NN Capital Surpluse vs Long Term Debt Analysis
NNBR Stock | USD 3.59 0.31 9.45% |
NN financial indicator trend analysis is infinitely more than just investigating NN Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NN Inc is a good investment. Please check the relationship between NN Capital Surpluse and its Long Term Debt accounts. 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Capital Surpluse vs Long Term Debt
Capital Surpluse vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NN Inc Capital Surpluse account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between NN's Capital Surpluse and Long Term Debt is 0.32. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of NN Inc, assuming nothing else is changed. The correlation between historical values of NN's Capital Surpluse 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 Capital Surpluse of NN 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 Capital Surpluse i.e., NN's Capital Surpluse and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capital Surpluse
Long Term Debt
Long-term debt is a debt that NN Inc has held for over one year. Long-term debt appears on NN 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 NN 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 NN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 NN Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, NN's Tax Provision is relatively stable compared to the past year. As of 05/23/2024, Enterprise Value Over EBITDA is likely to grow to 16.32, while Discontinued Operations is likely to drop slightly above 1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 11.2M | 15.0M | 24.3M | 14.4M | Depreciation And Amortization | 46.2M | 47.2M | 46.1M | 28.3M |
NN fundamental ratios Correlations
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NN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NN fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 625.0M | 579.1M | 546.1M | 510.9M | 504.9M | |
Short Long Term Debt Total | 850.2M | 143.8M | 211.1M | 209.4M | 212.8M | 209.8M | |
Other Current Liab | 24.9M | 31.3M | 8.7M | 24.3M | 23.9M | 25.1M | |
Total Current Liabilities | 139.5M | 103.2M | 74.0M | 78.8M | 81.6M | 73.5M | |
Total Stockholder Equity | 353.3M | 254.2M | 224.2M | 251.0M | 202.8M | 166.4M | |
Property Plant And Equipment Net | 440.0M | 274.0M | 255.5M | 244.4M | 229.2M | 172.4M | |
Net Debt | 818.5M | 95.6M | 182.5M | 196.6M | 190.9M | 175.8M | |
Retained Earnings | (105.3M) | (205.9M) | (219.1M) | (245.2M) | (295.3M) | (280.6M) | |
Accounts Payable | 57.3M | 37.4M | 36.7M | 45.9M | 45.5M | 39.4M | |
Non Current Assets Total | 1.2B | 409.7M | 382.8M | 354.4M | 328.3M | 353.2M | |
Non Currrent Assets Other | (36.3M) | (52.5M) | 4.2M | 5.3M | 7.0M | 7.4M | |
Net Receivables | 137.5M | 93.4M | 83.2M | 86.3M | 77.4M | 67.5M | |
Common Stock Shares Outstanding | 42.0M | 42.2M | 44.0M | 44.7M | 46.7M | 24.6M | |
Liabilities And Stockholders Equity | 1.5B | 625.0M | 579.1M | 546.1M | 510.9M | 503.8M | |
Non Current Liabilities Total | 1.0B | 267.6M | 280.9M | 216.4M | 226.5M | 261.1M | |
Inventory | 118.7M | 62.5M | 75.0M | 80.7M | 71.6M | 55.0M | |
Other Current Assets | 15.0M | 11.1M | 9.4M | 9.1M | 11.7M | 8.9M | |
Other Stockholder Equity | 409.7M | 388.2M | 421.0M | 468.1M | 457.6M | 480.5M | |
Total Liab | 1.2B | 370.8M | 354.9M | 295.2M | 308.1M | 334.5M | |
Property Plant And Equipment Gross | 440.0M | 274.0M | 453.5M | 244.4M | 483.2M | 507.3M | |
Total Current Assets | 303.0M | 215.2M | 196.3M | 191.7M | 182.6M | 151.6M | |
Accumulated Other Comprehensive Income | (44.6M) | (33.7M) | (31.9M) | (37.1M) | (37.8M) | (35.9M) | |
Short Term Debt | 25.8M | 9.7M | 8.8M | 8.6M | 11.7M | 10.4M | |
Cash | 31.7M | 48.1M | 28.7M | 12.8M | 21.9M | 22.7M | |
Cash And Short Term Investments | 31.7M | 48.1M | 28.7M | 12.8M | 21.9M | 22.7M | |
Common Stock Total Equity | 423K | 427K | 430K | 439K | 504.9K | 256.9K | |
Intangible Assets | 329.3M | 103.1M | 88.7M | 72.9M | 58.7M | 93.8M | |
Common Stock | 423K | 427K | 430K | 439K | 473K | 266.8K | |
Other Liab | 111.2M | 16.5M | 24.7M | 8.8M | 10.1M | 9.6M | |
Other Assets | 8.9M | 83.0M | 4.5M | 4.4M | 5.0M | 4.8M | |
Long Term Debt | 757.4M | 79.0M | 151.1M | 149.4M | 149.4M | 264.0M | |
Property Plant Equipment | 374.5M | 274.0M | 255.5M | 244.4M | 281.0M | 210.6M | |
Current Deferred Revenue | 31.5M | 24.9M | 19.8M | 524K | 602.6K | 572.5K | |
Net Tangible Assets | (322.1M) | 151.1M | 278.0M | 251.0M | 288.6M | 303.0M | |
Retained Earnings Total Equity | (105.3M) | (205.9M) | (219.1M) | (245.2M) | (220.7M) | (209.6M) | |
Long Term Debt Total | 757.4M | 79.0M | 151.1M | 149.4M | 171.8M | 163.2M | |
Capital Surpluse | 501.6M | 493.3M | 474.8M | 468.1M | 538.4M | 328.0M |
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Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the NN Inc information on this page should be used as a complementary analysis to other NN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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Is NN'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 NN. If investors know NN 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 NN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.40) | Revenue Per Share 10.21 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) | Return On Equity (0.23) |
The market value of NN Inc is measured differently than its book value, which is the value of NN that is recorded on the company's balance sheet. Investors also form their own opinion of NN's value that differs from its market value or its book value, called intrinsic value, which is NN'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 NN's market value can be influenced by many factors that don't directly affect NN'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 NN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NN'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.