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 ratio | 0.7x |
Cash | US$86.38m |
Equity | US$499.87m |
Total liabilities | US$1.61b |
Total assets | US$2.11b |
Recent financial health updates
No updates
Recent updates
NexPoint Residential: A Solid Dividend And Large Discount
Jan 03NexPoint Residential Trust: A 5.6% Yield From Sun Belt Multifamily Properties
Oct 16NexPoint Residential: Property Level Strength Is Offset By Rising Interest Burden
Jul 31NexPoint Residential Trust: Strong Company In A Strong Market
Jun 26NexPoint Residential Trust Q4 2022 Earnings Preview
Feb 20Sector Spotlight: NexPoint Residential Leads Multifamily REITs
Jan 18NexPoint Residential: Rent Rate Headroom In The Multifamily Slowdown
Nov 16NexPoint Residential Trust raises dividend by 10.5% to $0.42
Oct 25NexPoint: REIT Could Double In 2 Years Unless Blackstone Speeds Up The Process
Oct 19NexPoint Residential Has Given Back All COVID-Era Gains Despite 50% AFFO Per Share Growth
Sep 20NexPoint Residential Trust Q2 2022 Earnings Preview
Jul 25NexPoint Residential: Rising Rates Have Broken The Spell
Jul 15NexPoint Residential: 3rd Best REIT Investment Of The Past 5 Years
Apr 29NexPoint Residential: Carolina In My Mind
Feb 20Financial 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).