Neuberger Berman High Yield Strategies Fund
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
15.90-14.688.299.92-64.5610.3474.009.14-4.7649.1012.73-64.56
Price/Sales ratio
9.518.277.759.18-239.209.1336.868.30-5.258.168.98-239.20
Price/Book Value ratio
0.910.840.880.900.820.940.971.350.940.930.970.82
Price/Cash Flow ratio
12.4410.5411.6313.9312.4711.1210.562.35-3.27-31.208.7211.12
Price/Free Cash Flow ratio
12.4410.5411.6313.9312.4711.1210.562.35-3.27-31.209.1711.12
Price/Earnings Growth ratio
-0.300.07-0.02-0.770.57-0.01-0.850.010.02-0.450.200.20
Dividend Yield
8.21%9.45%8.26%7.48%8.06%7.85%9.48%6.63%11.29%12.81%14.27%8.06%
Profitability Indicator Ratios
Gross Profit Margin
100%99.84%90.79%89.28%424.78%88.51%52.75%92.82%106.53%33.78%90.56%88.51%
Operating Profit Margin
88.17%87.82%99.25%100.73%16.49%88.30%49.81%90.82%106.89%88.59%65.15%16.49%
Pretax Profit Margin
59.83%-56.34%93.57%92.46%370.49%88.30%49.81%90.82%110.23%16.63%67.01%88.30%
Net Profit Margin
59.83%-56.34%93.57%92.46%370.49%88.30%49.81%90.82%110.23%16.63%67.01%88.30%
Effective Tax Rate
-47.37%255.88%76.04%85.64%5.21%67.30%471.73%42.68%-46.02%N/A-8.47%67.30%
Return on Assets
3.89%-3.77%7.08%6.05%-0.81%5.87%0.83%9.15%-11.34%1.22%5.22%-0.81%
Return On Equity
5.73%-5.74%10.67%9.09%-1.27%9.10%1.31%14.79%-19.90%1.91%7.84%-1.27%
Return on Capital Employed
5.84%5.94%7.60%6.70%-0.03%6.03%0.84%9.35%-11.13%6.55%5.25%-0.03%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.62N/A
Quick Ratio
1.942.49-1.231.291.21-0.33-4.710.66N/A4.050.62-0.33
Cash ratio
0.000.020.180.010.000.070.01N/AN/AN/A0.050.00
Days of Sales Outstanding
147.54143.2489.43112.31-4.04K158.16349.0151.23-74.07129.2083.85-4.04K
Days of Inventory outstanding
N/A0.001.90K0.000.001.90K1.96KN/A1.13KN/AN/A1.90K
Operating Cycle
N/A143.251.99K112.31-4.04K2.06K2.30K51.231.05K129.2083.85-4.04K
Days of Payables Outstanding
N/A31.83K534.87746.13939.331.19K258.851.07K415.4642.541.50K939.33
Cash Conversion Cycle
N/A-31.69K1.45K-633.82-4.97K864.722.05K-1.02K643.4186.66-1.42K-4.97K
Debt Ratios
Debt Ratio
0.300.33N/AN/AN/AN/AN/A0.09N/A0.210.28N/A
Debt Equity Ratio
0.440.50N/AN/AN/AN/AN/A0.16N/A0.330.41N/A
Long-term Debt to Capitalization
0.300.33N/AN/AN/AN/AN/A0.13N/A0.250.29N/A
Total Debt to Capitalization
0.310.33N/AN/AN/AN/AN/A0.13N/A0.250.29N/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A3.41N/A
Cash Flow to Debt Ratio
0.160.15N/AN/AN/AN/AN/A3.58N/A-0.080.27N/A
Company Equity Multiplier
1.471.521.501.501.551.541.571.611.751.561.451.54
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.760.780.660.65-19.170.823.483.531.60-0.260.97-19.17
Free Cash Flow / Operating Cash Flow Ratio
111111111111
Cash Flow Coverage Ratio
0.160.15N/AN/AN/AN/AN/A3.58N/A-0.080.27N/A
Short Term Coverage Ratio
52.2846.26N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
130.65%-138.81%68.56%74.29%-520.77%81.28%702.27%60.67%-53.82%629.02%211.97%-520.77%