Nelnet Other Liab vs Total Current Liabilities Analysis

NNI Stock  USD 106.19  0.42  0.39%   
Nelnet financial indicator trend analysis is infinitely more than just investigating Nelnet Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nelnet Inc is a good investment. Please check the relationship between Nelnet Other Liab and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nelnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Liab vs Total Current Liabilities

Other Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nelnet Inc Other Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nelnet's Other Liab and Total Current Liabilities is 0.41. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Nelnet Inc, assuming nothing else is changed. The correlation between historical values of Nelnet's Other Liab 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 Liab of Nelnet Inc 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 Liab i.e., Nelnet's Other Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Other Liab

Total Current Liabilities

Total Current Liabilities is an item on Nelnet balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nelnet Inc 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 Nelnet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nelnet 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 Nelnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The Nelnet's current Enterprise Value is estimated to increase to about 18.1 B, while Selling General Administrative is projected to decrease to under 301.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit725.2M816.3M585.0M517.9M
Total Revenue1.2B1.4B1.2B780.8M

Nelnet fundamental ratios Correlations

0.980.170.96-0.120.65-0.180.480.860.150.99-0.150.29-0.160.17-0.33-0.310.180.240.08-0.130.080.140.190.2-0.16
0.980.010.99-0.250.66-0.320.580.910.251.0-0.260.33-0.330.01-0.38-0.440.110.370.03-0.220.040.110.230.29-0.26
0.170.01-0.060.540.110.7-0.74-0.12-0.490.060.39-0.380.761.00.510.470.61-0.890.460.30.440.35-0.28-0.530.37
0.960.99-0.06-0.340.66-0.40.640.930.350.99-0.320.38-0.39-0.06-0.47-0.490.030.44-0.03-0.28-0.020.080.250.37-0.31
-0.12-0.250.54-0.34-0.310.88-0.52-0.52-0.88-0.210.8-0.310.610.540.530.770.37-0.570.150.730.14-0.08-0.22-0.720.7
0.650.660.110.66-0.31-0.270.210.740.250.65-0.490.11-0.270.11-0.18-0.670.140.10.19-0.470.210.24-0.47-0.07-0.49
-0.18-0.320.7-0.40.88-0.27-0.68-0.47-0.81-0.280.61-0.430.760.70.560.750.29-0.720.050.460.05-0.25-0.23-0.710.49
0.480.58-0.740.64-0.520.21-0.680.60.550.56-0.340.6-0.63-0.74-0.74-0.46-0.520.96-0.44-0.25-0.44-0.310.450.67-0.32
0.860.91-0.120.93-0.520.74-0.470.60.450.89-0.630.31-0.43-0.13-0.44-0.7-0.010.44-0.02-0.60.010.040.240.41-0.63
0.150.25-0.490.35-0.880.25-0.810.550.450.24-0.640.68-0.59-0.49-0.68-0.58-0.410.56-0.27-0.56-0.30.090.220.88-0.51
0.991.00.060.99-0.210.65-0.280.560.890.24-0.210.34-0.270.05-0.4-0.380.10.350.0-0.180.010.090.230.28-0.22
-0.15-0.260.39-0.320.8-0.490.61-0.34-0.63-0.64-0.21-0.140.520.40.270.890.17-0.370.020.98-0.02-0.01-0.13-0.460.98
0.290.33-0.380.38-0.310.11-0.430.60.310.680.34-0.14-0.43-0.38-0.72-0.15-0.40.54-0.38-0.07-0.44-0.040.240.75-0.08
-0.16-0.330.76-0.390.61-0.270.76-0.63-0.43-0.59-0.270.52-0.430.760.540.690.37-0.710.230.410.20.0-0.14-0.520.46
0.170.011.0-0.060.540.110.7-0.74-0.13-0.490.050.4-0.380.760.510.480.61-0.890.460.30.440.35-0.29-0.530.37
-0.33-0.380.51-0.470.53-0.180.56-0.74-0.44-0.68-0.40.27-0.720.540.510.290.76-0.70.620.220.640.3-0.27-0.710.22
-0.31-0.440.47-0.490.77-0.670.75-0.46-0.7-0.58-0.380.89-0.150.690.480.290.08-0.48-0.110.81-0.15-0.180.04-0.350.85
0.180.110.610.030.370.140.29-0.52-0.01-0.410.10.17-0.40.370.610.760.08-0.620.790.180.790.69-0.15-0.430.18
0.240.37-0.890.44-0.570.1-0.720.960.440.560.35-0.370.54-0.71-0.89-0.7-0.48-0.62-0.53-0.29-0.52-0.390.380.64-0.36
0.080.030.46-0.030.150.190.05-0.44-0.02-0.270.00.02-0.380.230.460.62-0.110.79-0.530.070.990.82-0.22-0.370.06
-0.13-0.220.3-0.280.73-0.470.46-0.25-0.6-0.56-0.180.98-0.070.410.30.220.810.18-0.290.070.030.11-0.12-0.390.99
0.080.040.44-0.020.140.210.05-0.440.01-0.30.01-0.02-0.440.20.440.64-0.150.79-0.520.990.030.79-0.22-0.40.01
0.140.110.350.08-0.080.24-0.25-0.310.040.090.09-0.01-0.040.00.350.3-0.180.69-0.390.820.110.79-0.21-0.050.12
0.190.23-0.280.25-0.22-0.47-0.230.450.240.220.23-0.130.24-0.14-0.29-0.270.04-0.150.38-0.22-0.12-0.22-0.210.64-0.13
0.20.29-0.530.37-0.72-0.07-0.710.670.410.880.28-0.460.75-0.52-0.53-0.71-0.35-0.430.64-0.37-0.39-0.4-0.050.64-0.36
-0.16-0.260.37-0.310.7-0.490.49-0.32-0.63-0.51-0.220.98-0.080.460.370.220.850.18-0.360.060.990.010.12-0.13-0.36
Click cells to compare fundamentals

