Nuveen California Select Tax Free Income Closed Fund (NXC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nuveen California Select Tax Free Income Closed Fund (NXC) has a cash flow conversion efficiency ratio of -0.014x as of February 2009. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-1.20 Million) by net assets ($82.95 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NXC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Nuveen California Select Tax Free Income Closed Fund - Cash Flow Conversion Efficiency Trend (2007–2009)
This chart illustrates how Nuveen California Select Tax Free Income Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Nuveen California Select Tax Free Income Closed Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nuveen California Select Tax Free Income Closed Fund ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Thanh Cong Textile Garment Investment Trading JSC
VN:TCM
|
-0.029x |
|
ImmuCell Corporation
NASDAQ:ICCC
|
0.123x |
|
Dongkuk Industries Co. Ltd
KQ:005160
|
0.085x |
|
IDREAMSKY TE+H. DL-0001
F:08IA
|
N/A |
|
Elevate Uranium Ltd
AU:EL8
|
-0.119x |
|
XAC Automation
TWO:5490
|
0.082x |
|
Real Estate & E-Commerce Split Corp
TO:RS
|
N/A |
|
Igis Residence Reit Co Ltd
KO:350520
|
N/A |
Annual Cash Flow Conversion Efficiency for Nuveen California Select Tax Free Income Closed Fund (2007–2009)
The table below shows the annual cash flow conversion efficiency of Nuveen California Select Tax Free Income Closed Fund from 2007 to 2009. For the full company profile with market capitalisation and key ratios, see NXC market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2009-02-28 | $82.95 Million | $-1.20 Million | -0.014x | -1952.43% |
| 2008-02-29 | $88.22 Million | $68.87K | 0.001x | -98.60% |
| 2007-02-28 | $92.18 Million | $5.14 Million | 0.056x | -- |
About Nuveen California Select Tax Free Income Closed Fund
Nuveen California Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California. The fund invests in the securities of companies that operate across diversified sectors. It primarily invests in municipal bonds. … Read more