NexPoint Real Estate Finance (NexPoint Real Estate Finance) Effective Interest Rate on Debt % : 0.72% (As of Mar. 2024)

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What is NexPoint Real Estate Finance Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. NexPoint Real Estate Finance's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $44.96 Mil. NexPoint Real Estate Finance's average total debt for the quarter that ended in Mar. 2024 was $6,263.38 Mil. Therefore, NexPoint Real Estate Finance's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.72%.

NexPoint Real Estate Finance Effective Interest Rate on Debt % Historical Data

The historical data trend for NexPoint Real Estate Finance's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NexPoint Real Estate Finance Effective Interest Rate on Debt % Chart

NexPoint Real Estate Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.58

0.53

0.45

0.54

0.76

NexPoint Real Estate Finance Quarterly Data
	Jun17	Sep17	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.68	0.75	0.82	0.84	0.72

Competitive Comparison of NexPoint Real Estate Finance's Effective Interest Rate on Debt %

For the REIT - Mortgage subindustry, NexPoint Real Estate Finance's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NexPoint Real Estate Finance's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NexPoint Real Estate Finance's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where NexPoint Real Estate Finance's Effective Interest Rate on Debt % falls into.

NexPoint Real Estate Finance Effective Interest Rate on Debt % Calculation

NexPoint Real Estate Finance's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -51.56	/	( (7263.885	+	6254.695)	/ 2 )
=	-1 * -51.56	/	6759.29
=	0.76 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7263.885	+	0
=	7263.885

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6254.695	+	0
=	6254.695

NexPoint Real Estate Finance's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -44.96	/	( (6254.695	+	6272.072)	/ 2 )
=	-1 * -44.96	/	6263.3835
=	0.72 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6254.695	+	0
=	6254.695

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6272.072	+	0
=	6272.072

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

NexPoint Real Estate Finance (NYSE:NREF) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

NexPoint Real Estate Finance Effective Interest Rate on Debt % Related Terms

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NexPoint Real Estate Finance (NexPoint Real Estate Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NexPoint Real Estate Finance Inc (NYSE:NREF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

REFI IVR GPMT AOMR ORC SEVN SACH AAIC AJX MITT NLY STWD AGNC RITM BXMT ABR RC CMTG ARI LADR

Traded in Other Exchanges

NREFpA.PFD:USA

Address

300 Crescent Court, Suite 700, Dallas, TX, USA, 75201

Website

https://www.nexpointfinance.com

NexPoint Real Estate Finance Inc is a real estate investment trust. It provides structured financing solutions by investing in mid-sized multifamily, storage and select-service, and extended-stay hospitality properties. Its investment objective is to generate attractive, risk-adjusted returns for stockholders over the long term.

Executives

Catherine D Wood	director	200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701
Matt Mcgraner	officer: See Remarks	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Brian Mitts	director, 10 percent owner, officer: See Remarks	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Nexpoint Diversified Real Estate Trust	10 percent owner	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Nexpoint Real Estate Opportunities, Llc	10 percent owner	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Matthew Goetz	officer: See Remarks	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Sauter Dennis Charles Jr	officer: General Counsel	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Carol Swain	director	C/O NEXPOINT RESIDENTIAL TRUST, INC., 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
James D Dondero	director, officer: President	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Arthur B Laffer	director	300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Edward N. Constantino	director	DLC REALTY TRUST, INC., 580 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Scott F Kavanaugh	director	25342 DERBYHILL DR., LAGUNA HILLS CA 92653