Nuveen Asset Turnover from 2010 to 2024

NPFD Stock  USD 19.02  0.17  0.90%   
Nuveen Variable's Asset Turnover is increasing over the years with slightly volatile fluctuation. Overall, Asset Turnover is expected to go to 0.09 this year. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Nuveen Variable Rate uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.08633824
Current Value
0.0907
Quarterly Volatility
0.06414237
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nuveen Variable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nuveen Variable's main balance sheet or income statement drivers, such as Net Interest Income of 17 M, Interest Income of 28.6 M or Depreciation And Amortization of 202.7 K, as well as many indicators such as Price To Sales Ratio of 7.13, Dividend Yield of 0.0487 or PTB Ratio of 1.01. Nuveen financial statements analysis is a perfect complement when working with Nuveen Variable Valuation or Volatility modules.
  
Check out the analysis of Nuveen Variable Correlation against competitors.

Latest Nuveen Variable's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Nuveen Variable Rate over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Nuveen Variable's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nuveen Variable's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

Nuveen Asset Turnover Regression Statistics

Arithmetic Mean(0.06)
Coefficient Of Variation(99.06)
Mean Deviation0.05
Median(0.09)
Standard Deviation0.06
Sample Variance0
Range0.1837
R-Value0.66
Mean Square Error0
R-Squared0.44
Significance0.01
Slope0.01
Total Sum of Squares0.06

Nuveen Asset Turnover History

2024 0.0907
2023 0.0863
2022 -0.0325

Other Fundumenentals of Nuveen Variable Rate

Nuveen Variable Asset Turnover component correlations

About Nuveen Variable Financial Statements

Nuveen Variable stakeholders use historical fundamental indicators, such as Nuveen Variable's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Nuveen Variable investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nuveen Variable's assets and liabilities are reflected in the revenues and expenses on Nuveen Variable's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nuveen Variable Rate. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Asset Turnover 0.09  0.09 

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When determining whether Nuveen Variable Rate is a strong investment it is important to analyze Nuveen Variable's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nuveen Variable's future performance. For an informed investment choice regarding Nuveen Stock, refer to the following important reports:
Check out the analysis of Nuveen Variable Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen Variable. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen Variable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.454
Dividend Share
1.35
Earnings Share
2.71
Revenue Per Share
1.768
Quarterly Revenue Growth
0.074
The market value of Nuveen Variable Rate is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Variable's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Variable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Variable's market value can be influenced by many factors that don't directly affect Nuveen Variable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen Variable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Variable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Variable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.