Nuveen California Select Tax Free Income Closed Fund (NXC) — Working Capital to Net Assets Ratio
Nuveen California Select Tax Free Income Closed Fund (NXC) has a Working Capital to Net Assets ratio of 1.9% as of August 2025. Working capital of $1.61 Million (current assets of $1.90 Million minus current liabilities of $282.24K) is measured against net assets of $83.71 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nuveen California Select Tax Free Income (NXC) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nuveen California Select Tax Free Income Closed Fund Working Capital to Net Assets (2013–2025)
This chart shows how Nuveen California Select Tax Free Income Closed Fund's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of August 2025, the ratio stands at 1.9%, reflecting working capital of $1.61 Million against net assets of $83.71 Million USD. See how many days can Nuveen California Select Tax Free Income fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Nuveen California Select Tax Free Income Closed Fund (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nuveen California Select Tax Free Income Closed Fund from 2013 to 2025, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see NXC stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 1.0% | $878.52K | $88.42 Million | $1.16 Million | $280.64K | ▲ +0.3 pp |
| 2024 | 0.7% | $652.72K | $88.97 Million | $931.56K | $278.84K | ▼ -1.1 pp |
| 2023 | 1.8% | $1.60 Million | $87.32 Million | $1.87 Million | $267.47K | ▼ -0.1 pp |
| 2022 | 1.9% | $1.84 Million | $96.35 Million | $2.82 Million | $979.06K | ▲ +0.6 pp |
| 2021 | 1.3% | $1.31 Million | $100.60 Million | $2.14 Million | $829.61K | ▼ -0.3 pp |
| 2020 | 1.6% | $1.54 Million | $98.01 Million | $1.80 Million | $266.35K | ▲ +0.4 pp |
| 2019 | 1.2% | $1.13 Million | $96.57 Million | $1.47 Million | $344.22K | ▼ -5.9 pp |
| 2018 | 7.0% | $6.71 Million | $95.36 Million | $6.98 Million | $268.98K | ▲ +4.6 pp |
| 2017 | 2.4% | $2.30 Million | $94.31 Million | $2.68 Million | $381.63K | ▲ +1.1 pp |
| 2016 | 1.3% | $1.29 Million | $98.49 Million | $1.69 Million | $395.33K | ▲ +2.9 pp |
| 2015 | -1.6% | $-1.56 Million | $97.42 Million | $2.28 Million | $3.85 Million | ▼ -4.4 pp |
| 2014 | 2.8% | $2.56 Million | $93.01 Million | $2.97 Million | $414.15K | ▲ +3.8 pp |
| 2013 | -1.1% | $-1.07 Million | $98.59 Million | $2.04 Million | $3.11 Million | — |