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Nuveen Intermediate Duration Municipal Term Fund Balance Sheet Health
Financial Health criteria checks 3/6
Key information
32.4%
Debt to equity ratio
US$202.61m
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$7.22m |
| Equity | US$624.80m |
| Total liabilities | US$207.27m |
| Total assets | US$832.06m |
Recent financial health updates
No updates
Recent updates
Nuveen Intermediate Duration Municipal Term Fund declares $0.043 dividend
Feb 07Nuveen Intermediate Duration Municipal Term Fund declares $0.043 dividend
Jan 11Nuveen Intermediate Duration Municipal Term Fund declares $0.043 dividend
Nov 04Nuveen Intermediate Duration Municipal Term Fund declares $0.043 dividend
Oct 06Nuveen Intermediate Duration Municipal Term Fund declares $0.0465 dividend
Sep 02Nuveen Intermediate Duration Municipal Term Fund declares $0.0465 dividend
Jul 06Nuveen Intermediate Duration Municipal Term Fund declares $0.044 dividend
Jan 05Nuveen Intermediate Duration Municipal Term Fund declares $0.044 dividend
Dec 02Nuveen Intermediate Duration Municipal Term Fund declares $0.044 dividend
Nov 03Financial Position Analysis
Short Term Liabilities: NID's short term assets ($19.5M) exceed its short term liabilities ($12.2M).
Long Term Liabilities: NID's short term assets ($19.5M) do not cover its long term liabilities ($195.0M).
Debt to Equity History and Analysis
Debt Level: NID's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: NID's debt to equity ratio has increased from 30.2% to 32.4% over the past 5 years.
Debt Coverage: NID's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: NID's interest payments on its debt are well covered by EBIT (7.5x coverage).