Navient Corporation (NAVI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 3.76B | 2.1B | 2.39B | 2.49B | 2.45B | 2.62B | 2.79B | 3.11B | 2.95B | 3.14B | 3.26B | 3.6B | 2.8B | 3.78B | 3.53B | 3.15B | 2.91B | 3.31B | 3.42B | 3.83B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 213.73 | 202.01 | 192.74 | 190.81 | 189.24 | 168.51 | 168.9 | 165.14 | 166.22 | 175.09 | 155.33 | 160.14 | 164.43 | 168 | 178.38 | 215.77 | 211.11 | 222.56 | 221.62 | 214.8 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.51B | -1.67B | 0 | 0 | 0 | 0 | -1.91B | 0 | -2.06B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 44.24B | 434M | 46.91B | 47.73B | 48.5B | 49.16B | 438M | 53.51B | 692M | 58.23B | 60.15B | 62B | 64.11B | 67.01B | 70.09B | 72.92B | 75.25B | 77.29B | 78.51B | 79.52B |
| Property, Plant & Equipment | 21M | 0 | 27M | 28M | 34M | 52M | 54M | 59M | 61M | 62M | 67M | 68M | 69M | 74M | 77M | 91M | 91M | 95M | 114M | 113M |
| Fixed Asset Turnover | 33.10x | - | 29.09x | 26.00x | 19.26x | 18.43x | 17.79x | 18.17x | 18.89x | 17.84x | 19.27x | 17.90x | 16.21x | 15.01x | 12.27x | 9.08x | 9.13x | 8.05x | 7.40x | 7.51x |
| Goodwill | 430M | 434M | 435M | 436M | 437M | 428M | 0 | 0 | 0 | 670M | 0 | 0 | 0 | 670M | 0 | 0 | 0 | 671M | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 9M | 438M | 0 | 692M | 25M | 0 | 0 | 0 | 35M | 0 | 0 | 0 | 54M | 0 | 0 |
| Long-Term Investments | 43.07B | 44.26B | 44.6B | 45.33B | 46.1B | 46.74B | 47.73B | 49.34B | 618M | 55.03B | 57.08B | 58.79B | 60.65B | 62.47B | 66.27B | 69.18B | 71.46B | 73.3B | 74.89B | 75.83B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 48B | 48.68B | 49.31B | 50.22B | 50.95B | 51.79B | 53.44B | 56.62B | 59.03B | 61.38B | 63.41B | 65.6B | 66.91B | 70.8B | 73.63B | 76.06B | 78.16B | 80.61B | 81.94B | 83.35B |
| Asset Turnover | 0.01x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Asset Growth % | -5.78% | -6% | -7.74% | -11.3% | -13.69% | -15.62% | -15.73% | -13.68% | -11.78% | -13.31% | -13.87% | -13.76% | -14.39% | -12.17% | -10.15% | -8.74% | -8% | -7.79% | -8.62% | -8.45% |
| Total Current Liabilities | 5.01B | 5.07B | 4.73B | 4.55B | 4.71B | 4.75B | 3.53B | 4.37B | 0 | 4.76B | 5.13B | 5.18B | 5.05B | 4.96B | 4.68B | 3.92B | 4.06B | 3.79B | 4.25B | 4.1B |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 5.01B | 5.07B | 4.73B | 4.55B | 4.71B | 4.75B | 3.53B | 4.37B | 4.43B | 4.76B | 5.13B | 5.18B | 5.05B | 4.96B | 4.68B | 3.92B | 4.06B | 3.79B | 4.25B | 4.1B |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.43B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 0.75x | 0.41x | 0.51x | 0.55x | 0.52x | 0.55x | 0.79x | 0.71x | - | 0.66x | 0.64x | 0.69x | 0.55x | 0.76x | 0.75x | 0.80x | 0.72x | 0.87x | 0.81x | 0.93x |
| Quick Ratio | 0.75x | 0.41x | 0.51x | 0.55x | 0.52x | 0.55x | 0.79x | 0.71x | - | 0.66x | 0.64x | 0.69x | 0.55x | 0.76x | 0.75x | 0.80x | 0.72x | 0.87x | 0.81x | 0.93x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 40.62B | 41.21B | 42.14B | 43.11B | 43.66B | 44.4B | 46.58B | 49.5B | 56.26B | 53.85B | 55.38B | 57.48B | 58.9B | 62.85B | 65.97B | 69.22B | 71.27B | 74.2B | 74.95B | 76.54B |
