Nuveen Select Tax-Free Income Portfolio Balance Sheet Health
Financial Health criteria checks 4/6
Nuveen Select Tax-Free Income Portfolio has a total shareholder equity of $650.8M and total debt of $3.9M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are $665.3M and $14.5M respectively. Nuveen Select Tax-Free Income Portfolio's EBIT is $27.8M making its interest coverage ratio 8864.1. It has cash and short-term investments of $35.0.
Key information
0.6%
Debt to equity ratio
US$3.86m
Debt
| Interest coverage ratio | 8864.1x |
| Cash | US$35.00 |
| Equity | US$650.78m |
| Total liabilities | US$14.47m |
| Total assets | US$665.26m |
Recent financial health updates
No updates
Recent updates
Nuveen Select Tax-Free Income Portfolio declares $0.0485 dividend
Feb 07Nuveen Select Tax-Free Income Portfolio declares $0.0455 dividend
Dec 06Nuveen Select Tax-Free Income Portfolio declares $0.0455 dividend
Nov 04Nuveen Select Tax-Free Income Portfolio declares $0.0455 dividend
Oct 06Nuveen Select Tax-Free Income Portfolio declares $0.0455 dividend
Sep 02Nuveen Select Tax-Free Income Portfolio declares $0.0455 dividend
Aug 08Nuveen Select Tax-Free Income Portfolio declares $0.0455 dividend
Jul 06Nuveen Select Tax-Free Income Portfolio NXP: A Post-Merger Update
Jun 24NXP Finally Swallows Up Its Sister Tax-Free CEFs
Dec 13Nuveen Merging Their 3 Select-Tax-Free CEFs If Holders Approve
Aug 24Nuveen Select Tax-Free Income Portfolio declares $0.0455 dividend
May 10Nuveen Select Tax-Free Income Portfolio declares $0.0455 dividend
Jan 05NXP: Nuveen Select Tax-Free Income Portfolio Provides Leverage-Free Municipal Bond Exposure
Dec 31Nuveen Select Tax-Free Income Portfolio declares $0.0455 dividend
Dec 02Nuveen Select Tax-Free Income Portfolio declares $0.0455 dividend
Nov 03Financial Position Analysis
Short Term Liabilities: NXP's short term assets ($17.8M) exceed its short term liabilities ($10.6M).
Long Term Liabilities: NXP's short term assets ($17.8M) exceed its long term liabilities ($3.9M).
Debt to Equity History and Analysis
Debt Level: NXP's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: NXP's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: Insufficient data to determine if NXP's debt is well covered by operating cash flow.
Interest Coverage: NXP's interest payments on its debt are well covered by EBIT (8864.1x coverage).