GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Dynamic Municipal Opportunities (NYSE:NDMO) » Definitions » Scaled Net Operating Assets

NDMO (Nuveen Dynamic Municipal Opportunities) Scaled Net Operating Assets : 0.73 (As of Apr. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Nuveen Dynamic Municipal Opportunities Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen Dynamic Municipal Opportunities's operating assets for the quarter that ended in Apr. 2024 was $919.83 Mil. Nuveen Dynamic Municipal Opportunities's operating liabilities for the quarter that ended in Apr. 2024 was $287.53 Mil. Nuveen Dynamic Municipal Opportunities's Total Assets for the quarter that ended in Oct. 2023 was $861.11 Mil. Therefore, Nuveen Dynamic Municipal Opportunities's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2024 was 0.73.

Nuveen Dynamic Municipal Opportunities Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nuveen Dynamic Municipal Opportunities's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(860.13-277.607)/869.668
=0.67

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=861.111 - 0.981
=860.13

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=277.607 - 0 - 0
=277.607

Nuveen Dynamic Municipal Opportunities's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2024 )
=(Operating Assets (Q: Apr. 2024 )-Operating Liabilities (Q: Apr. 2024 ))/Total Assets (Q: Oct. 2023 )
=(919.826-287.525)/861.111
=0.73

where

Operating Assets(Q: Apr. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=936.275 - 16.449
=919.826

Operating Liabilities(Q: Apr. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=287.525 - 0 - 0
=287.525

* 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 Dynamic Municipal Opportunities Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Nuveen Dynamic Municipal Opportunities's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuveen Dynamic Municipal Opportunities Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Dynamic Municipal Opportunities (NYSE:NDMO) » Definitions » Scaled Net Operating Assets
Comparable Companies
GGN BOE VINP MHD IGR PCN AIO CCAP CION MUJ BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.nuveen.com
Nuveen Dynamic Municipal Opportunities is a closed-end management investment company. The investment objective of the Fund is to seek total return through income exempt from regular federal income taxes and capital appreciation.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
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
Joanne Medero other: Trustee 333 W. 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
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Paul L Brennan other: Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: Vice President & Secretary 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606