| Long-Term Debt | 40.18B | 40.63B | 41.65B | 42.61B | 43.25B | 43.92B | 45.84B | 48.87B | 50.85B | 53.15B | 54.98B | 57.03B | 58.48B | 62.43B | 65.67B | 68.79B | 70.68B | 72.93B | 73.77B | 75.28B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 45.63B | 46.28B | 46.87B | 47.66B | 48.36B | 49.15B | 50.75B | 53.87B | 56.26B | 58.62B | 60.52B | 62.67B | 63.95B | 67.82B | 70.65B | 73.14B | 75.33B | 78B | 79.2B | 80.64B |
| Total Debt | 45.18B | 45.71B | 46.38B | 47.16B | 47.95B | 48.66B | 49.36B | 53.24B | 55.27B | 57.91B | 60.11B | 62.21B | 63.53B | 67.4B | 70.35B | 72.71B | 74.74B | 76.72B | 78.02B | 79.38B |
| Net Debt | 44.56B | 43.6B | 45.81B | 46.45B | 47.31B | 47.94B | 48.22B | 52.16B | 52.33B | 57.08B | 59.13B | 60.9B | 62.96B | 65.86B | 68.99B | 71.73B | 74.03B | 75.82B | 76.97B | 77.92B |
| Debt / Equity | 18.99x | 19.05x | 19.02x | 18.39x | 18.52x | 18.43x | 18.32x | 19.38x | 19.98x | 20.98x | 20.74x | 21.23x | 21.48x | 22.64x | 23.66x | 24.84x | 26.41x | 29.42x | 28.54x | 29.27x |
| Debt / EBITDA | 3012.13x | 72.90x | - | 2482.26x | - | 1871.73x | 4113.50x | 1109.25x | 628.13x | - | 546.45x | 648.06x | 441.17x | 591.19x | 513.50x | 297.98x | 225.11x | - | 354.63x | 330.74x |
| Net Debt / EBITDA | 2970.73x | 69.54x | - | 2444.79x | - | 1843.96x | 4018.25x | 1086.58x | 594.63x | - | 537.56x | 634.34x | 437.21x | 577.73x | 503.55x | 293.98x | 222.98x | - | 349.85x | 324.68x |
| Interest Coverage | 0.02x | 0.99x | -0.18x | 0.03x | -0.01x | 0.04x | 0.01x | 0.06x | 0.10x | -0.04x | 0.13x | 0.10x | 0.17x | 0.14x | 0.21x | 0.66x | 1.15x | -0.03x | 0.67x | 0.71x |
| Total Equity | 2.38B | 2.4B | 2.44B | 2.56B | 2.59B | 2.64B | 2.69B | 2.75B | 2.77B | 2.76B | 2.9B | 2.93B | 2.96B | 2.98B | 2.97B | 2.93B | 2.83B | 2.61B | 2.73B | 2.71B |
| Equity Growth % | -8.11% | -9.16% | -9.47% | -6.7% | -6.4% | -4.31% | -7.04% | -6.21% | -6.49% | -7.29% | -2.52% | 0.1% | 4.52% | 14.15% | 8.74% | 7.93% | 3.4% | 6.58% | 20.71% | 27.56% |
| Book Value per Share | 24.78 | 28.79 | 24.67 | 25.39 | 25.38 | 24.23 | 24.94 | 24.54 | 24.26 | 22.62 | 23.95 | 23.44 | 22.75 | 22.22 | 21.09 | 19.91 | 18.50 | 16.96 | 16.37 | 15.41 |
| Total Shareholders' Equity | 2.38B | 2.4B | 2.44B | 2.56B | 2.59B | 2.64B | 2.69B | 2.75B | 2.77B | 2.76B | 2.9B | 2.93B | 2.96B | 2.98B | 2.97B | 2.93B | 2.82B | 2.6B | 2.72B | 2.7B |
| Common Stock | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M |
| Retained Earnings | 4.55B | 4.55B | 4.57B | 4.67B | 4.68B | 4.7B | 4.69B | 4.71B | 4.69B | 4.64B | 4.68B | 4.63B | 4.58B | 4.49B | 4.41B | 4.32B | 4.17B | 3.94B | 3.98B | 3.83B |
| Treasury Stock | -5.59B | -5.56B | -5.54B | -5.51B | -5.48B | -5.44B | -5.38B | -5.34B | -5.3B | -5.25B | -5.18B | -5.11B | -5.03B | -4.92B | -4.83B | -4.74B | -4.63B | -4.5B | -4.34B | -4.19B |
| Accumulated OCI | 5M | 2M | -1M | 0 | 2M | 3M | 3M | 10M | 15M | 19M | 43M | 65M | 66M | 87M | 84M | 30M | -19M | -133M | -189M | -209M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6M | 11M | 11M | 11M |