NexPoint Residential Trust, Inc.

NYSE:NXRT Stock Report

Market Cap: US$1.1b

NexPoint Residential Trust Balance Sheet Health

Financial Health criteria checks 1/6

NexPoint Residential Trust has a total shareholder equity of $453.1M and total debt of $1.5B, which brings its debt-to-equity ratio to 321.1%. Its total assets and total liabilities are $2.0B and $1.5B respectively. NexPoint Residential Trust's EBIT is $34.9M making its interest coverage ratio 0.6. It has cash and short-term investments of $59.3M.

Key information

321.1%

Debt to equity ratio

US$1.45b

Debt

Interest coverage ratio0.6x
CashUS$59.34m
EquityUS$453.10m
Total liabilitiesUS$1.50b
Total assetsUS$1.95b

Recent financial health updates

No updates

Recent updates

NexPoint Residential Trust: Still Attractive After Q2 Results

Aug 04

NexPoint Residential Trust: Attractive Valuation Despite The Risks

May 01

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

Financial Position Analysis

Short Term Liabilities: NXRT's short term assets ($144.1M) exceed its short term liabilities ($41.0M).

Long Term Liabilities: NXRT's short term assets ($144.1M) do not cover its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: NXRT's net debt to equity ratio (308%) is considered high.

Reducing Debt: NXRT's debt to equity ratio has increased from 274.7% to 321.1% over the past 5 years.

Debt Coverage: NXRT's debt is not well covered by operating cash flow (5.6%).

Interest Coverage: NXRT's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


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