NexPoint Cash vs Non Current Assets Total Analysis

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 Cash and its Non Current Assets Total 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 Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexPoint Strategic Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have weak relationship.

The correlation between NexPoint Strategic's Cash and Non Current Assets Total is 0.32. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total 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 Non Current Assets Total 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 Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., NexPoint Strategic's Cash and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.

	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		0.97	0.69	-0.26	-0.35	-0.06	-0.14	0.05	0.72	0.87	-0.18	-0.37	-0.32	-0.36	-0.23	-0.19	-0.36	0.06	-0.19	-0.35	-0.19	-0.23	-0.26	-0.37	-0.31	-0.08
Total Current Liabilities	0.97		0.67	-0.35	-0.43	0.09	-0.13	0.1	0.76	0.9	-0.29	-0.32	-0.24	-0.35	-0.16	-0.14	-0.31	0.17	-0.14	-0.38	-0.17	-0.24	-0.16	-0.32	-0.31	-0.18
Other Liab	0.69	0.67		-0.07	-0.19	-0.08	-0.47	0.31	0.35	0.65	-0.27	-0.5	-0.22	-0.64	0.1	-0.57	-0.4	-0.08	-0.57	-0.65	0.15	-0.6	-0.02	-0.51	-0.22	-0.29
Net Tangible Assets	-0.26	-0.35	-0.07		0.84	-0.55	0.15	-0.54	-0.48	-0.44	0.15	0.36	0.37	0.32	0.27	0.15	0.29	-0.15	0.15	0.27	0.27	0.15	0.35	0.37	0.34	0.11
Retained Earnings	-0.35	-0.43	-0.19	0.84		-0.66	0.2	-0.51	-0.44	-0.48	-0.02	0.26	0.11	0.32	-0.02	0.28	0.22	0.15	0.28	0.16	-0.1	0.13	0.04	0.25	0.11	0.25
Accounts Payable	-0.06	0.09	-0.08	-0.55	-0.66		0.07	0.3	-0.07	0.07	-0.35	-0.15	0.07	-0.28	0.0	-0.02	-0.22	-0.02	-0.02	-0.32	0.08	-0.22	0.16	-0.14	-0.17	-0.31
Other Assets	-0.14	-0.13	-0.47	0.15	0.2	0.07		-0.03	-0.41	-0.01	-0.18	0.47	0.4	0.46	-0.32	0.94	0.21	0.0	0.94	0.44	-0.16	0.39	0.22	0.49	-0.07	-0.12
Net Receivables	0.05	0.1	0.31	-0.54	-0.51	0.3	-0.03		0.06	0.48	0.02	-0.03	0.12	-0.14	0.13	-0.12	-0.04	-0.18	-0.12	-0.17	0.22	-0.47	0.21	-0.04	0.04	-0.21
Other Current Assets	0.72	0.76	0.35	-0.48	-0.44	-0.07	-0.41	0.06		0.69	-0.01	-0.24	-0.36	-0.14	-0.07	-0.24	-0.14	0.4	-0.24	-0.17	-0.29	-0.02	-0.32	-0.24	-0.16	0.09
Total Current Assets	0.87	0.9	0.65	-0.44	-0.48	0.07	-0.01	0.48	0.69		-0.23	-0.21	-0.12	-0.25	-0.13	-0.03	-0.24	0.12	-0.03	-0.3	-0.12	-0.3	-0.05	-0.21	-0.25	-0.2
Common Stock	-0.18	-0.29	-0.27	0.15	-0.02	-0.35	-0.18	0.02	-0.01	-0.23		0.44	0.28	0.5	0.42	-0.2	0.53	-0.61	-0.2	0.68	0.47	0.05	0.2	0.43	0.71	0.41
Total Assets	-0.37	-0.32	-0.5	0.36	0.26	-0.15	0.47	-0.03	-0.24	-0.21	0.44		0.88	0.95	0.58	0.56	0.94	-0.26	0.56	0.82	0.54	0.31	0.75	1.0	0.8	0.19
Short Long Term Debt Total	-0.32	-0.24	-0.22	0.37	0.11	0.07	0.4	0.12	-0.36	-0.12	0.28	0.88		0.69	0.74	0.4	0.81	-0.37	0.4	0.62	0.77	0.12	0.96	0.89	0.76	-0.15
