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Nuveen Municipal Creditome Fund Equity-to-Asset

: 0.62 (As of Oct. 2020)
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Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. Nuveen Municipal Creditome Fund's Total Stockholders Equity for the quarter that ended in Oct. 2020 was $2,267.97 Mil. Nuveen Municipal Creditome Fund's Total Assets for the quarter that ended in Oct. 2020 was $3,667.72 Mil. Therefore, Nuveen Municipal Creditome Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2020 was 0.62.

NYSE:NZF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.65   Max: 0.69
Current: 0.62

0.59
0.69

During the past 11 years, the highest Equity to Asset Ratio of Nuveen Municipal Creditome Fund was 0.69. The lowest was 0.59. And the median was 0.65.

NYSE:NZF's Equity-to-Asset is ranked lower than
75% of the 1669 Companies
in the Asset Management industry.

( Industry Median: 0.83 vs. NYSE:NZF: 0.62 )

Nuveen Municipal Creditome Fund Equity-to-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Nuveen Municipal Creditome Fund Annual Data
Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.64 0.59 0.63 0.62

Nuveen Municipal Creditome Fund Semi-Annual Data
Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.62 0.63 0.60 0.62

Competitive Comparison
* 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.


Nuveen Municipal Creditome Fund Equity-to-Asset Distribution

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



Nuveen 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 shareholder's tangible equity divided by its total asset.

Nuveen Municipal Creditome Fund's Equity to Asset Ratio for the fiscal year that ended in Oct. 2020 is calculated as

Equity to Asset (A: Oct. 2020 )=Total Stockholders Equity/Total Assets
=2267.965/3667.724
=0.62

Nuveen Municipal Creditome Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2020 is calculated as

Equity to Asset (Q: Oct. 2020 )=Total Stockholders Equity/Total Assets
=2267.965/3667.724
=0.62

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Nuveen Municipal Creditome Fund  (NYSE:NZF) 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 Municipal Creditome Fund Equity-to-Asset Related Terms


Nuveen Municipal Creditome Fund Equity-to-Asset Headlines

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