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What is Nuveen Variable Rate Preferred&Income Equity-to-Asset?
Nuveen Variable Rate Preferred&IncomeNPFD -0.54%32 Equity-to-Asset is 0.64 as of Jan. 2026, which is 2% above its 10-year median of 0.63. GuruFocus rates NPFD with a GF Score™ of 32/100. The stock has 6 warning signs investors should review. Among 1,633 Asset Management companies, Nuveen Variable Rate Preferred&Income ranks worse than 69.5% on this metric.
NPFD'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.63 Max: 0.64
Current: 0.64
During the past 4 years, the highest Equity to Asset Ratio of Nuveen Variable Rate Preferred&Income was 0.64. The lowest was 0.62. And the median was 0.63.
NPFD's Equity-to-Asset is ranked worse than 69.5% of 1633
companies
in the Asset Management industry
Industry Median: 0.83
vs NPFD: 0.64
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Nuveen Variable Rate Preferred&Income Equity-to-Asset Related Terms
Nuveen Variable Rate Preferred&Income Equity-to-Asset Historical Data
* 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.
For the Asset Management subindustry, Nuveen Variable Rate Preferred&Income's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Variable Rate Preferred&Income Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Variable Rate Preferred&Income's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nuveen Variable Rate Preferred&Income's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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 Variable Rate Preferred&Income (NPFD) has a Equity-to-Asset of 0.64 as of Jan. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. This is near median its historical median of 0.63. Over the past decade, Nuveen Variable Rate Preferred&Income's Equity-to-Asset has ranged from 0.62 to 0.64. According to the industry distribution chart, Nuveen Variable Rate Preferred&Income ranks #1135 out of 1633 companies in the Asset Management industry, placing it in the top 69.5%.
Is Nuveen Variable Rate Preferred&Income's Equity-to-Asset too high?
Nuveen Variable Rate Preferred&Income's current Equity-to-Asset of 0.64 is near median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.64. The Asset Management industry median Equity-to-Asset is 0.83. Nuveen Variable Rate Preferred&Income's value of 0.64 is 22.9% below this industry median. Based on the distribution chart, Nuveen Variable Rate Preferred&Income ranks #1135 out of 1633 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Variable Rate Preferred&Income has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Variable Rate Preferred&Income's Equity-to-Asset compare to ETB and EVN?
According to the Asset Management industry distribution chart, Nuveen Variable Rate Preferred&Income ranks #1135 out of 1633 companies for Equity-to-Asset. This places Nuveen Variable Rate Preferred&Income in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Nuveen Variable Rate Preferred&Income's value of 0.64 is 22.9% below this benchmark. Historically, Nuveen Variable Rate Preferred&Income's own Equity-to-Asset has ranged from 0.62 to 0.64 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.83, Nuveen Variable Rate Preferred&Income has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,633 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Variable Rate Preferred&Income's current Equity-to-Asset of 0.64 is 22.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Variable Rate Preferred&Income's current Equity-to-Asset is 0.64, which is near median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Variable Rate Preferred&Income stock overvalued right now?
Nuveen Variable Rate Preferred&Income (NPFD) has a current Equity-to-Asset of 0.64. The current Equity-to-Asset is 0.64, which is near median its 10-year median of 0.63 and 22.9% below the Asset Management industry median of 0.83. Nuveen Variable Rate Preferred&Income's overall GF Score™ is 32/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Nuveen Variable Rate Preferred&Income (NPFD), the current Equity-to-Asset is 0.64 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nuveen Variable Rate Preferred&Income Business Description
Nuveen Variable Rate Preferred&Income is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and total return. The fund invests a majority of its assets in variable-rate preferred securities and other variable-rate income-producing securities. The rest of its investments can be made in contingent capital securities or contingent convertible securities, convertible securities, corporate debt securities, U.S. government securities, residential and commercial mortgage-backed securities, fixed-rate preferred securities, senior loans and loan participations and assignments, sovereign debt instruments, debt securities issued by supranational agencies, and/or taxable and tax-exempt municipal bonds.
32GF Score
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