NexPoint Residential Trust, Inc. (NXRT) Balance Sheet
NXRT balance sheet, 2025
December 31, 2025 · U.S. dollars$1.89B assets = $1.59B liabilities + $300.4M equity
Both columns are drawn to the same scale: what NXRT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NXRT financial health
Descriptive bands, not a rating. Fiscal 2025.
NXRT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.04B2016 | $1.89B2025 | +6.9%/yr | |
| Total liabilities | $779.3M2016 | $1.59B2025 | +8.2%/yr | |
| Shareholders’ equity | $256.1M2016 | $295.5M2025 | +1.6%/yr | |
| Cash & short-term investments | $22.7M2016 | $13.7M2025 | −5.5%/yr | |
| Total debt | $1.10B2016 | $1.56B2025 | +3.9%/yr | |
| Net cash (debt) | −$1.08B2016 | −$1.54B2025 | −$462.6M | |
| Working capital | −$271.1M2016 | −$58.9M2025 | +$212.2M | |
| Book value per share | $12.022016 | $11.642025 | −0.4%/yr | |
| Current ratio | 0.342016 | 0.482025 | +0.14 | |
| Debt / equity | 4.312016 | 5.272025 | +0.96 | |
| Shares outstanding | 21.3M2016 | 25.4M2025 | +2.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NXRT assets
NXRT liabilities and equity
NXRT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NXRT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $13.7M | $23.1M | $12.4M | $127.8M | $53.2M | $24.5M | $25.7M | $19.9M | $16.0M | $22.7M |
| Cash & equivalents | $13.7M | $23.1M | $12.4M | $16.8M | $49.5M | $24.5M | $25.7M | $19.9M | $16.0M | $22.7M |
| Short-term investments | — | — | $74.0M | $111.1M | $3.8M | $3,000 | $4.4M | $18.2M | $16.5M | $12.4M |
| Receivables | $9.1M | $12.3M | $14.6M | $17.1M | $4.8M | $9.0M | $6.3M | $3.3M | $2.9M | $3.0M |
| Inventory | $0 | $0 | −$74.0M | $124.5M | −$3.8M | −$3,000 | −$4.4M | $17.3M | −$1.6M | $79.4M |
| Other current assets | $31.5M | $30.8M | $217.7M | $0 | $39.2M | $32.6M | $96.2M | $32.3M | $61.7M | $34.2M |
| Total current assets | $54.2M | $66.3M | $170.6M | $168.8M | $93.5M | $66.1M | $123.8M | $72.9M | $79.1M | $139.4M |
| Property, plant & equipment (net) | $0 | $1.79B | $1.86B | $1.95B | $1.96B | $1.76B | $1.73B | $1.07B | $956.9M | $878.5M |
| Goodwill & intangible assets | $933,000 | $0 | $0 | $0 | $1.5M | $1.1M | $12.4M | $1.4M | $1.3M | $4.5M |
| Long-term investments | $0 | $0 | $0 | $2.04B | $1.96B | $1.76B | $1.78B | $1.09B | $991.2M | $963.0M |
| Other non-current assets | $1.83B | $47.9M | $79.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $1.89B | $1.91B | $2.11B | $2.23B | $2.06B | $1.83B | $1.87B | $1.16B | $1.06B | $1.04B |
| Liabilities | ||||||||||
| Accounts payable | $11.6M | $11.4M | $17.1M | $12.3M | $12.6M | $10.1M | $12.0M | $5.8M | $6.2M | $5.6M |
| Short-term debt | $88.1M | — | $23.2M | $72.6M | $278.2M | $182.3M | $216.5M | $15.5M | $8.6M | $340.4M |
| Deferred revenue | $1.2M | $1.4M | $1.8M | $1.8M | $1.8M | $1.6M | $1.7M | $1.5M | $1.5M | $1.3M |
| Total current liabilities | $113.1M | $24.7M | $150.8M | $170.0M | $308.3M | $209.1M | $70.7M | $36.0M | $58.4M | $410.5M |
| Long-term debt | $1.47B | $1.46B | $1.48B | $1.60B | $1.28B | $1.16B | $1.40B | $838.0M | $792.8M | $763.5M |
| Other long-term liabilities | $3.5M | $3.0M | $0 | $0 | $2.9M | $46.2M | $0 | $0 | $0 | $0 |
| Total liabilities | $1.59B | $1.49B | $1.61B | $1.70B | $1.59B | $1.42B | $1.44B | $862.6M | $813.8M | $779.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $254,000 | $254,000 | $256,000 | $255,000 | $255,000 | $250,000 | $251,000 | $234,000 | $210,000 | $241.7M |
| Retained earnings (deficit) | −$123.4M | −$38.0M | $11.5M | $11.9M | $59.2M | $75.3M | $63.8M | −$6.8M | $19.3M | −$14.6M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | −$4.6M |
