Nuveen NJ Municipal Value Fund (Nuveen NJ Municipal Value Fund) Cash-to-Debt : No Debt ⁽¹⁾ (As of Aug. 2020)

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What is Nuveen NJ Municipal Value 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 NJ Municipal Value Fund's cash to debt ratio for the quarter that ended in Aug. 2020 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 NJ Municipal Value Fund could pay off its debt using the cash in hand for the quarter that ended in Aug. 2020.

(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 NJ Municipal Value Fund's Cash-to-Debt or its related term are showing as below:

NJV's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.445
* Ranked among companies with meaningful Cash-to-Debt only.

Nuveen NJ Municipal Value Fund Cash-to-Debt Historical Data

The historical data trend for Nuveen NJ Municipal Value 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.

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Nuveen NJ Municipal Value Fund Cash-to-Debt Chart

Nuveen NJ Municipal Value Fund Annual Data

Trend

Apr11

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Feb20

Cash-to-Debt

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No Debt

Nuveen NJ Municipal Value Fund Semi-Annual Data
	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20
Cash-to-Debt	Get a 7-Day Free Trial															-	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Nuveen NJ Municipal Value Fund's Cash-to-Debt

For the Asset Management subindustry, Nuveen NJ Municipal Value 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 NJ Municipal Value Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen NJ Municipal Value Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nuveen NJ Municipal Value Fund's Cash-to-Debt falls into.

Nuveen NJ Municipal Value 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 NJ Municipal Value Fund's Cash to Debt Ratio for the fiscal year that ended in Feb. 2020 is calculated as:

Nuveen NJ Municipal Value Fund had no debt ⁽¹⁾.

Nuveen NJ Municipal Value Fund's Cash to Debt Ratio for the quarter that ended in Aug. 2020 is calculated as:

Nuveen NJ Municipal Value Fund had no debt ⁽¹⁾.

Nuveen NJ Municipal Value Fund (NYSE:NJV) 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 NJ Municipal Value Fund Cash-to-Debt Related Terms

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

Nuveen NJ Municipal Value Fund (Nuveen NJ Municipal Value Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen NJ Municipal Value Fund (NYSE:NJV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 West Wacker Drive, Chicago, IL, USA, 60606

Website

https://www.nuveen.com

Nuveen NJ Municipal Value Fund is a closed-end investment company. Its investment objective is to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain U.S. territories.

Executives

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
Timothy T Ryan	other: Portfolio Manager	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
William A Siffermann	officer: Vice President	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
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
Nuveen Fund Advisors, Llc	other: Investment Adviser	333 W. WACKER DRIVE, CHICAGO IL 60606
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

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Nuveen NJ Municipal Value Fund (Nuveen NJ Municipal Value Fund) Cash-to-Debt : No Debt (1) (As of Aug. 2020)