NB Distressed Debt Investment Fund Ltd Working Capital to Net Assets Ratio
NB Distressed Debt Investment Fund Ltd working capital to net assets ratio. NB Distressed Debt Investment Fund Ltd (NBDD) has a Working Capital to Net Assets ratio of 9.3% as of June 2022. Working capital of $11.18 Million (current assets of $16.13 Million minus current liabilities of $4.95 Million) is measured against net assets of $119.77 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is NB Distressed Debt Investment Fund Ltd's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of NB Distressed Debt Investment Fund Ltd (2016–2019)
Working capital to net assets ratio of NB Distressed Debt Investment Fund Ltd from 2016 to 2019. This chart shows how NB Distressed Debt Investment Fund Ltd's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2016 to 2019. As of June 2022, the ratio stands at 9.3%, reflecting working capital of $11.18 Million against net assets of $119.77 Million USD. See NBDD days of operational coverage to measure how many days the company can operate on defensive assets alone.
NB Distressed Debt Investment Fund Ltd Working Capital to Net Assets Ratio by Year (2016–2019)
NB Distressed Debt Investment Fund Ltd working capital to net assets ratio by year from 2016 to 2019. The table below presents the year-by-year Working Capital to Net Assets ratio for NB Distressed Debt Investment Fund Ltd from 2016 to 2019, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NB Distressed Debt Investment Fund Ltd assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2019 | 3.4% | $6.74 Million | $199.05 Million | $7.24 Million | $493.06K | ▲ +0.2 pp |
| 2018 | 3.2% | $8.68 Million | $268.40 Million | $9.02 Million | $340.19K | ▼ -1.3 pp |
| 2017 | 4.6% | $15.24 Million | $332.66 Million | $29.04 Million | $13.80 Million | ▼ -5.1 pp |
| 2016 | 9.7% | $35.97 Million | $370.93 Million | $45.47 Million | $9.51 Million | — |