Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Nelnet's share price for the quarter that ended in Dec. 2023 was $88.22. Nelnet's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 37 Mil. Therefore, Nelnet's market cap for the quarter that ended in Dec. 2023 was $3,270 Mil.
Nelnet's quarterly market cap
declined
from Jun. 2023 ($3,600 Mil) to Sep. 2023 ($3,334 Mil) and
declined
from Sep. 2023 ($3,334 Mil) to Dec. 2023 ($3,270 Mil).
Nelnet's annual market cap
declined
from Dec. 2021 ($3,704 Mil) to Dec. 2022 ($3,370 Mil) and
declined
from Dec. 2022 ($3,370 Mil) to Dec. 2023 ($3,270 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Nelnet's Enterprise Value for Today is $14,905 Mil.
Nelnet Market Cap Historical Data
The historical data trend for Nelnet's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Credit Services subindustry, Nelnet's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nelnet's Market Cap Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Nelnet's Market Cap distribution charts can be found below:
* The bar in red indicates where Nelnet's Market Cap falls into.
Nelnet Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Nelnet's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nelnet (NYSE:NNI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Nelnet Market Cap Related Terms
Thank you for viewing the detailed overview of Nelnet's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Nelnet Inc is a United States based company engaged in these five segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services, Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses, Asset Generation and Management Includes the acquisition and management of student and other loan assets, Nelnet Bank focuses on the private education and unsecured consumer loan markets, and Communications provides fiber optic service for internet, telephone, and television services.
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