Invesco Quality Municipal Income Trust (IQI) Current Ratio

Price: $9.655
Market Cap: $510.59M
Avg Volume: 165.39K
Country: US
Industry: Asset Management - Income
Sector: Financial Services
Beta: 0.642
52W Range: $9.23-10.53
Website: Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trust Current Ratio

  • Annual: 2.06
  • Quarterly: 0.00
  • TTM: 0.00

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Invesco Quality Municipal Income Trust's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 2.06
    • Quarterly: 0.00
    • TTM: 0.00
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.95
    • Quarterly: 0.00
    • TTM: 0.00

These metrics provide insights into Invesco Quality Municipal Income Trust's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

2.06

Quarterly Current Ratio

0.00

TTM Current Ratio

0.00

Invesco Quality Municipal Income Trust Historical Current Ratio
15.0015.0012.0012.009.009.006.006.003.003.000.000.00Current Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quick Ratio
20.0020.000.000.00-20.00-20.00-40.00-40.00-60.00-60.00-80.00-80.00-100.00-100.00Quick Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
1.711.711.141.140.570.570.000.00Cash Ratio201620162017201720182018201920192020202020212021202220222023202320242024

Invesco Quality Municipal Income Trust Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Current Ratio Quick Ratio Cash Ratio
2024 2.06 2.06 0.95
2023 1.33 -11.59 0.00
2022 1.38 1.38 0.03
2021 8.17 8.17 1.33
2020 1.54 -41.65 0.00
2019 3.02 -85.49 0.00
2018 3.46 3.46 0.00
2017 13.13 13.13 0.00
2016 4.07 4.07 0.16
2015 4.92 4.92 0.00

Related Metrics

Explore detailed financial metrics and analysis for IQI.