NXC (Nuveen CA Select Tax Freeome Port) Scaled Net Operating Assets: 0.93 (As of Aug. 2025)


NXC Nuveen CA Select Tax Free Income Port NXC
25 GF Score
Price $13.29
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What is Nuveen CA Select Tax Freeome Port Scaled Net Operating Assets?

Nuveen CA Select Tax Freeome Port NXC +0.15% 25 Scaled Net Operating Assets is 0.93 as of Aug. 2025. GuruFocus rates NXC with a GF Score™ of 25/100. The stock has 5 warning signs investors should review.

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

Nuveen CA Select Tax Freeome Port's operating assets for the quarter that ended in Aug. 2025 was $83.34 Mil. Nuveen CA Select Tax Freeome Port's operating liabilities for the quarter that ended in Aug. 2025 was $0.80 Mil. Nuveen CA Select Tax Freeome Port's Total Assets for the quarter that ended in Feb. 2025 was $88.79 Mil. Therefore, Nuveen CA Select Tax Freeome Port's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2025 was 0.93.

NXC
25GF Score
Nuveen CA Select Tax Free Income Port NXC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen CA Select Tax Freeome Port 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 CA Select Tax Freeome Port's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2025 )
=(Operating Assets (A: Feb. 2025 )-Operating Liabilities (A: Feb. 2025 ))/Total Assets (A: Feb. 2024 )
=(88.396-0.362)/89.344
=0.99

where

Operating Assets(A: Feb. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=88.787 - 0.391
=88.396

Operating Liabilities(A: Feb. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.362 - 0 - 0
=0.362

Nuveen CA Select Tax Freeome Port's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2025 )
=(Operating Assets (Q: Aug. 2025 )-Operating Liabilities (Q: Aug. 2025 ))/Total Assets (Q: Feb. 2025 )
=(83.337-0.796)/88.787
=0.93

where

Operating Assets(Q: Aug. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=84.504 - 1.167
=83.337

Operating Liabilities(Q: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.796 - 0 - 0
=0.796

* 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.

What does a Scaled Net Operating Assets of 0.93 mean?
Nuveen CA Select Tax Freeome Port (NXC) has a Scaled Net Operating Assets of 0.93 as of Aug. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nuveen CA Select Tax Freeome Port and its competitors.
Is Nuveen CA Select Tax Freeome Port's Scaled Net Operating Assets too high?
Nuveen CA Select Tax Freeome Port's current Scaled Net Operating Assets is 0.93. Overall, Nuveen CA Select Tax Freeome Port has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen CA Select Tax Freeome Port's Scaled Net Operating Assets compare to ENDI and FMN?
Nuveen CA Select Tax Freeome Port's Scaled Net Operating Assets of 0.93 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 Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nuveen CA Select Tax Freeome Port and its competitors. Nuveen CA Select Tax Freeome Port's current Scaled Net Operating Assets is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen CA Select Tax Freeome Port stock overvalued right now?
Nuveen CA Select Tax Freeome Port (NXC) has a current Scaled Net Operating Assets of 0.93. The current Scaled Net Operating Assets is 0.93. Nuveen CA Select Tax Freeome Port's overall GF Score™ is 25/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Nuveen CA Select Tax Freeome Port (NXC), the current Scaled Net Operating Assets is 0.93 as of Aug. 2025. 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 CA Select Tax Freeome Port Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen CA Select Tax Free Income Port is a diversified closed-end management investment company. Its objective is to provide stable dividends exempt from both regular federal and California income taxes, consistent with the preservation of capital by investing in municipal obligations.
25GF Score

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