NMI Property Plant Equipment vs Long Term Investments Analysis

NMIH Stock  USD 33.72  0.11  0.33%   
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 Equipment and its Long Term Investments 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.

Property Plant Equipment vs Long Term Investments

Property Plant Equipment vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NMI Holdings Property Plant Equipment account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between NMI Holdings' Property Plant Equipment and Long Term Investments is 0.93. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Investments 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 Equipment and Long Term Investments 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 Equipment of NMI Holdings are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Property Plant Equipment i.e., NMI Holdings' Property Plant Equipment and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Long Term Investments

Long Term Investments is an item on the asset side of NMI Holdings balance sheet that represents investments NMI Holdings intends to hold for over a year. NMI Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.
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

0.890.370.990.760.931.0-0.020.79-0.43-0.130.540.790.870.940.660.940.72-0.520.770.910.86-0.770.520.890.92
0.890.390.890.650.740.880.10.65-0.46-0.270.710.880.90.780.580.790.8-0.340.870.770.62-0.560.670.930.78
0.370.390.310.50.230.39-0.230.1-0.470.010.40.420.470.52-0.070.530.420.180.430.180.2-0.340.430.310.41
0.990.890.310.710.930.990.030.78-0.42-0.110.520.80.860.920.690.920.69-0.50.790.910.87-0.770.480.880.89
0.760.650.50.710.680.8-0.630.55-0.52-0.140.510.50.830.780.390.780.63-0.590.490.650.64-0.650.590.780.81
0.930.740.230.930.680.93-0.040.66-0.480.180.290.550.680.890.80.920.49-0.620.520.980.9-0.70.270.750.78
1.00.880.390.990.80.93-0.080.78-0.45-0.120.550.760.880.950.660.950.72-0.550.750.910.86-0.770.530.90.92
-0.020.1-0.230.03-0.63-0.04-0.080.040.28-0.07-0.010.16-0.24-0.120.12-0.12-0.020.330.170.02-0.10.22-0.17-0.1-0.2
0.790.650.10.780.550.660.780.040.2-0.440.270.650.660.760.360.680.45-0.350.640.630.8-0.750.240.650.77
-0.43-0.46-0.47-0.42-0.52-0.48-0.450.280.2-0.39-0.5-0.28-0.48-0.38-0.49-0.49-0.510.36-0.29-0.49-0.190.15-0.54-0.5-0.37
-0.13-0.270.01-0.11-0.140.18-0.12-0.07-0.44-0.39-0.58-0.34-0.34-0.010.230.08-0.540.05-0.380.10.14-0.03-0.57-0.37-0.29
0.540.710.40.520.510.290.55-0.010.27-0.5-0.580.620.730.380.260.390.97-0.330.660.380.06-0.110.990.80.61
0.790.880.420.80.50.550.760.160.65-0.28-0.340.620.880.70.30.690.7-0.060.990.530.58-0.650.580.750.76
0.870.90.470.860.830.680.88-0.240.66-0.48-0.340.730.880.80.410.790.82-0.40.870.670.64-0.680.750.910.9
0.940.780.520.920.780.890.95-0.120.76-0.38-0.010.380.70.80.490.990.57-0.440.680.830.89-0.820.370.760.88
0.660.58-0.070.690.390.80.660.120.36-0.490.230.260.30.410.490.540.39-0.570.280.860.58-0.310.230.610.45
0.940.790.530.920.780.920.95-0.120.68-0.490.080.390.690.790.990.540.57-0.450.670.860.87-0.80.380.760.86
0.720.80.420.690.630.490.72-0.020.45-0.51-0.540.970.70.820.570.390.57-0.420.740.560.28-0.320.950.890.75
-0.52-0.340.18-0.5-0.59-0.62-0.550.33-0.350.360.05-0.33-0.06-0.4-0.44-0.57-0.45-0.42-0.04-0.65-0.440.16-0.37-0.61-0.58
0.770.870.430.790.490.520.750.170.64-0.29-0.380.660.990.870.680.280.670.74-0.040.50.54-0.650.610.750.75
0.910.770.180.910.650.980.910.020.63-0.490.10.380.530.670.830.860.860.56-0.650.50.81-0.590.350.80.74
0.860.620.20.870.640.90.86-0.10.8-0.190.140.060.580.640.890.580.870.28-0.440.540.81-0.880.050.590.78
-0.77-0.56-0.34-0.77-0.65-0.7-0.770.22-0.750.15-0.03-0.11-0.65-0.68-0.82-0.31-0.8-0.320.16-0.65-0.59-0.88-0.12-0.5-0.73
0.520.670.430.480.590.270.53-0.170.24-0.54-0.570.990.580.750.370.230.380.95-0.370.610.350.05-0.120.790.61
0.890.930.310.880.780.750.9-0.10.65-0.5-0.370.80.750.910.760.610.760.89-0.610.750.80.59-0.50.790.86
0.920.780.410.890.810.780.92-0.20.77-0.37-0.290.610.760.90.880.450.860.75-0.580.750.740.78-0.730.610.86
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 Total145.8M393.3M394.6M396.1M409.0M255.0M
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 Assets244.2M294.2M323.8M707.5M617.9M648.8M
Total Liab202.1M505.9M558.8M902.3M1.0B1.1B
Total Current Assets1.2B2.0B2.2B2.1B617.9M1.0B
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)13.7M13.7M154.4M10.3M9.8M
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
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 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Equity Valuation
Check real value of public entities based on technical and fundamental data
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
CEOs Directory
Screen CEOs from public companies around the world
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.