NexPoint Diversified Real Estate Trust Balance Sheet Health
Financial Health criteria checks 3/6
NexPoint Diversified Real Estate Trust has a total shareholder equity of $863.0M and total debt of $195.1M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are $1.1B and $211.5M respectively. NexPoint Diversified Real Estate Trust's EBIT is $8.1M making its interest coverage ratio 0.5. It has cash and short-term investments of $20.2M.
Key information
22.6%
Debt to equity ratio
US$195.11m
Debt
Interest coverage ratio | 0.5x |
Cash | US$20.17m |
Equity | US$863.02m |
Total liabilities | US$211.53m |
Total assets | US$1.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NXDT.PRA's short term assets ($76.2M) do not cover its short term liabilities ($152.4M).
Long Term Liabilities: NXDT.PRA's short term assets ($76.2M) exceed its long term liabilities ($59.1M).
Debt to Equity History and Analysis
Debt Level: NXDT.PRA's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: NXDT.PRA's debt to equity ratio has reduced from 23.5% to 22.6% over the past 5 years.
Debt Coverage: NXDT.PRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NXDT.PRA's interest payments on its debt are not well covered by EBIT (0.5x coverage).