NB Distressed Debt Investment Fund Ltd (NBDD) — 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. See financial flexibility index of NB Distressed Debt Investment Fund Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NB Distressed Debt Investment Fund Ltd Working Capital to Net Assets (2016–2019)
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.
Annual Working Capital to Net Assets for NB Distressed Debt Investment Fund Ltd (2016–2019)
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 live market cap and the full company profile, see how much is NB Distressed Debt Investment Fund Ltd worth.
| 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 | — |