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NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND (NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND) Cash-to-Debt : No Debt (1) (As of May. 2019)


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What is NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's cash to debt ratio for the quarter that ended in May. 2019 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND could pay off its debt using the cash in hand for the quarter that ended in May. 2019.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's Cash-to-Debt or its related term are showing as below:

NTC's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.79
* Ranked among companies with meaningful Cash-to-Debt only.

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND Cash-to-Debt Historical Data

The historical data trend for NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND Cash-to-Debt Chart

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND Annual Data
Trend May18 May19
Cash-to-Debt
No Debt No Debt

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND Semi-Annual Data
Nov17 May18 Nov18 May19
Cash-to-Debt No Debt No Debt No Debt No Debt

Competitive Comparison of NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's Cash-to-Debt

For the Asset Management subindustry, NUVEEN CONNECTICUT QUALITY MUNICIPALOME 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 CONNECTICUT QUALITY MUNICIPALOME FUND's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's Cash-to-Debt falls into.



NUVEEN CONNECTICUT QUALITY MUNICIPALOME 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 CONNECTICUT QUALITY MUNICIPALOME FUND's Cash to Debt Ratio for the fiscal year that ended in May. 2019 is calculated as:

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND had no debt (1).

NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's Cash to Debt Ratio for the quarter that ended in May. 2019 is calculated as:

NUVEEN CONNECTICUT QUALITY MUNICIPALOME 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 CONNECTICUT QUALITY MUNICIPALOME FUND  (NYSE:NTC) 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 CONNECTICUT QUALITY MUNICIPALOME FUND Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND (NUVEEN CONNECTICUT QUALITY MUNICIPALOME FUND) Business Description

Traded in Other Exchanges
N/A
Address
333 WEST WACKAER DR, CHICAGO, IL, USA, 60606
Executives
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jacques M Longerstaey 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
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Timothy T Ryan other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Young L Robert other: Trustee 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Christopher M. Rohrbacher officer: Vice President 333 W. WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103

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