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Nuveen Floating Rateome Fund LT-Debt-to-Total-Asset

: 0.24 (As of Jul. 2020)
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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 Floating Rateome Fund's long-term debt to total assests ratio for the quarter that ended in Jul. 2020 was 0.24.

Nuveen Floating Rateome Fund's long-term debt to total assets ratio declined from Jul. 2019 (0.25) to Jul. 2020 (0.24). It may suggest that Nuveen Floating Rateome Fund is progressively becoming less dependent on debt to grow their business.


Nuveen Floating Rateome Fund LT-Debt-to-Total-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Nuveen Floating Rateome Fund Annual Data
Jul17 Jul18 Jul19 Jul20
LT-Debt-to-Total-Asset 0.24 0.24 0.25 0.24

Nuveen Floating Rateome Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only 0.24 0.26 0.25 0.27 0.24

Nuveen Floating Rateome Fund LT-Debt-to-Total-Asset Calculation

Nuveen Floating Rateome Fund's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2020 is calculated as

LT Debt to Total Assets (A: Jul. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2020 )/Total Assets (A: Jul. 2020 )
=208.1/881.615
=0.24

Nuveen Floating Rateome Fund's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2020 is calculated as

LT Debt to Total Assets (Q: Jul. 2020 )=Long-Term Debt & Capital Lease Obligation (Q: Jul. 2020 )/Total Assets (Q: Jul. 2020 )
=208.1/881.615
=0.24

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Nuveen Floating Rateome Fund  (NYSE:JFR) 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 Floating Rateome Fund LT-Debt-to-Total-Asset Related Terms


Nuveen Floating Rateome Fund LT-Debt-to-Total-Asset Headlines

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