Nexpoint Total Revenue vs Total Current Assets 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 Total Revenue and its Total Current Assets 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.

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nexpoint Residential Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Nexpoint Residential's Total Revenue and Total Current Assets is 0.89. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets 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 Total Revenue and Total Current Assets 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 Revenue of Nexpoint Residential Trust are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Nexpoint Residential's Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts Nexpoint Residential generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC