The complete absence of reported operating cash flow data prevents a definitive assessment of liquidity, despite the fund maintaining a current ratio of 5.01 as of 2024Q4.
| Cash from Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | 9.54M | 31.4M | -299.2K | -44.13M | 18.51M | 13.43M | 15.43M | 11.22M | 1.41M | 14.25M | 22.34M | 545.58K | 19.42M |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -9.54M | -31.4M | 299.2K | 44.13M | -18.51M | -13.43M | -15.43M | -11.22M | -1.41M | -14.25M | -22.34M | -545.58K | -19.42M |
| Working Capital Changes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 734.67M | 698.76M | 677.68M | 700.37M | 269.14M | 259.81M | 254.77M | 248.62M | 242.33M | 253.79M | 252.11M | 236.35M | 247.22M |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 0 | 0 | -1.19M | 349.59K | 880.11K | -385.25K | -314.97K | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Conversion (FCF/Net Income) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Distribution sustainability and volatility
As reported in financial statements, NXP exhibits a complete absence of operating cash flow data, which complicates the assessment of earnings quality and suggests that traditional cash conversion metrics are currently unavailable for evaluating the fund's ability to translate net income into actual liquidity for shareholders.
The lack of reported operating cash flow data prevents a direct reconciliation between net income and cash generation, leaving investors to rely solely on net income figures that have shown extreme volatility. This data gap warrants caution, as it obscures whether the fund's reported earnings are supported by actual cash inflows or if they are subject to significant non-cash accounting adjustments.
Based on the provided financial data, the cumulative divergence between net income and operating cash flow remains unquantifiable due to the absence of reported cash flow figures, which prevents a meaningful assessment of the fund's long-term ability to generate cash from its municipal bond investment activities.
Without historical operating cash flow data, it is impossible to determine if the fund's net income fluctuations are representative of underlying cash-generating capacity. Investors should monitor whether future disclosures provide a clearer bridge between accounting profits and the cash available for distribution to shareholders.
According to recent SEC filings, the fund's financial reporting structure appears to omit critical cash flow details, which may mask the true nature of the fund's liquidity and its reliance on portfolio turnover versus recurring interest income to support its ongoing distribution obligations to investors.
The absence of cash flow data in the provided snapshot suggests that the fund's operational reality is primarily viewed through an accrual-based lens. This limitation necessitates a deeper investigation into the fund's distribution coverage ratios to ensure that payouts are not being funded by capital liquidations rather than sustainable interest income.
Quick answers to the most common questions about buying NXP stock.
Nuveen Select Tax-Free Income Portfolio (NXP) generated $0.0M in net cash from operating activities in 2024. This reflects the cash generated directly from core business operations.
Nuveen Select Tax-Free Income Portfolio (NXP) reported negative free cash flow of $0.0M in 2024, indicating capital requirements exceeded cash from operations.
Nuveen Select Tax-Free Income Portfolio (NXP) spent $0.0M on capital expenditures in 2024. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.