Nelnet Total Current Assets from 2010 to 2024

NNI Stock  USD 106.61  0.26  0.24%   
Nelnet's Total Current Assets are increasing with slightly volatile movements from year to year. Total Current Assets are predicted to flatten to about 974.2 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2003-12-31
Previous Quarter
21.2 B
Current Value
20.5 B
Quarterly Volatility
10.1 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nelnet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nelnet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 75.2 M, Interest Expense of 508.4 M or Total Revenue of 780.8 M, as well as many indicators such as Price To Sales Ratio of 3.44, Dividend Yield of 0.0151 or PTB Ratio of 0.96. Nelnet financial statements analysis is a perfect complement when working with Nelnet Valuation or Volatility modules.
  
Check out the analysis of Nelnet Correlation against competitors.

Latest Nelnet's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Nelnet Inc over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Nelnet's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nelnet's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Nelnet Total Current Assets Regression Statistics

Arithmetic Mean1,975,898,297
Geometric Mean664,494,762
Coefficient Of Variation218.57
Mean Deviation2,165,887,921
Median883,969,000
Standard Deviation4,318,628,776
Sample Variance18650554.5T
Range17.4B
R-Value0.38
Mean Square Error17213274.5T
R-Squared0.14
Significance0.16
Slope365,157,472
Total Sum of Squares261107763T

Nelnet Total Current Assets History

2024974.2 M
2023B
202217.4 B
20212.8 B
20201.6 B
20191.3 B
2018180.9 M

About Nelnet Financial Statements

Investors use fundamental indicators, such as Nelnet's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Nelnet's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Total Current AssetsB974.2 M

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 the analysis of Nelnet Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity 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.