NAZ (Nuveen Arizona Quality Municipalome Fund) Current Ratio: 0.78 (As of Feb. 2026)

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NAZ Nuveen Arizona Quality Municipal Income Fund NAZ
34 GF Score
Price $11.58
! 2 Warning Signs
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What is Nuveen Arizona Quality Municipalome Fund Current Ratio?

Nuveen Arizona Quality Municipalome Fund NAZ -0.17% 34 Current Ratio is 0.78 as of Feb. 2026. GuruFocus rates NAZ with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 703 Asset Management companies, Nuveen Arizona Quality Municipalome Fund ranks worse than 142247.37% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Nuveen Arizona Quality Municipalome Fund's current ratio for the quarter that ended in Feb. 2026 was 0.78.

Nuveen Arizona Quality Municipalome Fund has a current ratio of 0.78. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Nuveen Arizona Quality Municipalome Fund has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Nuveen Arizona Quality Municipalome Fund's Current Ratio or its related term are showing as below:

NAZ's Current Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.92
* Ranked among companies with meaningful Current Ratio only.

Nuveen Arizona Quality Municipalome Fund  (NYSE:NAZ) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Nuveen Arizona Quality Municipalome Fund Current Ratio Related Terms


Nuveen Arizona Quality Municipalome Fund Current Ratio Historical Data

* Premium members only.

The historical data trend for Nuveen Arizona Quality Municipalome Fund's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen Arizona Quality Municipalome Fund Current Ratio Chart

Nuveen Arizona Quality Municipalome Fund Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Aug24 Aug25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 1.48 1.91 1.07 4.02

Nuveen Arizona Quality Municipalome Fund Semi-Annual Data
Aug15 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Feb24 Aug24 Feb25 Aug25 Feb26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.45 1.07 5.92 4.02 0.78

NAZ vs VTN, NNY, IGA: Current Ratio Comparison

For the Asset Management subindustry, Nuveen Arizona Quality Municipalome Fund's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nuveen Arizona Quality Municipalome Fund Current Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Arizona Quality Municipalome Fund's Current Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen Arizona Quality Municipalome Fund's Current Ratio falls into.


NAZ
34GF Score
Nuveen Arizona Quality Municipal Income Fund NAZ
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Arizona Quality Municipalome Fund Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Nuveen Arizona Quality Municipalome Fund's Current Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Current Ratio (A: Aug. 2025 )=Total Current Assets (A: Aug. 2025 )/Total Current Liabilities (A: Aug. 2025 )
=6.261677/1.557508
=4.02

Nuveen Arizona Quality Municipalome Fund's Current Ratio for the quarter that ended in Feb. 2026 is calculated as

Current Ratio (Q: Feb. 2026 )=Total Current Assets (Q: Feb. 2026 )/Total Current Liabilities (Q: Feb. 2026 )
=2.514911/3.210634
=0.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.78 mean?
Nuveen Arizona Quality Municipalome Fund (NAZ) has a Current Ratio of 0.78 as of Feb. 2026. According to the industry distribution chart, Nuveen Arizona Quality Municipalome Fund ranks #999999 out of 703 companies in the Asset Management industry.
Is Nuveen Arizona Quality Municipalome Fund's Current Ratio too high?
Nuveen Arizona Quality Municipalome Fund's current Current Ratio is 0.78. The Asset Management industry median Current Ratio is 2.92. Nuveen Arizona Quality Municipalome Fund's value of 0.78 is 73.3% below this industry median. Based on the distribution chart, Nuveen Arizona Quality Municipalome Fund ranks #999999 out of 703 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Nuveen Arizona Quality Municipalome Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Arizona Quality Municipalome Fund's Current Ratio compare to VTN and NNY?
According to the Asset Management industry distribution chart, Nuveen Arizona Quality Municipalome Fund ranks #999999 out of 703 companies for Current Ratio. This places Nuveen Arizona Quality Municipalome Fund in the lower half of its industry. The industry median Current Ratio is 2.92. Nuveen Arizona Quality Municipalome Fund's value of 0.78 is 73.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Asset Management company?
The median Current Ratio among Asset Management companies is 2.92, based on 703 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Arizona Quality Municipalome Fund's current Current Ratio of 0.78 is 73.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Current Ratio is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Arizona Quality Municipalome Fund's current Current Ratio is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Arizona Quality Municipalome Fund stock overvalued right now?
Nuveen Arizona Quality Municipalome Fund (NAZ) has a current Current Ratio of 0.78. The current Current Ratio is 0.78 and 73.3% below the Asset Management industry median of 2.92. Nuveen Arizona Quality Municipalome Fund's overall GF Score™ is 34/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Nuveen Arizona Quality Municipalome Fund (NAZ), the current Current Ratio is 0.78 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nuveen Arizona Quality Municipalome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Arizona Quality Municipal Income Fund is a closed-end management investment company. The Fund seeks to provide current income exempt from regular federal, New York State, and New York City income taxes, and from the federal alternative minimum tax for individuals, while enhancing portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds considered underrated, undervalued, or from undervalued municipal market sectors. It may invest in municipal securities such as lease obligations and certificates of participation, which provide an undivided interest in pools of municipal leases or installment purchase agreements.
34GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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