NexPoint Cash vs Other Liab Analysis

NXDT Stock

USD 4.84 0.08 1.63%

NexPoint Strategic financial indicator trend analysis is infinitely more than just investigating NexPoint Strategic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexPoint Strategic is a good investment. Please check the relationship between NexPoint Strategic Cash and its Other Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexPoint Strategic Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Cash vs Other Liab

Cash vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexPoint Strategic Cash account and Other Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between NexPoint Strategic's Cash and Other Liab is -0.5. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Liab in the same time period over historical financial statements of NexPoint Strategic Opportunities, assuming nothing else is changed. The correlation between historical values of NexPoint Strategic's Cash and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of NexPoint Strategic Opportunities are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Cash i.e., NexPoint Strategic's Cash and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

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Cash

Cash refers to the most liquid asset of NexPoint Strategic, which is listed under current asset account on NexPoint Strategic Opportunities balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from NexPoint Strategic customers. The amounts must be unrestricted with restricted cash listed in a different NexPoint Strategic account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Liab

Most indicators from NexPoint Strategic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexPoint Strategic current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexPoint Strategic Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

At this time, NexPoint Strategic's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.36 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (4.96).

	2021	2022	2023	2024 (projected)
Interest Expense	2.4M	6.5M	15.9M	16.7M
Interest Income	7.6M	8.4M	7.0M	8.8M

