Nexpoint Quick Ratio from 2010 to 2024

NXRT Stock  USD 47.16  0.68  1.46%   
Nexpoint Residential Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 19.04 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
22.28780053
Current Value
19.04
Quarterly Volatility
65.83109316
 
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 Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Nexpoint Residential Trust over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Nexpoint Residential's Quick Ratio 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.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Nexpoint Quick Ratio Regression Statistics

Arithmetic Mean43.70
Geometric Mean7.58
Coefficient Of Variation150.66
Mean Deviation55.98
Median3.24
Standard Deviation65.83
Sample Variance4,334
Range148
R-Value(0.73)
Mean Square Error2,203
R-Squared0.53
Significance0
Slope(10.70)
Total Sum of Squares60,672

Nexpoint Quick Ratio History

2024 19.04
2023 22.29
2022 0.46
2021 3.24
2020 2.47
2019 1.81
2018 2.53

About Nexpoint Residential Financial Statements

Nexpoint Residential shareholders use historical fundamental indicators, such as Quick Ratio, 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
Quick Ratio 22.29  19.04 

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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.