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Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Nuveen Dynamic Municipal Opportunities's Net Cash per Share for the quarter that ended in Oct. 2023 was $-4.64.
The historical rank and industry rank for Nuveen Dynamic Municipal Opportunities's Net Cash per Share or its related term are showing as below:
The historical data trend for Nuveen Dynamic Municipal Opportunities's Net Cash per Share 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.
Nuveen Dynamic Municipal Opportunities Annual Data | |||||||||
Trend | Oct20 | Oct21 | Oct22 | Oct23 | |||||
Net Cash per Share | -1.46 | -8.10 | -3.35 | -4.64 |
Nuveen Dynamic Municipal Opportunities Semi-Annual Data | ||||||||
Oct20 | Apr21 | Oct21 | Apr22 | Oct22 | Apr23 | Oct23 | ||
Net Cash per Share | Get a 7-Day Free Trial | -8.10 | -7.20 | -3.35 | -4.06 | -4.64 |
For the Asset Management subindustry, Nuveen Dynamic Municipal Opportunities's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
For the Asset Management industry and Financial Services sector, Nuveen Dynamic Municipal Opportunities's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Nuveen Dynamic Municipal Opportunities's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Nuveen Dynamic Municipal Opportunities's Net Cash per Share for the fiscal year that ended in Oct. 2023 is calculated as
Net Cash per Share (A: Oct. 2023 ) | |||||||||
= | (Balance Sheet Cash And Cash Equivalents | + | Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (0.981 | + | 0 | - | 277.607 | - | 0) | / | 59.5622 |
= | -4.64 |
Nuveen Dynamic Municipal Opportunities's Net Cash per Share for the quarter that ended in Oct. 2023 is calculated as
Net Cash per Share (Q: Oct. 2023 ) | = | (Balance Sheet Cash And Cash Equivalents | + | Marketable Securities | - | Total Liabilities | - | Minority Interest) | / | Shares Outstanding (EOP) |
= | (0.981 | + | 0 | - | 277.607 | - | 0) | / | 59.5622 |
= | -4.64 |
* 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 Dynamic Municipal Opportunities (NYSE:NDMO) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Thank you for viewing the detailed overview of Nuveen Dynamic Municipal Opportunities's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Trey Iii Stenersen | officer: Vice President | 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606 |
Toronto Dominion Investments, Inc. | 10 percent owner | 909 FANIN, SUITE 1950, HOUSTON TX 77010 |
Toronto Dominion Holdings Usa Inc | 10 percent owner | 40 WALL STREET, NEW YORK NY 10003 |
Dominion Bank Toronto | 10 percent owner | 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2 |
Td Group Us Holdings Llc | 10 percent owner | 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808 |
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 | other: Trustee | 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 |
Michael S. Hamilton | other: Portfolio Manager | C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606 |
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Judith M Stockdale | other: Trustee | 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606 |
Paul L Brennan | other: Portfolio Manager | 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606 |
Gifford R Zimmerman | officer: Vice President & Secretary | 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606 |
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