Current Ratio: 163.21
Is the current ratio high or low?
The current ratio of 163.21 is 717% above its 5-year average of 19.97, near the high end of its 5-year range (0.00–163.21).
As of Monday, June 29, 2026. 192.71% above its 12-month average of 55.76.
NMS Current Ratio
Reported quarterly current ratio; no daily interpolation.
NMS Average Current Ratio Chart
NMS Current vs Average Current Ratio Chart
NMS Current Ratio Metrics
CURRENT RATIO
163.21
CURRENT RATIO AVG TTM
55.76
CURRENT RATIO AVG 3Y
27.79
CURRENT RATIO AVG 5Y
19.97
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+192.71%
CURRENT VS 3Y AVG
+487.33%
CURRENT VS 5Y AVG
+717.09%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NMS Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund (NMS) | $74.78M | 163.21 | 55.76 | 27.79 | 19.97 |
| Global X - MSCI Colombia ETF (COLO)vs › | $126.82M | N/A | N/A | N/A | N/A |
| CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)vs › | $5.89M | N/A | N/A | N/A | N/A |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $157.50M | N/A | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $157.96M | 0.88 | 0.83 | 0.80 | 0.94 |
| The New Germany Fund, Inc. (GF)vs › | $186.66M | 1.05 | 1.01 | 0.73 | 0.49 |
| Franklin Universal Trust (FT)vs › | $202.31M | 12.80 | 11.33 | 7.58 | 5.75 |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 0.12 | 0.13 | 0.24 | 0.28 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.76M | 0.00 | 0.28 | 1.18 | 0.94 |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $529.65M | 0.06 | 0.26 | 0.36 | 0.38 |
Liquidity Analysis
Current Ratio
163.21
Quick Ratio
3.56
Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Current Ratio FAQ
- What is the current ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The current ratio for NMS stock is 163.21.
- Is Nuveen Minnesota Quality Municipal Income Fund's current ratio high or low?
- The current ratio of 163.21 is 717% above its 5-year average of 19.97, near the high end of its 5-year range (0.00–163.21).
- What is the TTM average current ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The TTM average current ratio for NMS stock is 55.76.
- What is the 3Y average current ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 3Y average current ratio for NMS stock is 27.79.
- What is the 5Y average current ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 5Y average current ratio for NMS stock is 19.97.
NMS Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-11-30 | 163.21 |
| 2025-05-31 | 3.56 |
| 2024-11-30 | 0.51 |
| 2024-05-31 | 0.00 |
| 2023-11-30 | 10.54 |
| 2023-05-31 | 8.35 |
| 2022-11-30 | 8.35 |
| 2022-05-31 | 0.96 |
| 2021-11-30 | 5.54 |
| 2021-05-31 | 3.06 |
| 2020-11-30 | 15.63 |
| 2020-05-31 | 5.13 |
| 2019-11-30 | 1.92 |
| 2019-05-31 | 4.56 |
| 2018-11-30 | 0.97 |
| 2018-05-31 | 2.44 |
| 2017-11-30 | 1.36 |
Related Metrics
About Nuveen Minnesota Quality Municipal Income Fund
The Nuveen Minnesota Quality Municipal Income Fund (NMS) operates as a closed-end mutual fund, focusing on fixed income assets, initially launched by Nuveen Investments, Inc. Its management responsibilities are jointly handled by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund primarily allocates its capital within the fixed income markets across the United States. A core part of its strategy involves investing in investment-grade municipal bonds that provide exemptions from regular federal and Minnesota personal income taxes. To ensure quality, the fund targets securities with a credit rating of at least Baa/BBB or better, as assessed by S&P, Moody's, or Fitch. This fund, formerly recognized as the Nuveen Minnesota Municipal Income Fund, was established on June 25, 1993, and is domiciled in the United States.
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Christopher L. Drahn