GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen CA Dividend Advantage Muni Fund 2 (AMEX:NVX) » Definitions » Enterprise Value

Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Enterprise Value : $293.94 Mil (As of Apr. 29, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Nuveen CA Dividend Advantage Muni Fund 2 Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Nuveen CA Dividend Advantage Muni Fund 2's Enterprise Value is $293.94 Mil. Nuveen CA Dividend Advantage Muni Fund 2's Revenue for the trailing twelve months (TTM) ended in Aug. 2016 was $-186.00 Mil. Therefore, Nuveen CA Dividend Advantage Muni Fund 2's EV-to-Revenue ratio for today is -1.58.


Nuveen CA Dividend Advantage Muni Fund 2 Enterprise Value Historical Data

The historical data trend for Nuveen CA Dividend Advantage Muni Fund 2's Enterprise Value 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 CA Dividend Advantage Muni Fund 2 Enterprise Value Chart

Nuveen CA Dividend Advantage Muni Fund 2 Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Enterprise Value
Get a 7-Day Free Trial 225.07 240.40 198.21 212.52 230.00

Nuveen CA Dividend Advantage Muni Fund 2 Semi-Annual Data
Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 204.74 212.52 214.40 230.00 242.11

Competitive Comparison of Nuveen CA Dividend Advantage Muni Fund 2's Enterprise Value

For the Asset Management subindustry, Nuveen CA Dividend Advantage Muni Fund 2's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 CA Dividend Advantage Muni Fund 2's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen CA Dividend Advantage Muni Fund 2's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Nuveen CA Dividend Advantage Muni Fund 2's Enterprise Value falls into.



Nuveen CA Dividend Advantage Muni Fund 2 Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Nuveen CA Dividend Advantage Muni Fund 2's Enterprise Value for the fiscal year that ended in Feb. 2016 is calculated as

Nuveen CA Dividend Advantage Muni Fund 2's Enterprise Value for the quarter that ended in Aug. 2016 is calculated as

* 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 CA Dividend Advantage Muni Fund 2  (AMEX:NVX) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Nuveen CA Dividend Advantage Muni Fund 2's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=293.940/-186
=-1.58

Nuveen CA Dividend Advantage Muni Fund 2's current Enterprise Value is $293.94 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nuveen CA Dividend Advantage Muni Fund 2's Revenue for the trailing twelve months (TTM) ended in Aug. 2016 was $-186.00 Mil.

* 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 CA Dividend Advantage Muni Fund 2 Enterprise Value Related Terms

Thank you for viewing the detailed overview of Nuveen CA Dividend Advantage Muni Fund 2's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Business Description

Traded in Other Exchanges
N/A
Address
Nuveen CA Dividend Advantage Muni Fund 2 is a closed-end investment company. The Fund's investment objective is to provide an attractive level of total return, primarily through long-term capital appreciation and secondarily through income and gains.
Executives
Christopher M. Rohrbacher officer: Vice President 333 W. WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Margaret L. Wolff other: Trustee C/O NUVEEN 333 W. WACKER DR., STE 3400, CHICAGO IL 60606
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Sherri A Hlavacek officer: Vice President and Treasurer 333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Schreier Thomas S Jr other: Trustee C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
John Kevin Nelson other: Trustee C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Joel T. Slager officer: Vice President C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Steven M. Hlavin other: Portfolio Manager 333 W. WACKER DRIVE, SUITE 2900, CHICAGO IL 60606
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402