Nelnet Account Relationship Matchups

Nelnet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.7B22.6B21.7B19.4B16.7B24.2B
Short Long Term Debt Total21.5B19.9B17.7B14.6B11.6B22.2B
Total Stockholder Equity2.4B2.6B3.0B3.2B3.3B3.4B
Net Debt20.1B18.2B15.9B12.4B11.5B21.7B
Cash380.9M1.1B1.7B2.2B168.1M159.7M
Other Assets21.6B19.8B17.0B1.6B14.5B20.0B
Cash And Short Term Investments433.6M1.5B2.6B2.1B1.0B1.1B
Common Stock Shares Outstanding39.5M38.5M37.9M37.6M37.4M36.2M
Liabilities And Stockholders Equity23.7B22.6B21.7B19.4B16.7B24.2B
Non Current Liabilities Total20.5B19.3B17.6B1.5B13.5B21.6B
Other Stockholder Equity(2.4B)(2.6B)(2.9B)(3.2B)3.1M3.3M
Total Liab21.3B20.0B18.7B16.2B13.5B22.7B
Total Current Assets1.3B1.6B2.8B17.4B1.0B974.2M
Other Current Liab(991.9M)(577.1M)(126.7M)(36.0M)(107.9M)(113.3M)
Other Liab270.1M366.9M379.2M439.6M505.6M259.6M
Retained Earnings2.4B2.6B2.9B3.2B3.3B3.4B
Long Term Debt20.5B19.3B17.1B14.6B10.2B9.6B
Short Term Investments52.7M348.6M929.7M2.1B857.4M482.2M
Intangible Assets81.5M75.1M52.0M63.5M44.8M57.6M
Common Stock398K384K379K372K371K363.3K
Property Plant Equipment348.3M123.5M119.4M137.4M158.0M100.0M
Total Current Liabilities991.9M577.1M126.7M14.6B(445.5M)(423.2M)
Property Plant And Equipment Net381.0M141.8M133.7M122.5M140.6M109.1M
Accounts Payable47.3M28.7M9.7M36.0M35.4M35.6M
Non Current Assets Total821.4M1.3B1.9B362.9M1.2B2.3B
Non Currrent Assets Other(23.7B)(22.6B)(21.7B)(21.4B)(1.2B)(1.3B)
Net Receivables876.3M98.0M171.4M15.2B1.1B1.2B
Common Stock Total Equity403K398K384K379K341.1K370.2K
Property Plant And Equipment Gross348.3M123.5M340.8M356.7M380.8M399.8M
Accumulated Other Comprehensive Income3.0M6.1M9.3M(37.4M)(20.1M)(21.1M)
Other Current Assets(2.1B)(1.9B)(2.2B)(2.4B)(2.1B)(2.0B)
Short Term Debt944.7M548.4M117.1M14.6B222.7M211.6M
Net Tangible Assets2.1B2.4B2.8B3.0B3.4B2.1B
Noncontrolling Interest In Consolidated Entity10.3M4.4M(3.7M)1.6M1.9M1.8M
Retained Earnings Total Equity2.3B2.4B2.6B2.9B3.4B2.2B
Long Term Debt Total20.5B19.3B17.6B14.6B16.8B8.7B

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nelnet Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.