Quick Ratio (Acid-Test): 0.30
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.30 is 91% below its 5-year average of 3.28, near the low end of its 5-year range (0.30–6.92).
As of Saturday, June 27, 2026. 82.43% below its 12-month average of 1.70.
NAD Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
NAD Average Quick Ratio (Acid-Test) Chart
NAD Current vs Average Quick Ratio (Acid-Test) Chart
NAD Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.30
QUICK RATIO (ACID-TEST) AVG TTM
1.70
QUICK RATIO (ACID-TEST) AVG 3Y
2.91
QUICK RATIO (ACID-TEST) AVG 5Y
3.28
QUICK RATIO (ACID-TEST) AVG 10Y
2.55
QUICK RATIO (ACID-TEST) AVG 15Y
1.82
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-82.43%
CURRENT VS 3Y AVG
-89.71%
CURRENT VS 5Y AVG
-90.88%
CURRENT VS 10Y AVG
-88.26%
CURRENT VS 15Y AVG
-83.60%
CURRENT VS 20Y AVG
N/A
NAD Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Quality Municipal Income Fund (NAD) | $2.81B | 0.30 | 1.70 | 2.91 | 3.28 |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $1.10B | 1.10 | 1.04 | 1.68 | 4.21 |
| Main Street Capital Corporation (MAIN)vs › | $4.75B | 449.84 | 226.86 | 114.79 | 77.09 |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $632.28M | N/A | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $532.47M | 0.56 | 0.56 | 13.19 | 14.96 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $314.35M | 0.00 | 0.28 | 0.51 | 0.50 |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 0.12 | 0.13 | 0.24 | 0.28 |
| Franklin Universal Trust (FT)vs › | $201.81M | 12.80 | 11.33 | 11.33 | 8.17 |
| The New Germany Fund, Inc. (GF)vs › | $186.33M | 1.05 | 1.01 | 0.97 | 0.73 |
| DeFi Technologies Inc. (DEFT)vs › | $164.54M | 0.88 | 0.83 | 0.80 | 0.81 |
Liquidity Comparison
Quick Ratio
0.30
Excludes inventory
Current Ratio
0.30
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
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
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Nuveen Quality Municipal Income Fund (NAD)?
- The quick ratio (acid-test) for NAD stock is 0.30.
- Is Nuveen Quality Municipal Income Fund's quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 0.30 is 91% below its 5-year average of 3.28, near the low end of its 5-year range (0.30–6.92).
- What is the TTM average quick ratio (acid-test) for Nuveen Quality Municipal Income Fund (NAD)?
- The TTM average quick ratio (acid-test) for NAD stock is 1.70.
- What is the 3Y average quick ratio (acid-test) for Nuveen Quality Municipal Income Fund (NAD)?
- The 3Y average quick ratio (acid-test) for NAD stock is 2.91.
- What is the 5Y average quick ratio (acid-test) for Nuveen Quality Municipal Income Fund (NAD)?
- The 5Y average quick ratio (acid-test) for NAD stock is 3.28.
- What is the 10Y average quick ratio (acid-test) for Nuveen Quality Municipal Income Fund (NAD)?
- The 10Y average quick ratio (acid-test) for NAD stock is 2.55.
- What is the 15Y average quick ratio (acid-test) for Nuveen Quality Municipal Income Fund (NAD)?
- The 15Y average quick ratio (acid-test) for NAD stock is 1.82.
NAD Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 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 |
Related Metrics
About Nuveen Quality Municipal Income Fund
The Nuveen Quality Municipal Income Fund (NAD) is a U.S.-domiciled, closed-end mutual fund that began operations on January 15, 1999, having previously been known as the Nuveen Dividend Advantage Municipal Fund. Launched by Nuveen Investments, Inc., this fund is jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Its core objective is to invest in undervalued municipal bonds and similar instruments within the American fixed-income market, aiming to generate income that is exempt from federal income taxes. The fund's portfolio predominantly comprises investment-grade securities, targeting an average maturity of roughly 18 years. Management employs a bottom-up, fundamental analysis approach for constructing its holdings. Its performance is measured against benchmarks set by Standard & Poor's (S&P).
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Thomas C. Spalding Jr.