NexPoint Total Assets vs Current Deferred Revenue Analysis
| NXDT Stock | USD 5.91 0.14 2.43% |
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 Total Assets and its Current Deferred Revenue 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.
Total Assets vs Current Deferred Revenue
Total Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexPoint Strategic Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NexPoint Strategic's Total Assets and Current Deferred Revenue is 0.41. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue 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 Total Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of NexPoint Strategic Opportunities are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., NexPoint Strategic's Total Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.41 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of NexPoint Strategic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NexPoint Strategic books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 |
NexPoint Strategic fundamental ratios Correlations
Click cells to compare fundamentals
NexPoint Strategic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
| 0.64 | AEI | Alset Ehome International | PairCorr |
Moving against NexPoint Stock
| 0.59 | BHM | Bluerock Homes Trust | PairCorr |
| 0.47 | DOMA | Doma Holdings | PairCorr |
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.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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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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.