Nelnet Inc (NNI) - Total Assets
Based on the latest financial reports, Nelnet Inc (NNI) holds total assets worth $13.88 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Nelnet Inc shareholders equity for net asset value and shareholders' equity analysis.
Nelnet Inc - Total Assets Trend (2000–2024)
This chart illustrates how Nelnet Inc's total assets have evolved over time, based on quarterly financial data.
Nelnet Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Nelnet Inc's total assets of $13.88 Billion consist of 10.0% current assets and 90.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $194.52 Million | 1.4% |
| Accounts Receivable | $192.19 Million | 1.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $106.20 Million | 0.8% |
| Intangible Assets | $36.33 Million | 0.3% |
| Goodwill | $158.03 Million | 1.2% |
Asset Composition Trend (2000–2024)
This chart illustrates how Nelnet Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Nelnet Inc stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nelnet Inc's current assets represent 10.0% of total assets in 2024, an increase from 0.6% in 2000.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, up from 0.6% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is cash and equivalents at 1.4% of total assets.
Nelnet Inc Competitors by Total Assets
Key competitors of Nelnet Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Western Union Co
NYSE:WU
|
USA | $7.78 Billion |
|
AEON Thana Sinsap (Thailand) Public Company Limited
BK:AEONTS
|
Thailand | ฿92.25 Billion |
|
Propel Holdings Inc
TO:PRL
|
Canada | CA$639.53 Million |
|
Muthoot Microfin Limited
NSE:MUTHOOTMF
|
India | Rs108.57 Billion |
|
PTC India Financial Services Limited
NSE:PFS
|
India | Rs53.51 Billion |
|
Pappajack Bhd
KLSE:0242
|
Malaysia | RM361.68 Million |
|
Arman Financial Services Limited
NSE:ARMANFIN
|
India | Rs21.53 Billion |
|
Hexa Tradex Limited
NSE:HEXATRADEX
|
India | Rs55.63 Billion |
Nelnet Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.58 | 0.61 | 0.01 |
| Quick Ratio | 0.58 | 0.61 | 0.01 |
| Cash Ratio | 0.08 | 0.10 | 0.00 |
| Working Capital | $-1.10 Billion | $-856.56 Million | $-19.21 Billion |
Nelnet Inc - Advanced Valuation Insights
This section examines the relationship between Nelnet Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.28 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -17.6% |
| Total Assets | $13.78 Billion |
| Market Capitalization | $3.59 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Nelnet Inc's assets below their book value (0.26x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nelnet Inc's assets decreased by 17.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nelnet Inc (2000–2024)
The table below shows the annual total assets of Nelnet Inc from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.78 Billion | -17.56% |
| 2023-12-31 | $16.71 Billion | -13.74% |
| 2022-12-31 | $19.37 Billion | -10.63% |
| 2021-12-31 | $21.68 Billion | -4.27% |
| 2020-12-31 | $22.65 Billion | -4.48% |
| 2019-12-31 | $23.71 Billion | -6.00% |
| 2018-12-31 | $25.22 Billion | +5.24% |
| 2017-12-31 | $23.96 Billion | -11.83% |
| 2016-12-31 | $27.18 Billion | -10.84% |
| 2015-12-31 | $30.49 Billion | +1.29% |
| 2014-12-31 | $30.10 Billion | +8.38% |
| 2013-12-31 | $27.77 Billion | +4.37% |
| 2012-12-31 | $26.61 Billion | +2.92% |
| 2011-12-31 | $25.85 Billion | -0.16% |
| 2010-12-31 | $25.89 Billion | +0.07% |
| 2009-12-31 | $25.88 Billion | -7.10% |
| 2008-12-31 | $27.85 Billion | -4.48% |
| 2007-12-31 | $29.16 Billion | +8.83% |
| 2006-12-31 | $26.80 Billion | +17.54% |
| 2005-12-31 | $22.80 Billion | +50.39% |
| 2004-12-31 | $15.16 Billion | +27.06% |
| 2003-12-31 | $11.93 Billion | +22.17% |
| 2002-12-31 | $9.77 Billion | +20.06% |
| 2001-12-31 | $8.13 Billion | +102.25% |
| 2000-12-31 | $4.02 Billion | -- |
About Nelnet Inc
Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment pro… Read more