Nuveen California Select Tax Free Income Closed Fund (NXC) — Financial Flexibility Index

Latest as of February 2009: -3.14x

Nuveen California Select Tax Free Income Closed Fund (NXC) has a Financial Flexibility Index of -3.14x as of February 2009. Free cash flow of $-1.20 Million (operating CF $-1.20 Million minus capex $0.00) represents -3% of total liabilities ($382.55K). Check NXC total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-3.14x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-1.20 Million
Operating CF − Capex

Total Liabilities

$382.55K
USD

Capital Expenditures

$0.00
USD

Nuveen California Select Tax Free Income Closed Fund Financial Flexibility Index (2007–2009)

Historical Financial Flexibility Index trend for Nuveen California Select Tax Free Income Closed Fund across 3 annual periods. For the full cash flow conversion analysis, see NXC cash flow conversion.

Annual Financial Flexibility Index for Nuveen California Select Tax Free Income Closed Fund (2007–2009)

Year-by-year free cash flow to debt coverage for Nuveen California Select Tax Free Income Closed Fund. Explore NXC cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2009 -3.14x $-1.20 Million $-1.20 Million $382.55K ▼ -9558.5%
2008 0.03x $68.87K $68.87K $2.08 Million ▼ -99.3%
2007 4.71x $5.14 Million $5.14 Million $1.09 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities