RRTBX
Price:
$20.55
Market Cap:
$13.36B
This fund's primary objective is to generate the strongest possible overall return over an extended period, balancing both the growth of your initial investment and the income it produces. To achieve this, it constructs a diverse portfolio by investing in various other T. Rowe Price funds that hold stocks and bonds across different market segments and asset types. The mix of these underlying T. Rowe Price investments is dynamic; it gradually shifts over time as the fund moves closer to its designated retirement year. Specifically, this fund is tailored for individuals aiming to retire in or around 2020, based on an assumed retirement age of 65.
Industry
Asset Management
IPO Date
2003-10-30
Stock Exchange
NASDAQ
Ticker
RRTBX
According to T. Rowe Price Retirement 2020 Fund Class R’s latest financial reports and current stock price. The company's current Current Ratio is 0.71. This represents a change of 3.40% compared to the average of 0.69 of the last 4 quarters.
The mean historical Current Ratio of T. Rowe Price Retirement 2020 Fund Class R over the last ten years is 0.87. The current 0.71 Current Ratio has changed 8.09% with respect to the historical average. Over the past ten years (40 quarters), RRTBX's Current Ratio was at its highest in in the December 2021 quarter at 1.61. The Current Ratio was at its lowest in in the March 2023 quarter at 0.51.
Average
0.87
Median
0.80
Minimum
0.59
Maximum
1.61
Discovering the peaks and valleys of T. Rowe Price Retirement 2020 Fund Class R 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 = 96.08%
Maximum Annual Current Ratio = 1.61
Minimum Annual Increase = -63.34%
Minimum Annual Current Ratio = 0.59
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.71 | 20.99% |
| 2022 | 0.59 | -63.34% |
| 2021 | 1.61 | 96.08% |
| 2020 | 0.82 | 3.17% |
| 2019 | 0.79 | -0.46% |
| 2018 | 0.80 | -17.91% |
| 2017 | 0.97 | 28.18% |
| 2016 | 0.76 | 0.79% |
| 2015 | 0.75 | -16.49% |
| 2014 | 0.90 | 35.99% |
The current Current Ratio of T. Rowe Price Retirement 2020 Fund Class R (RRTBX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.97
5-year avg
0.90
10-year avg
0.87
T. Rowe Price Retirement 2020 Fund Class R’s Current Ratio is greater than T. Rowe Price Retirement 2055 Fund Advisor Class (0), greater than T. Rowe Price Retirement 2025 Fund Advisor Class (0), greater than T. Rowe Price Retirement 2025 Fund Class R (0), greater than T. Rowe Price International Stock (0), greater than T. Rowe Price International Stock Fund Class R (0), less than American Funds 2020 Target Date Retirement Fd Cl F-1 (1.20), greater than Allspring Special Mid Cap Value Fund - Class Inst (0), greater than T. Rowe Price Mid-Cap Value Adv (0), greater than Victory 500 Index Fund Member Shares (0), greater than T. Rowe Price Mid-Cap Value Fund I Class (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $12.36B | |
| 0 | $17.13B | |
| 0 | $17.28B | |
| 0 | $14.68B | |
| 0 | $14.57B | |
| 1.20 | $14.08B | |
| 0 | $13.68B | |
| 0 | $16.42B | |
| 0 | $15.33B | |
| 0 | $16.18B |
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What is the Current Ratio?
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What is T. Rowe Price Retirement 2020 Fund Class R's Current Ratio?
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How does the current Current Ratio for T. Rowe Price Retirement 2020 Fund Class R (RRTBX) compare to its historical average?