Interest Expense Interest Income

NexPoint Strategic fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Total Current Assets	Common Stock	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Capital Stock
Other Current Liab		0.65	0.69	-0.23	-0.3	-0.14	-0.88	0.03	0.69	0.44	0.08	-0.51	-0.45	-0.51	-0.3	-0.88	0.61	0.32	-0.88	-0.49	-0.53	-0.33	-0.27	-0.53	-0.06	0.05
Total Current Liabilities	0.65		0.71	-0.36	-0.44	0.04	-0.24	0.1	0.83	0.89	-0.26	-0.37	-0.28	-0.39	-0.24	-0.24	0.01	0.23	-0.24	-0.42	-0.28	0.03	-0.18	-0.37	-0.29	-0.16
Other Liab	0.69	0.71		-0.07	-0.19	-0.25	-0.44	0.28	0.4	0.67	-0.27	-0.5	-0.22	-0.64	-0.14	-0.5	0.14	0.06	-0.5	-0.65	-0.15	-0.02	-0.02	-0.51	-0.22	-0.29
Net Tangible Assets	-0.23	-0.36	-0.07		0.84	-0.48	0.12	-0.54	-0.49	-0.45	0.15	0.36	0.37	0.32	0.37	0.13	0.12	-0.17	0.13	0.27	0.31	0.12	0.35	0.37	0.34	0.11
Retained Earnings	-0.3	-0.44	-0.19	0.84		-0.47	0.17	-0.49	-0.44	-0.48	-0.02	0.26	0.11	0.32	0.07	0.21	-0.01	0.09	0.21	0.16	0.02	0.02	0.04	0.25	0.11	0.25
Accounts Payable	-0.14	0.04	-0.25	-0.48	-0.47		0.07	0.22	0.15	0.03	-0.41	0.07	0.19	-0.02	0.17	0.11	-0.04	0.32	0.11	-0.17	0.04	0.48	0.25	0.08	-0.1	-0.33
Other Assets	-0.88	-0.24	-0.44	0.12	0.17	0.07		-0.02	-0.41	-0.03	-0.19	0.42	0.37	0.42	0.19	0.99	-0.8	-0.33	0.99	0.41	0.51	0.34	0.18	0.44	-0.1	-0.11
Net Receivables	0.03	0.1	0.28	-0.54	-0.49	0.22	-0.02		0.13	0.48	0.01	0.01	0.14	-0.1	0.16	-0.05	0.02	-0.1	-0.05	-0.14	0.16	-0.08	0.23	0.0	0.05	-0.21
Other Current Assets	0.69	0.83	0.4	-0.49	-0.44	0.15	-0.41	0.13		0.74	-0.09	-0.24	-0.34	-0.16	-0.3	-0.35	0.27	0.52	-0.35	-0.23	-0.51	-0.06	-0.29	-0.25	-0.18	0.05
Total Current Assets	0.44	0.89	0.67	-0.45	-0.48	0.03	-0.03	0.48	0.74		-0.22	-0.22	-0.14	-0.26	-0.14	-0.04	-0.12	0.12	-0.04	-0.31	-0.12	0.03	-0.06	-0.22	-0.24	-0.2
Common Stock	0.08	-0.26	-0.27	0.15	-0.02	-0.41	-0.19	0.01	-0.09	-0.22		0.44	0.28	0.5	0.33	-0.2	0.5	-0.49	-0.2	0.68	0.29	-0.7	0.2	0.43	0.71	0.41
Total Assets	-0.51	-0.37	-0.5	0.36	0.26	0.07	0.42	0.01	-0.24	-0.22	0.44		0.88	0.95	0.84	0.47	0.21	-0.35	0.47	0.82	0.74	0.08	0.75	1.0	0.8	0.19
Short Long Term Debt Total	-0.45	-0.28	-0.22	0.37	0.11	0.19	0.37	0.14	-0.34	-0.14	0.28	0.88		0.69	0.98	0.38	0.19	-0.44	0.38	0.62	0.9	0.29	0.96	0.89	0.76	-0.15
Total Stockholder Equity	-0.51	-0.39	-0.64	0.32	0.32	-0.02	0.42	-0.1	-0.16	-0.26	0.5	0.95	0.69		0.64	0.49	0.18	-0.26	0.49	0.88	0.54	-0.05	0.5	0.94	0.73	0.4
Net Debt	-0.3	-0.24	-0.14	0.37	0.07	0.17	0.19	0.16	-0.3	-0.14	0.33	0.84	0.98	0.64		0.2	0.35	-0.42	0.2	0.56	0.87	0.23	0.98	0.85	0.82	-0.14
Cash	-0.88	-0.24	-0.5	0.13	0.21	0.11	0.99	-0.05	-0.35	-0.04	-0.2	0.47	0.38	0.49	0.2		-0.75	-0.23	1.0	0.45	0.46	0.39	0.19	0.5	-0.08	-0.1
Non Current Assets Total	0.61	0.01	0.14	0.12	-0.01	-0.04	-0.8	0.02	0.27	-0.12	0.5	0.21	0.19	0.18	0.35	-0.75		0.13	-0.75	0.11	-0.06	-0.32	0.29	0.18	0.64	0.25
Non Currrent Assets Other	0.32	0.23	0.06	-0.17	0.09	0.32	-0.33	-0.1	0.52	0.12	-0.49	-0.35	-0.44	-0.26	-0.42	-0.23	0.13		-0.23	-0.38	-0.75	0.36	-0.36	-0.33	-0.5	-0.24
Cash And Short Term Investments	-0.88	-0.24	-0.5	0.13	0.21	0.11	0.99	-0.05	-0.35	-0.04	-0.2	0.47	0.38	0.49	0.2	1.0	-0.75	-0.23		0.45	0.46	0.39	0.19	0.5	-0.08	-0.1
Common Stock Shares Outstanding	-0.49	-0.42	-0.65	0.27	0.16	-0.17	0.41	-0.14	-0.23	-0.31	0.68	0.82	0.62	0.88	0.56	0.45	0.11	-0.38	0.45		0.55	-0.1	0.41	0.84	0.66	0.23
Non Current Liabilities Total	-0.53	-0.28	-0.15	0.31	0.02	0.04	0.51	0.16	-0.51	-0.12	0.29	0.74	0.9	0.54	0.87	0.46	-0.06	-0.75	0.46	0.55		0.15	0.84	0.74	0.66	-0.13
Other Stockholder Equity	-0.33	0.03	-0.02	0.12	0.02	0.48	0.34	-0.08	-0.06	0.03	-0.7	0.08	0.29	-0.05	0.23	0.39	-0.32	0.36	0.39	-0.1	0.15		0.31	0.13	-0.26	-0.61
Total Liab	-0.27	-0.18	-0.02	0.35	0.04	0.25	0.18	0.23	-0.29	-0.06	0.2	0.75	0.96	0.5	0.98	0.19	0.29	-0.36	0.19	0.41	0.84	0.31		0.76	0.72	-0.27
Net Invested Capital	-0.53	-0.37	-0.51	0.37	0.25	0.08	0.44	0.0	-0.25	-0.22	0.43	1.0	0.89	0.94	0.85	0.5	0.18	-0.33	0.5	0.84	0.74	0.13	0.76		0.78	0.14
Long Term Investments	-0.06	-0.29	-0.22	0.34	0.11	-0.1	-0.1	0.05	-0.18	-0.24	0.71	0.8	0.76	0.73	0.82	-0.08	0.64	-0.5	-0.08	0.66	0.66	-0.26	0.72	0.78		0.35
Capital Stock	0.05	-0.16	-0.29	0.11	0.25	-0.33	-0.11	-0.21	0.05	-0.2	0.41	0.19	-0.15	0.4	-0.14	-0.1	0.25	-0.24	-0.1	0.23	-0.13	-0.61	-0.27	0.14	0.35

