Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the current ratio high or low?
The current ratio of 1.35 is 131% above its 5-year average of 0.59, near the high end of its 5-year range (0.00–1.36).
As of the fiscal period ended Tuesday, June 30, 2026. 7.94% above its 12-month average of 1.25.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.35.
CURRENT RATIO
1.35
CURRENT RATIO AVG TTM
1.25
CURRENT RATIO AVG 3Y
0.82
CURRENT RATIO AVG 5Y
0.59
CURRENT RATIO AVG 10Y
0.51
CURRENT RATIO AVG 15Y
0.55
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+7.94%
CURRENT VS 3Y AVG
+64.06%
CURRENT VS 5Y AVG
+130.56%
CURRENT VS 10Y AVG
+162.93%
CURRENT VS 15Y AVG
+147.97%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
1.13
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+19.08%
vs the sector median at left
The New Germany Fund, Inc.
Market Cap
$175.02M
Current Ratio
1.35
TTM Avg
1.25
3Y Avg
0.82
5Y Avg
0.59
Market Cap
$142.32M
Current Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$266.32M
Current Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$274.24M
Current Ratio
4.15
TTM Avg
0.13
3Y Avg
0.24
5Y Avg
0.28
Market Cap
$63.90M
Current Ratio
4.74
TTM Avg
4.15
3Y Avg
8.64
5Y Avg
6.16
Market Cap
$311.37M
Current Ratio
N/A
TTM Avg
0.28
3Y Avg
1.18
5Y Avg
0.94
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The New Germany Fund, Inc. (GF) | $175.02M | 1.35 | 1.25 | 0.82 | 0.59 |
| Franklin Universal Trust (FT)vs › | $178.69M | 13.85 | 11.33 | 7.58 | 5.75 |
| DeFi Technologies Inc. (DEFT)vs › | $206.36M | 1.14 | 0.83 | 0.80 | 0.94 |
| Global X - MSCI Colombia ETF (COLO)vs › | $142.52M | N/A | N/A | N/A | N/A |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $142.32M | N/A | N/A | N/A | N/A |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.32M | N/A | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $274.24M | 4.15 | 0.13 | 0.24 | 0.28 |
| Nuveen Minnesota Quality Municipal Income Fund (NMS)vs › | $63.90M | 4.74 | 4.15 | 8.64 | 6.16 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.37M | N/A | 0.28 | 1.18 | 0.94 |
| Hypoport SE (HYPOF)vs › | $630.67M | 1.49 | 1.44 | 1.34 | 1.27 |
Current Ratio
1.35
Quick Ratio
1.35
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
| DATE | CURRENT RATIO |
|---|---|
| 2026-06-30 | 1.35 |
| 2025-12-31 | 1.05 |
| 2025-06-30 | 1.36 |
| 2024-12-31 | 0.97 |
| 2024-06-30 | 0.09 |
| 2023-12-31 | 0.90 |
| 2023-06-30 | 0.05 |
| 2022-12-31 | 0.01 |
| 2022-06-30 | 0.02 |
| 2021-12-31 | 0.00 |
| 2021-06-30 | 0.64 |
| 2020-12-31 | 0.01 |
| 2020-06-30 | 0.63 |
| 2019-12-31 | 0.01 |
| 2019-06-30 | 2.74 |
| 2018-12-31 | 0.00 |
| 2018-06-30 | 0.75 |
| 2017-12-31 | 0.16 |
| 2017-06-30 | 0.99 |
| 2016-12-31 | 0.55 |
| 2016-06-30 | 0.75 |
| 2015-12-31 | 0.47 |
| 2015-06-30 | 1.01 |
| 2014-12-31 | 0.08 |
| 2014-06-30 | 1.10 |
| 2013-12-31 | 0.16 |
| 2013-06-30 | 1.42 |
| 2012-12-31 | 0.73 |
| 2012-06-30 | 0.00 |