NN Historical Balance Sheet

NNBR Stock  USD 2.65  0.05  1.92%   
Trend analysis of NN Inc balance sheet accounts such as Total Current Liabilities of 73.5 M provides information on NN's total assets, liabilities, and equity, which is the actual value of NN Inc to its prevalent stockholders. By breaking down trends over time using NN balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining NN Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NN Inc is a good buy for the upcoming year.

NN Inventory

54.97 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NN 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 bureau of labor statistics.

About NN Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of NN Inc at a specified time, usually calculated after every quarter, six months, or one year. NN Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NN and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NN currently owns. An asset can also be divided into two categories, current and non-current.

NN Balance Sheet Chart

At this time, NN's Common Stock is relatively stable compared to the past year. As of 01/18/2025, Long Term Debt is likely to grow to about 264 M, while Short and Long Term Debt Total is likely to drop slightly above 241.1 M.

Total Assets

Total assets refers to the total amount of NN assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NN Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on NN balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NN Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from NN's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NN Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 NN 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 bureau of labor statistics.
At this time, NN's Common Stock is relatively stable compared to the past year. As of 01/18/2025, Long Term Debt is likely to grow to about 264 M, while Short and Long Term Debt Total is likely to drop slightly above 241.1 M.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total209.4M212.8M244.8M241.1M
Total Assets546.1M510.9M587.5M504.9M

NN balance sheet Correlations

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0.990.990.390.870.860.850.80.280.751.0-0.030.92-0.031.00.890.80.320.340.840.730.350.350.260.960.14
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0.420.370.130.190.60.180.30.380.110.32-0.070.49-0.010.360.120.350.070.350.040.740.221.00.030.27-0.01
0.420.370.130.190.60.180.30.380.110.32-0.070.49-0.010.360.120.350.070.350.040.740.221.00.030.27-0.01
0.320.220.750.320.480.620.31-0.740.170.31-0.380.40.770.250.460.340.870.260.690.330.490.030.030.350.84
0.960.960.410.780.850.820.820.170.620.98-0.120.850.070.970.830.760.420.960.350.750.750.270.270.350.25
0.190.120.820.190.330.450.2-0.850.070.18-0.290.240.950.140.30.20.960.140.880.190.34-0.01-0.010.840.25
Click cells to compare fundamentals

NN Account Relationship Matchups

NN balance sheet Accounts

202020212022202320242025 (projected)
Total Assets625.0M579.1M546.1M510.9M587.5M504.9M
Short Long Term Debt Total143.8M211.1M209.4M212.8M244.8M241.1M
Other Current Liab37.3M20.8M20.8M23.9M27.5M28.9M
Total Current Liabilities103.2M74.0M78.8M81.6M93.9M73.5M
Total Stockholder Equity254.2M224.2M251.0M202.8M233.2M166.4M
Property Plant And Equipment Net274.0M255.5M244.4M229.2M263.5M172.4M
Net Debt95.6M182.5M196.6M190.9M219.6M175.8M
Retained Earnings(205.9M)(219.1M)(245.2M)(295.3M)(265.8M)(252.5M)
Accounts Payable37.4M36.7M45.9M45.5M52.3M39.4M
Non Current Assets Total409.7M382.8M354.4M328.3M377.6M353.2M
Non Currrent Assets Other(52.5M)4.2M5.3M7.0M6.3M6.6M
Net Receivables93.4M83.2M86.3M77.4M89.0M67.5M
Common Stock Shares Outstanding42.2M44.0M44.7M46.7M53.7M56.4M
Liabilities And Stockholders Equity625.0M579.1M546.1M510.9M587.5M503.8M
Non Current Liabilities Total267.6M280.9M216.4M226.5M260.4M261.1M
Inventory62.5M75.0M80.7M71.6M82.3M55.0M
Other Current Assets11.1M9.4M11.9M11.7M13.4M9.0M
Other Stockholder Equity388.2M421.0M532.8M457.6M526.3M552.6M
Total Liab370.8M354.9M295.2M308.1M354.3M334.5M
Property Plant And Equipment Gross274.0M453.5M244.4M483.2M555.7M583.4M
Total Current Assets215.2M196.3M191.7M182.6M209.9M151.6M
Accumulated Other Comprehensive Income(33.7M)(31.9M)(37.1M)(37.8M)(34.0M)(32.3M)
Short Term Debt25.0M14.5M11.2M11.7M13.4M11.3M
Cash48.1M28.7M12.8M21.9M25.2M22.7M
Cash And Short Term Investments48.1M28.7M12.8M21.9M25.2M22.7M
Common Stock Total Equity423K427K430K439K504.9K256.9K
Intangible Assets103.1M88.7M72.9M58.7M67.5M93.8M
Common Stock427K430K439K473K544.0K571.1K
Other Liab111.2M16.5M24.7M8.8M10.1M9.6M
Other Assets8.9M83.0M4.5M4.4M5.0M4.8M
Long Term Debt79.0M151.1M149.4M149.4M171.8M264.0M
Property Plant Equipment374.5M274.0M255.5M244.4M281.0M210.6M
Current Deferred Revenue31.5M24.9M19.8M(524K)(602.6K)(572.5K)
Net Tangible Assets(322.1M)151.1M278.0M251.0M288.6M303.0M
Retained Earnings Total Equity(105.3M)(205.9M)(219.1M)(245.2M)(220.7M)(209.6M)
Long Term Debt Total757.4M79.0M151.1M149.4M171.8M163.2M
Capital Surpluse501.6M493.3M474.8M468.1M538.4M328.0M
Capital Lease Obligations59.9M57.0M56.7M53.0M61.0M34.1M

Pair Trading with NN

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NN will appreciate offsetting losses from the drop in the long position's value.

Moving together with NN Stock

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Moving against NN Stock

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The ability to find closely correlated positions to NN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NN Inc to buy it.
The correlation of NN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NN Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for NN Stock Analysis

When running NN's price analysis, check to measure NN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.