Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Liabilities-to-Assets : 0.29 (As of Aug. 2016)

Nuveen CA Dividend Advantage Muni Fund 2 Liabilities-to-Assets Chart

Nuveen CA Dividend Advantage Muni Fund 2 Semi-Annual Data
	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16
Liabilities-to-Assets	Get a 7-Day Free Trial								0.31	0.30	0.31	0.30	0.29

Competitive Comparison of Nuveen CA Dividend Advantage Muni Fund 2's Liabilities-to-Assets

For the Asset Management subindustry, Nuveen CA Dividend Advantage Muni Fund 2'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 CA Dividend Advantage Muni Fund 2's Liabilities-to-Assets Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen CA Dividend Advantage Muni Fund 2's Liabilities-to-Assets falls into.

Nuveen CA Dividend Advantage Muni Fund 2 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 CA Dividend Advantage Muni Fund 2's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2016 is calculated as:

Nuveen CA Dividend Advantage Muni Fund 2's Liabilities-to-Assets Ratio 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) 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 CA Dividend Advantage Muni Fund 2 Liabilities-to-Assets Related Terms

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