NN Payout Ratio vs Pfcf Ratio Analysis

NNBR Stock

USD 3.99 0.08 2.05%

NN financial indicator trend analysis is infinitely more than just investigating NN Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NN Inc is a good investment. Please check the relationship between NN Payout Ratio and its Pfcf Ratio accounts. 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.

Payout Ratio vs Pfcf Ratio

Payout Ratio vs Pfcf Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NN Inc Payout Ratio account and Pfcf Ratio. At this time, the significance of the direction appears to have strong relationship.

The correlation between NN's Payout Ratio and Pfcf Ratio is 0.62. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of NN Inc, assuming nothing else is changed. The correlation between historical values of NN's Payout Ratio and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of NN Inc are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Payout Ratio i.e., NN's Payout Ratio and Pfcf Ratio go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of NN Inc earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of NN Inc dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating NN Inc is paying out more in dividends than it makes in net income.

Pfcf Ratio

Most indicators from NN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Tax Provision is relatively stable compared to the past year. As of 11/29/2024, Enterprise Value Over EBITDA is likely to grow to 25.76, while Discontinued Operations is likely to drop slightly above 1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	11.2M	15.0M	23.0M	14.4M
Depreciation And Amortization	46.2M	47.2M	46.1M	28.3M

Interest Expense Depreciation And Amortization

NN fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Common Stock Total Equity	Intangible Assets	Common Stock
Total Assets		0.99	0.54	0.87	0.92	0.87	0.81	0.24	0.75	0.99	-0.05	0.95	0.16	0.99	0.9	0.83	0.45	0.99	0.47	0.89	0.75	0.42	0.42	0.36	0.96	0.37
Short Long Term Debt Total	0.99		0.43	0.83	0.86	0.82	0.8	0.31	0.75	0.99	0.06	0.91	0.07	0.99	0.87	0.81	0.38	0.99	0.43	0.84	0.67	0.37	0.37	0.26	0.95	0.27
Other Current Liab	0.54	0.43		0.66	0.6	0.79	0.41	-0.42	0.44	0.52	-0.49	0.63	0.68	0.48	0.63	0.54	0.71	0.51	0.63	0.54	0.79	0.17	0.17	0.79	0.51	0.8
Total Current Liabilities	0.87	0.83	0.66		0.76	0.91	0.67	0.17	0.93	0.86	-0.03	0.91	0.07	0.85	0.94	0.84	0.38	0.87	0.49	0.77	0.85	0.19	0.19	0.32	0.78	0.34
Total Stockholder Equity	0.92	0.86	0.6	0.76		0.81	0.73	0.15	0.64	0.88	-0.12	0.94	0.3	0.86	0.8	0.83	0.58	0.86	0.47	0.95	0.74	0.6	0.6	0.5	0.86	0.51
Property Plant And Equipment Net	0.87	0.82	0.79	0.91	0.81		0.72	-0.1	0.76	0.87	-0.24	0.89	0.43	0.85	0.94	0.77	0.62	0.87	0.66	0.76	0.87	0.18	0.18	0.62	0.83	0.64
Net Debt	0.81	0.8	0.41	0.67	0.73	0.72		0.15	0.52	0.81	0.0	0.69	0.13	0.81	0.73	0.84	0.39	0.8	0.4	0.68	0.67	0.3	0.3	0.33	0.82	0.35
