NMI Property Plant And Equipment Gross vs Cash 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 Property Plant And Equipment Gross and its Cash 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.

Property Plant And Equipment Gross vs Cash

Property Plant And Equipment Gross vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NMI Holdings Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NMI Holdings' Property Plant And Equipment Gross and Cash is -0.2. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash 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' Property Plant And Equipment Gross and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of NMI Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., NMI Holdings' Property Plant And Equipment Gross and Cash go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Gross

Cash

Cash refers to the most liquid asset of NMI Holdings, which is listed under current asset account on NMI Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NMI Holdings customers. The amounts must be unrestricted with restricted cash listed in a different NMI Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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

0.830.370.990.760.931.0-0.020.79-0.43-0.130.540.790.870.940.720.940.72-0.520.770.910.86-0.770.520.890.92
0.830.680.810.670.630.820.020.65-0.38-0.320.670.860.870.80.350.790.75-0.150.850.630.58-0.60.640.810.78
0.370.680.310.50.230.39-0.230.1-0.470.010.40.420.470.52-0.140.530.420.180.430.180.2-0.340.430.310.41
0.990.810.310.710.930.990.030.78-0.42-0.110.520.80.860.920.750.920.69-0.490.790.910.87-0.770.480.880.89
0.760.670.50.710.680.8-0.630.55-0.52-0.140.510.50.830.780.470.780.63-0.590.490.650.64-0.650.590.780.81
0.930.630.230.930.680.93-0.040.66-0.480.180.290.550.680.890.830.920.49-0.620.520.980.9-0.70.270.750.78
1.00.820.390.990.80.93-0.080.78-0.45-0.120.550.760.880.950.720.950.72-0.540.750.910.86-0.770.530.90.92
-0.020.02-0.230.03-0.63-0.04-0.080.040.28-0.07-0.010.16-0.24-0.120.04-0.12-0.020.330.170.02-0.10.22-0.17-0.1-0.2
0.790.650.10.780.550.660.780.040.2-0.440.270.650.660.760.380.680.45-0.340.640.630.8-0.750.240.650.77
-0.43-0.38-0.47-0.42-0.52-0.48-0.450.280.2-0.39-0.5-0.28-0.48-0.38-0.55-0.49-0.510.36-0.29-0.49-0.190.15-0.54-0.5-0.37
-0.13-0.320.01-0.11-0.140.18-0.12-0.07-0.44-0.39-0.58-0.34-0.34-0.010.180.08-0.540.05-0.380.10.14-0.03-0.57-0.37-0.29
0.540.670.40.520.510.290.55-0.010.27-0.5-0.580.620.730.380.360.390.97-0.330.660.380.06-0.110.990.80.61
0.790.860.420.80.50.550.760.160.65-0.28-0.340.620.880.70.390.690.7-0.060.990.530.58-0.650.580.750.76
0.870.870.470.860.830.680.88-0.240.66-0.48-0.340.730.880.80.530.790.82-0.40.870.670.64-0.680.750.910.9
0.940.80.520.920.780.890.95-0.120.76-0.38-0.010.380.70.80.580.990.57-0.440.680.830.89-0.820.370.760.88
0.720.35-0.140.750.470.830.720.040.38-0.550.180.360.390.530.580.630.49-0.780.370.850.63-0.360.340.710.61
0.940.790.530.920.780.920.95-0.120.68-0.490.080.390.690.790.990.630.57-0.450.670.860.87-0.80.380.760.86
0.720.750.420.690.630.490.72-0.020.45-0.51-0.540.970.70.820.570.490.57-0.420.740.560.28-0.320.950.890.75
-0.52-0.150.18-0.49-0.59-0.62-0.540.33-0.340.360.05-0.33-0.06-0.4-0.44-0.78-0.45-0.42-0.04-0.65-0.440.16-0.37-0.61-0.58
0.770.850.430.790.490.520.750.170.64-0.29-0.380.660.990.870.680.370.670.74-0.040.50.54-0.650.610.750.75
0.910.630.180.910.650.980.910.020.63-0.490.10.380.530.670.830.850.860.56-0.650.50.81-0.590.350.80.74
0.860.580.20.870.640.90.86-0.10.8-0.190.140.060.580.640.890.630.870.28-0.440.540.81-0.880.050.590.78
-0.77-0.6-0.34-0.77-0.65-0.7-0.770.22-0.750.15-0.03-0.11-0.65-0.68-0.82-0.36-0.8-0.320.16-0.65-0.59-0.88-0.12-0.5-0.73
0.520.640.430.480.590.270.53-0.170.24-0.54-0.570.990.580.750.370.340.380.95-0.370.610.350.05-0.120.790.61
0.890.810.310.880.780.750.9-0.10.65-0.5-0.370.80.750.910.760.710.760.89-0.610.750.80.59-0.50.790.86
0.920.780.410.890.810.780.92-0.20.77-0.37-0.290.610.760.90.880.610.860.75-0.580.750.740.78-0.730.610.86
Click cells to compare fundamentals

