Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 41.53% is 26% above its 5-year average of 32.97%, near the high end of its 5-year range (0.10%–42.20%).
As of the fiscal period ended Thursday, April 30, 2026. 0.36% above its 12-month average of 41.38%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
41.53%
DEBT TO ASSETS RATIO AVG TTM
41.38%
DEBT TO ASSETS RATIO AVG 3Y
40.85%
DEBT TO ASSETS RATIO AVG 5Y
32.97%
DEBT TO ASSETS RATIO AVG 10Y
25.75%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.36%
CURRENT VS 3Y AVG
+1.66%
CURRENT VS 5Y AVG
+25.95%
CURRENT VS 10Y AVG
+61.31%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.12%
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
+34510.08%
vs the sector median at left
Nuveen Quality Municipal Income Fund
Market Cap
$2.74B
Debt to Assets Ratio
41.53%
TTM Avg
41.38%
3Y Avg
40.85%
5Y Avg
32.97%
Market Cap
$743.56M
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$701.87M
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$650.98M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$329.93M
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$299.83M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$197.54M
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Quality Municipal Income Fund (NAD) | $2.74B | 41.53% | 41.38% | 40.85% | 32.97% |
| Lufax Holding Ltd (LU)vs › | $1.36B | 0.35% | N/A | N/A | N/A |
| Washington Trust Bancorp, Inc. (WASH)vs › | $743.56M | 0.08% | N/A | N/A | N/A |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $701.87M | 0.29% | N/A | N/A | N/A |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $650.98M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 0.24% | N/A | N/A | N/A |
| BlackRock Floating Rate Income Trust (BGT)vs › | $329.93M | 0.16% | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $299.83M | 0.07% | N/A | N/A | N/A |
| Franklin Universal Trust (FT)vs › | $197.54M | 0.21% | N/A | N/A | N/A |
| The New Germany Fund, Inc. (GF)vs › | $188.14M | 0.12% | N/A | N/A | N/A |
Debt/Assets
41.5%
Debt/Equity
0.72
Current Ratio
3.24
Interest Coverage
1.9x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-04-30 | 41.53% |
| 2025-10-31 | 41.37% |
| 2025-04-30 | 41.24% |
| 2024-10-31 | 40.41% |
| 2024-04-30 | 39.98% |
| 2023-10-31 | 42.20% |
| 2023-04-30 | 39.23% |
| 2022-10-31 | 1.09% |
| 2022-04-30 | 39.71% |
| 2021-10-31 | 0.10% |
| 2021-04-30 | 35.84% |
| 2020-10-31 | 36.74% |
| 2020-04-30 | 0.00% |
| 2019-10-31 | 0.05% |
| 2019-04-30 | 1.73% |
| 2018-10-31 | 1.82% |
| 2018-04-30 | 0.04% |
| 2017-10-31 | 35.17% |
| 2017-04-30 | 36.26% |
| 2016-10-31 | 35.17% |
| 2016-04-30 | 30.96% |
| 2015-10-31 | 32.23% |
| 2015-04-30 | 32.54% |
| 2014-10-31 | 32.57% |
| 2014-04-30 | 34.01% |
| 2013-10-31 | 34.73% |
| 2013-04-30 | 32.26% |
| 2012-10-31 | 0.00% |
