NB Distressed Debt Investment Fund (LSE:NBDD) Scaled Net Operating Assets : 0.86 (As of Jun. 2024)

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What is NB Distressed Debt Investment Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NB Distressed Debt Investment Fund's operating assets for the quarter that ended in Jun. 2024 was $71.57 Mil. NB Distressed Debt Investment Fund's operating liabilities for the quarter that ended in Jun. 2024 was $1.32 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 scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.86.

NB Distressed Debt Investment Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NB Distressed Debt Investment Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(77.31	-	1.963)	/	96.72
=	0.78

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	82.12	-	4.81
=	77.31

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.963	-	0	-	0
=	1.963

NB Distressed Debt Investment Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(71.57	-	1.315)	/	82.12
=	0.86

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	79.351	-	7.781
=	71.57

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.315	-	0	-	0
=	1.315

* 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.

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NB Distressed Debt Investment Fund Business Description

Industry

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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.