Nuveen Arizona Quality Fund Current Ratio
NAZ Fund | USD 12.34 0.01 0.08% |
Nuveen Arizona Quality fundamentals help investors to digest information that contributes to Nuveen Arizona's financial success or failures. It also enables traders to predict the movement of Nuveen Fund. The fundamental analysis module provides a way to measure Nuveen Arizona's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nuveen Arizona fund.
Nuveen |
Nuveen Arizona Quality Fund Current Ratio Analysis
Nuveen Arizona's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Nuveen Arizona Current Ratio | 0.38 X |
Most of Nuveen Arizona's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nuveen Arizona Quality is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
In accordance with the recently published financial statements, Nuveen Arizona Quality has a Current Ratio of 0.38 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The current ratio for all United States funds is notably lower than that of the firm.
Nuveen Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen Arizona's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Nuveen Arizona could also be used in its relative valuation, which is a method of valuing Nuveen Arizona by comparing valuation metrics of similar companies.Nuveen Arizona is currently under evaluation in current ratio among similar funds.
Nuveen Fundamentals
Return On Equity | -14.88 | ||||
Return On Asset | 1.83 | ||||
Profit Margin | (256.23) % | ||||
Operating Margin | 81.35 % | ||||
Current Valuation | 234.2 M | ||||
Shares Outstanding | 11.59 M | ||||
Shares Owned By Institutions | 10.66 % | ||||
Number Of Shares Shorted | 18.78 K | ||||
Price To Earning | 398.00 X | ||||
Price To Book | 0.94 X | ||||
Price To Sales | 14.61 X | ||||
Revenue | 9.47 M | ||||
Gross Profit | 9.71 M | ||||
Net Income | (24.28 M) | ||||
Cash And Equivalents | 544.35 K | ||||
Cash Per Share | 0.05 X | ||||
Total Debt | 95.79 M | ||||
Debt To Equity | 0.65 % | ||||
Current Ratio | 0.38 X | ||||
Book Value Per Share | 12.73 X | ||||
Cash Flow From Operations | 5.78 M | ||||
Short Ratio | 1.35 X | ||||
Earnings Per Share | 0.03 X | ||||
Number Of Employees | 23 | ||||
Beta | 0.33 | ||||
Market Capitalization | 146.72 M | ||||
Total Asset | 85.94 M | ||||
Retained Earnings | (4.45 M) | ||||
Annual Yield | 0 % | ||||
Year To Date Return | 3.50 % | ||||
One Year Return | 7.75 % | ||||
Three Year Return | (2.10) % | ||||
Five Year Return | 0.62 % | ||||
Last Dividend Paid | 0.49 |
About Nuveen Arizona Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen Arizona Quality's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen Arizona using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen Arizona Quality based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nuveen Fund
Nuveen Arizona financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Arizona security.
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