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Nuveen Preferred andome Term Fund (Nuveen Preferred andome Term Fund) Debt-to-Equity : 0.55 (As of Jan. 2024)


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What is Nuveen Preferred andome Term Fund Debt-to-Equity?

Nuveen Preferred andome Term Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Nuveen Preferred andome Term Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $241.92 Mil. Nuveen Preferred andome Term Fund's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $442.02 Mil. Nuveen Preferred andome Term Fund's debt to equity for the quarter that ended in Jan. 2024 was 0.55.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Nuveen Preferred andome Term Fund's Debt-to-Equity or its related term are showing as below:

JPI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.5   Max: 0.59
Current: 0.55

During the past 7 years, the highest Debt-to-Equity Ratio of Nuveen Preferred andome Term Fund was 0.59. The lowest was 0.38. And the median was 0.50.

JPI's Debt-to-Equity is ranked worse than
75.61% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs JPI: 0.55

Nuveen Preferred andome Term Fund Debt-to-Equity Historical Data

The historical data trend for Nuveen Preferred andome Term Fund's Debt-to-Equity 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.

* Premium members only.

Nuveen Preferred andome Term Fund Debt-to-Equity Chart

Nuveen Preferred andome Term Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-Equity
Get a 7-Day Free Trial 0.48 0.48 0.50 0.58 0.59

Nuveen Preferred andome Term Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.58 0.55 0.59 0.55

Competitive Comparison of Nuveen Preferred andome Term Fund's Debt-to-Equity

For the Asset Management subindustry, Nuveen Preferred andome Term Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 andome Term Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Preferred andome Term Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nuveen Preferred andome Term Fund's Debt-to-Equity falls into.



Nuveen Preferred andome Term Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuveen Preferred andome Term Fund's Debt to Equity Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Nuveen Preferred andome Term Fund's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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 Preferred andome Term Fund  (NYSE:JPI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Nuveen Preferred andome Term Fund Debt-to-Equity Related Terms

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


Nuveen Preferred andome Term Fund (Nuveen Preferred andome Term Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Preferred and Income Term Fund is a closed-end management investment company. Its investment objective is to provide a high level of current income and total return. The company's products include mutual funds, closed-end funds, Exchange-traded funds, Multi-asset model portfolios, and others.
Executives
Jack Evans other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
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
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Deann Morgan other: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Brenda A. Langenfeld other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 2900, CHICAGO IL 60606
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
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606

Nuveen Preferred andome Term Fund (Nuveen Preferred andome Term Fund) Headlines

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