Nelnet Balance Sheet - Annual (NYSE:NNI)

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$59.02 $0.61 (1.04%) NNI stock closing price Sep 19, 2018 (Closing)

The financial analysis of a company like Nelnet involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our Nelnet stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. A company releases its balance sheet every year along with its annual results. Apart from analyzing Nelnet revenue Nelnet operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Nelnet balance sheet for 2017 shows cash on hand of $942.06M. The company has a debt to equity ratio of 9.83.

View latest 10 year balance sheet data to check Nelnet financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash942.06M189.35M208.3M248.96M230.84M162.54M152.37M372.32M429.92M1.35B
Marketable Securities240.53M254.14M303.68M149.12M192.04M83.31M50.78M43.23M--
Receivables22.3B25.34B28.76B28.41B26.28B25.2B24.67B24.32B24.3B25.93B
Inventory-------84.98M--
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
23.48B25.78B29.27B28.81B26.7B25.45B24.87B24.82B24.73B27.28B
Property Plant & Equipment---130.28M109.65M102.7M111.43M110.4M118.13M121.36M
Accumulated Depreciation---84.39M75.82M70.83M76.61M79.83M91.52M82.61M
Net Property Plant & Equipment
248.05M123.78M80.48M45.89M33.82M31.86M34.81M30.57M26.6M38.74M
Investment & Advances-980.96M832.62M850.44M735.12M815.46M614.32M668.75M625.49M-
Other Non-Current Assets----------
Deferred Charges----------
Intangibles177.18M195.12M197.06M168.78M123.25M126.51M145.49M155.83M197.25M252.23M
Deposits & Other Assets57.29M97.77M104.03M227.6M177.55M186.41M184.49M219.4M298.83M288.84M
Total Assets
23.96B27.18B30.49B30.1B27.77B26.61B25.85B25.89B25.88B27.85B
Notes Payable187.12M119.7M144.77M118.48M167.57M96.51M109.8M88.52M91.74M160.98M
Accounts Payable----------
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses50.03M45.67M31.5M25.9M21.72M14.77M19.63M19.15M19.83M81.57M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
237.16M165.37M176.27M144.39M189.3M111.28M129.44M107.68M111.57M242.56M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt21.36B24.67B28.17B28.03B25.96B25.1B24.43B24.67B24.81B26.79B
Non-Current Capital Leases----------
Other Long-Term Liabilities205.31M275.31M244.78M200.72M182.26M232.56M222.02M207.1M175M181.15M
Total Liabilities
21.8B25.11B28.59B28.37B26.33B25.44B24.79B24.99B25.09B27.21B
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus---17.29M24.88M32.54M49.24M76.26M109.35M103.76M
Retained Earnings2.14B2.06B1.88B1.7B1.41B1.13B1.02B831.05M676.15M540.52M
Treasury Stock----------
Other Liabilities20.47M14M10.01M5.36M5.14M2.81M-1.14M-1.17M-1.44M-1.55M
Shareholders Equity2.17B2.07B1.89B1.73B1.44B1.17B1.07B906.63M784.56M643.22M
Total Liabilities & Shareholders Equity23.96B27.18B30.49B30.1B27.77B26.61B25.85B25.89B25.88B27.85B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Nelnet historical stock prices and the current Nelnet stock price can tell you how the stock price has moved, whereas the Nelnet PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: NNI total assets, which was at $23.96B for 2017 is a balance sheet item representing value of what Nelnet owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Nelnet's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for NNI stock stand at $21.8B.

Nelnet Balance Sheet - Key Ratios

Current ratio
112.77
Debt to equity ratio
9.83
Asset turnover ratio
0.07
Receivables turnover
0.08
Price to book ratio
1.1