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 net asset quality index to measure how much of total assets are equity-financed.
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. Check Nuveen California Select Tax Free Income tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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 market value of Nuveen California Select Tax Free Income.
| 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 | — |