NN Historical Financial Ratios
| NNBR Stock | USD 3.99 0.08 2.05% |
NN is lately reporting on over 115 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 70.2 will help investors to properly organize and evaluate NN Inc financial condition quickly.
NN |
About NN Financial Ratios Analysis
NN IncFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate NN investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on NN financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across NN history.
NN Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing NN Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on NN sales, a figure that is much harder to manipulate than other NN Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Most ratios from NN's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into NN Inc current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, NN's POCF Ratio is relatively stable compared to the past year. As of 11/29/2024, PFCF Ratio is likely to grow to 22.19, while Dividend Yield is likely to drop 0.01.
| 2020 | 2021 | 2024 (projected) | Dividend Yield | 0.0131 | 0.005178 | 0.005656 | Price To Sales Ratio | 0.65 | 0.38 | 0.36 |
NN fundamentals Correlations
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NN Account Relationship Matchups
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NN fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.28 | 0.46 | 0.65 | 0.38 | 0.13 | 0.36 | |
| Dividend Yield | 0.0415 | 0.0228 | 0.0131 | 0.005178 | 0.005954 | 0.005656 | |
| Ptb Ratio | 1.1 | 1.09 | 0.8 | 0.27 | 0.92 | 0.88 | |
| Days Sales Outstanding | 56.66 | 79.75 | 63.61 | 63.15 | 57.76 | 70.2 | |
| Book Value Per Share | 8.41 | 6.02 | 5.09 | 5.62 | 4.34 | 5.39 | |
| Free Cash Flow Yield | (0.0123) | (0.0297) | (0.0146) | (0.15) | 0.0473 | 0.0407 | |
| Operating Cash Flow Per Share | 1.15 | 0.37 | 0.35 | 0.17 | 0.63 | 0.6 | |
| Stock Based Compensation To Revenue | 0.00333 | 0.009885 | 0.006734 | 0.008776 | 0.005766 | 0.003822 | |
| Capex To Depreciation | 0.58 | 0.52 | 0.39 | 0.38 | 0.44 | 0.42 | |
| Pb Ratio | 1.1 | 1.09 | 0.8 | 0.27 | 0.92 | 0.88 | |
| Ev To Sales | 1.42 | 0.87 | 0.76 | 0.53 | 0.77 | 1.43 | |
| Free Cash Flow Per Share | (0.11) | (0.19) | (0.0599) | (0.23) | 0.19 | 0.31 | |
| Roic | 0.007696 | (0.0655) | (0.012) | (0.0418) | (0.0638) | (0.0606) | |
| Inventory Turnover | 5.4 | 5.5 | 5.2 | 5.22 | 6.5 | 4.5 | |
| Net Income Per Share | (1.15) | (3.39) | (0.47) | (0.73) | (1.07) | (1.02) | |
| Days Of Inventory On Hand | 67.54 | 66.41 | 70.22 | 69.93 | 56.14 | 73.61 | |
| Payables Turnover | 8.95 | 15.4 | 9.18 | 10.62 | 10.23 | 6.94 | |
| Capex To Revenue | 0.0629 | 0.0556 | 0.0382 | 0.036 | 0.0419 | 0.067 | |
| Cash Per Share | 0.75 | 1.14 | 0.65 | 0.33 | 0.47 | 0.66 | |
| Pocfratio | 8.01 | 17.83 | 11.58 | 8.68 | 6.37 | 9.55 | |
| Interest Coverage | 0.17 | (1.29) | (0.45) | (1.07) | (0.95) | (0.9) | |
| Payout Ratio | (0.0334) | (0.18) | (0.0253) | (0.0106) | (0.0122) | (0.0116) | |
| Capex To Operating Cash Flow | 1.1 | 1.53 | 1.17 | 2.33 | 0.7 | 0.58 | |
| Pfcf Ratio | (81.08) | (33.71) | (68.48) | (6.55) | 21.13 | 22.19 | |
| Days Payables Outstanding | 23.7 | 39.77 | 34.36 | 39.76 | 35.68 | 51.69 | |
| Roe | (0.14) | (0.56) | (0.0923) | (0.13) | (0.25) | (0.23) | |
| Ev To Operating Cash Flow | 24.88 | 23.98 | 23.28 | 34.16 | 12.88 | 10.89 | |
| Pe Ratio | (8.03) | (1.94) | (8.72) | (2.05) | (3.73) | (3.54) | |
| Return On Tangible Assets | (0.39) | (0.0626) | (0.27) | (0.0422) | (0.0691) | (0.11) | |
| Ev To Free Cash Flow | (251.78) | (45.34) | (137.73) | (25.76) | 42.71 | 44.84 | |
| Earnings Yield | (0.12) | (0.52) | (0.11) | (0.49) | (0.27) | (0.25) | |
| Intangibles To Total Assets | 0.54 | 0.5 | 0.16 | 0.15 | 0.13 | 0.11 | |
| Net Debt To E B I T D A | 33.56 | (0.99) | 5.02 | 6.22 | 12.4 | 13.02 | |
| Tangible Book Value Per Share | (12.55) | (9.88) | 3.58 | 3.08 | 3.99 | 3.24 | |
| Receivables Turnover | 5.78 | 6.44 | 4.58 | 5.74 | 6.32 | 4.73 | |
| Graham Number | 14.76 | 21.44 | 7.34 | 9.62 | 10.24 | 9.04 | |
| Shareholders Equity Per Share | 8.41 | 6.02 | 5.09 | 5.62 | 4.34 | 5.26 |
Pair Trading with NN
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NN will appreciate offsetting losses from the drop in the long position's value.Moving against NN Stock
| 0.47 | VSTE | Vast Renewables Tech Boost | PairCorr |
The ability to find closely correlated positions to NN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NN Inc to buy it.
The correlation of NN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NN Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.