Nuveen Corporate Income 2023 Target Term Fund (JHAA) Current Ratio

Price: $9.7041
Market Cap: $74.64M
Avg Volume: 12.60K
Country: US
Industry: Asset Management - Income
Sector: Financial Services
Beta: 0
52W Range: $9.09-9.71
Website: Nuveen Corporate Income 2023 Target Term Fund

Nuveen Corporate Income 2023 Target Term Fund Current Ratio

  • Annual: 0.27
  • Quarterly: 9.82
  • TTM: 0.27

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 Nuveen Corporate Income 2023 Target Term Fund's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 0.27
    • Quarterly: 9.82
    • TTM: 0.27
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.01
    • Quarterly: 0.48
    • TTM: 0.01

These metrics provide insights into Nuveen Corporate Income 2023 Target Term Fund'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

0.27

Quarterly Current Ratio

9.82

TTM Current Ratio

0.27

Nuveen Corporate Income 2023 Target Term Fund Historical Current Ratio
1.511.511.011.010.500.500.000.00Current Ratio20192019Jul '19Jul '1920202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Historical Quick Ratio
1.511.511.011.010.500.500.000.00Quick Ratio20192019Jul '19Jul '1920202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Historical Cash Ratio
0.030.030.020.020.020.020.010.010.010.010.000.00Cash Ratio20192019Jul '19Jul '1920202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023

Nuveen Corporate Income 2023 Target Term Fund Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2022.

Year Current Ratio Quick Ratio Cash Ratio
2022 0.27 0.27 0.01
2021 0.78 0.78 0.00
2020 1.01 1.01 0.03
2019 0.82 0.82 0.00
2018 0.00 0.00 0.00

Related Metrics

Explore detailed financial metrics and analysis for JHAA.