NN Non Current Liabilities Total vs Other Stockholder Equity Analysis

NNBR Stock  USD 3.52  0.02  0.57%   
NN financial indicator trend analysis is infinitely more than just investigating NN Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NN Inc is a good investment. Please check the relationship between NN Non Current Liabilities Total and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NN Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NN Inc Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NN's Non Current Liabilities Total and Other Stockholder Equity is 0.42. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of NN Inc, assuming nothing else is changed. The correlation between historical values of NN's Non Current Liabilities Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of NN Inc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., NN's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Other Stockholder Equity

Most indicators from NN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NN 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 NN Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, NN's Tax Provision is relatively stable compared to the past year. As of 05/15/2024, Enterprise Value Over EBITDA is likely to grow to 16.32, while Discontinued Operations is likely to drop slightly above 1 M.
 2021 2022 2023 2024 (projected)
Interest Expense11.2M15.0M24.3M14.4M
Depreciation And Amortization46.2M47.2M46.1M28.3M

NN fundamental ratios Correlations

0.820.540.870.920.870.810.240.750.99-0.050.950.160.990.90.840.470.990.470.890.840.420.420.360.960.37
0.820.440.660.780.70.990.20.510.81-0.010.730.130.810.70.850.410.810.390.760.780.440.440.320.820.33
0.540.440.650.570.730.44-0.470.490.53-0.360.60.520.50.610.520.770.520.680.510.530.140.140.670.530.68
0.870.660.650.760.910.670.170.930.86-0.030.910.070.850.940.850.40.870.490.770.880.190.190.320.780.34
0.920.780.570.760.810.730.150.640.88-0.120.940.30.860.80.810.590.860.470.950.740.60.60.50.860.51
0.870.70.730.910.810.72-0.10.760.87-0.240.890.430.850.940.760.640.870.660.760.830.180.180.620.830.64
0.810.990.440.670.730.720.150.520.810.00.690.130.810.730.840.410.80.40.680.790.30.30.330.820.35
0.240.2-0.470.170.15-0.10.150.270.220.340.21-0.730.270.060.26-0.690.27-0.590.30.170.380.38-0.70.13-0.7
0.750.510.490.930.640.760.520.270.740.270.82-0.120.730.890.780.250.760.40.680.760.110.110.150.630.15
0.990.810.530.860.880.870.810.220.74-0.050.920.161.00.90.820.471.00.470.830.840.320.320.350.980.37
-0.05-0.01-0.36-0.03-0.12-0.240.00.340.27-0.05-0.07-0.52-0.030.060.16-0.26-0.03-0.09-0.03-0.01-0.06-0.06-0.42-0.11-0.43
0.950.730.60.910.940.890.690.210.820.92-0.070.20.920.90.820.50.930.50.940.80.480.480.410.860.42
0.160.130.520.070.30.430.13-0.73-0.120.16-0.520.20.120.21-0.010.750.120.550.170.080.050.050.930.210.93
0.990.810.50.850.860.850.810.270.731.0-0.030.920.120.880.810.421.00.450.830.820.360.360.30.970.31
0.90.70.610.940.80.940.730.060.890.90.060.90.210.880.840.530.90.570.750.850.120.120.460.850.47
0.840.850.520.850.810.760.840.260.780.820.160.82-0.010.810.840.380.820.420.810.810.360.360.290.780.29
0.470.410.770.40.590.640.41-0.690.250.47-0.260.50.750.420.530.380.420.840.430.410.110.110.880.540.89
0.990.810.520.870.860.870.80.270.761.0-0.030.930.121.00.90.820.420.460.840.840.350.350.30.960.32
0.470.390.680.490.470.660.4-0.590.40.47-0.090.50.550.450.570.420.840.460.420.470.070.070.690.470.7
0.890.760.510.770.950.760.680.30.680.83-0.030.940.170.830.750.810.430.840.420.70.740.740.330.760.35
0.840.780.530.880.740.830.790.170.760.84-0.010.80.080.820.850.810.410.840.470.70.20.20.320.820.33
0.420.440.140.190.60.180.30.380.110.32-0.060.480.050.360.120.360.110.350.070.740.21.00.040.270.05
0.420.440.140.190.60.180.30.380.110.32-0.060.480.050.360.120.360.110.350.070.740.21.00.040.270.05
0.360.320.670.320.50.620.33-0.70.150.35-0.420.410.930.30.460.290.880.30.690.330.320.040.040.41.0
0.960.820.530.780.860.830.820.130.630.98-0.110.860.210.970.850.780.540.960.470.760.820.270.270.40.42
0.370.330.680.340.510.640.35-0.70.150.37-0.430.420.930.310.470.290.890.320.70.350.330.050.051.00.42
Click cells to compare fundamentals