| Accumulated other comprehensive income | $12.0M | $40.7M | $69.9M | $102.2M | $2.6M | −$44.4M | $2.5M | $17.0M | $13.7M | $9.1M |
| Minority interest | $4.9M | $5.8M | $5.2M | $5.6M | — | — | — | — | $0 | $24.6M |
| Total shareholders' equity | $295.5M | $410.4M | $494.6M | $519.7M | $469.8M | $407.9M | $429.5M | $298.6M | $241.6M | $256.1M |
| Key figures | ||||||||||
| Total debt | $1.56B | $1.46B | $1.48B | $1.60B | $1.55B | $1.35B | $1.62B | $853.5M | $801.4M | $1.10B |
| Net cash (debt) | −$1.54B | −$1.44B | −$1.46B | −$1.47B | −$1.50B | −$1.32B | −$1.59B | −$833.6M | −$785.4M | −$1.08B |
| Working capital | −$58.9M | $41.6M | $19.8M | −$1.2M | −$214.7M | −$143.1M | $53.1M | $36.8M | $20.8M | −$271.1M |
| Tangible book value | $294.6M | $410.4M | $494.6M | $519.7M | $468.3M | $406.8M | $417.1M | $297.2M | $240.2M | $251.6M |
| Book value per share | $11.64 | $15.64 | $18.85 | $20.29 | $18.24 | $16.17 | $17.47 | $13.78 | $11.29 | $12.02 |
| Shares outstanding | 25.4M | 26.2M | 26.2M | 25.6M | 25.8M | 25.2M | 24.6M | 21.7M | 21.4M | 21.3M |
| Current ratio | 0.48 | 2.69 | 1.13 | 0.99 | 0.30 | 0.32 | 1.75 | 2.02 | 1.36 | 0.34 |
| Quick ratio | 0.20 | 1.44 | 0.18 | 0.85 | 0.19 | 0.16 | 0.45 | 0.64 | 0.32 | 0.06 |
| Debt / equity | 5.27 | 3.57 | 2.99 | 3.08 | 3.31 | 3.30 | 3.77 | 2.86 | 3.32 | 4.31 |
| Equity / assets | 15.7% | 21.5% | 23.5% | 23.4% | 22.8% | 22.3% | 23.0% | 25.7% | 22.9% | 24.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $14.6M | $52.8M | $13.7M | $10.8M | $13.6M | $23.7M | $23.1M | $17.4M | $89.7M | $37.2M | $12.4M | $7.5M |
| Cash & equivalents | $14.6M | $52.8M | $13.7M | $10.8M | $13.6M | $23.7M | $23.1M | $17.4M | $21.3M | $37.2M | $12.4M | $7.5M |
| Short-term investments | — | — | — | — | — | — | — | — | $68.5M | $76.3M | $74.0M | $98.6M |
| Receivables | $9.4M | $8.8M | $9.1M | $11.2M | $14.4M | $11.7M | $12.3M | $12.7M | $11.5M | $13.1M | $14.6M | $14.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $73.5M | $0 | −$76.3M | $14.6M | −$98.6M |
| Other current assets | $32.0M | $0 | $31.5M | $39.3M | $34.4M | $35.1M | $30.8M | $0 | $0 | $148.0M | $129.1M | $274.8M |
| Total current assets | $56.0M | $27.2M | $54.2M | $61.4M | $62.4M | $70.5M | $66.3M | $93.7M | $86.3M | $121.9M | $170.6M | $198.4M |
| Property, plant & equipment (net) | $1.78B | $0 | $0 | $0 | $1.76B | $0 | $0 | $0 | $13.2M | $1.84B | $1.86B | $1.87B |
| Goodwill & intangible assets | $0 | $1.1M | $933,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $38.0M | $1.84B | $1.83B | $1.78B | $31.6M | $1.81B | $1.84B | $1.86B | $1.89B | $80.6M | $79.7M | $112.0M |
| Total assets | $1.88B | $1.87B | $1.89B | $1.84B | $1.86B | $1.88B | $1.91B | $1.95B | $1.99B | $2.04B | $2.11B | $2.18B |
| Liabilities | ||||||||||||
| Accounts payable | $13.2M | $11.7M | $11.6M | $17.2M | $13.2M | $12.0M | $11.4M | $12.2M | $10.8M | $14.1M | $17.1M | $19.0M |
| Short-term debt | $77.6M | $55.3M | $88.1M | — | — | — | — | $79,000 | $147,000 | $15.5M | $23.2M | $40.0M |
| Deferred revenue | $1.1M | $1.2M | $1.2M | $1.1M | $1.3M | $1.6M | $1.4M | $1.5M | $1.5M | $1.6M | $1.8M | $1.8M |
| Total current liabilities | $113.7M | $82.1M | $113.1M | $42.4M | $34.3M | $28.2M | $24.7M | $42.5M | $34.5M | $67.7M | $150.8M | $204.4M |
| Long-term debt | $1.51B | $1.51B | $1.47B | $1.47B | $1.47B | $1.47B | $1.46B | $1.45B | $1.45B | $1.45B | $1.48B | $1.49B |
| Other long-term liabilities | $0 | $2.9M | $3.5M | $3.5M | $3.3M | $3.0M | $3.0M | $3.0M | $3.0M | $3.1M | $0 | $0 |
| Total liabilities | $1.63B | $1.60B | $1.59B | $1.51B | $1.50B | $1.50B | $1.49B | $1.50B | $1.49B | $1.52B | $1.61B | $1.66B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $256,000 | $255,000 | $254,000 | $254,000 | $254,000 | $256,000 | $254,000 | $254,000 | $254,000 | $257,000 | $256,000 | $256,000 |
