NN Interest Income vs Net Income From Continuing Ops Analysis

NNBR Stock  USD 1.34  0.06  4.69%   
NN financial indicator trend analysis is infinitely more than just investigating NN Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NN Inc is a good investment. Please check the relationship between NN Interest Income and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Interest Income vs Net Income From Continuing Ops

Interest Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NN Inc Interest Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NN's Interest Income and Net Income From Continuing Ops is -0.48. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of NN Inc, assuming nothing else is changed. The correlation between historical values of NN's Interest Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of NN Inc are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Interest Income i.e., NN's Interest Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Net Income From Continuing Ops

Most indicators from NN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NN Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of 01/05/2026, Tax Provision is likely to grow to about 2.9 M, while Selling General Administrative is likely to drop slightly above 42 M.
 2023 2024 2025 2026 (projected)
Interest Expense23.0M23.1M26.6M27.9M
Depreciation And Amortization46.1M45.3M52.1M27.1M

NN fundamental ratios Correlations

0.980.710.860.90.840.810.290.650.990.440.87-0.040.990.780.550.370.990.340.880.830.390.390.270.870.12
0.980.610.830.820.780.80.350.670.980.40.84-0.091.00.770.50.280.990.30.840.80.360.360.180.880.06
0.710.610.670.690.730.72-0.290.240.710.640.510.450.670.450.720.720.680.60.60.710.170.170.70.480.55
0.860.830.670.730.920.670.170.860.850.340.85-0.050.840.870.450.350.870.430.770.890.170.170.30.710.16
0.90.820.690.730.760.70.290.480.870.410.8-0.030.810.620.510.380.820.240.870.750.530.530.270.770.11
0.840.780.730.920.760.64-0.050.770.830.230.880.180.810.910.350.590.830.560.780.810.20.20.550.760.36
0.810.80.720.670.70.640.180.420.810.490.58-0.010.810.580.60.340.810.310.680.780.280.280.270.690.15
0.290.35-0.290.170.29-0.050.180.310.28-0.020.26-0.90.290.13-0.02-0.750.28-0.670.320.150.380.38-0.740.27-0.87
0.650.670.240.860.480.770.420.310.63-0.060.83-0.260.650.910.040.090.680.250.640.650.130.130.040.64-0.05
0.990.980.710.850.870.830.810.280.630.470.82-0.040.990.760.570.360.990.330.830.840.30.30.260.880.12
0.440.40.640.340.410.230.49-0.02-0.060.470.030.130.43-0.020.990.220.430.220.250.44-0.07-0.070.210.030.12
0.870.840.510.850.80.880.580.260.830.820.03-0.050.840.90.150.350.850.350.920.710.510.510.290.840.14
-0.04-0.090.45-0.05-0.030.18-0.01-0.9-0.26-0.040.13-0.05-0.04-0.050.160.87-0.040.79-0.020.0-0.05-0.050.77-0.070.96
0.991.00.670.840.810.810.810.290.650.990.430.84-0.040.770.540.341.00.350.840.810.330.330.250.870.11
0.780.770.450.870.620.910.580.130.910.76-0.020.9-0.050.770.10.360.790.40.710.720.140.140.320.820.16
0.550.50.720.450.510.350.6-0.020.040.570.990.150.160.540.10.310.530.30.370.560.00.00.280.150.19
0.370.280.720.350.380.590.34-0.750.090.360.220.350.870.340.360.310.350.860.340.370.050.050.890.340.95
0.990.990.680.870.820.830.810.280.680.990.430.85-0.041.00.790.530.350.360.840.820.320.320.250.870.12
0.340.30.60.430.240.560.31-0.670.250.330.220.350.790.350.40.30.860.360.330.390.010.010.720.250.88
0.880.840.60.770.870.780.680.320.640.830.250.92-0.020.840.710.370.340.840.330.710.720.720.270.730.12
0.830.80.710.890.750.810.780.150.650.840.440.710.00.810.720.560.370.820.390.710.190.190.310.710.18
0.390.360.170.170.530.20.280.380.130.3-0.070.51-0.050.330.140.00.050.320.010.720.191.0-0.010.31-0.05
0.390.360.170.170.530.20.280.380.130.3-0.070.51-0.050.330.140.00.050.320.010.720.191.0-0.010.31-0.05
0.270.180.70.30.270.550.27-0.740.040.260.210.290.770.250.320.280.890.250.720.270.31-0.01-0.010.220.83
0.870.880.480.710.770.760.690.270.640.880.030.84-0.070.870.820.150.340.870.250.730.710.310.310.220.11
0.120.060.550.160.110.360.15-0.87-0.050.120.120.140.960.110.160.190.950.120.880.120.18-0.05-0.050.830.11
Click cells to compare fundamentals

