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Nuveen Missouri Quality Municipalome Fund (Nuveen Missouri Quality Municipalome Fund) Equity-to-Asset : 0.59 (As of Nov. 2023)


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What is Nuveen Missouri Quality Municipalome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nuveen Missouri Quality Municipalome Fund's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $27.12 Mil. Nuveen Missouri Quality Municipalome Fund's Total Assets for the quarter that ended in Nov. 2023 was $45.82 Mil. Therefore, Nuveen Missouri Quality Municipalome Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.59.

The historical rank and industry rank for Nuveen Missouri Quality Municipalome Fund's Equity-to-Asset or its related term are showing as below:

NOM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.62   Max: 0.64
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Nuveen Missouri Quality Municipalome Fund was 0.64. The lowest was 0.59. And the median was 0.62.

NOM's Equity-to-Asset is ranked worse than
76.36% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs NOM: 0.59

Nuveen Missouri Quality Municipalome Fund Equity-to-Asset Historical Data

The historical data trend for Nuveen Missouri Quality Municipalome 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.

Nuveen Missouri Quality Municipalome Fund Equity-to-Asset Chart

Nuveen Missouri Quality Municipalome Fund Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.63 0.64 0.59 0.59

Nuveen Missouri Quality Municipalome Fund Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Equity-to-Asset 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 0.64 0.59 0.59 0.59 0.59

Competitive Comparison of Nuveen Missouri Quality Municipalome Fund's Equity-to-Asset

For the Asset Management subindustry, Nuveen Missouri Quality Municipalome 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.


Nuveen Missouri Quality Municipalome Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Missouri Quality Municipalome Fund's Equity-to-Asset falls into.



Nuveen Missouri Quality Municipalome 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.

Nuveen Missouri Quality Municipalome Fund's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=26.93/46.04
=0.58

Nuveen Missouri Quality Municipalome Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=27.122/45.816
=0.59

* 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 Missouri Quality Municipalome Fund  (NYSE:NOM) 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%.


Nuveen Missouri Quality Municipalome Fund Equity-to-Asset Related Terms

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


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

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Missouri Quality Municipal Income Fund is a diversified, closed-end management investment company operating in United States. The Fund's primary investment objective is current income exempt from both regular federal income taxes and Missouri state income taxes; its secondary investment objective is the enhancement of portfolio value. The fund invests in municipal securities as well as floating rate securities as well as derivatives such as futures, options and swap contracts to the necessary extent. Nuveen Fund Advisors, LLC acts as an investment adviser of the company.
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
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart 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
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
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606

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