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NB Global Monthlyome Fund (LSE:NBCS) Equity-to-Asset : 0.73 (As of Jun. 2023)


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What is NB Global Monthlyome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NB Global Monthlyome Fund's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £77.67 Mil. NB Global Monthlyome Fund's Total Assets for the quarter that ended in Jun. 2023 was £107.04 Mil. Therefore, NB Global Monthlyome Fund's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.73.

The historical rank and industry rank for NB Global Monthlyome Fund's Equity-to-Asset or its related term are showing as below:

LSE:NBCS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.94   Max: 0.98
Current: 0.73

During the past 12 years, the highest Equity to Asset Ratio of NB Global Monthlyome Fund was 0.98. The lowest was 0.73. And the median was 0.94.

LSE:NBCS's Equity-to-Asset is ranked worse than
59.81% of 1727 companies
in the Asset Management industry
Industry Median: 0.82 vs LSE:NBCS: 0.73

NB Global Monthlyome Fund Equity-to-Asset Historical Data

The historical data trend for NB Global Monthlyome Fund's Equity-to-Asset 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.

* Premium members only.

NB Global Monthlyome Fund Equity-to-Asset Chart

NB Global Monthlyome Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.96 0.94 0.97 0.98

NB Global Monthlyome Fund Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.97 0.91 0.98 0.73

Competitive Comparison of NB Global Monthlyome Fund's Equity-to-Asset

For the Asset Management subindustry, NB Global Monthlyome Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


NB Global Monthlyome Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NB Global Monthlyome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where NB Global Monthlyome Fund's Equity-to-Asset falls into.



NB Global Monthlyome Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

NB Global Monthlyome Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=173.526/177.748
=0.98

NB Global Monthlyome Fund's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=77.668/107.036
=0.73

* 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.


NB Global Monthlyome Fund  (LSE:NBCS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


NB Global Monthlyome Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of NB Global Monthlyome Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


NB Global Monthlyome Fund (LSE:NBCS) Business Description

Traded in Other Exchanges
Address
1 Royal Plaza, Royal Avenue, St Peter Port, GGY, GY1 2HL
NB Global Monthly Income Fund Ltd is a closed-ended investment company. Its investment objective is to provide its shareholders with consistent levels of monthly income while maintaining or increasing the Net Asset Value (NAV) per share over time. It invests in diversified industry sectors. The Company's investment objective had been to target consistent levels of monthly income, whilst seeking to preserve or increase investors' capital. The Fund's managers seek to achieve the objective by investing in a broad range of credit assets, including but not limited to high yield and investment grade bonds and alternative credit comprising of distressed debt, mezzanine debt, and private corporate loans.

NB Global Monthlyome Fund (LSE:NBCS) Headlines

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