Nuveen Municipal Value Fund Balance Sheet Health
Financial Health criteria checks 5/6
Nuveen Municipal Value Fund has a total shareholder equity of $1.8B and total debt of $21.5M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are $1.8B and $28.6M respectively. Nuveen Municipal Value Fund's EBIT is $72.8M making its interest coverage ratio 92. It has cash and short-term investments of $12.2M.
Key information
1.2%
Debt to equity ratio
US$21.48m
Debt
| Interest coverage ratio | 92x |
| Cash | US$12.25m |
| Equity | US$1.80b |
| Total liabilities | US$28.63m |
| Total assets | US$1.83b |
Recent financial health updates
No updates
Recent updates
NUV: Investment-Grade Municipal Exposure With Little Leverage
Nov 17Nuveen Municipal Value Fund declares $0.028 dividend
Feb 07Nuveen Municipal Value Fund declares $0.028 dividend
Jan 11Nuveen Municipal Value Fund declares $0.028 dividend
Dec 06Nuveen Municipal Value Fund declares $0.028 dividend
Nov 04Nuveen Municipal Value Fund declares $0.028 dividend
Oct 06Nuveen Municipal Value Fund declares $0.028 dividend
Sep 02Nuveen Municipal Value Fund declares $0.028 dividend
Jul 06Nuveen Municipal Value Fund declares $0.031 dividend
May 10Nuveen Municipal Value Fund declares $0.031 dividend
Dec 02Nuveen Municipal Value Fund declares $0.031 dividend
Nov 03Financial Position Analysis
Short Term Liabilities: NUV's short term assets ($37.4M) exceed its short term liabilities ($28.6M).
Long Term Liabilities: NUV's short term assets ($37.4M) exceed its long term liabilities ($30.8K).
Debt to Equity History and Analysis
Debt Level: NUV's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: NUV's debt to equity ratio has reduced from 2.4% to 1.2% over the past 5 years.
Debt Coverage: Insufficient data to determine if NUV's debt is well covered by operating cash flow.
Interest Coverage: NUV's interest payments on its debt are well covered by EBIT (92x coverage).