NXDT Stock | | | USD 5.79 0.05 0.87% |
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 Accounts Payable and its Long Term Investments 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.
Accounts Payable vs Long Term Investments
Accounts Payable vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NexPoint Strategic Accounts Payable account and
Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NexPoint Strategic's Accounts Payable and Long Term Investments is -0.17. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments 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 Accounts Payable and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of NexPoint Strategic Opportunities are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., NexPoint Strategic's Accounts Payable and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents NexPoint Strategic obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of NexPoint Strategic are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Long Term Investments
Long Term Investments is an item on the asset side of NexPoint Strategic balance sheet that represents investments NexPoint Strategic intends to hold for over a year. NexPoint Strategic Opportunities long term investments may include different instruments such as stocks, bonds, real estate and cash.
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.
Issuance Of Capital Stock is likely to gain to about 104.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 10.6
M in 2024.
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
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Additional Tools for NexPoint Stock Analysis
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