Nelnet Other Assets vs Long Term Debt Analysis

NNI Stock  USD 105.92  0.57  0.54%   
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 Other Assets and its Long Term Debt 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.

Other Assets vs Long Term Debt

Other Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nelnet Inc Other Assets account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nelnet's Other Assets and Long Term Debt is -0.18. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Long Term Debt 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 Other Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Nelnet Inc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Assets i.e., Nelnet's Other Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Long Term Debt

Long-term debt is a debt that Nelnet Inc has held for over one year. Long-term debt appears on Nelnet Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nelnet Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Profit725.2M816.3M439.7M511.2M
Total Revenue1.2B1.4B1.0B774.1M

Nelnet fundamental ratios Correlations

0.980.170.96-0.120.65-0.180.480.860.150.99-0.150.29-0.160.17-0.33-0.310.180.240.08-0.130.080.140.190.2-0.16
0.980.010.99-0.250.66-0.320.580.910.251.0-0.260.33-0.330.01-0.38-0.440.110.370.03-0.220.040.110.230.29-0.26
0.170.01-0.060.540.110.7-0.74-0.12-0.490.060.39-0.380.761.00.510.470.61-0.890.460.30.440.35-0.28-0.530.37
0.960.99-0.06-0.340.66-0.40.640.930.350.99-0.320.38-0.39-0.06-0.47-0.490.030.44-0.03-0.28-0.020.080.250.37-0.31
-0.12-0.250.54-0.34-0.310.88-0.52-0.52-0.88-0.210.8-0.310.610.540.530.770.37-0.570.150.730.14-0.08-0.22-0.720.7
0.650.660.110.66-0.31-0.270.210.740.250.65-0.490.11-0.270.11-0.18-0.670.140.10.19-0.470.210.24-0.47-0.07-0.49
-0.18-0.320.7-0.40.88-0.27-0.68-0.47-0.81-0.280.61-0.430.760.70.560.750.29-0.720.050.460.05-0.25-0.23-0.710.49
0.480.58-0.740.64-0.520.21-0.680.60.550.56-0.340.6-0.63-0.74-0.74-0.46-0.520.96-0.44-0.25-0.44-0.310.450.67-0.32
0.860.91-0.120.93-0.520.74-0.470.60.450.89-0.630.31-0.43-0.13-0.44-0.7-0.010.44-0.02-0.60.010.040.240.41-0.63
0.150.25-0.490.35-0.880.25-0.810.550.450.24-0.640.68-0.59-0.49-0.68-0.58-0.410.56-0.27-0.56-0.30.090.220.88-0.51
0.991.00.060.99-0.210.65-0.280.560.890.24-0.210.34-0.270.05-0.4-0.380.10.350.0-0.180.010.090.230.28-0.22
-0.15-0.260.39-0.320.8-0.490.61-0.34-0.63-0.64-0.21-0.140.520.40.270.890.17-0.370.020.98-0.02-0.01-0.13-0.460.98
0.290.33-0.380.38-0.310.11-0.430.60.310.680.34-0.14-0.43-0.38-0.72-0.15-0.40.54-0.38-0.07-0.44-0.040.240.75-0.08
-0.16-0.330.76-0.390.61-0.270.76-0.63-0.43-0.59-0.270.52-0.430.760.540.690.37-0.710.230.410.20.0-0.14-0.520.46
0.170.011.0-0.060.540.110.7-0.74-0.13-0.490.050.4-0.380.760.510.480.61-0.890.460.30.440.35-0.29-0.530.37
-0.33-0.380.51-0.470.53-0.180.56-0.74-0.44-0.68-0.40.27-0.720.540.510.290.76-0.70.620.220.640.3-0.27-0.710.22
-0.31-0.440.47-0.490.77-0.670.75-0.46-0.7-0.58-0.380.89-0.150.690.480.290.08-0.48-0.110.81-0.15-0.180.04-0.350.85
0.180.110.610.030.370.140.29-0.52-0.01-0.410.10.17-0.40.370.610.760.08-0.620.790.180.790.69-0.15-0.430.18
0.240.37-0.890.44-0.570.1-0.720.960.440.560.35-0.370.54-0.71-0.89-0.7-0.48-0.62-0.53-0.29-0.52-0.390.380.64-0.36
0.080.030.46-0.030.150.190.05-0.44-0.02-0.270.00.02-0.380.230.460.62-0.110.79-0.530.070.990.82-0.22-0.370.06
-0.13-0.220.3-0.280.73-0.470.46-0.25-0.6-0.56-0.180.98-0.070.410.30.220.810.18-0.290.070.030.11-0.12-0.390.99
0.080.040.44-0.020.140.210.05-0.440.01-0.30.01-0.02-0.440.20.440.64-0.150.79-0.520.990.030.79-0.22-0.40.01
0.140.110.350.08-0.080.24-0.25-0.310.040.090.09-0.01-0.040.00.350.3-0.180.69-0.390.820.110.79-0.21-0.050.12
0.190.23-0.280.25-0.22-0.47-0.230.450.240.220.23-0.130.24-0.14-0.29-0.270.04-0.150.38-0.22-0.12-0.22-0.210.64-0.13
0.20.29-0.530.37-0.72-0.07-0.710.670.410.880.28-0.460.75-0.52-0.53-0.71-0.35-0.430.64-0.37-0.39-0.4-0.050.64-0.36
-0.16-0.260.37-0.310.7-0.490.49-0.32-0.63-0.51-0.220.98-0.080.460.370.220.850.18-0.360.060.990.010.12-0.13-0.36
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Nelnet Account Relationship Matchups