| Retained earnings (deficit) | −$166.7M | −$143.8M | −$123.4M | −$99.3M | −$78.2M | −$58.1M | −$38.0M | $2.2M | $23.7M | $25.7M | $11.5M | $5.5M |
| Accumulated other comprehensive income | $4.3M | $8.3M | $12.0M | $17.9M | $24.2M | $30.6M | $40.7M | $39.9M | $65.1M | $72.5M | $69.9M | $97.4M |
| Minority interest | $4.8M | $4.7M | $4.9M | $5.1M | $5.2M | — | — | — | — | — | — | — |
| Total shareholders' equity | $247.9M | $272.4M | $295.5M | $322.9M | $347.9M | $379.9M | $410.4M | $447.1M | $491.1M | $512.8M | $494.6M | $513.8M |
| Key figures | ||||||||||||
| Total debt | $1.59B | $1.57B | $1.56B | $1.47B | $1.47B | $1.47B | $1.46B | $1.45B | $1.45B | $1.45B | $1.48B | $1.49B |
| Net cash (debt) | −$1.57B | −$1.51B | −$1.54B | −$1.46B | −$1.45B | −$1.44B | −$1.44B | −$1.44B | −$1.36B | −$1.42B | −$1.46B | −$1.49B |
| Working capital | −$57.7M | −$54.8M | −$58.9M | $19.0M | $28.1M | $42.3M | $41.6M | $51.2M | $51.8M | $54.3M | $19.8M | −$6.0M |
| Tangible book value | $247.9M | $271.4M | $294.6M | $322.9M | $347.9M | $379.9M | $410.4M | $447.1M | $491.1M | $512.8M | $494.6M | $513.8M |
| Book value per share | $9.74 | $10.73 | $11.64 | $12.72 | $13.69 | $14.93 | $16.15 | $17.60 | $18.67 | $19.46 | $18.81 | $19.54 |
| Shares outstanding | 25.5M | 25.4M | 25.4M | 25.4M | 25.4M | 25.4M | 25.4M | 25.4M | 26.3M | 26.4M | 26.3M | 26.3M |
| Current ratio | 0.49 | 0.33 | 0.48 | 1.45 | 1.82 | 2.50 | 2.69 | 2.20 | 2.50 | 1.80 | 1.13 | 0.97 |
| Quick ratio | 0.21 | 0.75 | 0.20 | 0.52 | 0.82 | 1.26 | 1.44 | 0.71 | 2.93 | 0.74 | 0.18 | 0.11 |
| Debt / equity | 6.41 | 5.75 | 5.27 | 4.55 | 4.22 | 3.86 | 3.57 | 3.25 | 2.96 | 2.84 | 2.99 | 2.91 |
| Equity / assets | 13.2% | 14.5% | 15.7% | 17.5% | 18.7% | 20.2% | 21.5% | 22.9% | 24.7% | 25.1% | 23.5% | 23.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
NXRT financial position
At the end of fiscal 2025 (December 31, 2025), NexPoint Residential had total assets of $1.9 billion (down 1.1% from a year earlier), total liabilities of $1.6 billion and shareholders' equity of $295.5 million. It held $13.7 million in cash and short-term investments against $1.6 billion of debt, net debt of $1.5 billion. Its current ratio was 0.48. In the latest quarter (ended June 30, 2026) total assets were $1.9 billion and equity $247.9 million.
Related: NXRT income statement, NXRT cash flow statement, NXRT key metrics. See the NXRT stock overview for the latest quote and news.
NXRT balance sheet FAQ
What are NexPoint Residential's total assets?
NexPoint Residential reported total assets of $1.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.9 billion a year earlier.
How much debt does NexPoint Residential have?
NexPoint Residential had $1.6 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 5.27.
How much cash does NexPoint Residential have?
NexPoint Residential held $13.7 million in cash and short-term investments at the end of fiscal 2025; with $1.6 billion of debt that is net debt of $1.5 billion.
What is NexPoint Residential's book value?
NexPoint Residential's shareholders' equity (book value) was $295.5 million at the end of fiscal 2025, or $11.64 per share.
What is NexPoint Residential's current ratio?
NexPoint Residential had current assets of $54.2 million and current liabilities of $113.1 million, a current ratio of 0.48 (current liabilities exceed current assets).
How much goodwill does NexPoint Residential have?
NexPoint Residential carried $0.9 million of goodwill and intangible assets, 0.0% of total assets, at the end of fiscal 2025.