Nexpoint Interest Expense vs Selling General Administrative Analysis

NXRT Stock  USD 46.18  0.41  0.90%   
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 Interest Expense and its Selling General Administrative 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.

Interest Expense vs Selling General Administrative

Interest Expense vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexpoint Residential Interest Expense account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nexpoint Residential's Interest Expense and Selling General Administrative is 0.72. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Selling General Administrative 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 Interest Expense and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Nexpoint Residential Trust are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Interest Expense i.e., Nexpoint Residential's Interest Expense and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Selling General Administrative

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 11.81 in 2024, whereas Selling General Administrative is likely to drop slightly above 19.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit131.0M159.1M167.1M100.6M
Total Revenue219.2M264.0M277.5M173.1M

Nexpoint Residential fundamental ratios Correlations

0.161.00.791.01.00.970.771.00.390.770.80.850.540.050.241.00.750.47-0.230.95-0.430.930.90.740.15
0.160.140.060.130.140.080.260.14-0.080.260.02-0.130.030.570.250.160.240.27-0.150.240.34-0.010.13-0.070.04
1.00.140.81.01.00.970.751.00.370.750.810.850.560.050.251.00.760.47-0.220.94-0.440.930.90.720.14
0.790.060.80.780.780.820.610.780.210.610.590.590.4-0.060.320.780.650.550.390.62-0.350.640.620.460.02
1.00.131.00.781.00.960.791.00.440.790.790.860.510.030.221.00.720.47-0.240.95-0.440.920.910.770.19
1.00.141.00.781.00.960.771.00.420.770.80.860.530.040.221.00.740.46-0.240.95-0.440.930.910.760.17
0.970.080.970.820.960.960.680.960.320.680.80.870.54-0.110.310.970.80.5-0.150.91-0.530.950.840.690.01
0.770.260.750.610.790.770.680.780.691.00.350.570.080.050.170.770.430.42-0.150.74-0.20.570.710.730.48
1.00.141.00.781.01.00.960.780.430.780.790.860.520.050.211.00.730.46-0.230.95-0.430.920.910.770.19
0.39-0.080.370.210.440.420.320.690.430.690.040.43-0.31-0.04-0.070.4-0.1-0.06-0.130.390.020.330.30.690.65
0.770.260.750.610.790.770.681.00.780.690.350.570.080.050.170.770.430.42-0.150.74-0.20.570.710.730.48
0.80.020.810.590.790.80.80.350.790.040.350.870.84-0.030.40.80.870.25-0.260.79-0.460.850.730.47-0.33
0.85-0.130.850.590.860.860.870.570.860.430.570.870.54-0.190.20.860.720.34-0.270.89-0.620.930.720.74-0.01
0.540.030.560.40.510.530.540.080.52-0.310.080.840.540.10.420.540.760.0-0.240.49-0.20.60.610.0-0.58
0.050.570.05-0.060.030.04-0.110.050.05-0.040.05-0.03-0.190.1-0.340.05-0.19-0.01-0.040.070.53-0.06-0.01-0.140.34
0.240.250.250.320.220.220.310.170.21-0.070.170.40.20.42-0.340.230.64-0.190.00.140.130.210.29-0.13-0.65
1.00.161.00.781.01.00.970.771.00.40.770.80.860.540.050.230.750.47-0.240.95-0.440.930.90.750.15
0.750.240.760.650.720.740.80.430.73-0.10.430.870.720.76-0.190.640.750.42-0.170.74-0.470.740.710.33-0.47
0.470.270.470.550.470.460.50.420.46-0.060.420.250.340.0-0.01-0.190.470.420.190.54-0.670.350.290.470.23
-0.23-0.15-0.220.39-0.24-0.24-0.15-0.15-0.23-0.13-0.15-0.26-0.27-0.24-0.040.0-0.24-0.170.19-0.380.1-0.33-0.45-0.28-0.06
0.950.240.940.620.950.950.910.740.950.390.740.790.890.490.070.140.950.740.54-0.38-0.530.930.840.780.18
-0.430.34-0.44-0.35-0.44-0.44-0.53-0.2-0.430.02-0.2-0.46-0.62-0.20.530.13-0.44-0.47-0.670.1-0.53-0.54-0.35-0.520.05
0.93-0.010.930.640.920.930.950.570.920.330.570.850.930.6-0.060.210.930.740.35-0.330.93-0.540.80.680.01
0.90.130.90.620.910.910.840.710.910.30.710.730.720.61-0.010.290.90.710.29-0.450.84-0.350.80.620.08
0.74-0.070.720.460.770.760.690.730.770.690.730.470.740.0-0.14-0.130.750.330.47-0.280.78-0.520.680.620.52
0.150.040.140.020.190.170.010.480.190.650.48-0.33-0.01-0.580.34-0.650.15-0.470.23-0.060.180.050.010.080.52
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Nexpoint Residential Account Relationship Matchups

