NMI Other Stockholder Equity vs Total Current Liabilities Analysis
NMIH Stock | USD 38.73 0.46 1.20% |
NMI Holdings financial indicator trend analysis is infinitely more than just investigating NMI Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NMI Holdings is a good investment. Please check the relationship between NMI Holdings Other Stockholder Equity and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NMI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.
Other Stockholder Equity vs Total Current Liabilities
Other Stockholder Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NMI Holdings Other Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between NMI Holdings' Other Stockholder Equity and Total Current Liabilities is 0.31. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of NMI Holdings, assuming nothing else is changed. The correlation between historical values of NMI Holdings' Other Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of NMI Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Stockholder Equity i.e., NMI Holdings' Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
Total Current Liabilities
Total Current Liabilities is an item on NMI Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NMI Holdings 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 indicators from NMI Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NMI Holdings 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 NMI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.As of now, NMI Holdings' Enterprise Value Over EBITDA is increasing as compared to previous years. The NMI Holdings' current Enterprise Value Multiple is estimated to increase to 6.32, while Selling General Administrative is projected to decrease to under 94.8 M.
NMI Holdings fundamental ratios Correlations
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NMI Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NMI Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 2.2B | 2.5B | 2.5B | 3.0B | 3.1B | |
Short Long Term Debt Total | 164.1M | 404.6M | 402.8M | 396.1M | 409.0M | 297.9M | |
Total Current Liabilities | 22.9M | 78.1M | 88.3M | 229.0M | 96.5M | 97.7M | |
Total Stockholder Equity | 930.4M | 1.4B | 1.6B | 1.6B | 1.9B | 2.0B | |
Net Debt | 107.3M | 271.9M | 321.1M | 353.8M | 312.3M | 327.9M | |
Retained Earnings | 205.4M | 377.0M | 608.1M | 901.0M | 1.2B | 1.3B | |
Accounts Payable | 39.9M | 61.7M | 72M | 74.6M | 86.2M | 90.5M | |
Cash | 38.4M | 121.4M | 73.5M | 42.3M | 96.7M | 71.8M | |
Non Current Assets Total | 1.2B | 1.9B | 2.1B | 3.6M | 2.3B | 2.5B | |
Non Currrent Assets Other | (19.1M) | (15.0M) | (16.1M) | (2.2B) | (119.0M) | (124.9M) | |
Other Assets | (1.0B) | (1.7B) | (1.9B) | 368.6M | 1.0 | 1.05 | |
Cash And Short Term Investments | 1.2B | 1.9B | 2.2B | 2.1B | 333.3M | 316.6M | |
Common Stock Total Equity | 684K | 852K | 858K | 865K | 994.8K | 680.7K | |
Common Stock Shares Outstanding | 69.7M | 79.3M | 86.9M | 86.0M | 83.9M | 71.5M | |
Liabilities And Stockholders Equity | 1.4B | 2.2B | 2.5B | 2.5B | 3.0B | 3.1B | |
Non Current Liabilities Total | 202.1M | 505.9M | 558.8M | 673.3M | 938.9M | 985.8M | |
Other Current Assets | 244.2M | 294.2M | 323.8M | 861.9M | 617.9M | 648.8M | |
Total Liab | 202.1M | 505.9M | 558.8M | 902.3M | 1.0B | 1.1B | |
Total Current Assets | 1.2B | 2.0B | 2.2B | 2.1B | 617.9M | 1.0B | |
Short Term Debt | 1.5M | 4.0M | 2.6M | 2.6M | 2.3M | 2.2M | |
Common Stock | 684K | 852K | 858K | 865K | 873K | 702.2K | |
Other Liab | 66.6M | 124.0M | 169.8M | 194.0M | 223.1M | 234.3M | |
Property Plant And Equipment Net | 12.4M | 12.5M | 13.1M | 13.2M | 39.4M | 41.3M | |
Short Term Investments | 1.1B | 1.8B | 2.1B | 2.1B | 189.7M | 180.2M | |
Other Stockholder Equity | 707.0M | 937.9M | 955.3M | 916.1M | 841.9M | 770.6M | |
Property Plant And Equipment Gross | 7.6M | 10.5M | 12.4M | 12.5M | 14.4M | 15.1M | |
Accumulated Other Comprehensive Income | 17.3M | 53.9M | 1.5M | (204.3M) | (139.9M) | (132.9M) | |
Intangible Assets | 29.7M | 33.3M | 35.7M | 35.6M | 390K | 370.5K | |
Property Plant Equipment | 26.1M | 29.7M | 32.0M | 31.9M | 36.7M | 23.1M | |
Other Current Liab | (21.1M) | 13.7M | 13.7M | (154.4M) | 10.3M | 9.8M | |
Long Term Debt | 160.1M | 402.0M | 394.6M | 396.1M | 397.6M | 232.9M | |
Net Receivables | 46.1M | 67.4M | 80.7M | 91.3M | 104.0M | 109.2M | |
Retained Earnings Total Equity | 205.4M | 377.0M | 608.1M | 901.0M | 1.0B | 1.1B | |
Inventory | (244.2M) | (294.2M) | (323.8M) | (796.6M) | (437.3M) | (415.4M) | |
Deferred Long Term Liab | 56.4M | 112.6M | 164.2M | 193.9M | 222.9M | 234.1M | |
Net Tangible Assets | 926.8M | 1.4B | 1.6B | 1.6B | 1.9B | 973.2M | |
Long Term Investments | 1.1B | 1.8B | 2.1B | 2.1B | 2.4B | 1.4B | |
Long Term Debt Total | 160.1M | 402.0M | 400.2M | 398.7M | 458.5M | 279.4M | |
Capital Surpluse | 707.0M | 937.9M | 955.3M | 972.7M | 1.1B | 823.3M |
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When determining whether NMI Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NMI Holdings' 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 Nmi Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nmi Holdings Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NMI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Commercial & Residential Mortgage 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 NMI Holdings. If investors know NMI 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 NMI Holdings 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 0.15 | Earnings Share 4.37 | Revenue Per Share 7.914 | Quarterly Revenue Growth 0.121 | Return On Assets 0.1019 |
The market value of NMI Holdings is measured differently than its book value, which is the value of NMI that is recorded on the company's balance sheet. Investors also form their own opinion of NMI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NMI Holdings' 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 NMI Holdings' market value can be influenced by many factors that don't directly affect NMI Holdings' 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 NMI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NMI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NMI Holdings' 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.