Nexpoint Effective Tax Rate from 2010 to 2024

NXRT Stock  USD 47.07  0.39  0.82%   
Nexpoint Residential Effective Tax Rate yearly trend continues to be comparatively stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. From the period from 2010 to 2024, Nexpoint Residential Effective Tax Rate quarterly data regression had r-value of (0.45) and coefficient of variation of (179.17). View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(6.87)
Current Value
(6.53)
Quarterly Volatility
3.24523912
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nexpoint Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexpoint Residential's main balance sheet or income statement drivers, such as Depreciation And Amortization of 132.1 M, Interest Expense of 119 M or Selling General Administrative of 19.6 M, as well as many indicators such as Price To Sales Ratio of 3.02, Dividend Yield of 0.0375 or PTB Ratio of 1.7. Nexpoint financial statements analysis is a perfect complement when working with Nexpoint Residential Valuation or Volatility modules.
  
Check out the analysis of Nexpoint Residential Correlation against competitors.

Latest Nexpoint Residential's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Nexpoint Residential Trust over the last few years. Effective Tax Rate is the average rate at which Nexpoint Residential pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Nexpoint Residential total tax expenses by Nexpoint Residential earnings before taxes. It is Nexpoint Residential's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nexpoint Residential's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Nexpoint Effective Tax Rate Regression Statistics

Arithmetic Mean(1.81)
Geometric Mean1.39
Coefficient Of Variation(179.17)
Mean Deviation2.65
Median(0.81)
Standard Deviation3.25
Sample Variance10.53
Range9.7269
R-Value(0.45)
Mean Square Error9.02
R-Squared0.20
Significance0.09
Slope(0.33)
Total Sum of Squares147.44

Nexpoint Effective Tax Rate History

2024 -6.53
2023 -6.87
2022 -5.97
2021 2.0
2020 1.06
2019 0.38
2018 -7.72

About Nexpoint Residential Financial Statements

Nexpoint Residential shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Nexpoint Residential investors may analyze each financial statement separately, they are all interrelated. The changes in Nexpoint Residential's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nexpoint Residential's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Effective Tax Rate(6.87)(6.53)

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Additional Tools for Nexpoint Stock Analysis

When running Nexpoint Residential's price analysis, check to measure Nexpoint Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexpoint Residential is operating at the current time. Most of Nexpoint Residential's value examination focuses on studying past and present price action to predict the probability of Nexpoint Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexpoint Residential's price. Additionally, you may evaluate how the addition of Nexpoint Residential to your portfolios can decrease your overall portfolio volatility.