Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 3.24 is in line with its 5-year average of 3.01, around the middle of its 5-year range (0.30–6.92).
As of the fiscal period ended Thursday, April 30, 2026. 72.82% above its 12-month average of 1.87.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
3.24
QUICK RATIO (ACID-TEST) AVG TTM
1.87
QUICK RATIO (ACID-TEST) AVG 3Y
2.38
QUICK RATIO (ACID-TEST) AVG 5Y
3.01
QUICK RATIO (ACID-TEST) AVG 10Y
2.44
QUICK RATIO (ACID-TEST) AVG 15Y
1.87
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+72.82%
CURRENT VS 3Y AVG
+35.93%
CURRENT VS 5Y AVG
+7.43%
CURRENT VS 10Y AVG
+32.41%
CURRENT VS 15Y AVG
+72.63%
CURRENT VS 20Y AVG
N/A
Nuveen Quality Municipal Income Fund
Market Cap
$2.75B
Quick Ratio (Acid-Test)
3.24
TTM Avg
1.87
3Y Avg
2.38
5Y Avg
3.01
Market Cap
$1.39B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.56
3Y Avg
13.19
5Y Avg
14.96
Market Cap
$739.84M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.02
3Y Avg
0.12
5Y Avg
0.16
Market Cap
$703.07M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.26
3Y Avg
0.26
5Y Avg
0.26
Market Cap
$650.02M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$329.71M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.28
3Y Avg
0.51
5Y Avg
0.50
Market Cap
$298.00M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.13
3Y Avg
0.24
5Y Avg
0.28
Market Cap
$197.54M
Quick Ratio (Acid-Test)
N/A
TTM Avg
11.33
3Y Avg
11.33
5Y Avg
8.17
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Quality Municipal Income Fund (NAD) | $2.75B | 3.24 | 1.87 | 2.38 | 3.01 |
| Lufax Holding Ltd (LU)vs › | $1.39B | N/A | 0.56 | 13.19 | 14.96 |
| Washington Trust Bancorp, Inc. (WASH)vs › | $739.84M | N/A | 0.02 | 0.12 | 0.16 |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $703.07M | N/A | 0.26 | 0.26 | 0.26 |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $650.02M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 1.44 | 1.44 | 1.34 | 1.27 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $329.71M | N/A | 0.28 | 0.51 | 0.50 |
| Isabella Bank Corporation (ISBA)vs › | $298.00M | N/A | 0.13 | 0.24 | 0.28 |
| Franklin Universal Trust (FT)vs › | $197.54M | N/A | 11.33 | 11.33 | 8.17 |
| The New Germany Fund, Inc. (GF)vs › | $188.14M | N/A | 1.01 | 0.97 | 0.73 |
Quick Ratio
3.24
Excludes inventory
Current Ratio
3.24
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-04-30 | 3.24 |
| 2025-10-31 | 0.30 |
| 2025-04-30 | 2.08 |
| 2024-10-31 | 2.73 |
| 2024-04-30 | 1.65 |
| 2023-10-31 | 3.61 |
| 2023-04-30 | 3.06 |
| 2022-10-31 | 6.92 |
| 2022-04-30 | 2.32 |
| 2021-10-31 | 3.02 |
| 2021-04-30 | 4.21 |
| 2020-10-31 | 6.17 |
| 2020-04-30 | 2.57 |
| 2019-10-31 | 3.51 |
| 2019-04-30 | 3.72 |
| 2018-10-31 | 2.12 |
| 2018-04-30 | 2.44 |
| 2017-10-31 | 0.50 |
| 2017-04-30 | 0.51 |
| 2016-10-31 | 0.38 |
| 2016-04-30 | 0.74 |
| 2015-10-31 | 0.92 |
| 2015-04-30 | 0.34 |
| 2014-10-31 | 0.75 |
| 2014-04-30 | 0.33 |
| 2013-10-31 | 0.55 |
| 2013-04-30 | 0.41 |
| 2012-10-31 | 0.31 |
| 2012-04-30 | 0.00 |
