M | 31.9M | 36.7M | 23.1M | |
Other Current Liab | (21.1M) | 13.7M | 13.7M | (154.4M) | 10.3M | 9.8M | |
Long Term Debt | 160.1M | 402.0M | 394.6M | 396.1M | 397.6M | 232.9M | |
Net Receivables | 46.1M | 67.4M | 80.7M | 91.3M | 104.0M | 109.2M | |
Retained Earnings Total Equity | 205.4M | 377.0M | 608.1M | 901.0M | 1.0B | 1.1B | |
Inventory | (244.2M) | (294.2M) | (323.8M) | (796.6M) | (437.3M) | (415.4M) | |
Deferred Long Term Liab | 56.4M | 112.6M | 164.2M | 193.9M | 222.9M | 234.1M | |
Net Tangible Assets | 926.8M | 1.4B | 1.6B | 1.6B | 1.9B | 973.2M | |
Long Term Investments | 1.1B | 1.8B | 2.1B | 2.1B | 2.4B | 1.4B | |
Long Term Debt Total | 160.1M | 402.0M | 400.2M | 398.7M | 458.5M | 279.4M | |
Capital Surpluse | 707.0M | 937.9M | 955.3M | 972.7M | 1.1B | 823.3M |
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When determining whether NMI Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NMI Holdings' 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 Nmi Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nmi Holdings Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NMI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Commercial & Residential Mortgage 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 NMI Holdings. If investors know NMI 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 NMI Holdings 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 0.15 | Earnings Share 4.37 | Revenue Per Share 7.914 | Quarterly Revenue Growth 0.121 | Return On Assets 0.1019 |
The market value of NMI Holdings is measured differently than its book value, which is the value of NMI that is recorded on the company's balance sheet. Investors also form their own opinion of NMI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NMI Holdings' 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 NMI Holdings' market value can be influenced by many factors that don't directly affect NMI Holdings' 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 NMI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NMI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NMI Holdings' 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.