Nexpoint Residential fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.8B2.1B2.2B2.1B1.5B
Total Current Liabilities70.7M26.8M30.0M97.4M11.2M10.7M
Total Stockholder Equity426.2M407.9M469.8M519.7M494.6M349.4M
Other Liab4.6M4.3M4.7M5.0M5.8M4.2M
Property Plant And Equipment Net1.7B1.8B2.0B2.0B1.9B1.4B
Net Debt1.3B1.3B1.5B1.6B1.5B1.1B
Accounts Payable12.0M10.1M12.6M12.3M17.1M9.2M
Cash25.7M24.5M49.5M16.8M12.4M21.6M
Non Current Assets Total1.7B1.8B2.0B2.1B1.9B1.4B
Other Assets45.5M1.8B2.2B(79.7M)(91.6M)(87.0M)
Cash And Short Term Investments25.7M24.5M49.5M16.8M12.4M21.6M
Net Receivables6.3M9.0M4.8M17.1M14.6M15.3M
Common Stock Shares Outstanding24.6M25.2M25.8M25.6M26.2M25.6M
Short Term Investments4.4M3K3.8M111.1M74.0M77.7M
Liabilities And Stockholders Equity1.9B1.8B2.1B2.2B2.1B1.5B
Inventory(4.4M)(3K)(3.8M)124.5M(74.0M)(70.3M)
Other Current Assets(77.5M)32.6M39.2M2.8M143.7M150.8M
Total Liab1.4B1.4B1.6B1.7B1.6B1.1B
Total Current Assets123.8M66.1M93.5M168.8M250.3M262.8M
Intangible Assets1.4M12.4M1.7M2.6M3.0M3.7M
Common Stock234K251K250K255K256K243.2K
Short Long Term Debt Total1.6B1.3B1.6B1.6B1.5B1.3B
Other Current Liab(159.4M)(12.6M)(15.8M)5.8M(87.4M)(83.0M)
Net Tangible Assets429.5M411.0M469.8M525.3M604.1M366.6M
Current Deferred Revenue1.7M1.6M1.8M1.8M1.8M1.7M
Retained Earnings63.8M75.3M59.2M11.9M11.5M20.1M
Non Currrent Assets Other1.7B1.8B2.0B(7.6M)(1.9B)(1.8B)
Long Term Debt1.4B1.2B1.3B1.6B1.5B1.1B
Non Current Liabilities Total1.4B1.4B1.6B1.6B1.6B1.2B
Other Stockholder Equity296.0M376.7M407.8M405.4M413.0M334.9M
Long Term Investments1.8B1.8B2.0B2.0B2.3B1.5B
Accumulated Other Comprehensive Income2.5M(44.4M)2.6M102.2M69.9M73.4M
Short Term Debt216.5M896K1.5M307K(105.1M)(99.9M)
Property Plant Equipment1.7B1.8B2.0B2.0B2.2B1.4B
Common Stock Total Equity234K251K250K255K293.3K258.6K
Retained Earnings Total Equity63.8M75.3M59.2M11.9M13.7M26.1M
Capital Surpluse359.7M376.7M407.8M405.4M466.2M347.0M

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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.