PGIM Short Duration High Yield Opportunities Fund (SDHY) — Tangible Net Worth Ratio
PGIM Short Duration High Yield Opportunities Fund (SDHY) has a Tangible Net Worth Ratio of 100.0% as of July 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($434.15 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See PGIM Short Duration High Yield Opportuni (SDHY) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
PGIM Short Duration High Yield Opportunities Fund Tangible Net Worth Ratio (2021–2024)
This chart shows how PGIM Short Duration High Yield Opportunities Fund's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of July 2024, the ratio stands at 100.0%, reflecting net assets of $434.15 Million with intangible assets of $0.00 USD. See SDHY cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for PGIM Short Duration High Yield Opportunities Fund (2021–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for PGIM Short Duration High Yield Opportunities Fund from 2021 to 2024, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see SDHY company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $434.15 Million | $0.00 | $568.61 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $425.40 Million | $0.00 | $552.17 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $431.11 Million | $0.00 | $566.44 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $491.09 Million | $0.00 | $662.52 Million | — |