Private Credit Portfolio Analysis | NexPoint Capital Reports Q1 2025 Results
- Editor
- May 15
- 2 min read
Whats New:
NexPoint Capital, Inc. reported its Q1 2025 financial results, showing a decrease in total assets and net asset value per share compared to the previous quarter. The fund's total assets decreased to $45.01 million as of March 31, 2025, down from $46.58 million at the end of 2024. The net asset value per share also declined to $4.99 from $5.21 at the end of the previous quarter.
Portfolio Dynamics:
Total assets decreased to $45.01 million as of March 31, 2025, compared to $46.58 million at the end of 2024.
Investments at fair value declined to $43.25 million from $44.53 million at the end of 2024.
Cash and cash equivalents decreased to $1.36 million from $1.67 million at the end of 2024.
Investment Activity:
Dividend and interest receivable increased slightly to $175,952 from $171,456 at the end of 2024.
Prepaid expenses rose to $10,609 from $537 at the end of 2024.
Other receivable decreased to $0 from $22,137 at the end of 2024.
Capital Structure:
Total liabilities increased to $2.13 million from $1.30 million at the end of 2024.
Stockholders' equity decreased to $42.88 million from $45.28 million at the end of 2024.
Common stock value decreased slightly to $8,590 from $8,696 at the end of 2024.
Performance Profile:
Net asset value per share decreased to $4.99 as of March 31, 2025, compared to $5.21 at the end of 2024.
Retained earnings deficit increased to $33.78 million from $31.92 million at the end of 2024.
Additional paid-in capital decreased to $76.65 million from $77.18 million at the end of 2024.
Risk & Quality:
Securities sold under agreements to repurchase increased significantly to $758,214 from $922 at the end of 2024.
Accrued liabilities and other liabilities increased to $254,554 from $135,720 at the end of 2024.
Deferred income tax assets increased to $58,414 from $33,582 at the end of 2024.
The Wrap:
NexPoint Capital's Q1 2025 results show a decline in total assets and net asset value per share compared to the previous quarter. The fund experienced decreases in investments at fair value and cash positions, while liabilities increased. These changes resulted in a lower stockholders' equity and a higher retained earnings deficit. The significant increase in securities sold under agreements to repurchase and higher accrued liabilities suggest potential shifts in the fund's financing strategies and operational costs.
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