NexPoint Residential Trust (NexPoint Residential Trust) Debt-to-Equity : 2.84 (As of Mar. 2024)

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What is NexPoint Residential Trust Debt-to-Equity?

NexPoint Residential Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. NexPoint Residential Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,454.1 Mil. NexPoint Residential Trust's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $512.8 Mil. NexPoint Residential Trust's debt to equity for the quarter that ended in Mar. 2024 was 2.84.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

NXRT' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.54 Med: 3.18 Max: 4.13
Current: 2.84

During the past 11 years, the highest Debt-to-Equity Ratio of NexPoint Residential Trust was 4.13. The lowest was 2.54. And the median was 3.18.

NXRT's Debt-to-Equity is ranked worse than
93.15% of 672 companies
in the REITs industry
Industry Median: 0.78 vs NXRT: 2.84

NexPoint Residential Trust Debt-to-Equity Historical Data

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

* Premium members only.

NexPoint Residential Trust Debt-to-Equity Chart

NexPoint Residential Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.20

3.30

3.31

3.08

2.99

NexPoint Residential Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															3.27	3.27	2.91	2.99	2.84

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

For the REIT - Residential subindustry, NexPoint Residential Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the REITs Industry

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

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

NexPoint Residential Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(23.243	+	1453.787)	/	494.624
	=	2.99

NexPoint Residential Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1454.101)	/	512.779
	=	2.84

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

NexPoint Residential Trust Debt-to-Equity Related Terms

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NexPoint Residential Trust (NexPoint Residential Trust) Business Description

Industry

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

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