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NAC (Nuveen California Quality Municipalome Fund) Debt-to-Equity : 0.00 (As of Aug. 2024)


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What is Nuveen California Quality Municipalome Fund Debt-to-Equity?

Nuveen California Quality Municipalome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $0.0 Mil. Nuveen California Quality Municipalome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $6.5 Mil. Nuveen California Quality Municipalome Fund's Total Stockholders Equity for the quarter that ended in Aug. 2024 was $1,846.1 Mil. Nuveen California Quality Municipalome Fund's debt to equity for the quarter that ended in Aug. 2024 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.

The historical rank and industry rank for Nuveen California Quality Municipalome Fund's Debt-to-Equity or its related term are showing as below:

During the past 6 years, the highest Debt-to-Equity Ratio of Nuveen California Quality Municipalome Fund was 0.01. The lowest was 0.00. And the median was 0.00.

NAC's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

Nuveen California Quality Municipalome Fund Debt-to-Equity Historical Data

The historical data trend for Nuveen California Quality Municipalome 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 California Quality Municipalome Fund Debt-to-Equity Chart

Nuveen California Quality Municipalome Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial - - - 0.01 -

Nuveen California Quality Municipalome Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 Premium Member Only - - 0.01 - -

Competitive Comparison of Nuveen California Quality Municipalome Fund's Debt-to-Equity

For the Asset Management subindustry, Nuveen California Quality Municipalome 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 California Quality Municipalome Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen California Quality Municipalome Fund's Debt-to-Equity falls into.


Nuveen California Quality Municipalome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuveen California Quality Municipalome Fund's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 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 + 3.201) / 1811.752
=0.00

Nuveen California Quality Municipalome Fund's Debt to Equity Ratio for the quarter that ended in Aug. 2024 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 + 6.469) / 1846.087
=0.00

* 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 California Quality Municipalome Fund  (NYSE:NAC) 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 California Quality Municipalome Fund Debt-to-Equity Related Terms

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

Nuveen California Quality Municipalome Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen California Quality Municipal Income Fund (NYSE:NAC) » Definitions » Debt-to-Equity
Comparable Companies
BTT GAB RVT BMEZ BDJ EVT BIGZ ETV VRTS GOF BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.nuveen.com
Nuveen California Quality Municipal Income Fund is a diversified closed-end management investment company. Its objective is to provide current income exempt from regular federal and California income tax and to enhance portfolio value relative to the municipal bond market by investing in municipal securities that are exempt from federal and California state income taxes. It invests majority of its assets in securities that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
Executives
Kristen Dejong other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, 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
Joanne Medero other: Trustee 333 W. 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
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
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: Vicen 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