NexPoint Net Receivables vs Other Current Assets Analysis

NXDT Stock

USD 5.51 0.06 1.10%

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 Net Receivables and its Other Current Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexPoint Strategic Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between NexPoint Strategic's Net Receivables and Other Current Assets is 0.13. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets 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 Net Receivables and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of NexPoint Strategic Opportunities are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., NexPoint Strategic's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 tightly coupled 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

Click cells to compare fundamentals

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 against NexPoint Stock

0.72	NYC	New York City	Pair Corr
0.67	KW	Kennedy Wilson Holdings	Pair Corr
0.56	NEN	New England Realty	Pair Corr
0.49	CWK	Cushman Wakefield plc	Pair Corr
0.49	IRS	IRSA Inversiones Y	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

When determining whether NexPoint Strategic is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NexPoint Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nexpoint Strategic Opportunities Stock. Highlighted below are key reports to facilitate an investment decision about Nexpoint Strategic Opportunities Stock:

How To Invest In NexPoint

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Is NexPoint Stock a good investment?

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What is NexPoint Strategic's Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Note that the NexPoint Strategic information on this page should be used as a complementary analysis to other NexPoint Strategic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary 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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Is NexPoint Strategic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NexPoint Strategic. If investors know NexPoint will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NexPoint Strategic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Dividend Share

0.6

Earnings Share

0.99

Revenue Per Share

1.588

Quarterly Revenue Growth

(0.21)

Return On Assets

0.0045

The market value of NexPoint Strategic is measured differently than its book value, which is the value of NexPoint that is recorded on the company's balance sheet. Investors also form their own opinion of NexPoint Strategic's value that differs from its market value or its book value, called intrinsic value, which is NexPoint Strategic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NexPoint Strategic's market value can be influenced by many factors that don't directly affect NexPoint Strategic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between NexPoint Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexPoint Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexPoint Strategic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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NexPoint Net Receivables vs Other Current Assets Analysis

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Other Current Assets

NexPoint Strategic fundamental ratios Correlations

NexPoint Strategic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NexPoint Strategic fundamental ratios Accounts

Pair Trading with NexPoint Strategic

Moving against NexPoint Stock

Complementary Tools for NexPoint Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Cash	+ 0.99	Other Assets
Cash And Short Term Investments	+ 0.99	Other Assets
Net Debt	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Net Debt

Cash And Short Term Investments	- 0.88	Other Current Liab
Cash	- 0.88	Other Current Liab
Other Assets	- 0.88	Other Current Liab
Non Current Assets Total	- 0.8	Other Assets
Non Current Liabilities Total	- 0.75	Non Currrent Assets Other
Cash And Short Term Investments	- 0.75	Non Current Assets Total