NNI
Price:
$131.7
Market Cap:
$4.73B
Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also provides student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The Education Technology, Services, and Payment Processing segment offers financial ...[Read more]
Industry
Financial - Credit Services
IPO Date
2003-12-12
Stock Exchange
NYSE
Ticker
NNI
According to Nelnet, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.58. This represents a change of -10.35% compared to the average of 0.65 of the last 4 quarters.
The mean historical Current Ratio of Nelnet, Inc. over the last ten years is 0.44. The current 0.58 Current Ratio has changed 13.31% with respect to the historical average. Over the past ten years (40 quarters), NNI's Current Ratio was at its highest in in the September 2021 quarter at 1.99. The Current Ratio was at its lowest in in the December 2015 quarter at 0.
Average
0.44
Median
0.43
Minimum
0
Maximum
1.28
Discovering the peaks and valleys of Nelnet, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 1.28
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.64 | 13.25% |
| 2023 | 0.56 | -21.19% |
| 2022 | 0.71 | -44.34% |
| 2021 | 1.28 | 49.52% |
| 2020 | 0.86 | 181.83% |
| 2019 | 0.30 | Infinity% |
| 2018 | 0 | 0% |
| 2017 | 0 | 0% |
| 2016 | 0 | 0% |
| 2015 | 0 | 0% |
The current Current Ratio of Nelnet, Inc. (NNI) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
0.64
5-year avg
0.81
10-year avg
0.44
Nelnet, Inc.’s Current Ratio is greater than Navient Corporation SR NT 6% 121543 (0.38), less than Credit Acceptance Corporation (721.28), less than StoneX Group Inc. (676.05), less than Upstart Holdings, Inc. (4.50), less than Lazard Ltd (2.27), greater than Radian Group Inc. (0.14), less than Moelis & Company (103.83), greater than Atlantic Union Bankshares Corporation (0.03), greater than SLM Corporation (0), greater than Axos Financial, Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.38 | $5.40B | |
| 721.28 | $5.09B | |
| 676.05 | $4.87B | |
| 4.50 | $4.59B | |
| 2.27 | $5.07B | |
| 0.14 | $4.71B | |
| 103.83 | $4.92B | |
| 0.03 | $4.99B | |
| 0 | $6.32B | |
| 0 | $4.80B |
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