NN Account Relationship Matchups

NN fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets579.1M546.1M510.9M456.9M525.4M510.7M
Short Long Term Debt Total211.1M209.4M212.8M197.0M226.5M241.4M
Other Current Liab26.5M23.4M23.9M33.3M38.3M21.0M
Total Current Liabilities74.0M78.8M81.6M83.9M96.5M74.8M
Total Stockholder Equity224.2M186.3M202.8M74.5M85.7M169.5M
Property Plant And Equipment Net255.5M244.4M229.2M201.4M231.6M170.5M
Net Debt182.5M196.6M190.9M178.8M205.7M178.0M
Retained Earnings(219.1M)(245.2M)(295.3M)(333.6M)(300.3M)(285.2M)
Accounts Payable36.7M45.9M45.5M38.9M44.7M39.3M
Non Current Assets Total382.8M354.4M328.3M289.3M332.7M357.1M
Non Currrent Assets Other4.2M5.3M7.0M7.3M8.4M7.9M
Net Receivables83.2M86.3M77.4M74.2M85.3M66.8M
Common Stock Shares Outstanding44.0M44.7M46.7M48.7M56.0M58.7M
Liabilities And Stockholders Equity579.1M546.1M510.9M456.9M525.4M509.6M
Non Current Liabilities Total280.9M281.1M226.5M298.5M343.2M263.3M
Inventory75.0M80.7M71.6M61.9M71.2M54.0M
Other Current Assets9.4M11.9M11.7M13.4M15.4M13.7M
Other Stockholder Equity474.8M468.1M457.6M455.8M524.2M550.4M
Total Liab354.9M359.9M308.1M382.4M439.7M338.1M
Property Plant And Equipment Gross453.5M244.4M483.2M441.9M508.2M533.6M
Total Current Assets196.3M191.7M182.6M167.6M192.7M153.6M
Accumulated Other Comprehensive Income(31.9M)(37.1M)(37.8M)(48.2M)(43.4M)(41.2M)
Short Term Debt8.8M8.6M11.7M11.1M12.7M11.0M
Cash28.7M12.8M21.9M18.1M20.8M22.1M
Cash And Short Term Investments28.7M12.8M21.9M18.1M20.8M22.1M
Common Stock Total Equity423K427K430K439K504.9K256.9K
Intangible Assets88.7M72.9M58.7M44.4M51.1M83.2M
Common Stock430K439K473K499K573.9K602.5K
Other Liab111.2M16.5M24.7M8.8M10.1M9.6M
Other Assets8.9M83.0M4.5M4.4M5.0M4.8M
Long Term Debt151.1M149.4M149.4M143.6M165.1M259.7M
Property Plant Equipment374.5M274.0M255.5M244.4M281.0M210.6M
Current Deferred Revenue24.9M19.8M(524K)200K230K218.5K
Net Tangible Assets(322.1M)151.1M278.0M251.0M288.6M303.0M
Retained Earnings Total Equity(105.3M)(205.9M)(219.1M)(245.2M)(220.7M)(209.6M)
Long Term Debt Total757.4M79.0M151.1M149.4M171.8M163.2M
Capital Surpluse501.6M493.3M474.8M468.1M538.4M328.0M
Capital Lease Obligations57.0M56.7M53.0M48.3M55.6M35.7M

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 together with NN Stock

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Moving against NN Stock

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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.