NBXG (Neuberger Berman Next Generation Connectivity Fund) Cash-to-Debt : No Debt ⁽¹⁾ (As of Oct. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Neuberger Berman Next Generation Connectivity Fund Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Neuberger Berman Next Generation Connectivity Fund's cash to debt ratio for the quarter that ended in Oct. 2024 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Neuberger Berman Next Generation Connectivity Fund could pay off its debt using the cash in hand for the quarter that ended in Oct. 2024.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Neuberger Berman Next Generation Connectivity Fund's Cash-to-Debt or its related term are showing as below:

NBXG' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 4 years, Neuberger Berman Next Generation Connectivity Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

NBXG's Cash-to-Debt is ranked better than
99.72% of 1442 companies
in the Asset Management industry
Industry Median: 5.005 vs NBXG: No Debt

Neuberger Berman Next Generation Connectivity Fund Cash-to-Debt Historical Data

The historical data trend for Neuberger Berman Next Generation Connectivity Fund's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Neuberger Berman Next Generation Connectivity Fund Cash-to-Debt Chart

Neuberger Berman Next Generation Connectivity Fund Annual Data

Trend

Oct21

Oct22

Oct23

Oct24

Cash-to-Debt

N/A

No Debt

Neuberger Berman Next Generation Connectivity Fund Semi-Annual Data
	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Neuberger Berman Next Generation Connectivity Fund's Cash-to-Debt

For the Asset Management subindustry, Neuberger Berman Next Generation Connectivity Fund's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Neuberger Berman Next Generation Connectivity Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Next Generation Connectivity Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Next Generation Connectivity Fund's Cash-to-Debt falls into.

Neuberger Berman Next Generation Connectivity Fund Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Neuberger Berman Next Generation Connectivity Fund's Cash to Debt Ratio for the fiscal year that ended in Oct. 2024 is calculated as:

Neuberger Berman Next Generation Connectivity Fund had no debt ⁽¹⁾.

Neuberger Berman Next Generation Connectivity Fund's Cash to Debt Ratio for the quarter that ended in Oct. 2024 is calculated as:

Neuberger Berman Next Generation Connectivity Fund had no debt ⁽¹⁾.

Neuberger Berman Next Generation Connectivity Fund (NYSE:NBXG) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Neuberger Berman Next Generation Connectivity Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Neuberger Berman Next Generation Connectivity Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Neuberger Berman Next Generation Connectivity Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002

Website

https://www.nb.com

Neuberger Berman Next Generation Connectivity Fund Inc. is a non-diversified, closed-end management investment company. The fund's investment objectives are to provide capital appreciation and income. Under normal market conditions, the Fund will invest at least 80% of its total assets in equity securities issued by U.S. and non-U.S. companies, in any market capitalization range, that is relevant to the theme of investing in "NextGen Companies".

Executives

Franklyn E. Smith	director	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan	director	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Martha Clark Goss	director	C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Michael M Knetter	director	C/O LEHMAN BROTHERS INC, 399 PARK AVENUE, NEW YORK NY 10022
Hari Ramanan	other: Portfolio Manager	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Timothy Creedon	other: Portfolio Manager	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Yan Taw Boon	other: Portfolio Manager	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Candace L Straight	director	C/O MONTPELIER RE HOLDINGS LTD., 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter P Trapp	director	C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVENUE 2ND FLOOR, NEW YORK NY 10158-0180
Neuberger Berman Investment Advisers Llc	other: Investment Adv	1290 AVENUE OF THE AMERICAS, 26TH FLOOR, NEW YORK NY 10104
Tom D Seip	director	PO BOX 9280, WALNUT CREEK CA 94598
John M Mcgovern	officer: Treasurer	605 THIRD AVE, NEW YORK NY 10158-3698
George W Morriss	director	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Joseph V Amato	director	605 THIRD AVENUE, NEW YORK NY 10158-3698
Claudia A. Brandon	officer: Executive Vice President	605 THIRD AVENUE, NEW YORK NY 10158-3698