NMI Accounts Payable vs Net Receivables Analysis

NMIH Stock

USD 34.23 0.51 1.51%

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 Accounts Payable and its Net Receivables 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 tightly coupled 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.

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NMI Holdings Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have totally related.

The correlation between NMI Holdings' Accounts Payable and Net Receivables is 0.99. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables 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' Accounts Payable and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of NMI Holdings are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., NMI Holdings' Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents NMI Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NMI Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Receivables

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 tightly coupled 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 250.94, while Selling General Administrative is projected to decrease to under 94.8 M.

NMI Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Property Plant And Equipment Net	Good Will	Short Term Investments	Other Stockholder Equity	Property Plant And Equipment Gross
Total Assets		0.89	0.37	0.99	0.76	0.93	1.0	-0.02	0.79	-0.43	-0.13	0.54	0.79	0.87	0.94	0.66	0.94	0.72	-0.52	0.77	0.91	0.86	-0.77	0.52	0.89	0.92
Short Long Term Debt Total	0.89		0.39	0.89	0.65	0.74	0.88	0.1	0.65	-0.46	-0.27	0.71	0.88	0.9	0.78	0.58	0.79	0.8	-0.34	0.87	0.77	0.62	-0.56	0.67	0.93	0.78
Total Current Liabilities	0.37	0.39		0.31	0.5	0.23	0.39	-0.23	0.1	-0.47	0.01	0.4	0.42	0.47	0.52	-0.07	0.53	0.42	0.18	0.43	0.18	0.2	-0.34	0.43	0.31	0.41
Total Stockholder Equity	0.99	0.89	0.31		0.71	0.93	0.99	0.03	0.78	-0.42	-0.11	0.52	0.8	0.86	0.92	0.69	0.92	0.69	-0.5	0.79	0.91	0.87	-0.77	0.48	0.88	0.89
Net Debt	0.76	0.65	0.5	0.71		0.68	0.8	-0.63	0.55	-0.52	-0.14	0.51	0.5	0.83	0.78	0.39	0.78	0.63	-0.59	0.49	0.65	0.64	-0.65	0.59	0.78	0.81
Retained Earnings	0.93	0.74	0.23	0.93	0.68		0.93	-0.04	0.66	-0.48	0.18	0.29	0.55	0.68	0.89	0.8	0.92	0.49	-0.62	0.52	0.98	0.9	-0.7	0.27	0.75	0.78
Accounts Payable	1.0	0.88	0.39	0.99	0.8	0.93		-0.08	0.78	-0.45	-0.12	0.55	0.76	0.88	0.95	0.66	0.95	0.72	-0.55	0.75	0.91	0.86	-0.77	0.53	0.9	0.92
Cash	-0.02	0.1	-0.23	0.03	-0.63	-0.04	-0.08		0.04	0.28	-0.07	-0.01	0.16	-0.24	-0.12	0.12	-0.12	-0.02	0.33	0.17	0.02	-0.1	0.22	-0.17	-0.1	-0.2
Non Current Assets Total	0.79	0.65	0.1	0.78	0.55	0.66	0.78	0.04		0.2	-0.44	0.27	0.65	0.66	0.76	0.36	0.68	0.45	-0.35	0.64	0.63	0.8	-0.75	0.24	0.65	0.77
Non Currrent Assets Other	-0.43	-0.46	-0.47	-0.42	-0.52	-0.48	-0.45	0.28	0.2		-0.39	-0.5	-0.28	-0.48	-0.38	-0.49	-0.49	-0.51	0.36	-0.29	-0.49	-0.19	0.15	-0.54	-0.5	-0.37
Other Assets	-0.13	-0.27	0.01	-0.11	-0.14	0.18	-0.12	-0.07	-0.44	-0.39		-0.58	-0.34	-0.34	-0.01	0.23	0.08	-0.54	0.05	-0.38	0.1	0.14	-0.03	-0.57	-0.37	-0.29
Cash And Short Term Investments	0.54	0.71	0.4	0.52	0.51	0.29	0.55	-0.01	0.27	-0.5	-0.58		0.62	0.73	0.38	0.26	0.39	0.97	-0.33	0.66	0.38	0.06	-0.11	0.99	0.8	0.61
Common Stock Total Equity	0.79	0.88	0.42	0.8	0.5	0.55	0.76	0.16	0.65	-0.28	-0.34	0.62		0.88	0.7	0.3	0.69	0.7	-0.06	0.99	0.53	0.58	-0.65	0.58	0.75	0.76
Common Stock Shares Outstanding	0.87	0.9	0.47	0.86	0.83	0.68	0.88	-0.24	0.66	-0.48	-0.34	0.73	0.88		0.8	0.41	0.79	0.82	-0.4	0.87	0.67	0.64	-0.68	0.75	0.91	0.9
Non Current Liabilities Total	0.94	0.78	0.52	0.92	0.78	0.89	0.95	-0.12	0.76	-0.38	-0.01	0.38	0.7	0.8		0.49	0.99	0.57	-0.44	0.68	0.83	0.89	-0.82	0.37	0.76	0.88
Other Current Assets	0.66	0.58	-0.07	0.69	0.39	0.8	0.66	0.12	0.36	-0.49	0.23	0.26	0.3	0.41	0.49		0.54	0.39	-0.57	0.28	0.86	0.58	-0.31	0.23	0.61	0.45
Total Liab	0.94	0.79	0.53	0.92	0.78	0.92	0.95	-0.12	0.68	-0.49	0.08	0.39	0.69	0.79	0.99	0.54		0.57	-0.45	0.67	0.86	0.87	-0.8	0.38	0.76	0.86
Total Current Assets	0.72	0.8	0.42	0.69	0.63	0.49	0.72	-0.02	0.45	-0.51	-0.54	0.97	0.7	0.82	0.57	0.39	0.57		-0.42	0.74	0.56	0.28	-0.32	0.95	0.89	0.75
Short Term Debt	-0.52	-0.34	0.18	-0.5	-0.59	-0.62	-0.55	0.33	-0.35	0.36	0.05	-0.33	-0.06	-0.4	-0.44	-0.57	-0.45	-0.42		-0.04	-0.65	-0.44	0.16	-0.37	-0.61	-0.58
Common Stock	0.77	0.87	0.43	0.79	0.49	0.52	0.75	0.17	0.64	-0.29	-0.38	0.66	0.99	0.87	0.68	0.28	0.67	0.74	-0.04		0.5	0.54	-0.65	0.61	0.75	0.75
Other Liab	0.91	0.77	0.18	0.91	0.65	0.98	0.91	0.02	0.63	-0.49	0.1	0.38	0.53	0.67	0.83	0.86	0.86	0.56	-0.65	0.5		0.81	-0.59	0.35	0.8	0.74
Property Plant And Equipment Net	0.86	0.62	0.2	0.87	0.64	0.9	0.86	-0.1	0.8	-0.19	0.14	0.06	0.58	0.64	0.89	0.58	0.87	0.28	-0.44	0.54	0.81		-0.88	0.05	0.59	0.78
Good Will	-0.77	-0.56	-0.34	-0.77	-0.65	-0.7	-0.77	0.22	-0.75	0.15	-0.03	-0.11	-0.65	-0.68	-0.82	-0.31	-0.8	-0.32	0.16	-0.65	-0.59	-0.88		-0.12	-0.5	-0.73
Short Term Investments	0.52	0.67	0.43	0.48	0.59	0.27	0.53	-0.17	0.24	-0.54	-0.57	0.99	0.58	0.75	0.37	0.23	0.38	0.95	-0.37	0.61	0.35	0.05	-0.12		0.79	0.61
Other Stockholder Equity	0.89	0.93	0.31	0.88	0.78	0.75	0.9	-0.1	0.65	-0.5	-0.37	0.8	0.75	0.91	0.76	0.61	0.76	0.89	-0.61	0.75	0.8	0.59	-0.5	0.79		0.86
Property Plant And Equipment Gross	0.92	0.78	0.41	0.89	0.81	0.78	0.92	-0.2	0.77	-0.37	-0.29	0.61	0.76	0.9	0.88	0.45	0.86	0.75	-0.58	0.75	0.74	0.78	-0.73	0.61	0.86

