NexPoint Residential Trust (NexPoint Residential Trust) Cash-to-Debt : 0.01 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is NexPoint Residential Trust Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. NexPoint Residential Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, NexPoint Residential Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for NexPoint Residential Trust's Cash-to-Debt or its related term are showing as below:

NXRT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.01

During the past 11 years, NexPoint Residential Trust's highest Cash to Debt Ratio was 0.03. The lowest was 0.01. And the median was 0.02.

NXRT's Cash-to-Debt is ranked worse than
89.29% of 803 companies
in the REITs industry
Industry Median: 0.08 vs NXRT: 0.01

NexPoint Residential Trust Cash-to-Debt Historical Data

The historical data trend for NexPoint Residential Trust's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

NexPoint Residential Trust Cash-to-Debt Chart

NexPoint Residential Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.03

0.01

NexPoint Residential Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of NexPoint Residential Trust's Cash-to-Debt

For the REIT - Residential subindustry, NexPoint Residential Trust's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NexPoint Residential Trust's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NexPoint Residential Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where NexPoint Residential Trust's Cash-to-Debt falls into.

NexPoint Residential Trust Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

NexPoint Residential Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	12.367	/	(23.243	+	1477.03)
	=	0.01

NexPoint Residential Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	12.367	/	(23.243	+	1477.03)
	=	0.01

NexPoint Residential Trust (NYSE:NXRT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

NexPoint Residential Trust Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of NexPoint Residential Trust's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

NexPoint Residential Trust (NexPoint Residential Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NexPoint Residential Trust Inc (NYSE:NXRT) » Definitions » Cash-to-Debt

Comparable Companies

CSR AIV UMH BRT ELME VRE CLPR BHM IRT AVB EQR INVH MAA SUI ESS ELS AMH UDR CPT TSX:CAR.UN

Traded in Other Exchanges

N/A

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.

Executives

Brian Mitts	director, officer: See Remarks	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
James D Dondero	director, 10 percent owner, officer: President	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Sauter Dennis Charles Jr	officer: General Counsel	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Arthur B Laffer	director	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Carol Swain	director	C/O NEXPOINT RESIDENTIAL TRUST, INC., 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Catherine D Wood	director	200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701
Matt Mcgraner	officer: See Remarks	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Matthew Goetz	officer: See Remarks	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Highland Capital Management Fund Advisors, L.p.	10 percent owner	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Edward N. Constantino	director	DLC REALTY TRUST, INC., 580 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Scott F Kavanaugh	director	25342 DERBYHILL DR., LAGUNA HILLS CA 92653
Nexpoint Advisors, L.p.	10 percent owner	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Scott Ellington	officer: General Counsel and Secretary	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Nexpoint Diversified Real Estate Trust	10 percent owner	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Highland Capital Management Lp	10 percent owner	100 CRESCENT COURT, SUITE 1850, DALLAS TX 75201