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Nuveen Diversified Commodity Fund (Nuveen Diversified Commodity Fund) Financial Strength : 0 (As of Sep. 2016)


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What is Nuveen Diversified Commodity Fund Financial Strength?

Nuveen Diversified Commodity Fund has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Nuveen Diversified Commodity Fund has no long-term debt (1). Nuveen Diversified Commodity Fund's debt to revenue ratio for the quarter that ended in Sep. 2016 was 0.00. As of today, Nuveen Diversified Commodity Fund's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Nuveen Diversified Commodity Fund's Financial Strength

For the Capital Markets subindustry, Nuveen Diversified Commodity Fund's Financial Strength, along with its competitors' market caps and Financial Strength 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 Diversified Commodity Fund's Financial Strength Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nuveen Diversified Commodity Fund's Financial Strength distribution charts can be found below:

* The bar in red indicates where Nuveen Diversified Commodity Fund's Financial Strength falls into.



Nuveen Diversified Commodity Fund Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Nuveen Diversified Commodity Fund's Interest Expense for the months ended in Sep. 2016 was $0.00 Mil. Its Operating Income for the months ended in Sep. 2016 was $-0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $0.00 Mil.

Nuveen Diversified Commodity Fund's Interest Coverage for the quarter that ended in Sep. 2016 is

Nuveen Diversified Commodity Fund had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Nuveen Diversified Commodity Fund's Debt to Revenue Ratio for the quarter that ended in Sep. 2016 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2016 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0.34
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Nuveen Diversified Commodity Fund has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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 Diversified Commodity Fund  (AMEX:CFD) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Nuveen Diversified Commodity Fund has the Financial Strength Rank of 0.


Nuveen Diversified Commodity Fund Financial Strength Related Terms

Thank you for viewing the detailed overview of Nuveen Diversified Commodity Fund's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Diversified Commodity Fund (Nuveen Diversified Commodity Fund) Business Description

Traded in Other Exchanges
N/A
Address
Nuveen Diversified Commodity Fund was organized as a Delaware statutory trust on December 7, 2005, to operate as a commodity pool. The Fund commenced operations on September 27, 2010, with its initial public offering. Prior to the initial public offering, the Fund was inactive except for matters relating to its organization and registration. The Fund's investment objective is to generate higher risk-adjusted total return than commodity market benchmarks. In pursuing its investment objective, the Fund invests in a diversified portfolio of commodity futures and forward contracts to obtain broad exposure to all principal groups in the commodity markets.
Executives
Sherri A Hlavacek officer: Vice President & Treasurer 333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Harry W Short other: Independent Committee Member 50 S LA SALLE ST, CHICAGO IL 60675
William Iv Adams officer: Vice President EVANSTON ALTERNATIVE OPPORTUNITIES FUND, 1560 SHERMAN AVENUE, SUITE 960, EVANSTON IL 60201
William J Schneider other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Virginia Stringer other: Trustee 800 NICOLLET MALL, C/O US BANCORP ASSET MANAGEMENT, MINNEAPOLIS MI 55402
Kathleen L Prudhomme officer: Vice President 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Terence J Toth other: Trustee
Robert P Bremner other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Kundert other: Trustee 4599 BEECHER COURT, NEW ALBANY OH 43054
Carole E Stone other: Trustee 2169 ROWLEY ROAD, MALTA NY 12020
Douglas M. Baker officer: SVP and Pf Mgr of subadvisor C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606

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