LEO
Price:
$6.38
Market Cap:
$397.42M
BNY Mellon Strategic Municipals, Inc. functions as a closed-end mutual fund that concentrates on fixed income investments, managed by BNY Mellon Investment Adviser, Inc. This fund, which was established on September 23, 1987, and is based in the United States, primarily allocates its capital within the American fixed income markets. A significant portion of its portfolio consists of high-quality municipal bonds, valued for generating income that is not subject to federal income tax. The fund's investment strategy relies on fundamental analysis for portfolio construction. It was formerly recognized as Dreyfus Strategic Municipals, Inc.
Industry
Asset Management
IPO Date
1987-09-23
Stock Exchange
NYSE
Ticker
LEO
According to BNY Mellon Strategic Municipals, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.71. This represents a change of 63.02% compared to the average of 1.05 of the last 4 quarters.
The mean historical Current Ratio of BNY Mellon Strategic Municipals, Inc. over the last ten years is 4.73. The current 1.71 Current Ratio has changed 3.52% with respect to the historical average. Over the past ten years (40 quarters), LEO's Current Ratio was at its highest in in the March 2021 quarter at 15.99K. The Current Ratio was at its lowest in in the September 2024 quarter at 0.08.
Average
4.73
Median
3.32
Minimum
0.02
Maximum
18.09
Discovering the peaks and valleys of BNY Mellon Strategic Municipals, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 32.70%
Maximum Annual Current Ratio = 18.09
Minimum Annual Increase = -99.81%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.88 | 2.14% |
| 2024 | 0.08 | -94.41% |
| 2023 | 1.50 | -68.40% |
| 2022 | 4.76 | -11.78% |
| 2021 | 5.39 | -70.20% |
| 2020 | 18.09 | 204.72% |
| 2019 | 5.94 | 32.70% |
| 2018 | 0.02 | -99.81% |
| 2017 | 9.57 | 8.77% |
| 2016 | 0.11 | 8.73% |
The current Current Ratio of BNY Mellon Strategic Municipals, Inc. (LEO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.16
5-year avg
2.72
10-year avg
4.73
BNY Mellon Strategic Municipals, Inc.’s Current Ratio is greater than Source Capital, Inc. (0), less than Palmer Square Capital BDC Inc. (205.48), less than GigCapital7 Corp. (6.08), less than Barings Corporate Investors (2.19), greater than Saratoga Investment Corp. (0.36), greater than PennantPark Investment Corporation (0.09), less than Diamond Hill Investment Group, Inc. (75.12K), greater than Gladstone Capital Corporation (0.25), less than Stellus Capital Investment Corporation (8.83),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $372.45M | |
| 205.48 | $335.17M | |
| 6.08 | $172.00M | |
| 2.19 | $365.89M | |
| 0.36 | $365.05M | |
| 0.09 | $251.39M | |
| 75.12K | $473.29M | |
| 0.25 | $438.08M | |
| 8.83 | $260.81M |
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