Nelnet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.7B22.6B21.7B19.4B16.7B24.2B
Short Long Term Debt Total21.5B19.9B17.7B14.6B11.6B22.2B
Total Stockholder Equity2.4B2.6B3.0B3.2B3.3B3.4B
Net Debt20.1B18.2B15.9B12.4B11.5B21.7B
Cash380.9M1.1B1.7B2.2B168.1M159.7M
Other Assets21.6B19.8B17.0B1.6B14.5B20.0B
Cash And Short Term Investments433.6M1.5B2.6B2.1B1.0B1.1B
Common Stock Shares Outstanding39.5M38.5M37.9M37.6M37.4M36.2M
Liabilities And Stockholders Equity23.7B22.6B21.7B19.4B16.7B24.2B
Non Current Liabilities Total20.5B19.3B17.6B1.5B13.5B21.6B
Other Stockholder Equity(2.4B)(2.6B)(2.9B)(3.2B)3.1M3.3M
Total Liab21.3B20.0B18.7B16.2B13.5B22.7B
Total Current Assets1.3B1.6B2.8B17.4B1.0B974.2M
Other Current Liab(991.9M)(577.1M)(126.7M)(36.0M)(107.9M)(113.3M)
Other Liab270.1M366.9M379.2M439.6M505.6M259.6M
Retained Earnings2.4B2.6B2.9B3.2B3.3B3.4B
Long Term Debt20.5B19.3B17.1B14.6B10.2B9.6B
Short Term Investments52.7M348.6M929.7M2.1B857.4M482.2M
Intangible Assets81.5M75.1M52.0M63.5M44.8M57.6M
Common Stock398K384K379K372K371K363.3K
Property Plant Equipment348.3M123.5M119.4M137.4M158.0M100.0M
Total Current Liabilities991.9M577.1M126.7M14.6B(445.5M)(423.2M)
Property Plant And Equipment Net381.0M141.8M133.7M122.5M140.6M109.1M
Accounts Payable47.3M28.7M9.7M36.0M35.4M35.6M
Non Current Assets Total821.4M1.3B1.9B362.9M1.2B2.3B
Non Currrent Assets Other(23.7B)(22.6B)(21.7B)(21.4B)(1.2B)(1.3B)
Net Receivables876.3M98.0M171.4M15.2B1.1B1.2B
Common Stock Total Equity403K398K384K379K341.1K370.2K
Property Plant And Equipment Gross348.3M123.5M340.8M356.7M380.8M399.8M
Accumulated Other Comprehensive Income3.0M6.1M9.3M(37.4M)(20.1M)(21.1M)
Other Current Assets(2.1B)(1.9B)(2.2B)(2.4B)(2.1B)(2.0B)
Short Term Debt944.7M548.4M117.1M14.6B222.7M211.6M
Net Tangible Assets2.1B2.4B2.8B3.0B3.4B2.1B
Noncontrolling Interest In Consolidated Entity10.3M4.4M(3.7M)1.6M1.9M1.8M
Retained Earnings Total Equity2.3B2.4B2.6B2.9B3.4B2.2B
Long Term Debt Total20.5B19.3B17.6B14.6B16.8B8.7B

Currently Active Assets on Macroaxis

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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market 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 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.