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 ratio | 0.6x |
| Cash | US$59.34m |
| Equity | US$453.10m |
| Total liabilities | US$1.50b |
| Total assets | US$1.95b |
Recent financial health updates
No updates
Recent updates
NexPoint Residential Trust: Still Attractive After Q2 Results
Aug 04NexPoint Residential Trust: Attractive Valuation Despite The Risks
May 01NexPoint 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 20Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NexPoint Residential Trust, Inc. is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amanda Sweitzer | Baird |
| Merrill Ross | Boenning & Scattergood, Inc. |
| Gaurav Mehta | B. Riley Securities, Inc. |