Glossary


N
NA

Not available; information that was not available when the report went to press.

NASDAQ Composite

A market-capitalization weighted average of approximately 5,000 stocks traded electronically in the NASDAQ market.

NAV per share

Net asset value per share

Net Asset Value (Investment Companies)

The market value of a company’s assets less any liabilities divided by the number of shares outstanding.

Net Asset Value(Investment Companies)

The market value of a company's assets less any liabilities divided by the number of shares outstanding.

Net Income

Net profit latest quarter

Net Interest Income

The dollar amount of interest received on loans and other investments, less the dollar amount of interest paid on deposits and other borrowings.

Net Interest Income (Bank and Thrift Industries)

The dollar amount of interest received on loans and other investments, less the dollar amount of interest paid on deposits and other borrowings.

Net Interest Margin (Bank Industries)

The difference between interest rates earned (on loans and other earning assets) and interest rates paid (on deposits and other sources of funds) divided by total value of earning assets.

Net Loan Losses (Bank Industries)

Loans written off during a period net of recoveries on loans previously written off. Also referred to as net loan charge-offs and net loan write-offs.

Net New Debt

Net new debt for REITs as listed in Funds Flow

Net Operating Revenues

Net operating revenues for selected financial companies

Net Operating Revenues per share

Net operating revenues per share for selected financial companies

Net Plant

Gross plant less accumulated depreciation

Net Premiums Earned

For Insurance Industry - net premiums earned (both quarterly and annual)

Net Profit (or Income)

A company’s total  profit before nonrecurring gains or losses, but after all other expenses.

Net Profit Margin

Net income before nonrecurring gains and losses as a percentage of sales or revenues.

Net Profit Margin Trailing 12 Months

Net profit margin over the trailing 12 months for selected industrial companies

Net Profit Plus Noncash Charges

Net profit plus noncash charges for REITs as presented in Funds Flow

Net Profit Trailing 12 Months

Net profit over the trailing 12 months

Net Profit(or Income)

A company's total profit before nonrecurring gains or losses, but after all other expenses.

Net Revenues (Advertising Industry)

Total commissions and fees received by the agency.

Net Sales

Gross volume less returns, discounts, and allowances.

Net Working Capital

Working capital less long-term debt, preferred stock at liquidating value, deferred taxes, minority interests, other long-term liabilities, and intangible assets. Occasionally the phrase is used in a less strict sense to mean working capital less long-term debt. See Working Capital.

Net Worth

All the assets shown on the balance sheet, including any intangible assets (i.e., goodwill, debt discount, deferred charges) less current liabilities, long-term debt, and all other noncurrent liabilities. In other words, the sum of common plus preferred stockholders' equity. Generally referred to as shareholders' equity.

New Equity

The amount of new capital a company has obtained

New Loan Volume (Thrift Industry)

Total of loans originated plus loans purchased in a given period by a thrift.

New York Stock Exchange Composite

A market-capitalization weighted average of all the common stocks traded on the New York Stock Exchange.

Nikkei Stock Average

An index of 225 Japanese stocks. A barometer of the Japanese stock market.

NMF

Not meaningful. Used when a number or ratio is so large or small that it is not meaningful. For example, a price/earnings ratio of 100 would probably not be meaningful because earnings in a particular period were unusually depressed.

Non-Controlling Interest

Non-controlling interest in other companies for selected financial companies

Non-Financial Domestic Debt

The sum of U.S. consumer, business, and government borrowings outstanding.

Noninterest Expense

Expenses other than interest and loan loss provisions, such as wages and overhead.

Non-interest Expense (Bank Industries)

Expenses other than interest and loan loss provisions, such as wages and overhead.

 

Non-interest Income

Income other than interest income, such as trust fees, other fee income, and gains on securities transactions.

Non-interest Income (Bank Industries)

Income other than interest income, such as trust fees, other fee income, and gains on securities transactions.

 

Non-performing Assets (Bank and Thrift Industries)

Generally includes loans that are not providing, or are not expected to provide, interest income at the contractual rate. Also includes foreclosed properties.

Nonrecurring Items

Various unusual gains or losses excluded from reported earnings by Value Line analysts in order to reflect income from ongoing operations. Nonrecurring items are footnoted by year on the Value Line page.

Number of North American Stores

Number of North American stores

Number of Shares Held

Number of shares held