Nelnet Depreciation vs Change To Netincome Analysis
NNI Stock | USD 108.92 0.16 0.15% |
Nelnet financial indicator trend analysis is infinitely more than just investigating Nelnet Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nelnet Inc is a good investment. Please check the relationship between Nelnet Depreciation and its Change To Netincome accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nelnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Depreciation vs Change To Netincome
Depreciation vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nelnet Inc Depreciation account and Change To Netincome. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nelnet's Depreciation and Change To Netincome is 0.21. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Nelnet Inc, assuming nothing else is changed. The correlation between historical values of Nelnet's Depreciation and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Nelnet Inc are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Depreciation i.e., Nelnet's Depreciation and Change To Netincome go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Nelnet Inc value has been used up. For tax purposes Nelnet can deduct the cost of the tangible assets it purchases as business expenses. However, Nelnet Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Change To Netincome
Most indicators from Nelnet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nelnet Inc 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 Nelnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The Nelnet's current Enterprise Value is estimated to increase to about 18.1 B, while Selling General Administrative is projected to decrease to under 301.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 725.2M | 816.3M | 585.0M | 517.9M | Total Revenue | 1.2B | 1.4B | 1.2B | 780.8M |
Nelnet fundamental ratios Correlations
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Nelnet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nelnet fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.7B | 22.6B | 21.7B | 19.4B | 16.7B | 24.2B | |
Short Long Term Debt Total | 21.5B | 19.9B | 17.7B | 14.6B | 11.6B | 22.2B | |
Total Stockholder Equity | 2.4B | 2.6B | 3.0B | 3.2B | 3.3B | 3.4B | |
Net Debt | 20.1B | 18.2B | 15.9B | 12.4B | 11.5B | 21.7B | |
Cash | 380.9M | 1.1B | 1.7B | 2.2B | 168.1M | 159.7M | |
Other Assets | 21.6B | 19.8B | 17.0B | 1.6B | 14.5B | 20.0B | |
Cash And Short Term Investments | 433.6M | 1.5B | 2.6B | 2.1B | 1.0B | 1.1B | |
Common Stock Shares Outstanding | 39.5M | 38.5M | 37.9M | 37.6M | 37.4M | 36.2M | |
Liabilities And Stockholders Equity | 23.7B | 22.6B | 21.7B | 19.4B | 16.7B | 24.2B | |
Non Current Liabilities Total | 20.5B | 19.3B | 17.6B | 1.5B | 13.5B | 21.6B | |
Other Stockholder Equity | (2.4B) | (2.6B) | (2.9B) | (3.2B) | 3.1M | 3.3M | |
Total Liab | 21.3B | 20.0B | 18.7B | 16.2B | 13.5B | 22.7B | |
Total Current Assets | 1.3B | 1.6B | 2.8B | 17.4B | 1.0B | 974.2M | |
Other Current Liab | (991.9M) | (577.1M) | (126.7M) | (36.0M) | (107.9M) | (113.3M) | |
Other Liab | 270.1M | 366.9M | 379.2M | 439.6M | 505.6M | 259.6M | |
Retained Earnings | 2.4B | 2.6B | 2.9B | 3.2B | 3.3B | 3.4B | |
Long Term Debt | 20.5B | 19.3B | 17.1B | 14.6B | 10.2B | 9.6B | |
Short Term Investments | 52.7M | 348.6M | 929.7M | 2.1B | 857.4M | 482.2M | |
Intangible Assets | 81.5M | 75.1M | 52.0M | 63.5M | 44.8M | 57.6M | |
Common Stock | 398K | 384K | 379K | 372K | 371K | 363.3K | |
Property Plant Equipment | 348.3M | 123.5M | 119.4M | 137.4M | 158.0M | 100.0M | |
Total Current Liabilities | 991.9M | 577.1M | 126.7M | 14.6B | (445.5M) | (423.2M) | |
Property Plant And Equipment Net | 381.0M | 141.8M | 133.7M | 122.5M | 140.6M | 109.1M | |
Accounts Payable | 47.3M | 28.7M | 9.7M | 36.0M | 35.4M | 35.6M | |
Non Current Assets Total | 821.4M | 1.3B | 1.9B | 362.9M | 1.2B | 2.3B | |
Non Currrent Assets Other | (23.7B) | (22.6B) | (21.7B) | (21.4B) | (1.2B) | (1.3B) | |
Net Receivables | 876.3M | 98.0M | 171.4M | 15.2B | 1.1B | 1.2B | |
Common Stock Total Equity | 403K | 398K | 384K | 379K | 341.1K | 370.2K | |
Property Plant And Equipment Gross | 348.3M | 123.5M | 340.8M | 356.7M | 380.8M | 399.8M | |
Accumulated Other Comprehensive Income | 3.0M | 6.1M | 9.3M | (37.4M) | (20.1M) | (21.1M) | |
Other Current Assets | (2.1B) | (1.9B) | (2.2B) | (2.4B) | (2.1B) | (2.0B) | |
Short Term Debt | 944.7M | 548.4M | 117.1M | 14.6B | 222.7M | 211.6M | |
Net Tangible Assets | 2.1B | 2.4B | 2.8B | 3.0B | 3.4B | 2.1B | |
Noncontrolling Interest In Consolidated Entity | 10.3M | 4.4M | (3.7M) | 1.6M | 1.9M | 1.8M | |
Retained Earnings Total Equity | 2.3B | 2.4B | 2.6B | 2.9B | 3.4B | 2.2B | |
Long Term Debt Total | 20.5B | 19.3B | 17.6B | 14.6B | 16.8B | 8.7B |
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When determining whether Nelnet Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nelnet'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 Nelnet Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nelnet Inc Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nelnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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 Nelnet. If investors know Nelnet 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 Nelnet 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 (0.94) | Dividend Share 1.12 | Earnings Share 3.13 | Revenue Per Share 34.204 | Quarterly Revenue Growth (0.09) |
The market value of Nelnet Inc is measured differently than its book value, which is the value of Nelnet that is recorded on the company's balance sheet. Investors also form their own opinion of Nelnet's value that differs from its market value or its book value, called intrinsic value, which is Nelnet'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 Nelnet's market value can be influenced by many factors that don't directly affect Nelnet'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 Nelnet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nelnet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nelnet'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.