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Nuveen Arizona Quality Municipalome Fund (Nuveen Arizona Quality Municipalome Fund) Cash-to-Debt : No Debt (1) (As of Feb. 2024)


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What is Nuveen Arizona Quality Municipalome Fund Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Nuveen Arizona Quality Municipalome Fund's cash to debt ratio for the quarter that ended in Feb. 2024 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Nuveen Arizona Quality Municipalome Fund could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Nuveen Arizona Quality Municipalome Fund's Cash-to-Debt or its related term are showing as below:

NAZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 75.93   Med: No Debt   Max: No Debt
Current: 75.93

During the past 13 years, Nuveen Arizona Quality Municipalome Fund's highest Cash to Debt Ratio was No Debt. The lowest was 75.93. And the median was No Debt.

NAZ's Cash-to-Debt is ranked better than
60.2% of 1470 companies
in the Asset Management industry
Industry Median: 5.845 vs NAZ: 75.93

Nuveen Arizona Quality Municipalome Fund Cash-to-Debt Historical Data

The historical data trend for Nuveen Arizona Quality Municipalome Fund's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Nuveen Arizona Quality Municipalome Fund Cash-to-Debt Chart

Nuveen Arizona Quality Municipalome Fund Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt - No Debt

Nuveen Arizona Quality Municipalome Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Cash-to-Debt 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 No Debt - - - No Debt

Competitive Comparison of Nuveen Arizona Quality Municipalome Fund's Cash-to-Debt

For the Asset Management subindustry, Nuveen Arizona Quality Municipalome Fund's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.


Nuveen Arizona Quality Municipalome Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Arizona Quality Municipalome Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nuveen Arizona Quality Municipalome Fund's Cash-to-Debt falls into.



Nuveen Arizona Quality Municipalome Fund Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Nuveen Arizona Quality Municipalome Fund's Cash to Debt Ratio for the fiscal year that ended in Feb. 2024 is calculated as:

Nuveen Arizona Quality Municipalome Fund had no debt (1).

Nuveen Arizona Quality Municipalome Fund's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Nuveen Arizona Quality Municipalome Fund had no debt (1).

* 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.


Nuveen Arizona Quality Municipalome Fund  (NYSE:NAZ) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Nuveen Arizona Quality Municipalome Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Nuveen Arizona Quality Municipalome Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Arizona Quality Municipalome Fund (Nuveen Arizona Quality Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Arizona Quality Municipal Income Fund is a closed-end management investment company. Its primary investment objective is current income exempt from both regular federal income taxes and Arizona individual income taxes. The fund's secondary objective is to enhance the portfolio value relative to the Arizona municipal bond market through investments in tax-exempt Arizona Municipal Obligations that, in the opinion of the Fund's investment adviser, are underrated or undervalued or that represent municipal market sectors that are undervalued.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vicen President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102

Nuveen Arizona Quality Municipalome Fund (Nuveen Arizona Quality Municipalome Fund) Headlines

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