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NAD (Nuveen Quality Municipalome Fund) Debt-to-Equity : 0.00 (As of Oct. 2024)


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

Nuveen Quality Municipalome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $0.0 Mil. Nuveen Quality Municipalome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $13.3 Mil. Nuveen Quality Municipalome Fund's Total Stockholders Equity for the quarter that ended in Oct. 2024 was $2,999.4 Mil. Nuveen Quality Municipalome Fund's debt to equity for the quarter that ended in Oct. 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 Quality Municipalome Fund's Debt-to-Equity or its related term are showing as below:

During the past 8 years, the highest Debt-to-Equity Ratio of Nuveen Quality Municipalome Fund was 0.02. The lowest was 0.00. And the median was 0.00.

NAD'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 Quality Municipalome Fund Debt-to-Equity Historical Data

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

Nuveen Quality Municipalome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Debt-to-Equity
Get a 7-Day Free Trial - - 0.02 - -

Nuveen Quality Municipalome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 0.02 - - - -

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

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

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

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


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Nuveen Quality Municipalome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuveen Quality Municipalome Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 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 + 13.312) / 2999.414
=0.00

Nuveen Quality Municipalome Fund's Debt to Equity Ratio for the quarter that ended in Oct. 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 + 13.312) / 2999.414
=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 Quality Municipalome Fund  (NYSE:NAD) 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 Quality Municipalome Fund Debt-to-Equity Related Terms

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

Nuveen Quality Municipalome Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Quality Municipal Income Fund (NYSE:NAD) » Definitions » Debt-to-Equity
Comparable Companies
PTY NVG CSQ APAM JPC GOF EXG UTG UTF BUR BLK BX KKR OSTO:INVE A TSX:BAM APO TSX:BN LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.nuveen.com
Nuveen Quality Municipal Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide current income exempted from regular federal income tax by investing in tax-exempt municipal securities that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
Executives
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Young L Robert other: Trustee 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Terence J Toth other: Trustee
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
Gifford R Zimmerman officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, 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
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