Nelnet Inc Stock Current Ratio
NNI Stock | USD 106.14 1.77 1.64% |
Nelnet Inc fundamentals help investors to digest information that contributes to Nelnet's financial success or failures. It also enables traders to predict the movement of Nelnet Stock. The fundamental analysis module provides a way to measure Nelnet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nelnet stock.
Nelnet |
Nelnet Inc Company Current Ratio Analysis
Nelnet's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Nelnet Current Ratio | 13.09 X |
Most of Nelnet's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nelnet Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
In accordance with the recently published financial statements, Nelnet Inc has a Current Ratio of 13.09 times. This is 223.21% higher than that of the Consumer Finance sector and 61.41% higher than that of the Financials industry. The current ratio for all United States stocks is notably lower than that of the firm.
Nelnet Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nelnet's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nelnet could also be used in its relative valuation, which is a method of valuing Nelnet by comparing valuation metrics of similar companies.Nelnet is currently under evaluation in current ratio category among related companies.
Nelnet Fundamentals
Return On Equity | 0.0316 | ||||
Return On Asset | 0.0061 | ||||
Profit Margin | 0.11 % | ||||
Operating Margin | 0.25 % | ||||
Current Valuation | 14.28 B | ||||
Shares Outstanding | 25.7 M | ||||
Shares Owned By Insiders | 38.18 % | ||||
Shares Owned By Institutions | 49.61 % | ||||
Number Of Shares Shorted | 254.66 K | ||||
Price To Earning | 10.94 X | ||||
Price To Book | 1.07 X | ||||
Price To Sales | 2.96 X | ||||
Revenue | 2.13 B | ||||
Gross Profit | 1.35 B | ||||
EBITDA | 1.09 B | ||||
Net Income | 89.61 M | ||||
Cash And Equivalents | 118.15 M | ||||
Cash Per Share | 3.45 X | ||||
Total Debt | 11.84 B | ||||
Debt To Equity | 5.21 % | ||||
Current Ratio | 13.09 X | ||||
Book Value Per Share | 90.03 X | ||||
Cash Flow From Operations | 432.9 M | ||||
Short Ratio | 2.99 X | ||||
Earnings Per Share | 3.70 X | ||||
Price To Earnings To Growth | (1.93) X | ||||
Target Price | 96.0 | ||||
Number Of Employees | 7.55 K | ||||
Beta | 0.84 | ||||
Market Capitalization | 3.93 B | ||||
Total Asset | 16.74 B | ||||
Retained Earnings | 3.28 B | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 1.18 % | ||||
Net Asset | 16.74 B | ||||
Last Dividend Paid | 1.08 |
About Nelnet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nelnet Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nelnet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nelnet Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Nelnet Piotroski F Score and Nelnet Altman Z Score analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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When running Nelnet's price analysis, check to measure Nelnet'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 Nelnet is operating at the current time. Most of Nelnet's value examination focuses on studying past and present price action to predict the probability of Nelnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nelnet's price. Additionally, you may evaluate how the addition of Nelnet to your portfolios can decrease your overall portfolio volatility.
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Is Nelnet's industry 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.
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.