Nelnet Interest Coverage vs Income Quality 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 Interest Coverage and its Income Quality 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.

Interest Coverage vs Income Quality

Interest Coverage vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nelnet Inc Interest Coverage account and Income Quality. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Nelnet's Interest Coverage and Income Quality is -0.61. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Income Quality 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 Interest Coverage and Income Quality 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 Coverage of Nelnet Inc are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Interest Coverage i.e., Nelnet's Interest Coverage and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Interest Coverage

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

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

Gross Profit Total Revenue

Nelnet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Other Liab	Retained Earnings	Long Term Debt	Short Term Investments	Intangible Assets	Common Stock	Property Plant Equipment	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables
Total Assets		0.98	0.17	0.96	-0.12	0.65	-0.18	0.48	0.86	0.15	0.99	-0.15	0.29	-0.16	0.17	-0.33	-0.31	0.18	0.24	0.08	-0.13	0.08	0.14	0.19	0.2	-0.16
Short Long Term Debt Total	0.98		0.01	0.99	-0.25	0.66	-0.32	0.58	0.91	0.25	1.0	-0.26	0.33	-0.33	0.01	-0.38	-0.44	0.11	0.37	0.03	-0.22	0.04	0.11	0.23	0.29	-0.26
Total Stockholder Equity	0.17	0.01		-0.06	0.54	0.11	0.7	-0.74	-0.12	-0.49	0.06	0.39	-0.38	0.76	1.0	0.51	0.47	0.61	-0.89	0.46	0.3	0.44	0.35	-0.28	-0.53	0.37
Net Debt	0.96	0.99	-0.06		-0.34	0.66	-0.4	0.64	0.93	0.35	0.99	-0.32	0.38	-0.39	-0.06	-0.47	-0.49	0.03	0.44	-0.03	-0.28	-0.02	0.08	0.25	0.37	-0.31
Cash	-0.12	-0.25	0.54	-0.34		-0.31	0.88	-0.52	-0.52	-0.88	-0.21	0.8	-0.31	0.61	0.54	0.53	0.77	0.37	-0.57	0.15	0.73	0.14	-0.08	-0.22	-0.72	0.7
Other Assets	0.65	0.66	0.11	0.66	-0.31		-0.27	0.21	0.74	0.25	0.65	-0.49	0.11	-0.27	0.11	-0.18	-0.67	0.14	0.1	0.19	-0.47	0.21	0.24	-0.47	-0.07	-0.49
Cash And Short Term Investments	-0.18	-0.32	0.7	-0.4	0.88	-0.27		-0.68	-0.47	-0.81	-0.28	0.61	-0.43	0.76	0.7	0.56	0.75	0.29	-0.72	0.05	0.46	0.05	-0.25	-0.23	-0.71	0.49
Common Stock Shares Outstanding	0.48	0.58	-0.74	0.64	-0.52	0.21	-0.68		0.6	0.55	0.56	-0.34	0.6	-0.63	-0.74	-0.74	-0.46	-0.52	0.96	-0.44	-0.25	-0.44	-0.31	0.45	0.67	-0.32
Non Current Liabilities Total	0.86	0.91	-0.12	0.93	-0.52	0.74	-0.47	0.6		0.45	0.89	-0.63	0.31	-0.43	-0.13	-0.44	-0.7	-0.01	0.44	-0.02	-0.6	0.01	0.04	0.24	0.41	-0.63
Other Stockholder Equity	0.15	0.25	-0.49	0.35	-0.88	0.25	-0.81	0.55	0.45		0.24	-0.64	0.68	-0.59	-0.49	-0.68	-0.58	-0.41	0.56	-0.27	-0.56	-0.3	0.09	0.22	0.88	-0.51
Total Liab	0.99	1.0	0.06	0.99	-0.21	0.65	-0.28	0.56	0.89	0.24		-0.21	0.34	-0.27	0.05	-0.4	-0.38	0.1	0.35	0.0	-0.18	0.01	0.09	0.23	0.28	-0.22
Total Current Assets	-0.15	-0.26	0.39	-0.32	0.8	-0.49	0.61	-0.34	-0.63	-0.64	-0.21		-0.14	0.52	0.4	0.27	0.89	0.17	-0.37	0.02	0.98	-0.02	-0.01	-0.13	-0.46	0.98
Other Current Liab	0.29	0.33	-0.38	0.38	-0.31	0.11	-0.43	0.6	0.31	0.68	0.34	-0.14		-0.43	-0.38	-0.72	-0.15	-0.4	0.54	-0.38	-0.07	-0.44	-0.04	0.24	0.75	-0.08
