PGIM Short Duration High Yield Opportunities Fund (SDHY) — Working Capital to Net Assets Ratio
PGIM Short Duration High Yield Opportunities Fund (SDHY) has a Working Capital to Net Assets ratio of 0.2% as of July 2024. Working capital of $740.92K (current assets of $267.48K minus current liabilities of $-473.44K) is measured against net assets of $434.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PGIM Short Duration High Yield Opportuni financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PGIM Short Duration High Yield Opportunities Fund Working Capital to Net Assets (2021–2024)
This chart shows how PGIM Short Duration High Yield Opportunities Fund's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of July 2024, the ratio stands at 0.2%, reflecting working capital of $740.92K against net assets of $434.15 Million USD. See SDHY defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for PGIM Short Duration High Yield Opportunities Fund (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for PGIM Short Duration High Yield Opportunities Fund from 2021 to 2024, 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 PGIM Short Duration High Yield Opportuni stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 0.2% | $740.92K | $434.15 Million | $267.48K | $-473.44K | ▼ -2.1 pp |
| 2023 | 2.3% | $9.87 Million | $425.40 Million | $10.98 Million | $1.11 Million | ▲ +2.0 pp |
| 2022 | 0.3% | $1.18 Million | $431.11 Million | $10.92 Million | $9.74 Million | ▲ +1.7 pp |
| 2021 | -1.5% | $-7.13 Million | $491.09 Million | $9.62 Million | $16.75 Million | — |