NN Account Relationship Matchups

NN fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B625.0M579.1M546.1M510.9M504.9M
Short Long Term Debt Total850.2M143.8M211.1M209.4M212.8M209.8M
Other Current Liab24.9M31.3M8.7M24.3M23.9M25.1M
Total Current Liabilities139.5M103.2M74.0M78.8M81.6M73.5M
Total Stockholder Equity353.3M254.2M224.2M251.0M202.8M166.4M
Property Plant And Equipment Net440.0M274.0M255.5M244.4M229.2M172.4M
Net Debt818.5M95.6M182.5M196.6M190.9M175.8M
Retained Earnings(105.3M)(205.9M)(219.1M)(245.2M)(295.3M)(280.6M)
Accounts Payable57.3M37.4M36.7M45.9M45.5M39.4M
Non Current Assets Total1.2B409.7M382.8M354.4M328.3M353.2M
Non Currrent Assets Other(36.3M)(52.5M)4.2M5.3M7.0M7.4M
Net Receivables137.5M93.4M83.2M86.3M77.4M67.5M
Common Stock Shares Outstanding42.0M42.2M44.0M44.7M46.7M24.6M
Liabilities And Stockholders Equity1.5B625.0M579.1M546.1M510.9M503.8M
Non Current Liabilities Total1.0B267.6M280.9M216.4M226.5M261.1M
Inventory118.7M62.5M75.0M80.7M71.6M55.0M
Other Current Assets15.0M11.1M9.4M9.1M11.7M8.9M
Other Stockholder Equity409.7M388.2M421.0M468.1M457.6M480.5M
Total Liab1.2B370.8M354.9M295.2M308.1M334.5M
Property Plant And Equipment Gross440.0M274.0M453.5M244.4M483.2M507.3M
Total Current Assets303.0M215.2M196.3M191.7M182.6M151.6M
Accumulated Other Comprehensive Income(44.6M)(33.7M)(31.9M)(37.1M)(37.8M)(35.9M)
Short Term Debt25.8M9.7M8.8M8.6M11.7M10.4M
Cash31.7M48.1M28.7M12.8M21.9M22.7M
Cash And Short Term Investments31.7M48.1M28.7M12.8M21.9M22.7M
Common Stock Total Equity423K427K430K439K504.9K256.9K
Intangible Assets329.3M103.1M88.7M72.9M58.7M93.8M
Common Stock423K427K430K439K473K266.8K
Other Liab111.2M16.5M24.7M8.8M10.1M9.6M
Other Assets8.9M83.0M4.5M4.4M5.0M4.8M
Long Term Debt757.4M79.0M151.1M149.4M149.4M264.0M
Property Plant Equipment374.5M274.0M255.5M244.4M281.0M210.6M
Current Deferred Revenue31.5M24.9M19.8M524K602.6K572.5K
Net Tangible Assets(322.1M)151.1M278.0M251.0M288.6M303.0M
Retained Earnings Total Equity(105.3M)(205.9M)(219.1M)(245.2M)(220.7M)(209.6M)
Long Term Debt Total757.4M79.0M151.1M149.4M171.8M163.2M
Capital Surpluse501.6M493.3M474.8M468.1M538.4M328.0M

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When determining whether NN Inc is a strong investment it is important to analyze NN's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NN's future performance. For an informed investment choice regarding NN Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NN Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the NN Inc information on this page should be used as a complementary analysis to other NN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running NN's price analysis, check to measure NN's 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 NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.
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Is NN's 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 NN. If investors know NN 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 NN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.40)
Revenue Per Share
10.21
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.02)
Return On Equity
(0.24)
The market value of NN Inc is measured differently than its book value, which is the value of NN that is recorded on the company's balance sheet. Investors also form their own opinion of NN's value that differs from its market value or its book value, called intrinsic value, which is NN'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 NN's market value can be influenced by many factors that don't directly affect NN'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 NN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NN'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.