Retained Earnings	0.24	0.31	-0.42	0.17	0.15	-0.1	0.15		0.27	0.22	0.34	0.21	-0.73	0.27	0.06	0.22	-0.7	0.27	-0.59	0.3	-0.05	0.38	0.38	-0.7	0.13	-0.7
Accounts Payable	0.75	0.75	0.44	0.93	0.64	0.76	0.52	0.27		0.74	0.27	0.82	-0.12	0.73	0.89	0.78	0.24	0.76	0.4	0.68	0.62	0.11	0.11	0.15	0.63	0.15
Non Current Assets Total	0.99	0.99	0.52	0.86	0.88	0.87	0.81	0.22	0.74		-0.05	0.92	0.16	1.0	0.9	0.81	0.45	1.0	0.47	0.83	0.75	0.32	0.32	0.35	0.98	0.37
Non Currrent Assets Other	-0.05	0.06	-0.49	-0.03	-0.12	-0.24	0.0	0.34	0.27	-0.05		-0.07	-0.52	-0.03	0.06	0.17	-0.25	-0.03	-0.09	-0.03	-0.36	-0.06	-0.06	-0.42	-0.11	-0.43
Net Receivables	0.95	0.91	0.63	0.91	0.94	0.89	0.69	0.21	0.82	0.92	-0.07		0.2	0.92	0.9	0.83	0.48	0.93	0.5	0.94	0.77	0.48	0.48	0.41	0.86	0.42
Common Stock Shares Outstanding	0.16	0.07	0.68	0.07	0.3	0.43	0.13	-0.73	-0.12	0.16	-0.52	0.2		0.12	0.21	0.03	0.76	0.12	0.55	0.17	0.32	0.05	0.05	0.93	0.21	0.93
Non Current Liabilities Total	0.99	0.99	0.48	0.85	0.86	0.85	0.81	0.27	0.73	1.0	-0.03	0.92	0.12		0.88	0.79	0.39	1.0	0.45	0.83	0.71	0.36	0.36	0.3	0.97	0.31
Inventory	0.9	0.87	0.63	0.94	0.8	0.94	0.73	0.06	0.89	0.9	0.06	0.9	0.21	0.88		0.86	0.52	0.9	0.57	0.75	0.78	0.12	0.12	0.46	0.85	0.47
Other Current Assets	0.83	0.81	0.54	0.84	0.83	0.77	0.84	0.22	0.78	0.81	0.17	0.83	0.03	0.79	0.86		0.41	0.81	0.41	0.81	0.72	0.35	0.35	0.33	0.77	0.34
Other Stockholder Equity	0.45	0.38	0.71	0.38	0.58	0.62	0.39	-0.7	0.24	0.45	-0.25	0.48	0.76	0.39	0.52	0.41		0.4	0.81	0.41	0.52	0.09	0.09	0.88	0.51	0.9
Total Liab	0.99	0.99	0.51	0.87	0.86	0.87	0.8	0.27	0.76	1.0	-0.03	0.93	0.12	1.0	0.9	0.81	0.4		0.46	0.84	0.73	0.35	0.35	0.3	0.96	0.32
Property Plant And Equipment Gross	0.47	0.43	0.63	0.49	0.47	0.66	0.4	-0.59	0.4	0.47	-0.09	0.5	0.55	0.45	0.57	0.41	0.81	0.46		0.42	0.51	0.07	0.07	0.69	0.47	0.7
Total Current Assets	0.89	0.84	0.54	0.77	0.95	0.76	0.68	0.3	0.68	0.83	-0.03	0.94	0.17	0.83	0.75	0.81	0.41	0.84	0.42		0.68	0.74	0.74	0.33	0.76	0.35
Short Term Debt	0.75	0.67	0.79	0.85	0.74	0.87	0.67	-0.05	0.62	0.75	-0.36	0.77	0.32	0.71	0.78	0.72	0.52	0.73	0.51	0.68		0.22	0.22	0.52	0.75	0.54
Cash	0.42	0.37	0.17	0.19	0.6	0.18	0.3	0.38	0.11	0.32	-0.06	0.48	0.05	0.36	0.12	0.35	0.09	0.35	0.07	0.74	0.22		1.0	0.04	0.27	0.05
Cash And Short Term Investments	0.42	0.37	0.17	0.19	0.6	0.18	0.3	0.38	0.11	0.32	-0.06	0.48	0.05	0.36	0.12	0.35	0.09	0.35	0.07	0.74	0.22	1.0		0.04	0.27	0.05
Common Stock Total Equity	0.36	0.26	0.79	0.32	0.5	0.62	0.33	-0.7	0.15	0.35	-0.42	0.41	0.93	0.3	0.46	0.33	0.88	0.3	0.69	0.33	0.52	0.04	0.04		0.4	1.0
Intangible Assets	0.96	0.95	0.51	0.78	0.86	0.83	0.82	0.13	0.63	0.98	-0.11	0.86	0.21	0.97	0.85	0.77	0.51	0.96	0.47	0.76	0.75	0.27	0.27	0.4		0.42
Common Stock	0.37	0.27	0.8	0.34	0.51	0.64	0.35	-0.7	0.15	0.37	-0.43	0.42	0.93	0.31	0.47	0.34	0.9	0.32	0.7	0.35	0.54	0.05	0.05	1.0	0.42