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NexPoint Strategic Account Relationship Matchups

NexPoint Strategic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	(6.6M)	(3.1K)	(63.2K)	(15.0M)	(170.9M)	(162.4M)
Total Current Liabilities	6.6M	3.1K	63.2K	15.0M	356K	338.2K
Retained Earnings	(255.3M)	(391.6M)	(2.7M)	17.9M	(126.6M)	(132.9M)
Accounts Payable	6.6M	3.1K	63.2K	15.0M	10.0M	6.5M
Other Assets	20.2M	8.6M	2.5M	44.0M	1.1B	1.1B
Net Receivables	26.8M	1.3M	1.3M	6.2M	10.4M	9.4M
Total Current Assets	27.1M	3.2M	3.6M	19.6M	25.0M	21.7M
Common Stock	1.2B	1.2B	913.9M	37K	38K	36.1K
Total Assets	1.4B	854.1M	1.0B	1.2B	1.1B	1.1B
Short Long Term Debt Total	328.4M	45M	42.5M	171.3M	196.9M	165.9M
Total Stockholder Equity	973.6M	790.8M	994.5M	1.0B	885.1M	946.3M
Net Debt	328.0M	43.0M	40.3M	157.9M	143.7M	112.4M
Non Current Assets Total	1.3B	842.3M	1.0B	1.2B	13.9M	13.2M
Non Currrent Assets Other	(1.3B)	(842.3M)	(1.0B)	(2.2M)	(1.0B)	(1.1B)
Common Stock Shares Outstanding	40.6M	45.7M	37.3M	37.2M	37.3M	39.8M
Liabilities And Stockholders Equity	1.4B	854.1M	1.0B	1.2B	1.1B	1.1B
Non Current Liabilities Total	328.4M	45M	42.5M	15.0M	212.9M	223.6M
Other Stockholder Equity	255.3M	391.6M	2.7M	999.8M	1.0B	681.3M
Total Liab	379.4M	63.3M	53.6M	205.1M	213.3M	147.7M
Net Invested Capital	1.3B	835.8M	953.7M	1.2B	1.1B	1.1B
Long Term Investments	1.3B	842.3M	1.0B	893.3M	757.5M	749.6M

Pair Trading with NexPoint Strategic

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NexPoint Strategic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NexPoint Strategic will appreciate offsetting losses from the drop in the long position's value.

Moving together with NexPoint Stock

0.67

DOUG

Douglas Elliman

Pair Corr

Moving against NexPoint Stock

0.63	KW	Kennedy Wilson Holdings	Pair Corr
0.54	BHM	Bluerock Homes Trust	Pair Corr
0.47	DOMA	Doma Holdings	Pair Corr
0.46	CKX	CKX Lands	Pair Corr
0.45	CWK	Cushman Wakefield plc	Pair Corr

The ability to find closely correlated positions to NexPoint Strategic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NexPoint Strategic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NexPoint Strategic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NexPoint Strategic Opportunities to buy it.

The correlation of NexPoint Strategic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NexPoint Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NexPoint Strategic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NexPoint Strategic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for NexPoint Stock Analysis

When running NexPoint Strategic's price analysis, check to measure NexPoint Strategic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NexPoint Strategic is operating at the current time. Most of NexPoint Strategic's value examination focuses on studying past and present price action to predict the probability of NexPoint Strategic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexPoint Strategic's price. Additionally, you may evaluate how the addition of NexPoint Strategic to your portfolios can decrease your overall portfolio volatility.

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