Nuveen New York Municipal Value Fund Balance Sheet Health
Financial Health criteria checks 6/6
Nuveen New York Municipal Value Fund has a total shareholder equity of $167.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $168.1M and $613.4K respectively. Nuveen New York Municipal Value Fund's EBIT is $6.2M making its interest coverage ratio 1056.5. It has cash and short-term investments of $986.1K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 1056.5x |
| Cash | US$986.14k |
| Equity | US$167.46m |
| Total liabilities | US$613.37k |
| Total assets | US$168.08m |
Recent financial health updates
No updates
Recent updates
Nuveen New York Municipal Value Fund declares $0.026 dividend
Feb 07Nuveen New York Municipal Value Fund declares $0.026 dividend
Dec 06Nuveen New York Municipal Value Fund raises dividend by 6.1%
Oct 06Nuveen New York Municipal Value Fund raises dividend 6.5% to $0.0245/share
Jul 06Nuveen New York Municipal Value Fund declares $0.0255 dividend
May 10Nuveen New York Municipal Value Fund declares $0.0255 dividend
Jan 05Nuveen New York Municipal Value Fund declares $0.0255 dividend
Dec 02Financial Position Analysis
Short Term Liabilities: NNY's short term assets ($3.0M) exceed its short term liabilities ($613.4K).
Long Term Liabilities: NNY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NNY is debt free.
Reducing Debt: NNY has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: NNY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NNY has no debt, therefore coverage of interest payments is not a concern.