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. See NXP net asset quality index to measure how much of total assets are equity-financed.
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. Check Nuveen Select Tax-Free Income Portfolio earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Neto Malinda
TA:NTML
|
-0.090x |
|
Hite Jinro
KO:000080
|
-0.015x |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
0.041x |
|
Solarvest Holdings Bhd
KLSE:0215
|
-0.079x |
|
Ability Enterprise Co Ltd
TW:2374
|
0.031x |
|
Ferrari Group PLC
AS:FERGR
|
0.069x |
|
Southern Missouri Bancorp Inc
NASDAQ:SMBC
|
0.051x |
|
Harvia Oyj
HE:HARVIA
|
0.123x |
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 market value of Nuveen Select Tax-Free Income Portfolio.
| 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