Nelnet Balance Sheet Health
Financial Health criteria checks 3/6
Nelnet has a total shareholder equity of $3.2B and total debt of $8.9B, which brings its debt-to-equity ratio to 278.5%. Its total assets and total liabilities are $14.1B and $10.9B respectively.
Key information
278.5%
Debt to equity ratio
US$8.94b
Debt
| Interest coverage ratio | n/a |
| Cash | US$219.80m |
| Equity | US$3.21b |
| Total liabilities | US$10.87b |
| Total assets | US$14.08b |
Recent financial health updates
No updates
Recent updates
Nelnet's (NYSE:NNI) Dividend Will Be $0.28
Nov 11
Investors Appear Satisfied With Nelnet, Inc.'s (NYSE:NNI) Prospects
Oct 17Nelnet: Attractive Valuation At A Large Discount To Intrinsic Value
Sep 19Why Investors Shouldn't Be Surprised By Nelnet, Inc.'s (NYSE:NNI) P/E
Jul 03Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Compensation Is The Least Of Shareholders Concerns
May 10Nelnet: An Appealing Valuation Emerges After A Challenging 2023
May 04Some Confidence Is Lacking In Nelnet, Inc.'s (NYSE:NNI) P/E
Jan 04Nelnet: 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 14Financial Position Analysis
Short Term Liabilities: NNI's short term assets ($11.9B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: NNI's short term assets ($11.9B) exceed its long term liabilities ($9.3B).
Debt to Equity History and Analysis
Debt Level: NNI's net debt to equity ratio (271.7%) is considered high.
Reducing Debt: NNI's debt to equity ratio has reduced from 888% to 278.5% over the past 5 years.
Debt Coverage: NNI's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: Insufficient data to determine if NNI's interest payments on its debt are well covered by EBIT.