NXDT Stock | | | USD 5.40 0.07 1.28% |
NexPoint Strategic financial indicator trend analysis is infinitely more than just investigating NexPoint Strategic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexPoint Strategic is a good investment. Please check the relationship between NexPoint Strategic Total Assets and its Total Current Liabilities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexPoint Strategic Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Total Assets vs Total Current Liabilities
Total Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NexPoint Strategic Total Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NexPoint Strategic's Total Assets and Total Current Liabilities is -0.32. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of NexPoint Strategic Opportunities, assuming nothing else is changed. The correlation between historical values of NexPoint Strategic's Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of NexPoint Strategic Opportunities are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., NexPoint Strategic's Total Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of NexPoint Strategic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NexPoint Strategic books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Total Current Liabilities
Total Current Liabilities is an item on NexPoint Strategic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NexPoint Strategic Opportunities are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from NexPoint Strategic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexPoint Strategic current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexPoint Strategic Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Issuance Of Capital Stock is likely to gain to about 104.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 10.6
M in 2024.
NexPoint Strategic fundamental ratios Correlations
Click cells to compare fundamentals
NexPoint Strategic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NexPoint Strategic fundamental ratios Accounts
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Additional Tools for NexPoint Stock Analysis
When running NexPoint Strategic's price analysis, check to
measure NexPoint Strategic'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 Strategic is operating at the current time. Most of NexPoint Strategic's value examination focuses on studying past and present price action to
predict the probability of NexPoint Strategic'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 Strategic's price. Additionally, you may evaluate how the addition of NexPoint Strategic to your portfolios can decrease your overall portfolio volatility.