Navient Corporation SR NT 6% 121543
Navient Corporation provides asset management and business processing services to education, health care, and government clients at the federal, state, and local levels in the United States. The company operates in three segments: Federal Family Education Loan Program (FFELP) Loans, Private Education Loans, and Business Services. It holds the portfolio of education loans insured or guaranteed und… Read more
Navient Corporation SR NT 6% 121543 (JSM) - Net Assets
Latest net assets as of March 2024: $8.18 Billion USD
Based on the latest financial reports, Navient Corporation SR NT 6% 121543 (JSM) has net assets worth $8.18 Billion USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($59.03 Billion) and total liabilities ($50.85 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.18 Billion |
| % of Total Assets | 13.86% |
| Annual Growth Rate | 4.97% |
| 5-Year Change | -39.54% |
| 10-Year Change | 89.92% |
| Growth Volatility | 867776.93 |
Navient Corporation SR NT 6% 121543 - Net Assets Trend (2004–2023)
This chart illustrates how Navient Corporation SR NT 6% 121543's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Navient Corporation SR NT 6% 121543 (2004–2023)
The table below shows the annual net assets of Navient Corporation SR NT 6% 121543 from 2004 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $7.97 Billion | -18.38% |
| 2022-12-31 | $9.77 Billion | +59.70% |
| 2021-12-31 | $6.12 Billion | -39.32% |
| 2020-12-31 | $10.08 Billion | -23.57% |
| 2019-12-31 | $13.19 Billion | +274.77% |
| 2018-12-31 | $3.52 Billion | +1.88% |
| 2017-12-31 | $3.45 Billion | -6.62% |
| 2016-12-31 | $3.70 Billion | -6.94% |
| 2015-12-31 | $3.98 Billion | -5.31% |
| 2014-12-31 | $4.20 Billion | -25.53% |
| 2013-12-31 | $5.64 Billion | +11.40% |
| 2012-12-31 | $5.06 Billion | -97.38% |
| 2011-12-31 | $193.30 Billion | -99.91% |
| 2010-12-31 | $205.14 Trillion | +3886207.14% |
| 2009-12-31 | $5.28 Billion | +5.44% |
| 2008-12-31 | $5.01 Billion | -4.37% |
| 2007-12-31 | $5.23 Billion | +19.81% |
| 2006-12-31 | $4.37 Billion | +14.96% |
| 2005-12-31 | $3.80 Billion | +19.74% |
| 2004-12-31 | $3.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Navient Corporation SR NT 6% 121543's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 219.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.64 Billion | 168.04% |
| Common Stock | $4.00 Million | 0.14% |
| Other Comprehensive Income | $19.00 Million | 0.69% |
| Total Equity | $2.76 Billion | 100.00% |
Navient Corporation SR NT 6% 121543 Competitors by Market Cap
The table below lists competitors of Navient Corporation SR NT 6% 121543 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Altair Resources Inc
PINK:AAEEF
|
$165.38K |
|
Kyeryong Construction Industrial Co. Ltd.
KQ:013580
|
$165.43K |
|
HEALTHSTREAM (HL5.SG)
STU:HL5
|
$165.50K |
|
IA Invest Advice Cap Vis Fund
CO:IAIACVF
|
$165.60K |
|
Left Field Capital Corp.
V:LFC-P
|
$165.14K |
|
BROADST.NET LEA.DL-00025
F:62XA
|
$165.08K |
|
GP EUROTUNNEL RGPT
MU:TNU3
|
$165.07K |
|
SHIONOGI & CO LTD - Dusseldorf Stock Exchang
DU:SH0
|
$165.06K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Navient Corporation SR NT 6% 121543's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,977,000,000 to 2,760,000,000, a change of -217,000,000 (-7.3%).
- Net income of 228,000,000 contributed positively to equity growth.
- Dividend payments of 78,000,000 reduced retained earnings.
- Share repurchases of 310,000,000 reduced equity.
- Other comprehensive income decreased equity by 68,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $228.00 Million | +8.26% |
| Dividends Paid | $78.00 Million | -2.83% |
| Share Repurchases | $310.00 Million | -11.23% |
| Other Comprehensive Income | $-68.00 Million | -2.46% |
| Other Changes | $11.00 Million | +0.4% |
| Total Change | $- | -7.29% |
Book Value vs Market Value Analysis
This analysis compares Navient Corporation SR NT 6% 121543's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.81x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.73x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $10.48 | $18.14 | x |
| 2013-12-31 | $12.55 | $18.14 | x |
| 2014-12-31 | $9.87 | $18.14 | x |
| 2015-12-31 | $10.41 | $18.14 | x |
| 2016-12-31 | $11.49 | $18.14 | x |
| 2017-12-31 | $12.29 | $18.14 | x |
| 2018-12-31 | $13.33 | $18.14 | x |
| 2019-12-31 | $14.32 | $18.14 | x |
| 2020-12-31 | $12.48 | $18.14 | x |
| 2021-12-31 | $15.10 | $18.14 | x |
| 2022-12-31 | $20.67 | $18.14 | x |
| 2023-12-31 | $22.44 | $18.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Navient Corporation SR NT 6% 121543 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.72%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 22.24x
- Recent ROE (8.26%) is below the historical average (18.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 18.56% | 29.27% | 0.02x | 35.82x | $433.00 Million |
| 2013 | 25.16% | 44.77% | 0.02x | 28.30x | $854.30 Million |
| 2014 | 26.94% | 23.91% | 0.03x | 34.86x | $711.20 Million |
| 2015 | 24.73% | 22.89% | 0.03x | 33.73x | $585.50 Million |
| 2016 | 18.41% | 16.43% | 0.03x | 32.74x | $311.10 Million |
| 2017 | 8.45% | 6.66% | 0.04x | 33.28x | $-53.40 Million |
| 2018 | 11.22% | 8.05% | 0.05x | 29.60x | $43.10 Million |
| 2019 | 17.90% | 12.78% | 0.05x | 28.45x | $263.40 Million |
| 2020 | 16.93% | 12.49% | 0.04x | 35.93x | $168.70 Million |
| 2021 | 27.61% | 27.08% | 0.03x | 31.04x | $457.30 Million |
| 2022 | 21.67% | 20.01% | 0.05x | 23.78x | $347.30 Million |
| 2023 | 8.26% | 19.72% | 0.02x | 22.24x | $-48.00 Million |
Industry Comparison
This section compares Navient Corporation SR NT 6% 121543's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,537,541,042
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Navient Corporation SR NT 6% 121543 (JSM) | $8.18 Billion | 18.56% | 6.22x | $165.24K |
| Arçelik Anonim Sirketi (ACKAF) | $6.92 Billion | 12.19% | 1.96x | $21.37K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.78 Billion | -0.47% | 4.90x | $237.80K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $350.39 Million | 158.73% | 1.79x | $54.40 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $138.55 Billion | 3.33% | 0.35x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $45.44 Billion | 2.81% | 1.39x | $78.15K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $14.42 Billion | 11.26% | 1.20x | $9.29 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.94 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.35 Billion | 13.98% | 0.95x | $246.38K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.37 Billion | 11.86% | 2.07x | $137.52K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $181.00 Million | -95.58% | 5.28x | $220.55K |