Other Liab	-0.16	-0.33	0.76	-0.39	0.61	-0.27	0.76	-0.63	-0.43	-0.59	-0.27	0.52	-0.43		0.76	0.54	0.69	0.37	-0.71	0.23	0.41	0.2	0.0	-0.14	-0.52	0.46
Retained Earnings	0.17	0.01	1.0	-0.06	0.54	0.11	0.7	-0.74	-0.13	-0.49	0.05	0.4	-0.38	0.76		0.51	0.48	0.61	-0.89	0.46	0.3	0.44	0.35	-0.29	-0.53	0.37
Long Term Debt	-0.33	-0.38	0.51	-0.47	0.53	-0.18	0.56	-0.74	-0.44	-0.68	-0.4	0.27	-0.72	0.54	0.51		0.29	0.76	-0.7	0.62	0.22	0.64	0.3	-0.27	-0.71	0.22
Short Term Investments	-0.31	-0.44	0.47	-0.49	0.77	-0.67	0.75	-0.46	-0.7	-0.58	-0.38	0.89	-0.15	0.69	0.48	0.29		0.08	-0.48	-0.11	0.81	-0.15	-0.18	0.04	-0.35	0.85
Intangible Assets	0.18	0.11	0.61	0.03	0.37	0.14	0.29	-0.52	-0.01	-0.41	0.1	0.17	-0.4	0.37	0.61	0.76	0.08		-0.62	0.79	0.18	0.79	0.69	-0.15	-0.43	0.18
Common Stock	0.24	0.37	-0.89	0.44	-0.57	0.1	-0.72	0.96	0.44	0.56	0.35	-0.37	0.54	-0.71	-0.89	-0.7	-0.48	-0.62		-0.53	-0.29	-0.52	-0.39	0.38	0.64	-0.36
Property Plant Equipment	0.08	0.03	0.46	-0.03	0.15	0.19	0.05	-0.44	-0.02	-0.27	0.0	0.02	-0.38	0.23	0.46	0.62	-0.11	0.79	-0.53		0.07	0.99	0.82	-0.22	-0.37	0.06
Total Current Liabilities	-0.13	-0.22	0.3	-0.28	0.73	-0.47	0.46	-0.25	-0.6	-0.56	-0.18	0.98	-0.07	0.41	0.3	0.22	0.81	0.18	-0.29	0.07		0.03	0.11	-0.12	-0.39	0.99
Property Plant And Equipment Net	0.08	0.04	0.44	-0.02	0.14	0.21	0.05	-0.44	0.01	-0.3	0.01	-0.02	-0.44	0.2	0.44	0.64	-0.15	0.79	-0.52	0.99	0.03		0.79	-0.22	-0.4	0.01
Accounts Payable	0.14	0.11	0.35	0.08	-0.08	0.24	-0.25	-0.31	0.04	0.09	0.09	-0.01	-0.04	0.0	0.35	0.3	-0.18	0.69	-0.39	0.82	0.11	0.79		-0.21	-0.05	0.12
Non Current Assets Total	0.19	0.23	-0.28	0.25	-0.22	-0.47	-0.23	0.45	0.24	0.22	0.23	-0.13	0.24	-0.14	-0.29	-0.27	0.04	-0.15	0.38	-0.22	-0.12	-0.22	-0.21		0.64	-0.13
Non Currrent Assets Other	0.2	0.29	-0.53	0.37	-0.72	-0.07	-0.71	0.67	0.41	0.88	0.28	-0.46	0.75	-0.52	-0.53	-0.71	-0.35	-0.43	0.64	-0.37	-0.39	-0.4	-0.05	0.64		-0.36
Net Receivables	-0.16	-0.26	0.37	-0.31	0.7	-0.49	0.49	-0.32	-0.63	-0.51	-0.22	0.98	-0.08	0.46	0.37	0.22	0.85	0.18	-0.36	0.06	0.99	0.01	0.12	-0.13	-0.36

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Nelnet Account Relationship Matchups

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:

How To Invest In Nelnet

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Is Nelnet Stock a good investment?

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What is Nelnet's Net Worth?

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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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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.

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Nelnet Interest Coverage vs Income Quality Analysis

Interest Coverage vs Income Quality

Interest Coverage vs Income Quality Correlation Analysis

Correlation Coefficient

Interest Coverage

Income Quality

Nelnet fundamental ratios Correlations

Nelnet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nelnet fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Net Debt
Property Plant And Equipment Net	+ 0.99	Property Plant Equipment

Common Stock	- 0.89	Retained Earnings
Common Stock	- 0.89	Total Stockholder Equity
Other Stockholder Equity	- 0.88	Cash
Other Stockholder Equity	- 0.81	Cash And Short Term Investments
Long Term Debt	- 0.74	Common Stock Shares Outstanding
Retained Earnings	- 0.74	Common Stock Shares Outstanding