Nuveen Arizona Dividend Advantage Municipal Fund (NFZ)

14.67 +0.02  +0.14%  May 30, 8:00PM Go Pro
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Nuveen Arizona Dividend Advantage Municipal Fund Current Ratio

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About Current Ratio

The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. Current assets are cash and any assets expected to be converted into cash within the next year. The ratio illustrates a company's ability to remain solvent.

A current ratio of 1 means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning that it has twice as many current assets as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.
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Recent Quotes

Symbol Price Chg Chg % Market Cap
NFZ 14.67 +0.02 +0.14%
NFX 30.56 -1.58 -4.92% 4.346B
NFP 13.19 -0.12 -0.90% 536.26M
NFO 31.54 -0.56 -1.73%
NFLX 67.34 -2.10 -3.02% 3.848B
NFG 42.80 -1.24 -2.82% 3.658B
NFC 14.52 +0.01 +0.07%
NATH 24.29 +0.17 +0.70% 104.92M
NAT 12.80 -0.58 -4.33% 708.07M
NASB 15.50 -0.98 -5.95% 129.70M
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