NN Short Term Investments vs Short Long Term Debt Analysis
NNBR Stock | USD 2.91 0.08 2.68% |
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 Short Term Investments and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Short Term Investments vs Short Long Term Debt
Short Term Investments vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NN Inc Short Term Investments account and Short Long Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NN's Short Term Investments and Short Long Term Debt is 0.12. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Long Term Debt 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 Short Term Investments and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of NN Inc are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Short Term Investments i.e., NN's Short Term Investments and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of NN balance sheet. It contains any investments NN Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that NN Inc can easily liquidate in the marketplace.Short Long Term Debt
The total of a company’s short-term and long-term borrowings.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. Also, note that the market value of any company could be closely tied 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 06/16/2024, 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 Expense | 11.2M | 15.0M | 24.3M | 14.4M | Depreciation And Amortization | 46.2M | 47.2M | 46.1M | 28.3M |
NN fundamental ratios Correlations
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NN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NN fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 625.0M | 579.1M | 546.1M | 510.9M | 504.9M | |
Short Long Term Debt Total | 850.2M | 143.8M | 211.1M | 209.4M | 212.8M | 209.8M | |
Other Current Liab | 24.9M | 31.3M | 8.7M | 24.3M | 23.9M | 25.1M | |
Total Current Liabilities | 139.5M | 103.2M | 74.0M | 78.8M | 81.6M | 73.5M | |
Total Stockholder Equity | 353.3M | 254.2M | 224.2M | 251.0M | 202.8M | 166.4M | |
Property Plant And Equipment Net | 440.0M | 274.0M | 255.5M | 244.4M | 229.2M | 172.4M | |
Net Debt | 818.5M | 95.6M | 182.5M | 196.6M | 190.9M | 175.8M | |
Retained Earnings | (105.3M) | (205.9M) | (219.1M) | (245.2M) | (295.3M) | (280.6M) | |
Accounts Payable | 57.3M | 37.4M | 36.7M | 45.9M | 45.5M | 39.4M | |
Non Current Assets Total | 1.2B | 409.7M | 382.8M | 354.4M | 328.3M | 353.2M | |
Non Currrent Assets Other | (36.3M) | (52.5M) | 4.2M | 5.3M | 7.0M | 7.4M | |
Net Receivables | 137.5M | 93.4M | 83.2M | 86.3M | 77.4M | 67.5M | |
Common Stock Shares Outstanding | 42.0M | 42.2M | 44.0M | 44.7M | 46.7M | 24.6M | |
Liabilities And Stockholders Equity | 1.5B | 625.0M | 579.1M | 546.1M | 510.9M | 503.8M | |
Non Current Liabilities Total | 1.0B | 267.6M | 280.9M | 216.4M | 226.5M | 261.1M | |
Inventory | 118.7M | 62.5M | 75.0M | 80.7M | 71.6M | 55.0M | |
Other Current Assets | 15.0M | 11.1M | 9.4M | 9.1M | 11.7M | 8.9M | |
Other Stockholder Equity | 409.7M | 388.2M | 421.0M | 468.1M | 457.6M | 480.5M | |
Total Liab | 1.2B | 370.8M | 354.9M | 295.2M | 308.1M | 334.5M | |
Property Plant And Equipment Gross | 440.0M | 274.0M | 453.5M | 244.4M | 483.2M | 507.3M | |
Total Current Assets | 303.0M | 215.2M | 196.3M | 191.7M | 182.6M | 151.6M | |
Accumulated Other Comprehensive Income | (44.6M) | (33.7M) | (31.9M) | (37.1M) | (37.8M) | (35.9M) | |
Short Term Debt | 25.8M | 9.7M | 8.8M | 8.6M | 11.7M | 10.4M | |
Cash | 31.7M | 48.1M | 28.7M | 12.8M | 21.9M | 22.7M | |
Cash And Short Term Investments | 31.7M | 48.1M | 28.7M | 12.8M | 21.9M | 22.7M | |
Common Stock Total Equity | 423K | 427K | 430K | 439K | 504.9K | 256.9K | |
Intangible Assets | 329.3M | 103.1M | 88.7M | 72.9M | 58.7M | 93.8M | |
Common Stock | 423K | 427K | 430K | 439K | 473K | 266.8K | |
Other Liab | 111.2M | 16.5M | 24.7M | 8.8M | 10.1M | 9.6M | |
Other Assets | 8.9M | 83.0M | 4.5M | 4.4M | 5.0M | 4.8M | |
Long Term Debt | 757.4M | 79.0M | 151.1M | 149.4M | 149.4M | 264.0M | |
Property Plant Equipment | 374.5M | 274.0M | 255.5M | 244.4M | 281.0M | 210.6M | |
Current Deferred Revenue | 31.5M | 24.9M | 19.8M | 524K | 602.6K | 572.5K | |
Net Tangible Assets | (322.1M) | 151.1M | 278.0M | 251.0M | 288.6M | 303.0M | |
Retained Earnings Total Equity | (105.3M) | (205.9M) | (219.1M) | (245.2M) | (220.7M) | (209.6M) | |
Long Term Debt Total | 757.4M | 79.0M | 151.1M | 149.4M | 171.8M | 163.2M | |
Capital Surpluse | 501.6M | 493.3M | 474.8M | 468.1M | 538.4M | 328.0M |
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