Nuveen MI Qualityome Muni Fund (Nuveen MI Qualityome Muni Fund) Cash-to-Debt : No Debt ⁽¹⁾ (As of Aug. 2020)

Nuveen MI Qualityome Muni Fund Cash-to-Debt Chart

Nuveen MI Qualityome Muni Fund Annual Data
	Trend	Feb11	Feb12	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20
Cash-to-Debt		Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Nuveen MI Qualityome Muni Fund Semi-Annual Data
	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Nuveen MI Qualityome Muni Fund's Cash-to-Debt

For the Asset Management subindustry, Nuveen MI Qualityome Muni 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 MI Qualityome Muni Fund's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen MI Qualityome Muni Fund's Cash-to-Debt falls into.

Nuveen MI Qualityome Muni 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 MI Qualityome Muni Fund's Cash to Debt Ratio for the fiscal year that ended in Feb. 2020 is calculated as:

Nuveen MI Qualityome Muni Fund had no debt ⁽¹⁾.

Nuveen MI Qualityome Muni Fund's Cash to Debt Ratio for the quarter that ended in Aug. 2020 is calculated as:

Nuveen MI Qualityome Muni 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 MI Qualityome Muni Fund  (NYSE:NUM) 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 MI Qualityome Muni Fund Cash-to-Debt Related Terms

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

Nuveen MI Qualityome Muni Fund (Nuveen MI Qualityome Muni Fund) Business Description