Nuveen Municipal Income Fund, Inc.

NYSE:NMI Stock Report

Market Cap: US$97.0m

Nuveen Municipal Income Fund Balance Sheet Health

Financial Health criteria checks 6/6

Nuveen Municipal Income Fund has a total shareholder equity of $101.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $104.1M and $2.6M respectively. Nuveen Municipal Income Fund's EBIT is $4.3M making its interest coverage ratio 1675.5. It has cash and short-term investments of $27.9K.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio1675.5x
CashUS$27.94k
EquityUS$101.56m
Total liabilitiesUS$2.56m
Total assetsUS$104.12m

Recent financial health updates

No updates

Recent updates

Nuveen Municipal Income Fund declares $0.03 dividend

Feb 07

Nuveen Municipal Income Fund declares $0.03 dividend

Dec 06

Nuveen Municipal Income Fund declares $0.03 dividend

Nov 04

Nuveen Municipal Income Fund declares $0.0275 dividend

Sep 02

Nuveen Municipal Income Fund raises monthly dividend by 7.8%

Jul 06

Financial Position Analysis

Short Term Liabilities: NMI's short term assets ($3.6M) exceed its short term liabilities ($2.6M).

Long Term Liabilities: NMI has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NMI is debt free.

Reducing Debt: NMI had no debt 5 years ago.

Debt Coverage: NMI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NMI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/22 06:09
End of Day Share Price 2025/05/22 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Nuveen Municipal Income Fund, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.