Nexpoint Income Quality vs Average Inventory Analysis

NXRT Stock

USD 47.46 0.28 0.59%

Nexpoint Residential financial indicator trend analysis is infinitely more than just investigating Nexpoint Residential recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nexpoint Residential is a good investment. Please check the relationship between Nexpoint Residential Income Quality and its Average Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexpoint Residential Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Income Quality vs Average Inventory

Income Quality vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexpoint Residential Income Quality account and Average Inventory. At this time, the significance of the direction appears to have no relationship.

The correlation between Nexpoint Residential's Income Quality and Average Inventory is 0.08. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Nexpoint Residential Trust, assuming nothing else is changed. The correlation between historical values of Nexpoint Residential's Income Quality and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Nexpoint Residential Trust are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Income Quality i.e., Nexpoint Residential's Income Quality and Average Inventory go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Most indicators from Nexpoint Residential's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nexpoint Residential 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 Residential Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Nexpoint Residential's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 9.85 in 2024, whereas Selling General Administrative is likely to drop slightly above 19.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	131.0M	159.1M	167.1M	100.6M
Total Revenue	219.2M	264.0M	277.5M	173.1M

Gross Profit Total Revenue

Nexpoint Residential fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Net Tangible Assets	Current Deferred Revenue	Retained Earnings	Non Currrent Assets Other
Total Assets		0.3	1.0	0.79	1.0	1.0	0.97	0.77	1.0	0.46	0.77	0.8	0.85	0.54	0.05	0.25	1.0	0.87	0.47	-0.23	0.95	-0.02	0.93	0.9	0.74	0.52
Total Current Liabilities	0.3		0.29	0.19	0.27	0.28	0.29	0.26	0.27	-0.14	0.26	0.26	0.09	0.25	0.32	0.5	0.3	0.64	0.29	-0.2	0.37	0.36	0.21	0.27	-0.04	-0.16
Total Stockholder Equity	1.0	0.29		0.8	1.0	1.0	0.97	0.75	1.0	0.44	0.75	0.81	0.85	0.56	0.05	0.25	1.0	0.87	0.47	-0.22	0.94	-0.01	0.93	0.9	0.72	0.51
Other Liab	0.79	0.19	0.8		0.78	0.78	0.82	0.61	0.78	0.26	0.61	0.59	0.59	0.4	-0.06	0.32	0.78	0.74	0.55	0.39	0.62	0.02	0.64	0.62	0.46	0.31
Property Plant And Equipment Net	1.0	0.27	1.0	0.78		1.0	0.96	0.79	1.0	0.5	0.79	0.79	0.86	0.51	0.03	0.22	1.0	0.84	0.47	-0.24	0.95	-0.05	0.92	0.91	0.77	0.57
Net Debt	1.0	0.28	1.0	0.78	1.0		0.96	0.77	1.0	0.48	0.77	0.8	0.86	0.53	0.04	0.23	1.0	0.86	0.46	-0.24	0.95	-0.04	0.93	0.91	0.76	0.54
