NB Distressed Debt Investment Fund (LSE:NBDD) Equity-to-Asset : 0.98 (As of Dec. 2023)

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What is NB Distressed Debt Investment Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NB Distressed Debt Investment Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $80.16 Mil. NB Distressed Debt Investment Fund's Total Assets for the quarter that ended in Dec. 2023 was $82.12 Mil. Therefore, NB Distressed Debt Investment Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.98.

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

LSE:NBDD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96 Med: 0.98 Max: 1
Current: 0.98

During the past 8 years, the highest Equity to Asset Ratio of NB Distressed Debt Investment Fund was 1.00. The lowest was 0.96. And the median was 0.98.

LSE:NBDD's Equity-to-Asset is ranked better than
81.51% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:NBDD: 0.98

NB Distressed Debt Investment Fund Equity-to-Asset Historical Data

The historical data trend for NB Distressed Debt Investment 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 Distressed Debt Investment Fund Equity-to-Asset Chart

NB Distressed Debt Investment Fund Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.99

0.97

0.99

0.98

NB Distressed Debt Investment Fund Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial												0.99	0.95	0.98	0.99	0.98

Competitive Comparison of NB Distressed Debt Investment Fund's Equity-to-Asset

For the Asset Management subindustry, NB Distressed Debt Investment 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 Distressed Debt Investment Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where NB Distressed Debt Investment Fund's Equity-to-Asset falls into.

NB Distressed Debt Investment 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 Distressed Debt Investment Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	80.158	/	82.12
	=	0.98

NB Distressed Debt Investment Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	80.158	/	82.12
	=	0.98

NB Distressed Debt Investment Fund (LSE:NBDD) 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 Distressed Debt Investment Fund Equity-to-Asset Related Terms

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

NB Distressed Debt Investment Fund (LSE:NBDD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NB Distressed Debt Investment Fund Ltd (LSE:NBDD) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

NBDG:UK NBDX:UK

Address

Les Ruettes Brayes, 1st and 2nd Floors, Elizabeth House, Saint Peter Port, GGY, GY1 1EW

Website

https://www.nbddif.com

NB Distressed Debt Investment Fund Ltd is a closed-ended investment company. The company's objectives are to provide investors with attractive risk-adjusted returns through long-biased, opportunistic exposure to stressed, distressed and special situation credit-related investments while seeking to limit downside risk by, and focusing on senior and senior secured debt with both collateral and structural protection.

NB Distressed Debt Investment Fund (LSE:NBDD) Headlines

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