Total Stockholder Equity	-0.36	-0.35	-0.64	0.32	0.32	-0.28	0.46	-0.14	-0.14	-0.25	0.5	0.95	0.69		0.39	0.6	0.89	-0.17	0.6	0.88	0.32	0.45	0.5	0.94	0.73	0.4
Net Debt	-0.23	-0.16	0.1	0.27	-0.02	0.0	-0.32	0.13	-0.07	-0.13	0.42	0.58	0.74	0.39		-0.26	0.71	-0.37	-0.26	0.32	0.9	-0.17	0.83	0.58	0.84	-0.08
Cash	-0.19	-0.14	-0.57	0.15	0.28	-0.02	0.94	-0.12	-0.24	-0.03	-0.2	0.56	0.4	0.6	-0.26		0.32	0.26	1.0	0.51	-0.25	0.51	0.21	0.58	-0.04	-0.08
Non Current Assets Total	-0.36	-0.31	-0.4	0.29	0.22	-0.22	0.21	-0.04	-0.14	-0.24	0.53	0.94	0.81	0.89	0.71	0.32		-0.3	0.32	0.77	0.63	0.22	0.7	0.92	0.88	0.25
Non Currrent Assets Other	0.06	0.17	-0.08	-0.15	0.15	-0.02	0.0	-0.18	0.4	0.12	-0.61	-0.26	-0.37	-0.17	-0.37	0.26	-0.3		0.26	-0.3	-0.7	0.19	-0.35	-0.24	-0.59	-0.28
Cash And Short Term Investments	-0.19	-0.14	-0.57	0.15	0.28	-0.02	0.94	-0.12	-0.24	-0.03	-0.2	0.56	0.4	0.6	-0.26	1.0	0.32	0.26		0.51	-0.25	0.51	0.21	0.58	-0.04	-0.08
Common Stock Shares Outstanding	-0.35	-0.38	-0.65	0.27	0.16	-0.32	0.44	-0.17	-0.17	-0.3	0.68	0.82	0.62	0.88	0.32	0.51	0.77	-0.3	0.51		0.33	0.58	0.41	0.84	0.66	0.23
Non Current Liabilities Total	-0.19	-0.17	0.15	0.27	-0.1	0.08	-0.16	0.22	-0.29	-0.12	0.47	0.54	0.77	0.32	0.9	-0.25	0.63	-0.7	-0.25	0.33		-0.23	0.84	0.53	0.83	-0.07
Other Stockholder Equity	-0.23	-0.24	-0.6	0.15	0.13	-0.22	0.39	-0.47	-0.02	-0.3	0.05	0.31	0.12	0.45	-0.17	0.51	0.22	0.19	0.51	0.58	-0.23		-0.1	0.35	0.06	0.18
Total Liab	-0.26	-0.16	-0.02	0.35	0.04	0.16	0.22	0.21	-0.32	-0.05	0.2	0.75	0.96	0.5	0.83	0.21	0.7	-0.35	0.21	0.41	0.84	-0.1		0.76	0.72	-0.27
Net Invested Capital	-0.37	-0.32	-0.51	0.37	0.25	-0.14	0.49	-0.04	-0.24	-0.21	0.43	1.0	0.89	0.94	0.58	0.58	0.92	-0.24	0.58	0.84	0.53	0.35	0.76		0.78	0.14
Long Term Investments	-0.31	-0.31	-0.22	0.34	0.11	-0.17	-0.07	0.04	-0.16	-0.25	0.71	0.8	0.76	0.73	0.84	-0.04	0.88	-0.59	-0.04	0.66	0.83	0.06	0.72	0.78		0.35
Capital Stock	-0.08	-0.18	-0.29	0.11	0.25	-0.31	-0.12	-0.21	0.09	-0.2	0.41	0.19	-0.15	0.4	-0.08	-0.08	0.25	-0.28	-0.08	0.23	-0.07	0.18	-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)	(13.8M)	356K	338.2K
Total Current Liabilities	6.6M	3.1K	63.2K	15.0M	11.0M	14.9M
Retained Earnings	(255.3M)	(391.6M)	(2.7M)	17.9M	(126.6M)	(132.9M)
Accounts Payable	6.6M	3.1K	63.2K	2.8M	10.0M	5.6M
Other Assets	20.2M	8.6M	2.5M	44.0M	302.7M	317.9M
Net Receivables	26.8M	1.3M	912.9K	1.9M	10.4M	9.0M
Total Current Assets	27.1M	3.2M	3.6M	19.6M	31.0M	22.1M
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	(20.6M)	(19.6M)
Non Current Assets Total	1.3B	842.3M	1.0B	1.2B	764.6M	1.1B
Non Currrent Assets Other	(1.4B)	(854.1M)	(1.0B)	(2.2M)	(764.6M)	(802.8M)
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	26.8M	25.4M
Other Stockholder Equity	255.3M	1.2B	913.9M	999.8M	1.0B	948.8M
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC