GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Real Estate Income Fund (NYSE:JRS) » Definitions » Debt-to-Equity

Nuveen Real Estateome Fund (Nuveen Real Estateome Fund) Debt-to-Equity

: 0.39 (As of Dec. 2023)
View and export this data going back to 2001. Start your Free Trial

Nuveen Real Estateome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Nuveen Real Estateome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $98.50 Mil. Nuveen Real Estateome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $255.55 Mil. Nuveen Real Estateome Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.39.

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 Real Estateome Fund's Debt-to-Equity or its related term are showing as below:

JRS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.41   Max: 0.46
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Nuveen Real Estateome Fund was 0.46. The lowest was 0.38. And the median was 0.41.

JRS's Debt-to-Equity is ranked worse than
66.14% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs JRS: 0.39

Nuveen Real Estateome Fund Debt-to-Equity Historical Data

The historical data trend for Nuveen Real Estateome 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 Real Estateome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.40 0.38 0.45 0.39

Nuveen Real Estateome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.45 0.45 0.39 0.39

Competitive Comparison

For the Asset Management subindustry, Nuveen Real Estateome 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 Real Estateome Fund Debt-to-Equity Distribution

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

* The bar in red indicates where Nuveen Real Estateome Fund's Debt-to-Equity falls into.



Nuveen Real Estateome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuveen Real Estateome Fund's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Nuveen Real Estateome Fund's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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 Real Estateome Fund  (NYSE:JRS) 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 Real Estateome Fund Debt-to-Equity Related Terms

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


Nuveen Real Estateome Fund (Nuveen Real Estateome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Real Estate Income Fund is a diversified closed-end investment company. The fund seeks to provide high current income and capital appreciation by investing in income-producing common stocks, preferred stocks, convertible preferred stocks and debt securities issued by real estate companies. It invests at least 80% of its total assets in income-producing equity securities issued by Real Estate Investment Trusts (REITs) and will not invest more than 25% of its total assets in non-investment grade preferred stocks, convertible preferred stocks, and debt 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
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
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
Nathan J. Gear other: Portfolio Manager 10 SOUTH DEARBORN STREET, SUITE 1400, CHICAGO IL 60603
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
William A Siffermann 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

Nuveen Real Estateome Fund (Nuveen Real Estateome Fund) Headlines

From GuruFocus

Six Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 12-31-2020

Ten Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 12-30-2022

Six Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 07-01-2021

Six Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 10-02-2020