GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Municipal Credit Opps Fund (NYSE:NMCO) » Definitions » LT-Debt-to-Total-Asset

Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Nuveen Municipal Credit Opps Fund LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Nuveen Municipal Credit Opps Fund's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.00.

Nuveen Municipal Credit Opps Fund's long-term debt to total assets ratio declined from Oct. 2022 (0.01) to Oct. 2023 (0.00). It may suggest that Nuveen Municipal Credit Opps Fund is progressively becoming less dependent on debt to grow their business.


Nuveen Municipal Credit Opps Fund LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nuveen Municipal Credit Opps Fund's LT-Debt-to-Total-Asset 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 Municipal Credit Opps Fund LT-Debt-to-Total-Asset Chart

Nuveen Municipal Credit Opps Fund Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23
LT-Debt-to-Total-Asset
- - - 0.01 -

Nuveen Municipal Credit Opps Fund Semi-Annual Data
Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only - - 0.01 - -

Nuveen Municipal Credit Opps Fund LT-Debt-to-Total-Asset Calculation

Nuveen Municipal Credit Opps Fund's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )/Total Assets (A: Oct. 2023 )
=0.006/1061.63
=0.00

Nuveen Municipal Credit Opps Fund's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (Q: Oct. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Oct. 2023 )/Total Assets (Q: Oct. 2023 )
=0.006/1061.63
=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 Municipal Credit Opps Fund  (NYSE:NMCO) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Nuveen Municipal Credit Opps Fund LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Nuveen Municipal Credit Opps Fund's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Municipal Credit Opps Fund is a closed-end fund. The fund's objective is to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. It invests in high yielding, low-to medium-quality municipal securities and uses leverage.
Executives
Terence J Toth other: Chairman of the Board
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
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
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero 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
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Jack Evans other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606

Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Headlines

From GuruFocus

Melone Private Wealth, LLC Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-19-2023