Nuveen Select Tax-Free Income Portfolio (NXP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nuveen Select Tax-Free Income Portfolio (NXP) has a cash flow conversion efficiency ratio of -0.008x as of March 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 ($-1.67 Million) by net assets ($222.11 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nuveen Select Tax-Free Income Portfolio - Cash Flow Conversion Efficiency Trend (2007–2009)
This chart illustrates how Nuveen Select Tax-Free Income Portfolio's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Nuveen Select Tax-Free Income Portfolio total liabilities for a breakdown of total debt and financial obligations.
Nuveen Select Tax-Free Income Portfolio Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nuveen Select Tax-Free Income Portfolio ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jiangsu Alcha Aluminium Co Ltd
SHE:002160
|
-0.028x |
|
Xinjiang Machinery Research Inst
SHE:300159
|
-0.061x |
|
Chongqing Shunbo Aluminum Co Ltd
SHE:002996
|
-0.026x |
|
Jilin Yatai Group Co Ltd
SHG:600881
|
0.038x |
|
Changzhou Galaxy Century Microelectronics Co Ltd
SHG:688689
|
0.006x |
|
GH RESEARCH PLC DL-025
F:1KA
|
N/A |
|
Wuhan Sanzhen Industry Holding Co Ltd
SHG:600168
|
-0.051x |
|
Magic Software Enterprises Ltd
TA:MGIC
|
0.064x |
Annual Cash Flow Conversion Efficiency for Nuveen Select Tax-Free Income Portfolio (2007–2009)
The table below shows the annual cash flow conversion efficiency of Nuveen Select Tax-Free Income Portfolio from 2007 to 2009. For the full company profile with market capitalisation and key ratios, see Nuveen Select Tax-Free Income Portfolio (NXP) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2009-03-31 | $222.11 Million | $-1.67 Million | -0.008x | -139.59% |
| 2008-03-31 | $234.49 Million | $4.45 Million | 0.019x | -64.29% |
| 2007-03-31 | $241.07 Million | $12.81 Million | 0.053x | -- |
About Nuveen Select Tax-Free Income Portfolio
Nuveen 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 United States. The fund invests in the investment-grade municipal securities rated Baa and BBB or better. It benchmarks the performance of its portfolio … Read more