Nuveen Select Maturities Municipal Fund Balance Sheet Health
Financial Health criteria checks 6/6
Nuveen Select Maturities Municipal Fund has a total shareholder equity of $119.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $120.6M and $1.4M respectively. Nuveen Select Maturities Municipal Fund's EBIT is $3.7M making its interest coverage ratio -4220.8. It has cash and short-term investments of $1.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -4220.8x |
| Cash | US$1.42m |
| Equity | US$119.17m |
| Total liabilities | US$1.39m |
| Total assets | US$120.56m |
Recent financial health updates
No updates
Recent updates
Nuveen Select Maturities Municipal Fund declares $0.0245 dividend
Feb 07Nuveen Select Maturities Municipal Fund declares $0.0225 dividend
Dec 06Nuveen Select Maturities Municipal Fund declares $0.0225 dividend
Nov 04Nuveen Select Maturities Municipal Fund declares $0.0225 dividend
Oct 06Nuveen Select Maturities Municipal Fund declares $0.0225 dividend
Sep 02Nuveen Select Maturities Municipal Fund raised monthly dividend by 7.1%
Jul 06Nuveen Select Maturities Municipal Fund declares $0.024 dividend
May 10Nuveen Select Maturities Municipal Fund declares $0.0265 dividend
Jan 05Nuveen Select Maturities Municipal Fund declares $0.0265 dividend
Dec 02Nuveen Select Maturities Municipal Fund declares $0.0265 dividend
Nov 03Financial Position Analysis
Short Term Liabilities: NIM's short term assets ($3.0M) exceed its short term liabilities ($1.4M).
Long Term Liabilities: NIM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NIM is debt free.
Reducing Debt: NIM has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: NIM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NIM has no debt, therefore coverage of interest payments is not a concern.