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Nuveen Preferred &ome Securities Fund (Nuveen Preferred &ome Securities Fund) Cash-to-Debt : 0.00 (As of Jan. 2023)


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What is Nuveen Preferred &ome Securities 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 Preferred &ome Securities Fund's cash to debt ratio for the quarter that ended in Jan. 2023 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Nuveen Preferred &ome Securities Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2023.

The historical rank and industry rank for Nuveen Preferred &ome Securities Fund's Cash-to-Debt or its related term are showing as below:

During the past 6 years, Nuveen Preferred &ome Securities Fund's highest Cash to Debt Ratio was 0.01. The lowest was 0.00. And the median was 0.01.

JPS's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.5
* Ranked among companies with meaningful Cash-to-Debt only.

Nuveen Preferred &ome Securities Fund Cash-to-Debt Historical Data

The historical data trend for Nuveen Preferred &ome Securities 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 Preferred &ome Securities Fund Cash-to-Debt Chart

Nuveen Preferred &ome Securities Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Cash-to-Debt
Get a 7-Day Free Trial - - - 0.01 -

Nuveen Preferred &ome Securities Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 - - -

Competitive Comparison of Nuveen Preferred &ome Securities Fund's Cash-to-Debt

For the Asset Management subindustry, Nuveen Preferred &ome Securities 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 Preferred &ome Securities Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Preferred &ome Securities Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nuveen Preferred &ome Securities Fund's Cash-to-Debt falls into.


Nuveen Preferred &ome Securities 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 Preferred &ome Securities Fund's Cash to Debt Ratio for the fiscal year that ended in Jul. 2022 is calculated as:

Cash to Debt Ratio= Balance Sheet Cash And Cash Equivalents / Total Debt
= Balance Sheet Cash And Cash Equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0.97 / (0 + 774.889)
=0.00

Nuveen Preferred &ome Securities Fund's Cash to Debt Ratio for the quarter that ended in Jan. 2023 is calculated as:

Cash to Debt Ratio= Balance Sheet Cash And Cash Equivalents / Total Debt
= Balance Sheet Cash And Cash Equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0.166 / (0 + 735.428)
=0.00

* 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 Preferred &ome Securities Fund  (NYSE:JPS) 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 Preferred &ome Securities Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Nuveen Preferred &ome Securities Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuveen Preferred &ome Securities Fund (Nuveen Preferred &ome Securities Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Preferred & Income Securities Fund (NYSE:JPS) » Definitions » Cash-to-Debt
Comparable Companies
BXMX NMFC RQI PDO STEW HYT VRTS ETV BDJ RVT BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.nuveen.com
Nuveen Preferred & Income Securities Fund is a diversified closed-end management investment company. Its investment objective is to provide high current income consistent with capital preservation. The Fund's secondary investment objective is to enhance portfolio value. The Fund invests its managed assets in preferred securities, debt securities, including debt securities and convertible preferred securities.
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
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606