NexPoint Diversified Real Estate Trust Financial Ratios — NXDT

Profitability (USD)

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	5.86	7.56	-13.69	28.84	4.59	-12.81	-5.97	-16.95
Return on Assets (%)	- -	4.58	5.48	-10.94	26.29	4.31	-10.1	-4.02	-10.88
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	95.84	91.43	91.15	105.53	97.47	69.68	152.13	-586.87	209.29
Profit Margin (%)	95.84	91.43	91.15	105.53	97.47	57.87	155.75	-496.81	205.84
Net Income to Common Margin (%)	95.84	91.43	91.15	105.53	95.69	52.41	161.89	-545.92	214.3
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	55.26	166.21	139.45	-44.25	6.32	41.91	-11	-6.96	-4.09
Sustainable Growth Rate (%)	- -	-3.88	-2.98	-19.75	27.02	2.67	-14.22	-6.38	-17.64

Credit (USD)

Credit Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	32	240	328	45	43	177	201	358	310
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	32	240	328	45	43	177	201	358	310
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	85.6	73.42	71.96	92.59	86.95	83.23	80.58	68.3	65.15
Long-Term Debt/Equity (%)	5.39	31.2	33.73	5.69	4.27	17.42	22.76	42.94	42.96
Long-Term Debt/Capital (%)	5.12	23.78	25.22	5.38	4.1	14.84	18.54	30.04	30.05
Long-Term Debt/Total Assets (%)	4.62	22.91	24.27	5.27	4.06	14.5	18.34	29.22	28.81
Total Debt/Equity (%)	5.39	31.2	33.73	5.69	4.27	17.42	22.76	42.94	42.96
Total Debt/Capital (%)	5.12	23.78	25.22	5.38	4.1	14.84	18.54	30.04	30.05
Total Debt/Total Assets (%)	4.62	22.91	24.27	5.27	4.06	14.5	18.34	29.22	28.81
Net Debt to Equity	-0.1	- -	-0.03	-0.25	-0.23	-1.31	-2.33	-1.05	-1.13
Net Debt/Capital (%)	-0.1	- -	-0.03	-0.24	-0.22	-1.13	-1.93	-0.74	-0.8
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	85.6	73.42	71.96	92.59	86.95	83.23	80.58	68.3	65.15
Long-Term Debt/Equity (%)	5.39	31.2	33.73	5.69	4.27	17.42	22.76	42.94	42.96
Long-Term Debt/Capital (%)	5.12	23.78	25.22	5.38	4.1	14.84	18.54	30.04	30.05
Long-Term Debt/Total Assets (%)	4.62	22.91	24.27	5.27	4.06	14.5	18.34	29.22	28.81
Total Debt/Equity (%)	5.39	31.2	33.73	5.69	4.27	17.42	22.76	42.94	42.96
Total Debt/Capital (%)	5.12	23.78	25.22	5.38	4.1	14.84	18.54	30.04	30.05
Total Debt/Total Assets (%)	4.62	22.91	24.27	5.27	4.06	14.5	18.34	29.22	28.81
CFO/Total Liabilities	6.49	-127.27	-55.62	540.31	71.08	34.16	-11.38	-2.98	2.59
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	3.64	1.01	1.07	3.78	5.88	1.31	0.63	0.17	-0.2

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	584	645	812	480	504	417	305	260	192
- Cash & Cash Equivalents	1	- -	- -	2	2	13	21	9	8
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	83	- -	- -	- -	20
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	-3	- -
+ Total Debt	32	240	328	45	43	177	201	358	310
Enterprise Value	616	884	1,140	523	627	581	486	607	514
Total Capital	624	1,007	1,302	836	1,037	1,195	1,087	1,191	1,030
Total Debt/Capital (%)	5.12	23.78	25.22	5.38	4.1	14.84	18.54	30.04	30.05
Total Debt / EV	0.05	0.27	0.29	0.09	0.07	0.31	0.41	0.59	0.6
EV/Sales	7.02	20.3	15.8	- -	2.44	6.87	- -	64.48	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	95.21	- -	- -	1.53	16.47	8.29	- -	- -	56.1
EV/Free Cash Flow to Firm	95.21	- -	- -	1.53	16.47	8.29	- -	- -	56.1
Diluted Market Cap	584	645	812	480	507	- -	297	245	177
Diluted Enterprise Value	616	884	1,140	523	630	164	478	592	499
EV per Share	26.65	27.34	24.86	11.46	16.91	15.62	12.66	14.21	10.26
TTM Sales	88	44	72	-114	257	84	-75	9	-61
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	6	-354	-211	342	38	70	-24	-12	9
TTM Free Cash Flow to Firm	6	-354	-211	342	38	70	-24	-12	9

Multiples (USD)

