NPFD (Nuveen Variable Rate Preferred&Income) Liabilities-to-Assets : 0.36 (As of Jan. 2026)

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NPFD Nuveen Variable Rate Preferred&Income NPFD
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What is Nuveen Variable Rate Preferred&Income Liabilities-to-Assets?

Nuveen Variable Rate Preferred&Income NPFD -0.54% 30 Liabilities-to-Assets is 0.36 as of Jan. 2026. GuruFocus rates NPFD with a GF Score™ of 30/100. The stock has 6 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Nuveen Variable Rate Preferred&Income's Total Liabilities for the quarter that ended in Jan. 2026 was $279.05 Mil. Nuveen Variable Rate Preferred&Income's Total Assets for the quarter that ended in Jan. 2026 was $768.70 Mil. Therefore, Nuveen Variable Rate Preferred&Income's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2026 was 0.36.


Nuveen Variable Rate Preferred&Income  (NYSE:NPFD) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Nuveen Variable Rate Preferred&Income Liabilities-to-Assets Related Terms


Nuveen Variable Rate Preferred&Income Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Nuveen Variable Rate Preferred&Income's Liabilities-to-Assets 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.

Nuveen Variable Rate Preferred&Income Liabilities-to-Assets Chart

Nuveen Variable Rate Preferred&Income Annual Data
Trend Jul22 Jul23 Jul24 Jul25
Liabilities-to-Assets
0.37 0.37 0.37 0.37

Nuveen Variable Rate Preferred&Income Semi-Annual Data
Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.37 0.37 0.38 0.37 0.36

NPFD vs ETB, EVN, KIO: Liabilities-to-Assets Comparison

For the Asset Management subindustry, Nuveen Variable Rate Preferred&Income's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Variable Rate Preferred&Income's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Nuveen Variable Rate Preferred&Income's Liabilities-to-Assets falls into.


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Nuveen Variable Rate Preferred&Income NPFD
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Nuveen Variable Rate Preferred&Income Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Nuveen Variable Rate Preferred&Income's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2025 is calculated as:

Liabilities-to-Assets (A: Jul. 2025 )=Total Liabilities/Total Assets
=280.451/765.194
=0.37

Nuveen Variable Rate Preferred&Income's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2026 is calculated as

Liabilities-to-Assets (Q: Jan. 2026 )=Total Liabilities/Total Assets
=279.049/768.699
=0.36

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.36 mean?
Nuveen Variable Rate Preferred&Income (NPFD) has a Liabilities-to-Assets of 0.36 as of Jan. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Nuveen Variable Rate Preferred&Income and its competitors.
Is Nuveen Variable Rate Preferred&Income's Liabilities-to-Assets too high?
Nuveen Variable Rate Preferred&Income's current Liabilities-to-Assets is 0.36. Overall, Nuveen Variable Rate Preferred&Income has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Variable Rate Preferred&Income's Liabilities-to-Assets compare to ETB and EVN?
Nuveen Variable Rate Preferred&Income's Liabilities-to-Assets of 0.36 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Asset Management company?
A good Liabilities-to-Assets depends on the Asset Management industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. Nuveen Variable Rate Preferred&Income's current Liabilities-to-Assets is 0.36. 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 Liabilities-to-Assets of 0.36. The current Liabilities-to-Assets is 0.36. Nuveen Variable Rate Preferred&Income's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Nuveen Variable Rate Preferred&Income (NPFD), the current Liabilities-to-Assets is 0.36 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

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
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.
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