Nebraska Tax Free Income Fund Current Ratio
Nebraska Tax Free Income fundamentals help investors to digest information that contributes to Nebraska Tax's financial success or failures. It also enables traders to predict the movement of Nebraska Mutual Fund. The fundamental analysis module provides a way to measure Nebraska Tax's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nebraska Tax mutual fund.
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Nebraska Tax Free Income Mutual Fund Current Ratio Analysis
Nebraska Tax's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, Nebraska Tax Free Income has a Current Ratio of 0.0 times. This indicator is about the same for the Weitz average (which is currently at 0.0) family and about the same as Muni Single State Short (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Fund Asset Allocation for Nebraska Tax
The fund consists of 93.01% investments in fixed income securities, with the rest of funds allocated in cash.Asset allocation divides Nebraska Tax's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Nebraska Fundamentals
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 2.10 % | ||||
| One Year Return | 3.31 % | ||||
| Three Year Return | 0.32 % | ||||
| Five Year Return | 0.97 % | ||||
| Ten Year Return | 1.95 % | ||||
| Net Asset | 28.72 M | ||||
| Minimum Initial Investment | 2.5 K | ||||
| Last Dividend Paid | 0.03 | ||||
| Cash Position Weight | 6.99 % | ||||
| Bond Positions Weight | 93.01 % |
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Nebraska Tax financial ratios help investors to determine whether Nebraska Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nebraska with respect to the benefits of owning Nebraska Tax security.
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