Market Cap : 2.29 B | Enterprise Value : 2.29 B | PE Ratio : 186.97 | PB Ratio : 1.01 |
---|
NYSE:NZF has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NYSE:NZF has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Nuveen Municipal Creditome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2020 was $0.00 Mil. Nuveen Municipal Creditome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2020 was $1.02 Mil. Nuveen Municipal Creditome Fund's Total Stockholders Equity for the quarter that ended in Oct. 2020 was $2,267.97 Mil. Nuveen Municipal Creditome Fund's debt to equity for the quarter that ended in Oct. 2020 was 0.00.
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.
During the past 11 years, the highest Debt-to-Equity Ratio of Nuveen Municipal Creditome Fund was 0.02. The lowest was 0.00. And the median was 0.01.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
* The bar in red indicates where Nuveen Municipal Creditome Fund's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Nuveen Municipal Creditome Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 2020 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (0 | + | 1.018) | / | 2267.965 | |
= | 0.00 |
Nuveen Municipal Creditome Fund's Debt to Equity Ratio for the quarter that ended in Oct. 2020 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (0 | + | 1.018) | / | 2267.965 | |
= | 0.00 |
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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.
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.
No Headline