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Nelnet (NNI) Interest Coverage Ratio: 2016-2025

Historic Interest Coverage Ratio for Nelnet (NNI) over the last 10 years, with Sep 2025 value amounting to -1.12.

  • Nelnet's Interest Coverage Ratio fell 7.07% to -1.12 in Q3 2025 from the same period last year, while for Sep 2025 it was -1.16, marking a year-over-year decrease of 39.87%. This contributed to the annual value of -0.95 for FY2024, which is 42.48% down from last year.
  • As of Q3 2025, Nelnet's Interest Coverage Ratio stood at -1.12, which was up 3.94% from -1.16 recorded in Q2 2025.
  • In the past 5 years, Nelnet's Interest Coverage Ratio registered a high of -0.59 during Q2 2023, and its lowest value of -3.18 during Q1 2021.
  • Moreover, its 3-year median value for Interest Coverage Ratio was -0.83 (2024), whereas its average is -0.90.
  • In the last 5 years, Nelnet's Interest Coverage Ratio crashed by 299.73% in 2021 and then skyrocketed by 70.88% in 2023.
  • Quarterly analysis of 5 years shows Nelnet's Interest Coverage Ratio stood at -1.60 in 2021, then rose by 13.92% to -1.38 in 2022, then soared by 43.36% to -0.78 in 2023, then crashed by 69.42% to -1.32 in 2024, then fell by 7.07% to -1.12 in 2025.
  • Its Interest Coverage Ratio was -1.12 in Q3 2025, compared to -1.16 in Q2 2025 and -1.02 in Q1 2025.