Nexpoint Pb Ratio vs Cash Per Share 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 Pb Ratio and its Cash Per Share 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.
Pb Ratio vs Cash Per Share
Pb Ratio vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexpoint Residential Pb Ratio account and Cash Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nexpoint Residential's Pb Ratio and Cash Per Share is -0.63. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Cash Per Share 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 Pb Ratio and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Nexpoint Residential Trust are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Pb Ratio i.e., Nexpoint Residential's Pb Ratio and Cash Per Share go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Pb Ratio
Cash Per Share
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 |
Nexpoint Residential fundamental ratios Correlations
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Nexpoint Residential Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.