Nelnet Balance Sheet Health
Financial Health criteria checks 3/6
Nelnet has a total shareholder equity of $3.2B and total debt of $11.8B, which brings its debt-to-equity ratio to 367.2%. Its total assets and total liabilities are $16.7B and $13.5B respectively.
Key information
367.2%
Debt to equity ratio
US$11.83b
Debt
| Interest coverage ratio | n/a |
| Cash | US$168.61m |
| Equity | US$3.22b |
| Total liabilities | US$13.51b |
| Total assets | US$16.74b |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In Nelnet, Inc.'s (NYSE:NNI) P/E
Jan 04
Nelnet: The Compounding Conglomerate
Dec 22Nelnet: Broad Exposure Leaves Unappealing Valuation
Aug 25Nelnet declares $0.26 dividend
Feb 02Nelnet to reduce workforce by 560 associates in its Diversified Services division
Jan 18Nelnet (NYSE:NNI) Is Increasing Its Dividend To $0.26
Nov 24Nelnet Non-GAAP EPS of $1.73 misses by $0.02
Nov 07Federal judge to rule on lawsuit seeking to overturn student loan forgiveness plan
Oct 12Nelnet goes ex-dividend tomorrow
Aug 30Nelnet Q2 Non-GAAP EPS, net interest income down Y/Y
Aug 08Nelnet acquires solar construction firm, GRNE Solutions
Jul 05Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?
Mar 30Student Loan Servicing - Nelnet Is The Big Man On Campus
Jan 07Nelnet (NYSE:NNI) Will Pay A Larger Dividend Than Last Year At US$0.24
Nov 26If You Like EPS Growth Then Check Out Nelnet (NYSE:NNI) Before It's Too Late
Nov 24Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?
Aug 02Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Might See A Pay Rise Soon
May 14Nelnet declares $0.22 dividend
May 10You Have To Love Nelnet, Inc.'s (NYSE:NNI) Dividend
May 05Should Income Investors Look At Nelnet, Inc. (NYSE:NNI) Before Its Ex-Dividend?
Feb 21
Nelnet declares $0.22 dividend
Jan 29Key Things To Consider Before Buying Nelnet, Inc. (NYSE:NNI) For Its Dividend
Jan 11Shareholders Are Thrilled That The Nelnet (NYSE:NNI) Share Price Increased 115%
Dec 16Income Investors Should Know That Nelnet, Inc. (NYSE:NNI) Goes Ex-Dividend Soon
Nov 25Nelnet Is A Buy: An Asymmetric Risk/Reward Opportunity
Nov 17Nelnet increases dividend by ~10%
Nov 05Financial Position Analysis
Short Term Liabilities: NNI's short term assets ($14.7B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: NNI's short term assets ($14.7B) exceed its long term liabilities ($12.1B).
Debt to Equity History and Analysis
Debt Level: NNI's net debt to equity ratio (362%) is considered high.
Reducing Debt: NNI's debt to equity ratio has reduced from 959.9% to 367.2% over the past 5 years.
Debt Coverage: NNI's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: Insufficient data to determine if NNI's interest payments on its debt are well covered by EBIT.