Nuveen Municipal Credit Fund Cash And Equivalents
NZF Fund | USD 12.95 0.20 1.57% |
Nuveen Municipal Credit fundamentals help investors to digest information that contributes to Nuveen Municipal'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 Municipal'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 Municipal fund.
Nuveen |
Nuveen Municipal Credit Fund Cash And Equivalents Analysis
Nuveen Municipal'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.
Current Nuveen Municipal Cash And Equivalents | 6.15 M |
Most of Nuveen Municipal'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 Municipal Credit 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 Municipal Credit has 6.15 M 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 Municipal'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 Municipal could also be used in its relative valuation, which is a method of valuing Nuveen Municipal by comparing valuation metrics of similar companies.Nuveen Municipal is currently under evaluation in cash and equivalents among similar funds.
Nuveen Fundamentals
Return On Equity | -11.9 | |||
Return On Asset | 2.07 | |||
Profit Margin | (180.36) % | |||
Operating Margin | 82.37 % | |||
Current Valuation | 2.9 B | |||
Shares Outstanding | 142.13 M | |||
Shares Owned By Institutions | 16.20 % | |||
Number Of Shares Shorted | 33.61 K | |||
Price To Earning | 148.89 X | |||
Price To Book | 0.76 X | |||
Price To Sales | 11.67 X | |||
Revenue | 146.82 M | |||
Gross Profit | 150.13 M | |||
Net Income | (264.8 M) | |||
Cash And Equivalents | 6.15 M | |||
Cash Per Share | 0.04 X | |||
Total Debt | 1.38 B | |||
Debt To Equity | 0.68 % | |||
Current Ratio | 1.24 X | |||
Book Value Per Share | 15.96 X | |||
Cash Flow From Operations | 124.35 M | |||
Short Ratio | 0.06 X | |||
Earnings Per Share | 0.08 X | |||
Number Of Employees | 22 | |||
Beta | 0.47 | |||
Market Capitalization | 1.89 B | |||
Total Asset | 800.42 M | |||
Retained Earnings | (85.75 M) | |||
Annual Yield | 0.01 % | |||
Year To Date Return | 3.13 % | |||
One Year Return | 9.69 % | |||
Three Year Return | (2.90) % | |||
Five Year Return | 0.77 % | |||
Last Dividend Paid | 0.61 |
About Nuveen Municipal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Municipal Credit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Municipal Credit 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.
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Other Information on Investing in Nuveen Fund
Nuveen Municipal 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 Municipal security.
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