NexPoint Real Estate Finance annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
NexPoint Real Estate Finance Debt-to-Equity Ratio Growth & History (NREF)
NexPoint Real Estate Finance's debt-to-equity ratio was 1.99 for fiscal 2025.
View full NexPoint Real Estate Finance company overviewNexPoint Real Estate Finance annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.99 | −0.39 | −16.32% |
| 2024 | 2024-12-31 | 2.38 | −1.29 | −35.11% |
| 2023 | 2023-12-31 | 3.66 | 0.65 | +21.72% |
| 2022 | 2022-12-31 | 3.01 | −2.20 | −42.21% |
| 2021 | 2021-12-31 | 5.20 | −2.89 | −35.73% |
| 2020 | 2020-12-31 | 8.10 | — | — |
NexPoint Real Estate Finance quarterly debt-to-equity ratio
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 11.39 | 9.05 | +386.24% |
| Q1 2026 | 2026-03-31 | 10.78 | 8.36 | +345.44% |
| Q4 2025 | 2025-12-31 | 1.99 | −0.39 | −16.32% |
| Q3 2025 | 2025-09-30 | 1.92 | −0.51 | −20.92% |
| Q2 2025 | 2025-06-30 | 2.34 | −0.29 | −10.92% |
| Q1 2025 | 2025-03-31 | 2.42 | −0.16 | −6.17% |
| Q4 2024 | 2024-12-31 | 2.38 | −1.29 | −35.11% |
| Q3 2024 | 2024-09-30 | 2.43 | −1.09 | −31.06% |
| Q2 2024 | 2024-06-30 | 2.63 | −0.74 | −21.92% |
| Q1 2024 | 2024-03-31 | 2.58 | −0.81 | −23.91% |
| Q4 2023 | 2023-12-31 | 3.66 | 0.65 | +21.72% |
| Q3 2023 | 2023-09-30 | 3.52 | 0.35 | +11.03% |
| Q2 2023 | 2023-06-30 | 3.37 | 0.26 | +8.32% |
| Q1 2023 | 2023-03-31 | 3.39 | −0.04 | −1.30% |
| Q4 2022 | 2022-12-31 | 3.01 | −2.20 | −42.21% |
| Q3 2022 · Sep 30 | 2022-09-30 | 3.17 | −1.63 | −33.87% |
| Q2 2022 | 2022-06-30 | 3.11 | −4.22 | −57.60% |
| Q1 2022 | 2022-03-31 | 3.43 | −4.29 | −55.58% |
| Q4 2021 | 2021-12-31 | 5.20 | −2.89 | −35.73% |
| Q3 2021 | 2021-09-30 | 4.80 | −2.85 | −37.26% |
| Q2 2021 | 2021-06-30 | 7.33 | −2.49 | −25.37% |
| Q1 2021 | 2021-03-31 | 7.73 | −1.76 | −18.54% |
| Q4 2020 | 2020-12-31 | 8.10 | — | — |
| Q3 2020 | 2020-09-30 | 7.65 | — | — |
| Q2 2020 | 2020-06-30 | 9.82 | — | — |
| Q1 2020 | 2020-03-31 | 9.49 | — | — |
NexPoint Real Estate Finance debt-to-equity ratio trends
Over the last five fiscal years, NexPoint Real Estate Finance's debt-to-equity ratio decreased from 8.10 to 1.99, a change of −6.11. The latest reported quarter, Q2 2026, shows 11.39.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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