NN Financials

NNBR Stock  USD 3.99  0.08  2.05%   
Based on the analysis of NN's profitability, liquidity, and operating efficiency, NN Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, NN's Cash is relatively stable compared to the past year. As of 11/29/2024, Cash And Short Term Investments is likely to grow to about 22.7 M, while Other Current Liabilities is likely to drop slightly above 12.4 M. Key indicators impacting NN's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.780.7558
Sufficiently Up
Pretty Stable
Current Ratio2.442.2367
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for NN includes many different criteria found on its balance sheet. An individual investor should monitor NN's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NN.

Net Income

(47.64 Million)

  
Understanding current and past NN Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NN's financial statements are interrelated, with each one affecting the others. For example, an increase in NN's assets may result in an increase in income on the income statement.

NN Stock Summary

NN competes with Steel Partners, Compass Diversified, Brookfield Business, Matthews International, and Tejon Ranch. NN, Inc., a diversified industrial company, designs, manufactures, and sells high-precision components and assemblies. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina. NN operates under Conglomerates classification in the United States and is traded on NASDAQ Exchange. It employs 3172 people.
Specialization
Industrials, Capital Goods
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS6293371067
CUSIP629337106 629305103
LocationNorth Carolina; U.S.A
Business Address6210 Ardrey Kell
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.nninc.com
Phone980 264 4300
CurrencyUSD - US Dollar

NN Key Financial Ratios

NN Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.5B625.0M579.1M546.1M510.9M504.9M
Other Current Liab24.9M37.3M20.8M20.8M23.9M12.4M
Net Debt818.5M95.6M182.5M196.6M190.9M175.8M
Retained Earnings(105.3M)(205.9M)(219.1M)(245.2M)(295.3M)(280.6M)
Accounts Payable57.3M37.4M36.7M45.9M45.5M39.4M
Net Receivables137.5M93.4M83.2M86.3M77.4M67.5M
Inventory118.7M62.5M75.0M80.7M71.6M55.0M
Other Current Assets15.0M11.1M9.4M11.9M11.7M9.0M
Total Liab1.2B370.8M354.9M295.2M308.1M334.5M
Total Current Assets303.0M215.2M196.3M191.7M182.6M151.6M
Short Term Debt25.8M25.0M14.5M11.2M11.7M11.3M
Cash31.7M48.1M28.7M12.8M21.9M22.7M
Intangible Assets329.3M103.1M88.7M72.9M58.7M93.8M
Common Stock423K427K430K439K473K266.8K
Other Liab111.2M16.5M24.7M8.8M10.1M9.6M
Other Assets8.9M83.0M4.5M4.4M5.0M4.8M
Long Term Debt757.4M79.0M151.1M149.4M149.4M264.0M
Net Tangible Assets(322.1M)151.1M278.0M251.0M288.6M303.0M
Long Term Debt Total757.4M79.0M151.1M149.4M171.8M163.2M
Capital Surpluse501.6M493.3M474.8M468.1M538.4M328.0M

NN Key Income Statement Accounts

The reason investors look at the income statement is to determine what NN's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense57.2M18.9M11.2M15.0M23.0M14.4M
Total Revenue847.5M427.5M477.6M498.7M489.3M386.8M
Gross Profit205.8M83.9M87.6M77.6M24.0M22.8M
Operating Income9.9M(24.3M)(5.0M)(16.0M)(21.8M)(20.7M)
Ebit9.9M(142.1M)(9.9M)(15.6M)(30.7M)(29.2M)
Ebitda100.6M(96.4M)36.3M31.6M15.4M14.6M
Cost Of Revenue641.6M343.6M390.0M421.1M465.3M305.0M
Income Before Tax(51.7M)(152.1M)(22.4M)(31.1M)(53.7M)(51.0M)
Net Income(48.4M)(143.1M)(20.7M)(32.7M)(50.2M)(47.6M)
Income Tax Expense(3.3M)(9.0M)(1.8M)1.6M2.3M2.4M
Non Recurring730K190.5M(12K)92.9M106.9M112.2M
Tax Provision(3.3M)(9.0M)(1.8M)1.6M1.5M1.6M
Net Interest Income(55.7M)(10.0M)(12.6M)(15.5M)(21.6M)(22.7M)

NN Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory1.4M5.1M(13.0M)(6.7M)10.0M10.5M
Free Cash Flow(4.8M)(8.2M)(2.6M)(10.2M)8.8M9.3M
Depreciation91.8M45.7M46.2M47.2M46.1M28.3M
Other Non Cash Items10.2M70.4M(9.6M)(7.5M)13.5M10.8M
Dividends Paid8.9M3.6M61.8M347K1.9M1.8M
Capital Expenditures53.3M23.8M18.2M18.0M20.5M21.2M
Net Income(46.7M)(100.6M)(13.2M)(26.1M)(50.2M)(47.6M)
Change In Cash13.7M16.4M(19.5M)(15.8M)9.1M9.5M
End Period Cash Flow31.7M48.1M28.7M12.8M21.9M21.9M
Change Receivables1.3M10.8M13.7M(4.9M)(5.7M)(5.4M)
Net Borrowings(66.5M)(711.1M)75.7M(2.0M)(1.8M)(1.7M)
Change To Netincome2.3M37.3M(12.5M)(991K)(1.1M)(1.1M)
Investments8M719.3M(15.4M)(17.5M)(17.4M)(16.5M)

NN Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NN's current stock value. Our valuation model uses many indicators to compare NN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NN competition to find correlations between indicators driving NN's intrinsic value. More Info.
NN Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, NN's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NN by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

NN Inc Systematic Risk

NN's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NN volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on NN Inc correlated with the market. If Beta is less than 0 NN generally moves in the opposite direction as compared to the market. If NN Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NN Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NN is generally in the same direction as the market. If Beta > 1 NN moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in NN Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NN's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of NN growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0461)

At this time, NN's Price Earnings To Growth Ratio is relatively stable compared to the past year.

NN November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of NN help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NN Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of NN Inc based on widely used predictive technical indicators. In general, we focus on analyzing NN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NN's daily price indicators and compare them against related drivers.

Additional Tools for NN Stock Analysis

When running NN's price analysis, check to measure NN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.