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Nuveen Tax-advantaged Dividend Gr Fund (Nuveen Tax-advantaged Dividend Gr Fund) Debt-to-Equity : 0.43 (As of Jun. 2021)


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What is Nuveen Tax-advantaged Dividend Gr Fund Debt-to-Equity?

Nuveen Tax-advantaged Dividend Gr Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. Nuveen Tax-advantaged Dividend Gr Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $109.00 Mil. Nuveen Tax-advantaged Dividend Gr Fund's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $252.13 Mil. Nuveen Tax-advantaged Dividend Gr Fund's debt to equity for the quarter that ended in Jun. 2021 was 0.43.

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 Tax-advantaged Dividend Gr Fund's Debt-to-Equity or its related term are showing as below:

JTD's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Nuveen Tax-advantaged Dividend Gr Fund Debt-to-Equity Historical Data

The historical data trend for Nuveen Tax-advantaged Dividend Gr 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 Tax-advantaged Dividend Gr Fund Debt-to-Equity Chart

Nuveen Tax-advantaged Dividend Gr Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
0.44 0.49 0.42 0.42

Nuveen Tax-advantaged Dividend Gr Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Debt-to-Equity Get a 7-Day Free Trial 0.43 0.42 0.44 0.42 0.43

Competitive Comparison of Nuveen Tax-advantaged Dividend Gr Fund's Debt-to-Equity

For the Asset Management subindustry, Nuveen Tax-advantaged Dividend Gr 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 Tax-advantaged Dividend Gr Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Tax-advantaged Dividend Gr Fund's Debt-to-Equity falls into.


Nuveen Tax-advantaged Dividend Gr Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuveen Tax-advantaged Dividend Gr Fund's Debt to Equity Ratio for the fiscal year that ended in Dec. 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 + 97.4) / 232.836
=0.42

Nuveen Tax-advantaged Dividend Gr Fund's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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 + 109) / 252.13
=0.43

* 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 Tax-advantaged Dividend Gr Fund  (NYSE:JTD) 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 Tax-advantaged Dividend Gr Fund Debt-to-Equity Related Terms

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

Nuveen Tax-advantaged Dividend Gr Fund (Nuveen Tax-advantaged Dividend Gr Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Tax-advantaged Dividend Gr Fund (NYSE:JTD) » Definitions » Debt-to-Equity
Comparable Companies
NPV XFLT MN JCE WIA MVT RCS DBL TEI TSI BLK TSX:BAM.A BX OSTO:INVE A KKR BK APO AMP TROW XSWX:PGHN
Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.nuveen.com
Nuveen Tax-advantaged Dividend Gr Fund is a diversified closed-end management investment company. Its investment objective is to provide an attractive level of tax-advantaged distributions and capital appreciation by investing in dividend-paying equity securities. In addition, the fund invests in preferred stocks of mid- to large-cap companies and other fixed-income securities and, to a limited extent, write (sell) call options on various equity market indices.
Executives
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
David A Chalupnik other: Portfolio Manager 800 NICOLLET MALL MAIL STOP BC-MN-H21C MINNEAPOLIS MN 55402
David S. Park other: Portfolio Manager C/O NUVEEN INVESTMENTS 333 W. WACKER DRIVE STE 3400 CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Jody I Hrazanek other: Portfolio Manager 230 PARK AVENUE, NEW YORK NY 10169
Huffman William T. Jr. officer: President of NAM, LLC C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, 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
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606