NexPoint Intangible Assets vs Current Deferred Revenue 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 Intangible 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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

Intangible Assets vs Current Deferred Revenue

Intangible 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 Intangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NexPoint Strategic's Intangible Assets and Current Deferred Revenue is -0.68. Overlapping area represents the amount of variation of Intangible 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 Intangible 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 Intangible 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 Intangible Assets i.e., NexPoint Strategic's Intangible Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 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 Expense2.4M6.5M15.9M16.7M
Interest Income7.6M8.4M7.0M8.8M

NexPoint Strategic fundamental ratios Correlations

0.970.69-0.26-0.35-0.06-0.140.050.720.87-0.18-0.37-0.32-0.36-0.23-0.19-0.360.06-0.19-0.35-0.19-0.23-0.26-0.37-0.31-0.08
0.970.67-0.35-0.430.09-0.130.10.760.9-0.29-0.32-0.24-0.35-0.16-0.14-0.310.17-0.14-0.38-0.17-0.24-0.16-0.32-0.31-0.18
0.690.67-0.07-0.19-0.08-0.470.310.350.65-0.27-0.5-0.22-0.640.1-0.57-0.4-0.08-0.57-0.650.15-0.6-0.02-0.51-0.22-0.29
-0.26-0.35-0.070.84-0.550.15-0.54-0.48-0.440.150.360.370.320.270.150.29-0.150.150.270.270.150.350.370.340.11
-0.35-0.43-0.190.84-0.660.2-0.51-0.44-0.48-0.020.260.110.32-0.020.280.220.150.280.16-0.10.130.040.250.110.25
-0.060.09-0.08-0.55-0.660.070.3-0.070.07-0.35-0.150.07-0.280.0-0.02-0.22-0.02-0.02-0.320.08-0.220.16-0.14-0.17-0.31
-0.14-0.13-0.470.150.20.07-0.03-0.41-0.01-0.180.470.40.46-0.320.940.210.00.940.44-0.160.390.220.49-0.07-0.12
0.050.10.31-0.54-0.510.3-0.030.060.480.02-0.030.12-0.140.13-0.12-0.04-0.18-0.12-0.170.22-0.470.21-0.040.04-0.21
0.720.760.35-0.48-0.44-0.07-0.410.060.69-0.01-0.24-0.36-0.14-0.07-0.24-0.140.4-0.24-0.17-0.29-0.02-0.32-0.24-0.160.09
0.870.90.65-0.44-0.480.07-0.010.480.69-0.23-0.21-0.12-0.25-0.13-0.03-0.240.12-0.03-0.3-0.12-0.3-0.05-0.21-0.25-0.2
-0.18-0.29-0.270.15-0.02-0.35-0.180.02-0.01-0.230.440.280.50.42-0.20.53-0.61-0.20.680.470.050.20.430.710.41
-0.37-0.32-0.50.360.26-0.150.47-0.03-0.24-0.210.440.880.950.580.560.94-0.260.560.820.540.310.751.00.80.19
-0.32-0.24-0.220.370.110.070.40.12-0.36-0.120.280.880.690.740.40.81-0.370.40.620.770.120.960.890.76-0.15
-0.36-0.35-0.640.320.32-0.280.46-0.14-0.14-0.250.50.950.690.390.60.89-0.170.60.880.320.450.50.940.730.4
-0.23-0.160.10.27-0.020.0-0.320.13-0.07-0.130.420.580.740.39-0.260.71-0.37-0.260.320.9-0.170.830.580.84-0.08
-0.19-0.14-0.570.150.28-0.020.94-0.12-0.24-0.03-0.20.560.40.6-0.260.320.261.00.51-0.250.510.210.58-0.04-0.08
-0.36-0.31-0.40.290.22-0.220.21-0.04-0.14-0.240.530.940.810.890.710.32-0.30.320.770.630.220.70.920.880.25
0.060.17-0.08-0.150.15-0.020.0-0.180.40.12-0.61-0.26-0.37-0.17-0.370.26-0.30.26-0.3-0.70.19-0.35-0.24-0.59-0.28
-0.19-0.14-0.570.150.28-0.020.94-0.12-0.24-0.03-0.20.560.40.6-0.261.00.320.260.51-0.250.510.210.58-0.04-0.08
-0.35-0.38-0.650.270.16-0.320.44-0.17-0.17-0.30.680.820.620.880.320.510.77-0.30.510.330.580.410.840.660.23
-0.19-0.170.150.27-0.10.08-0.160.22-0.29-0.120.470.540.770.320.9-0.250.63-0.7-0.250.33-0.230.840.530.83-0.07
-0.23-0.24-0.60.150.13-0.220.39-0.47-0.02-0.30.050.310.120.45-0.170.510.220.190.510.58-0.23-0.10.350.060.18
-0.26-0.16-0.020.350.040.160.220.21-0.32-0.050.20.750.960.50.830.210.7-0.350.210.410.84-0.10.760.72-0.27
-0.37-0.32-0.510.370.25-0.140.49-0.04-0.24-0.210.431.00.890.940.580.580.92-0.240.580.840.530.350.760.780.14
-0.31-0.31-0.220.340.11-0.17-0.070.04-0.16-0.250.710.80.760.730.84-0.040.88-0.59-0.040.660.830.060.720.780.35
-0.08-0.18-0.290.110.25-0.31-0.12-0.210.09-0.20.410.19-0.150.4-0.08-0.080.25-0.28-0.080.23-0.070.18-0.270.140.35
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NexPoint Strategic Account Relationship Matchups

NexPoint Strategic fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab(6.6M)(3.1K)(63.2K)(13.8M)356K338.2K
Total Current Liabilities6.6M3.1K63.2K15.0M11.0M14.9M
Retained Earnings(255.3M)(391.6M)(2.7M)17.9M(126.6M)(132.9M)
Accounts Payable6.6M3.1K63.2K2.8M10.0M5.6M
Other Assets20.2M8.6M2.5M44.0M302.7M317.9M
Net Receivables26.8M1.3M912.9K1.9M10.4M9.0M
Total Current Assets27.1M3.2M3.6M19.6M31.0M22.1M
Common Stock1.2B1.2B913.9M37K38K36.1K
Total Assets1.4B854.1M1.0B1.2B1.1B1.1B
Short Long Term Debt Total328.4M45M42.5M171.3M196.9M165.9M
Total Stockholder Equity973.6M790.8M994.5M1.0B885.1M946.3M
Net Debt328.0M43.0M40.3M157.9M(20.6M)(19.6M)
Non Current Assets Total1.3B842.3M1.0B1.2B764.6M1.1B
Non Currrent Assets Other(1.4B)(854.1M)(1.0B)(2.2M)(764.6M)(802.8M)
Common Stock Shares Outstanding40.6M45.7M37.3M37.2M37.3M39.8M
Liabilities And Stockholders Equity1.4B854.1M1.0B1.2B1.1B1.1B
Non Current Liabilities Total328.4M45M42.5M15.0M26.8M25.4M
Other Stockholder Equity255.3M1.2B913.9M999.8M1.0B948.8M
Total Liab379.4M63.3M53.6M205.1M213.3M147.7M
Net Invested Capital1.3B835.8M953.7M1.2B1.1B1.1B
Long Term Investments1.3B842.3M1.0B893.3M757.5M749.6M

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