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NBXG (Neuberger Berman Next Generation Connectivity Fund) Equity-to-Asset : 0.99 (As of Oct. 2024)


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What is Neuberger Berman Next Generation Connectivity Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Neuberger Berman Next Generation Connectivity Fund's Total Stockholders Equity for the quarter that ended in Oct. 2024 was $1,141.1 Mil. Neuberger Berman Next Generation Connectivity Fund's Total Assets for the quarter that ended in Oct. 2024 was $1,147.8 Mil. Therefore, Neuberger Berman Next Generation Connectivity Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2024 was 0.99.

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

NBXG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.98   Med: 0.99   Max: 0.99
Current: 0.99

During the past 4 years, the highest Equity to Asset Ratio of Neuberger Berman Next Generation Connectivity Fund was 0.99. The lowest was 0.98. And the median was 0.99.

NBXG's Equity-to-Asset is ranked better than
90.38% of 1673 companies
in the Asset Management industry
Industry Median: 0.83 vs NBXG: 0.99

Neuberger Berman Next Generation Connectivity Fund Equity-to-Asset Historical Data

The historical data trend for Neuberger Berman Next Generation Connectivity 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.

Neuberger Berman Next Generation Connectivity Fund Equity-to-Asset Chart

Neuberger Berman Next Generation Connectivity Fund Annual Data
Trend Oct21 Oct22 Oct23 Oct24
Equity-to-Asset
0.99 0.98 0.99 0.99

Neuberger Berman Next Generation Connectivity Fund Semi-Annual Data
Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Equity-to-Asset Get a 7-Day Free Trial 0.98 0.99 0.99 0.97 0.99

Competitive Comparison of Neuberger Berman Next Generation Connectivity Fund's Equity-to-Asset

For the Asset Management subindustry, Neuberger Berman Next Generation Connectivity 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.


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

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

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


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Neuberger Berman Next Generation Connectivity 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.

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

Equity to Asset (A: Oct. 2024 )=Total Stockholders Equity/Total Assets
=1141.124/1147.792
=0.99

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

Equity to Asset (Q: Oct. 2024 )=Total Stockholders Equity/Total Assets
=1141.124/1147.792
=0.99

* 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.


Neuberger Berman Next Generation Connectivity Fund  (NYSE:NBXG) 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%.


Neuberger Berman Next Generation Connectivity Fund Equity-to-Asset Related Terms

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


Neuberger Berman Next Generation Connectivity Fund Business Description

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
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