Accounts Payable	0.97	0.29	0.97	0.82	0.96	0.96		0.68	0.96	0.39	0.68	0.8	0.87	0.54	-0.11	0.32	0.97	0.88	0.5	-0.15	0.91	0.04	0.95	0.84	0.69	0.45
Cash	0.77	0.26	0.75	0.61	0.79	0.77	0.68		0.78	0.71	1.0	0.35	0.57	0.08	0.05	0.17	0.77	0.56	0.42	-0.15	0.74	-0.15	0.57	0.71	0.73	0.73
Non Current Assets Total	1.0	0.27	1.0	0.78	1.0	1.0	0.96	0.78		0.49	0.78	0.79	0.86	0.52	0.05	0.22	1.0	0.85	0.46	-0.23	0.95	-0.05	0.92	0.91	0.77	0.55
Other Assets	0.46	-0.14	0.44	0.26	0.5	0.48	0.39	0.71	0.49		0.71	0.14	0.51	-0.22	-0.06	-0.02	0.46	0.07	-0.05	-0.15	0.45	-0.15	0.4	0.36	0.72	0.76
Cash And Short Term Investments	0.77	0.26	0.75	0.61	0.79	0.77	0.68	1.0	0.78	0.71		0.35	0.57	0.08	0.05	0.17	0.77	0.56	0.42	-0.15	0.74	-0.15	0.57	0.71	0.73	0.73
Net Receivables	0.8	0.26	0.81	0.59	0.79	0.8	0.8	0.35	0.79	0.14	0.35		0.87	0.84	-0.03	0.41	0.8	0.78	0.25	-0.26	0.79	0.29	0.85	0.73	0.47	0.1
Common Stock Shares Outstanding	0.85	0.09	0.85	0.59	0.86	0.86	0.87	0.57	0.86	0.51	0.57	0.87		0.54	-0.19	0.22	0.86	0.66	0.34	-0.27	0.89	0.03	0.93	0.72	0.74	0.47
Short Term Investments	0.54	0.25	0.56	0.4	0.51	0.53	0.54	0.08	0.52	-0.22	0.08	0.84	0.54		0.1	0.43	0.54	0.66	0.0	-0.24	0.49	0.45	0.6	0.61	0.0	-0.33
Inventory	0.05	0.32	0.05	-0.06	0.03	0.04	-0.11	0.05	0.05	-0.06	0.05	-0.03	-0.19	0.1		-0.35	0.05	0.18	-0.01	-0.04	0.07	-0.21	-0.06	-0.01	-0.14	-0.07
Other Current Assets	0.25	0.5	0.25	0.32	0.22	0.23	0.32	0.17	0.22	-0.02	0.17	0.41	0.22	0.43	-0.35		0.24	0.41	-0.18	-0.01	0.15	0.9	0.22	0.3	-0.12	-0.32
Total Liab	1.0	0.3	1.0	0.78	1.0	1.0	0.97	0.77	1.0	0.46	0.77	0.8	0.86	0.54	0.05	0.24		0.87	0.47	-0.24	0.95	-0.03	0.93	0.9	0.75	0.53
Total Current Assets	0.87	0.64	0.87	0.74	0.84	0.86	0.88	0.56	0.85	0.07	0.56	0.78	0.66	0.66	0.18	0.41	0.87		0.53	-0.15	0.84	0.17	0.8	0.78	0.41	0.15
Intangible Assets	0.47	0.29	0.47	0.55	0.47	0.46	0.5	0.42	0.46	-0.05	0.42	0.25	0.34	0.0	-0.01	-0.18	0.47	0.53		0.19	0.54	-0.52	0.35	0.29	0.47	0.4
Common Stock	-0.23	-0.2	-0.22	0.39	-0.24	-0.24	-0.15	-0.15	-0.23	-0.15	-0.15	-0.26	-0.27	-0.24	-0.04	-0.01	-0.24	-0.15	0.19		-0.38	-0.05	-0.33	-0.45	-0.28	-0.2
Short Long Term Debt Total	0.95	0.37	0.94	0.62	0.95	0.95	0.91	0.74	0.95	0.45	0.74	0.79	0.89	0.49	0.07	0.15	0.95	0.84	0.54	-0.38		-0.11	0.93	0.84	0.78	0.56
Other Current Liab	-0.02	0.36	-0.01	0.02	-0.05	-0.04	0.04	-0.15	-0.05	-0.15	-0.15	0.29	0.03	0.45	-0.21	0.9	-0.03	0.17	-0.52	-0.05	-0.11		0.03	0.05	-0.38	-0.58
Net Tangible Assets	0.93	0.21	0.93	0.64	0.92	0.93	0.95	0.57	0.92	0.4	0.57	0.85	0.93	0.6	-0.06	0.22	0.93	0.8	0.35	-0.33	0.93	0.03		0.8	0.68	0.45
Current Deferred Revenue	0.9	0.27	0.9	0.62	0.91	0.91	0.84	0.71	0.91	0.36	0.71	0.73	0.72	0.61	-0.01	0.3	0.9	0.78	0.29	-0.45	0.84	0.05	0.8		0.62	0.42
Retained Earnings	0.74	-0.04	0.72	0.46	0.77	0.76	0.69	0.73	0.77	0.72	0.73	0.47	0.74	0.0	-0.14	-0.12	0.75	0.41	0.47	-0.28	0.78	-0.38	0.68	0.62		0.83
Non Currrent Assets Other	0.52	-0.16	0.51	0.31	0.57	0.54	0.45	0.73	0.55	0.76	0.73	0.1	0.47	-0.33	-0.07	-0.32	0.53	0.15	0.4	-0.2	0.56	-0.58	0.45	0.42	0.83

