NB Distressed Debt Inv Extended Life (NBDX) — Working Capital to Net Assets Ratio
NB Distressed Debt Inv Extended Life (NBDX) 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 debt-free asset ratio of NB Distressed Debt Inv Extended Life to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NB Distressed Debt Inv Extended Life Working Capital to Net Assets (2016–2019)
This chart shows how NB Distressed Debt Inv Extended Life's Working Capital to Net Assets ratio has evolved across 3 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. Check NBDX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for NB Distressed Debt Inv Extended Life (2016–2019)
The table below presents the year-by-year Working Capital to Net Assets ratio for NB Distressed Debt Inv Extended Life from 2016 to 2019, covering 3 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 market cap of NB Distressed Debt Inv Extended Life.
| 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 | ▼ -1.2 pp |
| 2017 | 4.6% | $15.24 Million | $333.67 Million | $29.04 Million | $13.80 Million | ▼ -5.1 pp |
| 2016 | 9.7% | $35.97 Million | $371.89 Million | $45.47 Million | $9.51 Million | — |