Nuveen Arizona Quality Fund Cash And Equivalents

NAZ Fund  USD 12.19  0.10  0.81%   
Nuveen Arizona Quality fundamentals help investors to digest information that contributes to Nuveen Arizona's financial success or failures. It also enables traders to predict the movement of Nuveen Fund. The fundamental analysis module provides a way to measure Nuveen Arizona's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nuveen Arizona fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nuveen Arizona Quality Fund Cash And Equivalents Analysis

Nuveen Arizona's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Nuveen Arizona Cash And Equivalents

    
  544.35 K  
Most of Nuveen Arizona's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nuveen Arizona Quality is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, Nuveen Arizona Quality has 544.35 K in Cash And Equivalents. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The cash and equivalents for all United States funds is notably lower than that of the firm.

Nuveen Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Arizona's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Nuveen Arizona could also be used in its relative valuation, which is a method of valuing Nuveen Arizona by comparing valuation metrics of similar companies.
Nuveen Arizona is currently under evaluation in cash and equivalents among similar funds.

Nuveen Fundamentals

About Nuveen Arizona Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Arizona Quality's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Arizona using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Arizona Quality based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Nuveen Fund

Nuveen Arizona financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Arizona security.
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