Nuveen AMT-Free Municipal Creditome Fund (Nuveen AMT-Free Municipal Creditome Fund) Equity-to-Asset : 0.55 (As of Oct. 2023)

Nuveen AMT-Free Municipal Creditome Fund Equity-to-Asset Chart

Nuveen AMT-Free Municipal Creditome Fund Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Equity-to-Asset		Get a 7-Day Free Trial					0.63	0.62	0.63	0.55	0.55

Nuveen AMT-Free Municipal Creditome Fund Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Equity-to-Asset	Get a 7-Day Free Trial															0.63	0.58	0.55	0.59	0.55

Competitive Comparison of Nuveen AMT-Free Municipal Creditome Fund's Equity-to-Asset

For the Asset Management subindustry, Nuveen AMT-Free Municipal Creditome Fund'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 AMT-Free Municipal Creditome Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen AMT-Free Municipal Creditome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nuveen AMT-Free Municipal Creditome Fund's Equity-to-Asset falls into.

Nuveen AMT-Free Municipal Creditome Fund Equity-to-Asset Calculation

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.

Nuveen AMT-Free Municipal Creditome Fund's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Nuveen AMT-Free Municipal Creditome Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

* 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 AMT-Free Municipal Creditome Fund  (NYSE:NVG) Equity-to-Asset Explanation

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 AMT-Free Municipal Creditome Fund Equity-to-Asset Related Terms

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Nuveen AMT-Free Municipal Creditome Fund (Nuveen AMT-Free Municipal Creditome Fund) Business Description