Quick Ratio Analysis of Nexpoint Residential TR Inc. - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

8.99


Excellent Quick Ratio
Period Ending - Dec-22
0.455

Poor Quick Ratio
Growth
1876.03 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

16.63


Excellent Quick Ratio
Quick Ratio Analysis of Nexpoint Residential TR Inc.
Quick Ratio of Nexpoint Residential TR Inc. with value of 8.99 indicates company has liquid assets to pay its obligations.
Quick Ratio of Nexpoint Residential TR Inc. with value of 16.63 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of NXRT rose handsomely by 1876.03 % this year.
Quick Ratio of NXRT trending up for at least three Years.
Quick Ratio with value of 0.279 was lowest in Year Dec-19 in last Five Years.
Latest Quick Ratio with value of 8.99 is Greater than Average Quick Ratio of 2.08 in last five years.
Other Quick Ratio Related Info of NXRT that may interest you.
Nexpoint Residential TR Inc. Overview
CodePricePrevious PricePrice ChangeSector
NXRT36.6735.81 2.40 % REIT-Residential
Fundamental AnalysisTechnical Analysis
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio.   more ..
Quick Ratio Formula
Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio
Tsr Stability Index
Poor Stability Stock
FY - Historical Quick Ratio of Nexpoint Residential TR Inc.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio8.990.4550.3340.3270.2791.610.550
Change1876.03 %36.26 %2.00 %17.15 %-82.61 %192.12 %275.64 %
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FY Chart of Quick Ratio of Nexpoint Residential TR Inc.


Note : All Data Generated at the End of Trading Hours (EOD Data)