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Nuveen Core Plus Impact Fund (Nuveen Core Plus Impact Fund) Debt-to-Equity : 0.36 (As of Dec. 2023)


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What is Nuveen Core Plus Impact Fund Debt-to-Equity?

Nuveen Core Plus Impact Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Nuveen Core Plus Impact Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $122.73 Mil. Nuveen Core Plus Impact Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $343.35 Mil. Nuveen Core Plus Impact Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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 Core Plus Impact Fund's Debt-to-Equity or its related term are showing as below:

NPCT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.43   Max: 0.54
Current: 0.36

During the past 3 years, the highest Debt-to-Equity Ratio of Nuveen Core Plus Impact Fund was 0.54. The lowest was 0.36. And the median was 0.43.

NPCT's Debt-to-Equity is ranked worse than
63.45% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs NPCT: 0.36

Nuveen Core Plus Impact Fund Debt-to-Equity Historical Data

The historical data trend for Nuveen Core Plus Impact 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 Core Plus Impact Fund Debt-to-Equity Chart

Nuveen Core Plus Impact Fund Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
0.54 0.43 0.36

Nuveen Core Plus Impact Fund Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Debt-to-Equity 0.67 0.43 0.45 0.36

Competitive Comparison of Nuveen Core Plus Impact Fund's Debt-to-Equity

For the Asset Management subindustry, Nuveen Core Plus Impact 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 Core Plus Impact Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Core Plus Impact Fund's Debt-to-Equity falls into.


Nuveen Core Plus Impact Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuveen Core Plus Impact Fund's Debt to Equity Ratio for the fiscal year 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 + 122.726) / 343.345
=0.36

Nuveen Core Plus Impact 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 + 122.726) / 343.345
=0.36

* 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.

Nuveen Core Plus Impact Fund  (NYSE:NPCT) 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 Core Plus Impact Fund Debt-to-Equity Related Terms

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

Nuveen Core Plus Impact Fund (Nuveen Core Plus Impact Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Core Plus Impact Fund (NYSE:NPCT) » Definitions » Debt-to-Equity
Comparable Companies
AFB BGT ASA CAF NCV RMM NCA RFI TDF ASG BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.nuveen.com
Nuveen Core Plus Impact Fund is an organized, diversified, closed-end management investment company. The Fund's investment objective is to seek total return through high current income and capital appreciation, while giving special consideration to certain impact and environmental, social and governance criteria.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
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
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Nuveen Fund Advisors, Llc other: Investment Advisor 333 W. WACKER DRIVE, CHICAGO IL 60606
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: CCO and Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
William Curt Hunter other: Trustee
Carole E Stone other: Trustee 2169 ROWLEY ROAD, MALTA NY 12020
Kevin J Mccarthy officer: Vice President & Asst. Secr. C/O NUVEEN INVESTMENTS, 333 WEST WACKER DRIVE, CHICAGO IL 60606

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