Nn Inc Stock Total Asset

NNBR Stock  USD 3.91  0.01  0.26%   
NN Inc fundamentals help investors to digest information that contributes to NN's financial success or failures. It also enables traders to predict the movement of NN Stock. The fundamental analysis module provides a way to measure NN's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NN stock.
Last ReportedProjected for Next Year
Total Assets510.9 M504.9 M
Intangibles To Total Assets 0.11  0.16 
As of 11/29/2024, Intangibles To Total Assets is likely to grow to 0.16, while Total Assets are likely to drop slightly above 504.9 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

NN Inc Company Total Asset Analysis

NN's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current NN Total Asset

    
  510.88 M  
Most of NN's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NN Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NN Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for NN is extremely important. It helps to project a fair market value of NN Stock properly, considering its historical fundamentals such as Total Asset. Since NN's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NN's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NN's interrelated accounts and indicators.
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NN Total Asset Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NN total asset as a starting point in their analysis.
   NN Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

NN Total Assets

Total Assets

504.86 Million

At this time, NN's Total Assets are relatively stable compared to the past year.
Based on the latest financial disclosure, NN Inc has a Total Asset of 510.88 M. This is 87.24% lower than that of the Machinery sector and 88.73% lower than that of the Industrials industry. The total asset for all United States stocks is 98.27% higher than that of the company.

NN Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NN's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NN could also be used in its relative valuation, which is a method of valuing NN by comparing valuation metrics of similar companies.
NN is currently under evaluation in total asset category among its peers.

NN ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NN's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NN's managers, analysts, and investors.
Environmental
Governance
Social

NN Institutional Holders

Institutional Holdings refers to the ownership stake in NN that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NN's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NN's value.
Shares
American Century Companies Inc2024-09-30
642.5 K
Kennedy Capital Management Inc2024-09-30
602.4 K
State Street Corp2024-06-30
485.7 K
Pacific Ridge Capital Partners, Llc2024-09-30
471 K
Bridgeway Capital Management, Llc2024-09-30
437.5 K
Northern Trust Corp2024-09-30
354.5 K
Paradigm Capital Management, Inc.2024-06-30
344.1 K
Primecap Management Company2024-09-30
337.6 K
Amvescap Plc.2024-06-30
189.4 K
Corre Partners Management Llc2024-06-30
6.6 M
Legion Partners Asset Management, Llc2024-09-30
4.8 M

NN Fundamentals

About NN Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NN Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NN Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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

  0.47VSTE Vast Renewables Buyout TrendPairCorr
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 CorrelationCorrelation 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.