Nuveen Virginia Dividend Advantage Municipal Fund (NGB)

16.30 -0.25  -1.51%  May 29, 8:00PM Go Pro
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Nuveen Virginia 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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NGB News

$NGB Delete last comment here...It was meant for NBG - Thank you...
about 107 days ago by phoenixtrader
$NGB Stage 2 Ready. Rocketing to 5 soon ?
about 107 days ago by phoenixtrader
$NGB filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/dB0
about 229 days ago by MarketBrief
Premarket Gainers: $TOBC $SPWRA $NGB $BBY $BP $STO $$
about 345 days ago by MichaelKudrna
Watch $NGB
about 540 days ago by TradeIdeas1
Article : Greek Stocks Trading Under $10 http://bit.ly/d0hUUU $NGB $OTE $PRGN
about 782 days ago by Urbane_Gorilla

Recent Quotes

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