Nuveen Municipal Highome Opp Fund (Nuveen Municipal Highome Opp Fund) Liabilities-to-Assets : 0.43 (As of Oct. 2023)

Nuveen Municipal Highome Opp Fund Liabilities-to-Assets Chart

Nuveen Municipal Highome Opp Fund Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Liabilities-to-Assets		Get a 7-Day Free Trial					0.33	0.33	0.35	0.43	0.43

Nuveen Municipal Highome Opp Fund Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Liabilities-to-Assets	Get a 7-Day Free Trial															0.35	0.42	0.43	0.39	0.43

Competitive Comparison of Nuveen Municipal Highome Opp Fund's Liabilities-to-Assets

For the Asset Management subindustry, Nuveen Municipal Highome Opp Fund's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Municipal Highome Opp Fund's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Municipal Highome Opp Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Nuveen Municipal Highome Opp Fund's Liabilities-to-Assets falls into.

Nuveen Municipal Highome Opp Fund Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Nuveen Municipal Highome Opp Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

Nuveen Municipal Highome Opp Fund's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 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 Municipal Highome Opp Fund  (NYSE:NMZ) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Nuveen Municipal Highome Opp Fund Liabilities-to-Assets Related Terms

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Nuveen Municipal Highome Opp Fund (Nuveen Municipal Highome Opp Fund) Business Description