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NexPoint Diversified Real Estate Trust (NexPoint Diversified Real Estate Trust) Return-on-Tangible-Equity : -9.91% (As of Mar. 2024)


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What is NexPoint Diversified Real Estate Trust Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. NexPoint Diversified Real Estate Trust's annualized net income for the quarter that ended in Mar. 2024 was $-86.19 Mil. NexPoint Diversified Real Estate Trust's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $870.03 Mil. Therefore, NexPoint Diversified Real Estate Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -9.91%.

The historical rank and industry rank for NexPoint Diversified Real Estate Trust's Return-on-Tangible-Equity or its related term are showing as below:

NXDT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.69   Med: 6.71   Max: 28.01
Current: -13

During the past 7 years, NexPoint Diversified Real Estate Trust's highest Return-on-Tangible-Equity was 28.01%. The lowest was -13.69%. And the median was 6.71%.

NXDT's Return-on-Tangible-Equity is ranked worse than
91.53% of 791 companies
in the REITs industry
Industry Median: 4.59 vs NXDT: -13.00

NexPoint Diversified Real Estate Trust Return-on-Tangible-Equity Historical Data

The historical data trend for NexPoint Diversified Real Estate Trust's Return-on-Tangible-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 Diversified Real Estate Trust Return-on-Tangible-Equity Chart

NexPoint Diversified Real Estate Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 7.56 -13.69 28.01 - -12.40

NexPoint Diversified Real Estate Trust Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.83 -5.69 -29.19 -7.15 -9.91

Competitive Comparison of NexPoint Diversified Real Estate Trust's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, NexPoint Diversified Real Estate Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Diversified Real Estate Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NexPoint Diversified Real Estate Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where NexPoint Diversified Real Estate Trust's Return-on-Tangible-Equity falls into.



NexPoint Diversified Real Estate Trust Return-on-Tangible-Equity Calculation

NexPoint Diversified Real Estate Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-117.241/( (1009.716+880.893 )/ 2 )
=-117.241/945.3045
=-12.40 %

NexPoint Diversified Real Estate Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-86.192/( (880.893+859.161)/ 2 )
=-86.192/870.027
=-9.91 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


NexPoint Diversified Real Estate Trust  (NYSE:NXDT) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


NexPoint Diversified Real Estate Trust Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of NexPoint Diversified Real Estate Trust's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


NexPoint Diversified Real Estate Trust (NexPoint Diversified Real Estate Trust) Business Description

Traded in Other Exchanges
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
NexPoint Diversified Real Estate Trust is a non-diversified, closed-end management investment company. Its investment objective is to provide both current income and capital appreciation. The portfolio of the fund consists of financial, REIT, telecommunication, information technology, asset-backed securities, and others.
Executives
Scott F Kavanaugh director 25342 DERBYHILL DR., LAGUNA HILLS CA 92653
Catherine D Wood director 200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701
James D Dondero 10 percent owner 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
Matthew Goetz officer: Sr VP-Investments & Asset Mgmt 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Matt Mcgraner officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Sauter Dennis Charles Jr officer: General Counsel 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Stephanie Vitiello officer: Chief Compliance Officer NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Ethan Powell director 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Dustin David Norris director, officer: Secretary 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Edward N. Constantino director DLC REALTY TRUST, INC., 580 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Brian Mitts officer: PFO & Assistant Treasurer 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Bryan A Ward director 3625 ROSEDALE, DALLAS TX 75205