NAVI
Navient Corp
Halal Rating :
Last Price
$13.92
Last updated:
Market Cap
$1.49b
7D Change
7.24%
1 Year Change
-20.5%
Company Overview
Industries
Exchange
Nasdaq
Next Earnings Date
Navient Corporation is a student loan servicing company that provides education loan management and business processing solutions for education, healthcare, and government clients. The company was formed in 2014 through the split of Sallie Mae into two distinct entities. Navient manages and services federal and private student loans, as well as provides business processing services to various institutions.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $396.0m | $828.0m | $120.0m | $828.0m | 30.30% | 100.00% |
| June 30, 2024 | $247.0m | $843.0m | $130.0m | $843.0m | 52.63% | 100.00% |
| March 31, 2024 | $287.0m | $875.0m | $152.0m | $875.0m | 52.96% | 100.00% |
Company Impact
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