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 1.66 is 48% below its 5-year average of 3.18, near the low end of its 5-year range (0.29–10.51).
As of the fiscal period ended Sunday, August 31, 2025. 31.47% above its 12-month average of 1.26.
Reported quarterly current ratio; no daily interpolation. Q2 FY2025 (2025-08-31): 1.66.
CURRENT RATIO
1.66
CURRENT RATIO AVG TTM
1.26
CURRENT RATIO AVG 3Y
2.74
CURRENT RATIO AVG 5Y
3.18
CURRENT RATIO AVG 10Y
3.82
CURRENT RATIO AVG 15Y
4.08
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+31.47%
CURRENT VS 3Y AVG
-39.40%
CURRENT VS 5Y AVG
-47.76%
CURRENT VS 10Y AVG
-56.48%
CURRENT VS 15Y AVG
-59.33%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
1.23
median of 114 covered companies
CURRENT VS SECTOR MEDIAN
+35.01%
vs the sector median at left
Nuveen California AMT-Free Quality Municipal Income Fund
Market Cap
$562.76M
Current Ratio
1.66
TTM Avg
1.26
3Y Avg
2.74
5Y Avg
3.18
Market Cap
$645.95M
Current Ratio
0.07
TTM Avg
0.26
3Y Avg
0.36
5Y Avg
0.38
Market Cap
$435.59M
Current Ratio
0.15
TTM Avg
1.28
3Y Avg
2.77
5Y Avg
3.06
Market Cap
$431.13M
Current Ratio
2.09
TTM Avg
4.19
3Y Avg
3.41
5Y Avg
2.57
Market Cap
$718.81M
Current Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$733.26M
Current Ratio
0.00
TTM Avg
0.02
3Y Avg
0.12
5Y Avg
0.16
Market Cap
$311.37M
Current Ratio
N/A
TTM Avg
0.28
3Y Avg
1.18
5Y Avg
0.94
Market Cap
$279.52M
Current Ratio
4.15
TTM Avg
0.13
3Y Avg
0.24
5Y Avg
0.28
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen California AMT-Free Quality Municipal Income Fund (NKX) | $562.76M | 1.66 | 1.26 | 2.74 | 3.18 |
| Hypoport SE (HYPOF)vs › | $630.67M | 1.49 | 1.44 | 1.34 | 1.27 |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $645.95M | 0.07 | 0.26 | 0.36 | 0.38 |
| PIMCO California Municipal Income Fund (PCQ)vs › | $435.59M | 0.15 | 1.28 | 2.77 | 3.06 |
| Invesco California Value Municipal Income Trust (VCV)vs › | $431.13M | 2.09 | 4.19 | 3.41 | 2.57 |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $718.81M | N/A | N/A | N/A | N/A |
| Washington Trust Bancorp, Inc. (WASH)vs › | $733.26M | 0.00 | 0.02 | 0.12 | 0.16 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.37M | N/A | 0.28 | 1.18 | 0.94 |
| Isabella Bank Corporation (ISBA)vs › | $279.52M | 4.15 | 0.13 | 0.24 | 0.28 |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.59M | N/A | N/A | N/A | N/A |
Current Ratio
1.66
Quick Ratio
1.66
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 |
|---|---|
| 2025-08-31 | 1.66 |
| 2025-02-28 | 2.74 |
| 2024-11-30 | 0.29 |
| 2024-08-31 | 0.36 |
| 2024-05-31 | 0.36 |
| 2024-02-29 | 4.32 |
| 2023-11-30 | 0.29 |
| 2023-08-31 | 9.64 |
| 2023-05-31 | 0.50 |
| 2023-02-28 | 6.56 |
| 2022-11-30 | 0.41 |
| 2022-08-31 | 5.75 |
| 2022-05-31 | 0.58 |
| 2022-02-28 | 6.07 |
| 2021-11-30 | 0.54 |
| 2021-08-31 | 10.51 |
| 2021-05-31 | 1.11 |
| 2021-02-28 | 2.34 |
| 2020-11-30 | 0.64 |
| 2020-08-31 | 8.91 |
| 2020-05-31 | 0.67 |
| 2020-02-29 | 7.03 |
| 2019-11-30 | 0.68 |
| 2019-08-31 | 6.24 |
| 2019-05-31 | 0.62 |
| 2019-02-28 | 8.00 |
| 2018-11-30 | 0.77 |
| 2018-08-31 | 5.68 |
| 2018-05-31 | 0.57 |
| 2018-02-28 | 2.68 |
| 2017-11-30 | 0.61 |
| 2017-08-31 | 12.29 |
| 2017-05-31 | 9.33 |
| 2017-02-28 | 3.25 |
| 2016-11-30 | 2.36 |
| 2016-08-31 | 5.62 |
| 2016-05-31 | 4.15 |
| 2016-02-29 | 8.27 |
| 2015-11-30 | 2.50 |
| 2015-08-31 | 7.72 |
| 2015-05-31 | 1.32 |
| 2015-02-28 | 7.12 |
| 2014-11-30 | 1.90 |
| 2014-08-31 | 6.58 |
| 2014-05-31 | 1.33 |
| 2014-02-28 | 7.49 |
| 2013-11-30 | 2.17 |
| 2013-08-31 | 4.87 |
| 2013-05-31 | 1.84 |
| 2013-02-28 | 4.20 |
| 2012-11-30 | 0.37 |
| 2012-08-31 | 7.86 |
| 2012-05-31 | 0.79 |
| 2012-02-29 | 4.62 |
| 2011-08-31 | 12.10 |
| 2011-02-28 | 5.89 |
| 2010-08-31 | 9.62 |