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Nexpoint Residential Account Relationship Matchups

Nexpoint Residential fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	1.8B	2.1B	2.2B	2.1B	1.5B
Total Current Liabilities	70.7M	26.8M	30.0M	97.4M	150.8M	93.5M
Total Stockholder Equity	426.2M	407.9M	469.8M	519.7M	494.6M	349.4M
Other Liab	4.6M	4.3M	4.7M	5.0M	5.8M	4.2M
Property Plant And Equipment Net	1.7B	1.8B	2.0B	2.0B	1.9B	1.4B
Net Debt	1.3B	1.3B	1.5B	1.6B	1.5B	1.1B
Accounts Payable	12.0M	10.1M	12.6M	12.3M	17.1M	9.2M
Cash	25.7M	24.5M	49.5M	16.8M	12.4M	21.6M
Non Current Assets Total	1.7B	1.8B	2.0B	2.1B	1.9B	1.4B
Other Assets	45.5M	1.8B	2.2B	79.7M	91.6M	87.0M
Cash And Short Term Investments	25.7M	24.5M	49.5M	16.8M	12.4M	21.6M
Net Receivables	6.3M	9.0M	4.8M	17.1M	14.6M	15.3M
Common Stock Shares Outstanding	24.6M	25.2M	25.8M	25.6M	26.2M	25.6M
Short Term Investments	4.4M	3K	3.8M	111.1M	74.0M	77.7M
Liabilities And Stockholders Equity	1.9B	1.8B	2.1B	2.2B	2.1B	1.5B
Inventory	(4.4M)	(3K)	(3.8M)	124.5M	(74.0M)	(70.3M)
Other Current Assets	(77.5M)	32.6M	39.2M	2.8M	149.3M	156.8M
Total Liab	1.4B	1.4B	1.6B	1.7B	1.6B	1.1B
Total Current Assets	123.8M	66.1M	93.5M	168.8M	170.6M	104.8M
Intangible Assets	1.4M	12.4M	1.7M	2.6M	3.0M	3.7M
Common Stock	234K	251K	250K	255K	256K	243.2K
Short Long Term Debt Total	1.6B	1.3B	1.6B	1.6B	1.5B	1.3B
Other Current Liab	(159.4M)	(12.6M)	(15.8M)	5.8M	99.2M	104.2M
Net Tangible Assets	429.5M	411.0M	469.8M	525.3M	604.1M	366.6M
Current Deferred Revenue	1.7M	1.6M	1.8M	1.8M	1.8M	1.7M
Retained Earnings	63.8M	75.3M	59.2M	11.9M	11.5M	20.1M
Non Currrent Assets Other	1.7B	1.8B	2.0B	(7.6M)	79.7M	75.7M
Long Term Debt	1.4B	1.2B	1.3B	1.6B	1.5B	1.1B
Non Current Liabilities Total	1.4B	1.4B	1.6B	1.6B	1.5B	1.2B
Other Stockholder Equity	296.0M	376.7M	407.8M	405.4M	413.0M	334.9M
Long Term Investments	1.8B	1.8B	2.0B	2.0B	2.3B	1.5B
Accumulated Other Comprehensive Income	2.5M	(44.4M)	2.6M	102.2M	69.9M	73.4M
Short Term Debt	216.5M	896K	1.5M	307K	23.2M	22.1M
Property Plant Equipment	1.7B	1.8B	2.0B	2.0B	2.2B	1.4B
Common Stock Total Equity	234K	251K	250K	255K	293.3K	258.6K
Retained Earnings Total Equity	63.8M	75.3M	59.2M	11.9M	13.7M	26.1M
Capital Surpluse	359.7M	376.7M	407.8M	405.4M	466.2M	347.0M

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