Invesco Municipal Trust (VKQ) Current Ratio

Price: $9.53
Market Cap: $527.35M
Avg Volume: 129.73K
Country: US
Industry: Asset Management
Sector: Financial Services
Beta: 0.579
52W Range: $9.15-10.47
Website: Invesco Municipal Trust

Invesco Municipal Trust Current Ratio

  • Annual: 1.39
  • Quarterly: 1.26
  • TTM: 1.26

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 Municipal Trust's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 1.39
    • Quarterly: 1.26
    • TTM: 1.26
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.17
    • Quarterly: 0.00
    • TTM: 0.00

These metrics provide insights into Invesco Municipal 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

1.39

Quarterly Current Ratio

1.26

TTM Current Ratio

1.26

Invesco Municipal Trust Historical Current Ratio
20.0020.0015.0015.0010.0010.005.005.000.000.00Current Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quick Ratio
20.0020.0015.0015.0010.0010.005.005.000.000.00-5.00-5.00Quick Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
1.821.821.221.220.610.610.000.00Cash Ratio201620162017201720182018201920192020202020212021202220222023202320242024

Invesco Municipal 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 1.39 1.39 0.17
2023 1.98 1.98 0.89
2022 1.75 1.75 0.27
2021 10.08 10.08 1.55
2020 2.33 0.00 0.03
2019 4.74 4.74 0.00
2018 8.74 0.00 0.28
2017 19.55 19.55 0.23
2016 3.26 3.26 0.00
2015 2.57 2.57 0.00

Related Metrics

Explore detailed financial metrics and analysis for VKQ.