NMI Holdings Account Relationship Matchups

NMI Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B2.2B2.5B2.5B3.0B3.1B
Short Long Term Debt Total164.1M404.6M402.8M396.1M409.0M297.9M
Total Current Liabilities22.9M78.1M88.3M229.0M96.5M97.7M
Total Stockholder Equity930.4M1.4B1.6B1.6B1.9B2.0B
Net Debt107.3M271.9M321.1M353.8M312.3M327.9M
Retained Earnings205.4M377.0M608.1M901.0M1.2B1.3B
Accounts Payable39.9M61.7M72M74.6M86.2M90.5M
Cash38.4M121.4M73.5M42.3M96.7M71.8M
Non Current Assets Total1.2B1.9B2.1B3.6M2.3B2.5B
Non Currrent Assets Other(19.1M)(15.0M)(16.1M)(2.2B)(119.0M)(124.9M)
Other Assets(1.0B)(1.7B)(1.9B)368.6M1.01.05
Cash And Short Term Investments1.2B1.9B2.2B2.1B333.3M316.6M
Common Stock Total Equity684K852K858K865K994.8K680.7K
Common Stock Shares Outstanding69.7M79.3M86.9M86.0M83.9M71.5M
Liabilities And Stockholders Equity1.4B2.2B2.5B2.5B3.0B3.1B
Non Current Liabilities Total202.1M505.9M558.8M673.3M938.9M985.8M
Other Current Assets244.2M294.2M323.8M861.9M617.9M648.8M
Total Liab202.1M505.9M558.8M902.3M1.0B1.1B
Total Current Assets1.2B2.0B2.2B2.1B617.9M1.0B
Short Term Debt1.5M4.0M2.6M2.6M2.3M2.2M
Common Stock684K852K858K865K873K702.2K
Other Liab66.6M124.0M169.8M194.0M223.1M234.3M
Property Plant And Equipment Net12.4M12.5M13.1M13.2M39.4M41.3M
Short Term Investments1.1B1.8B2.1B2.1B189.7M180.2M
Other Stockholder Equity707.0M937.9M955.3M916.1M841.9M770.6M
Property Plant And Equipment Gross7.6M10.5M12.4M12.5M14.4M15.1M
Accumulated Other Comprehensive Income17.3M53.9M1.5M(204.3M)(139.9M)(132.9M)
Intangible Assets29.7M33.3M35.7M35.6M390K370.5K
Property Plant Equipment26.1M29.7M32.0M31.9M36.7M23.1M
Other Current Liab(21.1M)13.7M13.7M(154.4M)10.3M9.8M
Long Term Debt160.1M402.0M394.6M396.1M397.6M232.9M
Net Receivables46.1M67.4M80.7M91.3M104.0M109.2M
Retained Earnings Total Equity205.4M377.0M608.1M901.0M1.0B1.1B
Inventory(244.2M)(294.2M)(323.8M)(796.6M)(437.3M)(415.4M)
Deferred Long Term Liab56.4M112.6M164.2M193.9M222.9M234.1M
Net Tangible Assets926.8M1.4B1.6B1.6B1.9B973.2M
Long Term Investments1.1B1.8B2.1B2.1B2.4B1.4B
Long Term Debt Total160.1M402.0M400.2M398.7M458.5M279.4M
Capital Surpluse707.0M937.9M955.3M972.7M1.1B823.3M

Currently Active Assets on Macroaxis

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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.