NN Balance Sheet Health
Financial Health criteria checks 4/6
NN has a total shareholder equity of $219.4M and total debt of $153.3M, which brings its debt-to-equity ratio to 69.9%. Its total assets and total liabilities are $510.9M and $291.5M respectively.
Key information
69.9%
Debt to equity ratio
US$153.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.90m |
| Equity | US$219.36m |
| Total liabilities | US$291.53m |
| Total assets | US$510.89m |
Recent financial health updates
Is NN (NASDAQ:NNBR) Weighed On By Its Debt Load?
Apr 16
Is NN (NASDAQ:NNBR) Using Too Much Debt?
Dec 05Is NN (NASDAQ:NNBR) Using Debt Sensibly?
Aug 11NN (NASDAQ:NNBR) Has Debt But No Earnings; Should You Worry?
Mar 10Is NN (NASDAQ:NNBR) Using Too Much Debt?
Jun 08NN (NASDAQ:NNBR) Has A Somewhat Strained Balance Sheet
Aug 13Recent updates
Is NN (NASDAQ:NNBR) Weighed On By Its Debt Load?
Apr 16NN, Inc. (NASDAQ:NNBR) Shares Fly 28% But Investors Aren't Buying For Growth
Dec 18Is NN (NASDAQ:NNBR) Using Too Much Debt?
Dec 05Is NN (NASDAQ:NNBR) Using Debt Sensibly?
Aug 11NN, Inc. (NASDAQ:NNBR) Just Reported, And Analysts Assigned A US$3.50 Price Target
May 06NN (NASDAQ:NNBR) Has Debt But No Earnings; Should You Worry?
Mar 10NN to close manufacturing plant in Irvine, California
Oct 13Is NN (NASDAQ:NNBR) Using Too Much Debt?
Jun 08NN Inc.: The Company's Balance Sheet Is Very Weak
Sep 07NN (NASDAQ:NNBR) Has A Somewhat Strained Balance Sheet
Aug 13NN EPS beats by $0.03, beats on revenue
May 06Analysts Expect Breakeven For NN, Inc. (NASDAQ:NNBR) Before Long
May 06How Much Did NN's(NASDAQ:NNBR) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 05Is NN (NASDAQ:NNBR) Using Too Much Debt?
Jan 11Is NN, Inc. (NASDAQ:NNBR) Trading At A 45% Discount?
Nov 19
NN EPS beats by $0.20, misses on revenue
Nov 06Financial Position Analysis
Short Term Liabilities: NNBR's short term assets ($182.6M) exceed its short term liabilities ($81.6M).
Long Term Liabilities: NNBR's short term assets ($182.6M) do not cover its long term liabilities ($209.9M).
Debt to Equity History and Analysis
Debt Level: NNBR's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: NNBR's debt to equity ratio has reduced from 201% to 69.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NNBR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NNBR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.2% per year.