Nuveen Multi-Marketome Fund (Nuveen Multi-Marketome Fund) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is Nuveen Multi-Marketome Fund Debt-to-Equity?

Nuveen Multi-Marketome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Nuveen Multi-Marketome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24.62 Mil. Nuveen Multi-Marketome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $61.39 Mil. Nuveen Multi-Marketome Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Nuveen Multi-Marketome Fund's Debt-to-Equity or its related term are showing as below:

JMM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.31 Max: 0.44
Current: 0.4

During the past 6 years, the highest Debt-to-Equity Ratio of Nuveen Multi-Marketome Fund was 0.44. The lowest was 0.26. And the median was 0.31.

JMM's Debt-to-Equity is ranked worse than
67.03% of 1016 companies
in the Asset Management industry
Industry Median: 0.19 vs JMM: 0.40

Nuveen Multi-Marketome Fund Debt-to-Equity Historical Data

The historical data trend for Nuveen Multi-Marketome Fund's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nuveen Multi-Marketome Fund Debt-to-Equity Chart

Nuveen Multi-Marketome Fund Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.28

0.35

0.30

0.39

0.42

Nuveen Multi-Marketome Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.31	0.39	0.43	0.42	0.40

Competitive Comparison of Nuveen Multi-Marketome Fund's Debt-to-Equity

For the Asset Management subindustry, Nuveen Multi-Marketome Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nuveen Multi-Marketome Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Multi-Marketome Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nuveen Multi-Marketome Fund's Debt-to-Equity falls into.

Nuveen Multi-Marketome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuveen Multi-Marketome Fund's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	25.261)	/	60.364
	=	0.42

Nuveen Multi-Marketome Fund's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	24.621)	/	61.39
	=	0.40

Nuveen Multi-Marketome Fund (NYSE:JMM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Nuveen Multi-Marketome Fund Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Nuveen Multi-Marketome Fund's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuveen Multi-Marketome Fund (Nuveen Multi-Marketome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Multi-Market Income Fund (NYSE:JMM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 West Wacker Drive, Chicago, IL, USA, 60606

Website

https://www.nuveen.com

Nuveen Multi-Market Income Fund is a United States-based closed-end management investment company. The investment objective of the company is to provide high monthly income consistent with prudent risk to capital. The fund seeks to invest in debt securities, including, but not limited to, U.S. agency and privately issued mortgage-backed securities, corporate debt securities, and asset-backed securities.

Executives

Trey Iii Stenersen	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black	officer: Chief Compliance Officer	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero	director	333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r.	other: Trustee	333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton	other: Trustee	3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan	officer: Vice President	TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner	officer: Vice President	333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham	officer: Vice President	C/O NUVEEN, STE 3400, CHICAGO IL 60606
Huffman William T. Jr.	officer: President of NAM, LLC	C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606
Demark L Winget	officer: Vice President	C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers	officer: Vice President	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry	officer: Vice President	101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102

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