Nelnet Inc (NNI)
114.89
+0.38
(+0.33%)
USD |
NYSE |
Nov 04, 16:00
113.11
-1.78
(-1.55%)
Pre-Market: 06:40
Nelnet Debt to Equity Ratio: 2.871 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 2.871 |
| March 31, 2024 | 3.166 |
| December 31, 2023 | 3.562 |
| September 30, 2023 | 3.676 |
| June 30, 2023 | 3.883 |
| March 31, 2023 | 4.027 |
| December 31, 2022 | 4.398 |
| September 30, 2022 | 4.570 |
| June 30, 2022 | 5.041 |
| March 31, 2022 | 5.295 |
| December 31, 2021 | 5.810 |
| September 30, 2021 | 6.441 |
| June 30, 2021 | 6.749 |
| March 31, 2021 | 6.814 |
| December 31, 2020 | 7.341 |
| September 30, 2020 | 8.008 |
| June 30, 2020 | 8.442 |
| March 31, 2020 | 8.819 |
| December 31, 2019 | 8.601 |
| September 30, 2019 | 8.897 |
| June 30, 2019 | 9.169 |
| March 31, 2019 | 9.388 |
| December 31, 2018 | 9.642 |
| September 30, 2018 | 9.604 |
| June 30, 2018 | 9.868 |
| Date | Value |
|---|---|
| March 31, 2018 | 9.494 |
| December 31, 2017 | 9.936 |
| September 30, 2017 | 10.53 |
| June 30, 2017 | 10.77 |
| March 31, 2017 | 11.19 |
| December 31, 2016 | 11.97 |
| September 30, 2016 | 12.84 |
| June 30, 2016 | 13.91 |
| March 31, 2016 | 14.56 |
| December 31, 2015 | 14.91 |
| September 30, 2015 | 15.71 |
| June 30, 2015 | 15.55 |
| March 31, 2015 | 15.62 |
| December 31, 2014 | 16.24 |
| September 30, 2014 | 17.34 |
| June 30, 2014 | 18.67 |
| March 31, 2014 | 16.91 |
| December 31, 2013 | 17.98 |
| September 30, 2013 | 18.04 |
| June 30, 2013 | 18.71 |
| March 31, 2013 | 20.49 |
| December 31, 2012 | 21.54 |
| September 30, 2012 | 19.46 |
| June 30, 2012 | 20.82 |
| March 31, 2012 | 21.72 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
2.871
Minimum
Jun 2024
8.819
Maximum
Mar 2020
5.659
Average
5.295
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| SLM Corp | 2.829 |
| EZCORP Inc | 0.4508 |
| FirstCash Holdings Inc | 0.8657 |
| Old Market Capital Corp | 0.00 |
| World Acceptance Corp | 1.210 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 14.50B |
| Total Liabilities (Quarterly) | 11.28B |
| Shareholders Equity (Quarterly) | 3.294B |
| Current Ratio | 1.103 |
| Net Debt Paydown Yield | 19.41% |