Valuation Multiples API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	90.36	-1.82	-3.85	1.41	13.31	- -	-12.23	-21.04	19.33
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	616	884	1,140	523	627	581	486	607	514
Low Price	21.3	18.37	16.11	6.3	10.46	10.79	7.24	4.67	2.55
EV/Sales	7.02	20.3	15.8	- -	2.44	6.87	- -	64.48	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	6.95	16.19	12.34	- -	2.06	- -	- -	- -	- -
Price/Earnings Average	6.29	18.53	13.4	-4.19	1.98	- -	-3.17	-4.73	-1.44
Price/Earnings High	7	20.83	15.45	-6.81	2.32	- -	-4.16	-6.4	-2.2
Price/Earnings Low	5.85	14.92	11.23	-2.38	1.59	- -	-2.22	-3.66	-0.91
Price/Book Value	0.99	0.84	0.83	0.61	0.55	0.41	0.34	0.31	0.27
Price/Book Value Average	0.89	0.96	0.91	0.64	0.53	0.53	0.45	0.31	0.29
Price/Book Value High	0.99	1.08	1.04	1.04	0.62	0.65	0.59	0.42	0.44
Price/Book Value Low	0.83	0.77	0.76	0.36	0.43	0.39	0.31	0.24	0.18
Price/Tangible Book Value	0.99	0.84	0.83	0.61	0.55	0.41	0.35	0.31	0.27
Price/Tangible Book Value Average	0.89	0.96	0.91	0.64	0.53	0.54	0.45	0.31	0.29
Price/Tangible Book Value High	0.99	1.08	1.04	1.04	0.62	0.66	0.59	0.42	0.45
Price/Tangible Book Value Low	0.83	0.77	0.76	0.36	0.43	0.4	0.32	0.24	0.18
Price/Sales	6.66	14.8	11.25	-4.2	1.97	- -	-3.94	26.09	-2.92
Price/Sales Average	6.03	16.94	12.21	-4.42	1.9	- -	-5.13	25.8	-3.08
Price/Sales High	6.71	19.04	14.09	-7.19	2.22	- -	-6.73	34.94	-4.72
Price/Sales Low	5.61	13.64	10.24	-2.51	1.52	- -	-3.59	19.97	-1.94
Price/Cash Flow	90.36	-1.82	-3.85	1.41	13.31	- -	-12.23	-21.04	19.33
Price/Cash Flow Average	81.83	-2.09	-4.18	1.48	12.8	- -	-15.91	-20.8	20.44
Price/Cash Flow High	91.04	-2.34	-4.82	2.41	14.94	- -	-20.88	-28.18	31.29
Price/Cash Flow Low	76.1	-1.68	-3.5	0.84	10.25	- -	-11.14	-16.11	12.87
Price/Free Cash Flow Average	81.83	-2.09	-4.18	1.48	12.8	- -	-15.91	-20.8	20.44
Price/Free Cash Flow High	91.04	-2.34	-4.82	2.41	14.94	- -	-20.88	-28.18	31.29
Price/Free Cash Flow Low	76.1	-1.68	-3.5	0.84	10.25	- -	-11.14	-16.11	12.87
EV/Sales Average	6.39	22.44	16.76	- -	2.37	8.36	- -	64.17	- -
EV/Sales High	7.07	24.54	18.63	- -	2.69	9.83	- -	73.87	- -
EV/Sales Low	5.96	19.14	14.78	- -	1.99	6.69	- -	57.99	- -
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	25.29	19.93	17.71	10.52	13.58	11.21	7.95	6.1	3.83
High Price	25.48	25.64	22.17	18.01	15.25	17.93	13.57	8.17	6.2
Enterprise Value Average	561	977	1,209	549	608	706	578	604	525
Enterprise Value High	620	1,069	1,345	866	689	830	702	695	633
Enterprise Value Low	524	834	1,067	331	511	565	459	545	450

Shares Outstanding	23	32	46	46	37	37	38	43	50
Diluted Weighted Avg Shares	23	32	46	46	37	- -	37	40	46
Basic Weighted Avg Shares	23	32	46	46	37	- -	37	40	46
Revenue per Share	3.8	1.35	1.57	-2.51	6.88	- -	-2.02	0.23	-1.31
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	3.64	1.23	1.43	-2.64	6.58	- -	-3.26	-1.28	-2.81
Basic EPS from Cont Ops	3.64	1.23	1.43	-2.64	6.7	- -	-3.14	-1.41	-2.75
Diluted EPS, GAAP	3.64	1.23	1.43	-2.64	6.58	- -	-3.26	-1.28	-2.81
Diluted EPS from Cont Ops	3.64	1.23	1.43	-2.64	6.7	- -	-3.14	-1.41	-2.75
Dividend per Share	2.01	2.05	2	1.17	0.54	- -	0.48	0.24	0.23
Cash Flow per Share	0.28	-10.94	-4.6	7.49	1.02	- -	-0.65	-0.29	0.2
Free Cash Flow per Basic Share	0.28	-10.94	-4.6	7.49	1.02	- -	-0.65	-0.29	0.2
Cash & Equivalents per Share	0.03	- -	0.01	0.04	0.06	0.36	0.54	0.21	0.16
Book Value per Share	25.63	23.74	21.23	17.32	24.57	27.38	23.05	19.6	13.96
Tangible Book Value per Share	25.63	23.74	21.23	17.32	24.57	27.16	22.95	19.54	13.93

NexPoint Diversified Real Estate Trust

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)