NexPoint Residential Trust (FRA:5O4) Variable Rate Debt (USD Mil) : 0.00 (As of . 20)

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What is NexPoint Residential Trust Variable Rate Debt (USD Mil)?

In the railway industry, Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The historical rank and industry rank for NexPoint Residential Trust's Variable Rate Debt (USD Mil) or its related term are showing as below:

NexPoint Residential Trust Variable Rate Debt (USD Mil) Historical Data

The historical data trend for NexPoint Residential Trust's Variable Rate Debt (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NexPoint Residential Trust Variable Rate Debt (USD Mil) Chart

NexPoint Residential Trust (FRA:5O4) Variable Rate Debt (USD Mil) Explanation

Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The variable interest rate fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically with the market. So, variable interest debt is not as good as fixed-rate debt because the company cannot benefit from inflation. But in some conditions, a company might experience lower borrowing costs or reduce the impact of volatile investment earnings by issuing variable rate securities.

NexPoint Residential Trust Variable Rate Debt (USD Mil) Related Terms

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NexPoint Residential Trust (FRA:5O4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NexPoint Residential Trust Inc (FRA:5O4) » Definitions » Variable Rate Debt (USD Mil)

Comparable Companies

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Traded in Other Exchanges

NXRT:USA

Address

300 Crescent Court, Suite 700, Dallas, TX, USA, 75201

Website

https://www.nexpointliving.com

NexPoint Residential Trust Inc is an us-based real estate investment trust company. Its company's investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions, and achieve long-term capital appreciation for stockholders. The company seeks to achieve these objectives through targeted management and a capex value-add program. It focuses on acquiring multifamily properties in markets with attractive job growth and household formation fundamentals primarily in the Southeastern and Southwestern United States. The company generates revenue from the rental of multifamily properties.

NexPoint Residential Trust (FRA:5O4) Headlines

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