NexPoint Residential Trust, Inc.

NYSE:NXRT Stock Report

Market Cap: US$854.5m

NexPoint Residential Trust Balance Sheet Health

Financial Health criteria checks 1/6

NexPoint Residential Trust has a total shareholder equity of $499.9M and total debt of $1.6B, which brings its debt-to-equity ratio to 313.1%. Its total assets and total liabilities are $2.1B and $1.6B respectively. NexPoint Residential Trust's EBIT is $45.5M making its interest coverage ratio 0.7. It has cash and short-term investments of $86.4M.

Key information

313.1%

Debt to equity ratio

US$1.57b

Debt

Interest coverage ratio0.7x
CashUS$86.38m
EquityUS$499.87m
Total liabilitiesUS$1.61b
Total assetsUS$2.11b

Recent financial health updates

No updates

Recent updates

NexPoint Residential: A Solid Dividend And Large Discount

Jan 03

NexPoint Residential Trust: A 5.6% Yield From Sun Belt Multifamily Properties

Oct 16

NexPoint Residential: Property Level Strength Is Offset By Rising Interest Burden

Jul 31

NexPoint Residential Trust: Strong Company In A Strong Market

Jun 26

NexPoint Residential Trust Q4 2022 Earnings Preview

Feb 20

Sector Spotlight: NexPoint Residential Leads Multifamily REITs

Jan 18

NexPoint Residential: Rent Rate Headroom In The Multifamily Slowdown

Nov 16

NexPoint Residential Trust raises dividend by 10.5% to $0.42

Oct 25

NexPoint: REIT Could Double In 2 Years Unless Blackstone Speeds Up The Process

Oct 19

NexPoint Residential Has Given Back All COVID-Era Gains Despite 50% AFFO Per Share Growth

Sep 20

NexPoint Residential Trust Q2 2022 Earnings Preview

Jul 25

NexPoint Residential: Rising Rates Have Broken The Spell

Jul 15

NexPoint Residential: 3rd Best REIT Investment Of The Past 5 Years

Apr 29

NexPoint Residential: Carolina In My Mind

Feb 20

Financial Position Analysis

Short Term Liabilities: NXRT's short term assets ($250.3M) exceed its short term liabilities ($105.9M).

Long Term Liabilities: NXRT's short term assets ($250.3M) do not cover its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: NXRT's net debt to equity ratio (295.8%) is considered high.

Reducing Debt: NXRT's debt to equity ratio has increased from 280.7% to 313.1% over the past 5 years.

Debt Coverage: NXRT's debt is not well covered by operating cash flow (6.2%).

Interest Coverage: NXRT's interest payments on its debt are not well covered by EBIT (0.7x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.