NB Distressed Debt Inv Extended Life Working Capital to Net Assets Ratio

Latest as of June 2022: 9.3%

NB Distressed Debt Inv Extended Life 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. Check how tangible is NB Distressed Debt Inv Extended Life's equity to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

9.3%
Working Capital / Net Assets

Working Capital

$11.18 Million
USD

Current Assets

$16.13 Million
USD

Current Liabilities

$4.95 Million
USD

Working Capital to Net Assets Ratio of NB Distressed Debt Inv Extended Life (2016–2019)

Working capital to net assets ratio of NB Distressed Debt Inv Extended Life from 2016 to 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. See NB Distressed Debt Inv Extended Life (NBDX) defensive interval to measure how many days the company can operate on defensive assets alone.

NB Distressed Debt Inv Extended Life Working Capital to Net Assets Ratio by Year (2016–2019)

NB Distressed Debt Inv Extended Life 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 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 the complete balance sheet picture, see NBDX current and non-current assets.

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 —
pp = percentage points