NXRT Stock | | | USD 47.16 0.68 1.46% |
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 Short Long Term Debt Total and its Total Current Liabilities 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.
Short Long Term Debt Total vs Total Current Liabilities
Short Long Term Debt Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nexpoint Residential Short Long Term Debt Total account and
Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nexpoint Residential's Short Long Term Debt Total and Total Current Liabilities is 0.24. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Current Liabilities 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 Short Long Term Debt Total 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 Short Long Term Debt Total of Nexpoint Residential Trust 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 Short Long Term Debt Total i.e., Nexpoint Residential's Short Long Term Debt Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Long Term Debt Total
Total Current Liabilities
Total Current Liabilities is an item on Nexpoint Residential 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 Residential Trust 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 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.
Nexpoint Residential fundamental ratios Correlations
Click cells to compare fundamentals
Nexpoint Residential Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nexpoint Residential fundamental ratios Accounts
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Additional Tools for Nexpoint Stock Analysis
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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.