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Nelnet Inc  (NNI)
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Nelnet Inc's Total Debt to Equity

NNI's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to debt repayement of -4.98% Nelnet Inc improved Total Debt to Equity in forth quarter 2023 to 3.67, below the company's average Total Debt to Equity.

Within Consumer Financial Services industry in the forth quarter 2023, 21 other companies have achieved lower Total Debt to Equity than Nelnet Inc in the IV Quarter 2023. While Total Debt to Equity total ranking has improved so far in the forth quarter 2023 to 1624, from total ranking in the third quarter 2023 at 1684 .

Explain Debt to Equity Ratio?
What is the structure of NNI´s Total Debt?
How valuable is the NNI´s Equity?


NNI Total Debt to Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 0.69 % 2.93 % 5.06 % 4.48 % 8.37 %
Y / Y Total Debt Change -19.19 % -17.25 % -18.9 % -19.71 % -16.98 %
Total Debt to Equity MRQ 3.67 3.82 4.02 4.17 4.57
NNI's Total Ranking # 1624 # 1684 # 2138 # 2527 # 2366
Seq. Equity Change -1.14 % 0.36 % 0.75 % 0.73 % 1.06 %
Seq. Total Debt Change -4.98 % -4.76 % -2.74 % -8.19 % -2.7 %



Total Debt to Equity forth quarter 2023 Company Ranking
Within: No.
Consumer Financial Services Industry # 22
Financial Sector # 385
Overall Market # 1624


Total Debt to Equity Statistics
High Average Low
22.92 10.2 -18.71
(Dec 31 2011)   (Jun 30 2013)




Financial Statements
Nelnet Inc's Equity $ 3,222 Millions Visit NNI's Balance sheet
Nelnet Inc's Total Debt $ 11,828 Millions Visit NNI's Balance sheet
Source of NNI's Sales Visit NNI's Sales by Geography


Cumulative Nelnet Inc's Total Debt to Equity

NNI's Total Debt to Equity for the trailling 12 Months

NNI Total Debt to Equity

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity TTM Growth 0.69 % 2.93 % 5.06 % 4.48 % 8.37 %
Y / Y Total Debt TTM Growth -19.19 % -17.25 % -18.9 % -19.71 % -16.98 %
Total Debt to Equity TTM 3.92 4.14 4.38 4.67 4.99
Total Ranking TTM # 1480 # 271 # 318 # 337 # 1944
Seq. Equity TTM Growth -1.14 % 0.36 % 0.75 % 0.73 % 1.06 %
Seq. Total Debt TTM Growth -4.98 % -4.76 % -2.74 % -8.19 % -2.7 %


On the trailing twelve months basis Due to debt repayement of -4.98% Nelnet Inc decreased Total Debt to Equity in the 12 months ending in IV Quarter 2023 to 3.92, a new company low.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Consumer Financial Services industry 19, during the past 12 months, other companies have achieved lower Total Debt to Equity than Nelnet Inc. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 271 to 1480.

Explain Debt to Equity Ratio?
What is the structure of NNI´s Total Debt?
How valuable is the NNI´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Consumer Financial Services Industry # 20
Financial Sector # 344
Within the Market # 1480


trailing twelve months Total Debt to Equity Statistics
High Average Low
9.67 6.51 3.92
(Sep 30 2018)   (Dec 31 2023)




Companies with similar Total Debt to Equity in the quarter ending Dec 31 2023, within Consumer Financial Services Industry Total Debt to EquityDec 31 2023 MRQ Total DebtDec 31 2023 MRQ Equity
Onemain Holdings Inc   6.22 $ 19,813.000  Millions$ 3,186.000  Millions
Finance Of America Companies Inc   4.92 $ 1,339.390  Millions$ 272.407  Millions
Atlanticus Holdings Corp  4.74 $ 1,861.685  Millions$ 392.417  Millions
Ocwen Financial Corporation  4.05 $ 1,626.800  Millions$ 401.800  Millions
Nelnet Inc  3.67 $ 11,828.393  Millions$ 3,221.915  Millions
Encore Capital Group Inc   3.54 $ 3,318.031  Millions$ 936.538  Millions
Slm Corp  2.78 $ 5,227.512  Millions$ 1,880.797  Millions
Pra Group Inc   2.35 $ 2,914.270  Millions$ 1,239.376  Millions
Credit Acceptance Corp  2.28 $ 3,999.300  Millions$ 1,753.700  Millions
Discover Financial Services  2.18 $ 32,324.000  Millions$ 14,828.000  Millions
Moody s Corporation  2.01 $ 7,001.000  Millions$ 3,476.000  Millions
Affirm Holdings Inc   1.58 $ 4,156.608  Millions$ 2,634.884  Millions
Euronet Worldwide Inc   1.49 $ 1,865.700  Millions$ 1,249.700  Millions
Bread Financial Holdings Inc   1.34 $ 3,898.000  Millions$ 2,918.000  Millions
Transunion  1.30 $ 5,340.400  Millions$ 4,105.500  Millions
Equifax inc   1.25 $ 5,711.200  Millions$ 4,552.400  Millions
Dun and Bradstreet Holdings Inc   1.03 $ 3,545.200  Millions$ 3,431.600  Millions
Deere John Capital Corp  0.97 $ 5,705.100  Millions$ 5,873.400  Millions
Lesaka Technologies Inc   0.79 $ 142.766  Millions$ 180.723  Millions
Plumas Bancorp  0.77 $ 113.054  Millions$ 147.317  Millions

Date modified: 2024-02-28T15:34:30+00:00



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