Nuveen California Financials

NXC Stock  USD 13.34  0.04  0.30%   
Based on the key measurements obtained from Nuveen California's financial statements, Nuveen California Select may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Nuveen California's Accounts Payable is projected to decrease significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 204.6 K, whereas Other Current Liabilities is projected to grow to (264.9 K). Key indicators impacting Nuveen California's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01040.0074
Significantly Up
Slightly volatile
Current Ratio2.273.1354
Way Down
Pretty Stable
The essential information of the day-to-day investment outlook for Nuveen California includes many different criteria found on its balance sheet. An individual investor should monitor Nuveen California's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Nuveen California.

Net Income

5.35 Million

  
Understanding current and past Nuveen California Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nuveen California's financial statements are interrelated, with each one affecting the others. For example, an increase in Nuveen California's assets may result in an increase in income on the income statement.
Please note, the presentation of Nuveen California's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nuveen California's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nuveen California's management manipulating its earnings.

Nuveen California Stock Summary

Nuveen California competes with Eaton Vance, Invesco High, Blackrock Muniholdings, MFS Investment, and Federated Premier. Nuveen California Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. Nuveen California Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States. Nuveen California is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS67063R1032
CUSIP67063R103
LocationIllinois; U.S.A
Business Address333 West Wacker
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.nuveen.com/cef/product/overview.aspx?f
Phone312 917 7700
CurrencyUSD - US Dollar

Nuveen California Key Financial Ratios

Nuveen Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nuveen California's current stock value. Our valuation model uses many indicators to compare Nuveen California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuveen California competition to find correlations between indicators driving Nuveen California's intrinsic value. More Info.
Nuveen California Select is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.41  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nuveen California Select is roughly  2.42 . At present, Nuveen California's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nuveen California's earnings, one of the primary drivers of an investment's value.

Nuveen California Select Systematic Risk

Nuveen California's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nuveen California volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Nuveen California Select correlated with the market. If Beta is less than 0 Nuveen California generally moves in the opposite direction as compared to the market. If Nuveen California Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nuveen California Select is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nuveen California is generally in the same direction as the market. If Beta > 1 Nuveen California moves generally in the same direction as, but more than the movement of the benchmark.

About Nuveen California Financials

What exactly are Nuveen California Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Nuveen California's income statement, its balance sheet, and the statement of cash flows. Potential Nuveen California investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Nuveen California investors may use each financial statement separately, they are all related. The changes in Nuveen California's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nuveen California's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in Nuveen California Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nuveen California's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Nuveen California growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.73

At present, Nuveen California's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Nuveen California November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Nuveen California help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nuveen California Select. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nuveen California Select based on widely used predictive technical indicators. In general, we focus on analyzing Nuveen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nuveen California's daily price indicators and compare them against related drivers.

Complementary Tools for Nuveen Stock analysis

When running Nuveen California's price analysis, check to measure Nuveen California's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen California is operating at the current time. Most of Nuveen California's value examination focuses on studying past and present price action to predict the probability of Nuveen California's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuveen California's price. Additionally, you may evaluate how the addition of Nuveen California to your portfolios can decrease your overall portfolio volatility.
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