Click cells to compare fundamentals

NMI Holdings Account Relationship Matchups

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	145.8M	393.3M	394.6M	396.1M	409.0M	255.0M
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	707.5M	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
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
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

Currently Active Assets on Macroaxis

VWITX	Vanguard Intermediate Term Tax Exempt
VGSTX	Vanguard Star Fund
VFIAX	Vanguard 500 Index
VTCLX	Vanguard Tax Managed Capital
VTSAX	Vanguard Total Stock

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:

How To Invest In NMI

Details

Is NMI Stock a good investment?

Details

What is NMI Holdings' Net Worth?

Details

Largest Insurance - Specialty Companies

View

Largest Financial Services Companies

View

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 tightly coupled 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for NMI Stock analysis

When running NMI Holdings' price analysis, check to measure NMI Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NMI Holdings is operating at the current time. Most of NMI Holdings' value examination focuses on studying past and present price action to predict the probability of NMI Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NMI Holdings' price. Additionally, you may evaluate how the addition of NMI Holdings to your portfolios can decrease your overall portfolio volatility.

	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Stocks Directory Find actively traded stocks across global markets
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum

Is NMI Holdings' 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 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

0.227

Earnings Share

4.04

Revenue Per Share

7.326

Quarterly Revenue Growth

0.142

Return On Assets

0.1027

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

NMI Accounts Payable vs Net Receivables Analysis

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Receivables

NMI Holdings fundamental ratios Correlations

NMI Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NMI Holdings fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for NMI Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Stockholder Equity
Short Term Investments	+ 0.99	Cash And Short Term Investments
Common Stock	+ 0.99	Common Stock Total Equity
Total Liab	+ 0.99	Non Current Liabilities Total

Good Will	- 0.88	Property Plant And Equipment Net
Good Will	- 0.82	Non Current Liabilities Total
Good Will	- 0.8	Total Liab
Good Will	- 0.77	Accounts Payable
Good Will	- 0.77	Total Stockholder Equity
Good Will	- 0.77	Total Assets