Click cells to compare fundamentals

NN Account Relationship Matchups

NN fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	625.0M	579.1M	546.1M	510.9M	504.9M
Short Long Term Debt Total	850.2M	143.8M	211.1M	209.4M	212.8M	241.1M
Other Current Liab	24.9M	37.3M	20.8M	20.8M	23.9M	12.4M
Total Current Liabilities	139.5M	103.2M	74.0M	78.8M	81.6M	73.5M
Total Stockholder Equity	353.3M	254.2M	224.2M	251.0M	202.8M	166.4M
Property Plant And Equipment Net	440.0M	274.0M	255.5M	244.4M	229.2M	172.4M
Net Debt	818.5M	95.6M	182.5M	196.6M	190.9M	175.8M
Retained Earnings	(105.3M)	(205.9M)	(219.1M)	(245.2M)	(295.3M)	(280.6M)
Accounts Payable	57.3M	37.4M	36.7M	45.9M	45.5M	39.4M
Non Current Assets Total	1.2B	409.7M	382.8M	354.4M	328.3M	353.2M
Non Currrent Assets Other	(36.3M)	(52.5M)	4.2M	5.3M	7.0M	7.4M
Net Receivables	137.5M	93.4M	83.2M	86.3M	77.4M	67.5M
Common Stock Shares Outstanding	42.0M	42.2M	44.0M	44.7M	46.7M	24.6M
Liabilities And Stockholders Equity	1.5B	625.0M	579.1M	546.1M	510.9M	503.8M
Non Current Liabilities Total	1.0B	267.6M	280.9M	216.4M	226.5M	261.1M
Inventory	118.7M	62.5M	75.0M	80.7M	71.6M	55.0M
Other Current Assets	15.0M	11.1M	9.4M	11.9M	11.7M	9.0M
Other Stockholder Equity	409.7M	388.2M	421.0M	532.8M	457.6M	480.5M
Total Liab	1.2B	370.8M	354.9M	295.2M	308.1M	334.5M
Property Plant And Equipment Gross	440.0M	274.0M	453.5M	244.4M	483.2M	507.3M
Total Current Assets	303.0M	215.2M	196.3M	191.7M	182.6M	151.6M
Accumulated Other Comprehensive Income	(44.6M)	(33.7M)	(31.9M)	(37.1M)	(37.8M)	(35.9M)
Short Term Debt	25.8M	25.0M	14.5M	11.2M	11.7M	11.3M
Cash	31.7M	48.1M	28.7M	12.8M	21.9M	22.7M
Cash And Short Term Investments	31.7M	48.1M	28.7M	12.8M	21.9M	22.7M
Common Stock Total Equity	423K	427K	430K	439K	504.9K	256.9K
Intangible Assets	329.3M	103.1M	88.7M	72.9M	58.7M	93.8M
Common Stock	423K	427K	430K	439K	473K	266.8K
Other Liab	111.2M	16.5M	24.7M	8.8M	10.1M	9.6M
Other Assets	8.9M	83.0M	4.5M	4.4M	5.0M	4.8M
Long Term Debt	757.4M	79.0M	151.1M	149.4M	149.4M	264.0M
Property Plant Equipment	374.5M	274.0M	255.5M	244.4M	281.0M	210.6M
Current Deferred Revenue	31.5M	24.9M	19.8M	(524K)	(602.6K)	(572.5K)
Net Tangible Assets	(322.1M)	151.1M	278.0M	251.0M	288.6M	303.0M
Retained Earnings Total Equity	(105.3M)	(205.9M)	(219.1M)	(245.2M)	(220.7M)	(209.6M)
Long Term Debt Total	757.4M	79.0M	151.1M	149.4M	171.8M	163.2M
Capital Surpluse	501.6M	493.3M	474.8M	468.1M	538.4M	328.0M

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

Pair Corr

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.

Pair Correlation Correlation Matching

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC