Nelnet, Inc.

Nelnet, Inc.verified

NNI

Price:

$114.38

Market Cap:

$4.15B

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

The Current Ratio as of September 2024 (TTM) for Nelnet, Inc. (NNI) is 21.29

According to Nelnet, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 21.29. This represents a change of -29.47% compared to the average of 30.19 of the last 4 quarters.

Nelnet, Inc. (NNI) Historical Current Ratio (quarterly & annually)

How has NNI Current Ratio performed in the past?

The mean historical Current Ratio of Nelnet, Inc. over the last ten years is 3.51. The current 21.29 Current Ratio has changed 60.64% 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 1.39K. The Current Ratio was at its lowest in in the March 2017 quarter at 0.00.

Quarterly (TTM)
Annual

Average

3.51

Median

1.69

Minimum

0.25

Maximum

22.22

Nelnet, Inc. (NNI) Current Ratio by Quarter and Year

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 = 721.48%

Maximum Annual Current Ratio = 22.22

Minimum Annual Increase = -94.66%

Minimum Annual Current Ratio = 0.25

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.1883.75%
20221.19-94.66%
202122.22721.48%
20202.70104.81%
20191.32409.41%
20180.26-1.94%
20170.267.71%
20160.25-88.09%
20152.06-20.98%
20142.6122.67%

Nelnet, Inc. (NNI) Average Current Ratio

How has NNI Current Ratio performed in the past?

The current Current Ratio of Nelnet, Inc. (NNI) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

8.53

5-year avg

5.92

10-year avg

3.51

Nelnet, Inc. (NNI) Current Ratio vs. Peers

How is NNI’s Current Ratio compared to its peers?

Nelnet, Inc.’s Current Ratio is greater than SLM Corporation (0), greater than FirstCash Holdings, Inc (4.03), greater than Federal Agricultural Mortgage Corporation (4.75), greater than Navient Corporation (0.20), greater than Federal Agricultural Mortgage Corporation (4.75), greater than Federal Agricultural Mortgage Corporation (4.75), greater than Federal Agricultural Mortgage Corporation (4.75), greater than Federal Agricultural Mortgage Corporation (4.75), greater than EZCORP, Inc. (2.59), greater than ORIX Corporation (4.49), greater than SLM Corporation (0), greater than Enova International, Inc. (13.03), greater than Federal Agricultural Mortgage Corporation (4.75), less than Medallion Financial Corp. (34.29), greater than Oportun Financial Corporation (3.99),

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