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 4.74 is 74% below its 5-year average of 18.27, near the low end of its 5-year range (0.00–163.21).
As of the fiscal period ended Sunday, May 31, 2026. 91.72% below its 12-month average of 57.17.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2025 (2026-05-31): 4.74.
QUICK RATIO (ACID-TEST)
4.74
QUICK RATIO (ACID-TEST) AVG TTM
57.17
QUICK RATIO (ACID-TEST) AVG 3Y
27.27
QUICK RATIO (ACID-TEST) AVG 5Y
18.27
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-91.72%
CURRENT VS 3Y AVG
-82.64%
CURRENT VS 5Y AVG
-74.08%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
1.08
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+338.49%
vs the sector median at left
Nuveen Minnesota Quality Municipal Income Fund
Market Cap
$63.71M
Quick Ratio (Acid-Test)
4.74
TTM Avg
57.17
3Y Avg
27.27
5Y Avg
18.27
Market Cap
$140.35M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$143.29M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$174.05M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.01
3Y Avg
0.97
5Y Avg
0.73
Market Cap
$178.19M
Quick Ratio (Acid-Test)
13.85
TTM Avg
11.33
3Y Avg
11.33
5Y Avg
8.17
Market Cap
$195.50M
Quick Ratio (Acid-Test)
1.14
TTM Avg
0.83
3Y Avg
0.80
5Y Avg
0.70
Market Cap
$266.32M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$281.94M
Quick Ratio (Acid-Test)
4.15
TTM Avg
0.13
3Y Avg
0.24
5Y Avg
0.28
Market Cap
$312.86M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.28
3Y Avg
0.51
5Y Avg
0.50
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund (NMS) | $63.71M | 4.74 | 57.17 | 27.27 | 18.27 |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $140.35M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $143.29M | N/A | N/A | N/A | N/A |
| The New Germany Fund, Inc. (GF)vs › | $174.05M | 1.35 | 1.01 | 0.97 | 0.73 |
| Franklin Universal Trust (FT)vs › | $178.19M | 13.85 | 11.33 | 11.33 | 8.17 |
| DeFi Technologies Inc. (DEFT)vs › | $195.50M | 1.14 | 0.83 | 0.80 | 0.70 |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.32M | N/A | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $281.94M | 4.15 | 0.13 | 0.24 | 0.28 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $312.86M | N/A | 0.28 | 0.51 | 0.50 |
| Hypoport SE (HYPOF)vs › | $630.67M | 1.48 | 1.44 | 1.34 | 1.27 |
Quick Ratio
4.74
Excludes inventory
Current Ratio
4.74
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) |
|---|---|
| 2026-05-31 | 4.74 |
| 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 | 0.52 |
| 2022-05-31 | 0.96 |
| 2021-11-30 | 5.54 |
| 2021-05-31 | 3.06 |
| 2020-11-30 | 15.63 |
| 2020-05-31 | -4.02 |
| 2019-11-30 | -2.21 |
| 2019-05-31 | -7.64 |
| 2018-11-30 | 0.97 |
| 2018-05-31 | 2.44 |
| 2017-11-30 | 1.36 |
