Ratios	Oct 25	Oct 24	Oct 23	Oct 22
Liquidity Ratios
Current Ratio	―	1.87	1.64	0.79	13.80
Quick Ratio	―	1.87	1.64	0.79	13.80
Cash Ratio	―	0.25	0.00	0.03	10.19
Solvency Ratio	―	0.05	0.42	0.05	-1.01
Operating Cash Flow Ratio	―	13.88	0.66	<0.01	51.99
Short-Term Operating Cash Flow Coverage	―	0.00	0.00	0.00	0.00
Net Current Asset Value	$ ―	$ -252.23M	$ -259.39M	$ -248.69M	$ -179.76M
Leverage Ratios
Debt-to-Assets Ratio	―	0.00	<0.01	0.00	0.00
Debt-to-Equity Ratio	―	0.00	<0.01	0.00	0.00
Debt-to-Capital Ratio	―	0.00	<0.01	0.00	0.00
Long-Term Debt-to-Capital Ratio	―	0.00	<0.01	0.00	0.00
Financial Leverage Ratio	―	1.45	1.44	1.48	1.41
Debt Service Coverage Ratio	―	1.51	10.97	4.04	-86.18
Interest Coverage Ratio	―	1.51	10.97	1.51	-43.61
Debt to Market Cap	―	0.00	<0.01	0.00	0.00
Interest Debt Per Share	―	0.00	0.25	0.17	0.10
Net Debt to EBITDA	―	-0.27	0.03	-0.02	0.11
Profitability Margins
Gross Profit Margin	―	61.02%	100.00%	60.87%	100.00%
EBIT Margin	―	58.80%	99.19%	157.26%	198.12%
EBITDA Margin	―	58.80%	99.19%	157.92%	198.03%
Operating Profit Margin	―	58.80%	99.19%	59.06%	100.21%
Pretax Profit Margin	―	58.80%	99.19%	59.06%	100.21%
Net Profit Margin	―	58.80%	99.19%	59.06%	100.21%
Continuous Operations Profit Margin	―	58.80%	99.19%	59.06%	100.21%
Net Income Per EBT	―	100.00%	100.00%	100.00%	100.00%
EBT Per EBIT	―	100.00%	100.00%	100.00%	100.00%
Return on Assets (ROA)	―	1.62%	12.78%	1.74%	-29.64%
Return on Equity (ROE)	―	2.35%	18.38%	2.57%	-41.90%
Return on Capital Employed (ROCE)	―	1.65%	13.03%	1.82%	-29.82%
Return on Invested Capital (ROIC)	―	1.65%	13.03%	1.82%	-29.86%
Return on Tangible Assets	―	1.62%	12.78%	1.74%	-29.64%
Earnings Yield	―	0.00%	19.61%	2.85%	-46.02%
Efficiency Ratios
Receivables Turnover	―	0.96	4.01	0.91	-13.15
Payables Turnover	―	0.61	0.00	0.27	0.00
Inventory Turnover	―	0.00	0.00	0.00	0.00
Fixed Asset Turnover	―	0.00	0.00	0.00	0.00
Asset Turnover	―	0.03	0.13	0.03	-0.30
Working Capital Turnover Ratio	―	1.93	57.51	0.83	-8.20
Cash Conversion Cycle	―	-220.65	91.01	-942.05	-27.75
Days of Sales Outstanding	―	380.15	91.01	400.90	-27.75
Days of Inventory Outstanding	―	0.00	0.00	0.00	0.00
Days of Payables Outstanding	―	600.80	0.00	1.34K	0.00
Operating Cycle	―	380.15	91.01	400.90	-27.75
Cash Flow Ratios
Operating Cash Flow Per Share	―	0.00	0.21	<0.01	4.74
Free Cash Flow Per Share	―	0.00	0.21	<0.01	4.74
CapEx Per Share	―	0.00	0.00	0.00	0.00
Free Cash Flow to Operating Cash Flow	―	1.00	1.00	1.00	1.00
Dividend Paid and CapEx Coverage Ratio	―	1.11	0.28	<0.01	5.30
Capital Expenditure Coverage Ratio	―	0.00	0.00	0.00	0.00
Operating Cash Flow Coverage Ratio	―	0.00	3.64	0.00	0.00
Operating Cash Flow to Sales Ratio	―	8.91	0.10	<0.01	-1.10
Free Cash Flow Yield	―	0.00%	1.98%	0.04%	50.31%
Valuation Ratios
Price-to-Earnings (P/E) Ratio	―	0.00	5.10	35.08	-2.17
Price-to-Sales (P/S) Ratio	―	0.00	5.06	20.72	-2.18
Price-to-Book (P/B) Ratio	―	0.00	0.94	0.90	0.91
Price-to-Free Cash Flow (P/FCF) Ratio	―	0.00	50.55	2.60K	1.99
Price-to-Operating Cash Flow Ratio	―	0.00	50.55	2.60K	1.99
Price-to-Earnings Growth (PEG) Ratio	―	0.00	<0.01	-0.33	<0.01
Price-to-Fair Value	―	0.00	0.94	0.90	0.91
Enterprise Value Multiple	―	-0.27	5.13	13.09	-0.99
Enterprise Value	―	-4.07M	622.69M	525.91M	504.79M
EV to EBITDA	―	-0.27	5.13	13.09	-0.99
EV to Sales	―	-0.16	5.09	20.68	-1.96
EV to Free Cash Flow	―	-0.02	50.82	2.60K	1.79
EV to Operating Cash Flow	―	-0.02	50.82	2.60K	1.79
Tangible Book Value Per Share	―	0.00	11.43	10.10	10.36
Shareholders’ Equity Per Share	―	0.00	11.43	10.10	10.36
Tax and Other Ratios
Effective Tax Rate	―	0.00	0.00	0.00	0.00
Revenue Per Share	―	0.00	2.12	0.44	-4.33
Net Income Per Share	―	0.00	2.10	0.26	-4.34
Tax Burden	―	1.00	1.00	1.00	1.00
Interest Burden	―	1.00	1.00	0.38	0.51
Research & Development to Revenue	―	0.00	0.00	0.00	0.00
SG&A to Revenue	―	0.02	<0.01	0.02	>-0.01
Stock-Based Compensation to Revenue	―	0.00	0.00	0.00	0.00
Income Quality	―	3.94	0.10	0.01	-1.09

Nuveen Dynamic Municipal Opportunities Fund (NDMO) Ratios

Nuveen Dynamic Municipal Opportunities Fund Ratios