Debt to Assets Ratio: 41.37%
Is the debt to assets ratio high or low?
The debt to assets ratio of 41.37% is 27% above its 5-year average of 32.54%, near the high end of its 5-year range (0.10%–42.20%).
As of Saturday, June 27, 2026. 0.89% above its 12-month average of 41.01%.
NAD Debt to Assets Ratio
Reported quarterly debt to assets ratio; no daily interpolation.
NAD Average Debt to Assets Ratio Chart
NAD Current vs Average Debt to Assets Ratio Chart
NAD Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
41.37%
DEBT TO ASSETS RATIO AVG TTM
41.01%
DEBT TO ASSETS RATIO AVG 3Y
35.08%
DEBT TO ASSETS RATIO AVG 5Y
32.54%
DEBT TO ASSETS RATIO AVG 10Y
25.30%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.89%
CURRENT VS 3Y AVG
+17.96%
CURRENT VS 5Y AVG
+27.16%
CURRENT VS 10Y AVG
+63.51%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NAD Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Quality Municipal Income Fund (NAD) | $2.81B | 41.37% | 41.01% | 35.08% | 32.54% |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $1.10B | 0.11% | N/A | N/A | N/A |
| Main Street Capital Corporation (MAIN)vs › | $4.75B | 0.43% | N/A | N/A | N/A |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $632.28M | N/A | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $532.47M | 0.39% | N/A | N/A | N/A |
| BlackRock Floating Rate Income Trust (BGT)vs › | $314.35M | 0.16% | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 0.06% | N/A | N/A | N/A |
| Franklin Universal Trust (FT)vs › | $201.81M | 0.22% | N/A | N/A | N/A |
| The New Germany Fund, Inc. (GF)vs › | $186.33M | 0.12% | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $164.54M | 0.01% | N/A | N/A | N/A |
Leverage Ratios Comparison
Debt/Assets
41.4%
Debt/Equity
0.71
Current Ratio
0.30
Interest Coverage
1.9x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt to Assets Ratio Formula & Definition
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
Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The debt to assets ratio for NAD stock is 41.37%.
- Is Nuveen Quality Municipal Income Fund's debt to assets ratio high or low?
- The debt to assets ratio of 41.37% is 27% above its 5-year average of 32.54%, near the high end of its 5-year range (0.10%–42.20%).
- What is the TTM average debt to assets ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The TTM average debt to assets ratio for NAD stock is 41.01%.
- What is the 3Y average debt to assets ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The 3Y average debt to assets ratio for NAD stock is 35.08%.
- What is the 5Y average debt to assets ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The 5Y average debt to assets ratio for NAD stock is 32.54%.
- What is the 10Y average debt to assets ratio for Nuveen Quality Municipal Income Fund (NAD)?
- The 10Y average debt to assets ratio for NAD stock is 25.30%.
NAD Debt to Assets Ratio History
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 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% |
About Nuveen Quality Municipal Income Fund
The Nuveen Quality Municipal Income Fund (NAD) is a U.S.-domiciled, closed-end mutual fund that began operations on January 15, 1999, having previously been known as the Nuveen Dividend Advantage Municipal Fund. Launched by Nuveen Investments, Inc., this fund is jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Its core objective is to invest in undervalued municipal bonds and similar instruments within the American fixed-income market, aiming to generate income that is exempt from federal income taxes. The fund's portfolio predominantly comprises investment-grade securities, targeting an average maturity of roughly 18 years. Management employs a bottom-up, fundamental analysis approach for constructing its holdings. Its performance is measured against benchmarks set by Standard & Poor's (S&P).
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Thomas C. Spalding Jr.