Tri-Continental Corporation

Tri-Continental Corporationverified

TY

Price:

$32.714

Market Cap:

$1.75B

Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies. The fund benchmarks the performance of its portfolio against S&P 500 Index. Tri-Continental Corporation was formed in January 1929 and is domiciled in the United States.[Read more]

Industry

Asset Management

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

TY

The Current Ratio as of September 2024 (TTM) for Tri-Continental Corporation (TY) is 0

According to Tri-Continental Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 3.69 of the last 4 quarters.

Tri-Continental Corporation (TY) Historical Current Ratio (quarterly & annually)

How has TY Current Ratio performed in the past?

The mean historical Current Ratio of Tri-Continental Corporation over the last ten years is 6.01. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), TY's Current Ratio was at its highest in in the December 2008 quarter at 31.44. The Current Ratio was at its lowest in in the June 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

6.01

Median

4.00

Minimum

1.72

Maximum

20.82

Tri-Continental Corporation (TY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tri-Continental Corporation 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 = 1.11%

Maximum Annual Current Ratio = 20.82

Minimum Annual Increase = -84.97%

Minimum Annual Current Ratio = 1.72

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.50-45.30%
20228.23109.71%
20213.93-57.45%
20209.23126.48%
20194.0730.21%
20183.13-84.97%
201720.821.11%
20161.72-33.22%
20152.5834.54%
20141.92-32.32%

Tri-Continental Corporation (TY) Average Current Ratio

How has TY Current Ratio performed in the past?

The current Current Ratio of Tri-Continental Corporation (TY) 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

5.55

5-year avg

5.99

10-year avg

6.01

Tri-Continental Corporation (TY) Current Ratio vs. Peers

How is TY’s Current Ratio compared to its peers?

Tri-Continental Corporation’s Current Ratio is less than Eaton Vance Tax-Advantaged Global Dividend Income Fund (1.89), less than BlackRock MuniYield Fund, Inc. (0.30), less than Eaton Vance Tax-Advantaged Dividend Income Fund (1.21), less than Eaton Vance Tax-Managed Buy-Write Income Fund (0), less than Nuveen California Select Tax-Free Income Portfolio (3.34), less than Central Securities Corp. (0), less than Invesco High Income 2024 Target Term Fund (0), less than BlackRock MuniVest Fund, Inc. (1.56), less than Invesco High Income 2023 Target Term Fund (8.71), less than DWS Municipal Income Trust (2.16), less than BlackRock MuniYield Quality Fund, Inc. (1.03), less than BlackRock Municipal Income Fund, Inc. (0.03), less than Nuveen Municipal Credit Opportunities Fund (3.29), less than Adams Diversified Equity Fund, Inc. (0.76), less than SRH Total Return Fund, Inc. (2.88), less than Putnam Municipal Opportunities Trust (0), less than Tortoise Energy Independence Fund, Inc. (0), less than Invesco Municipal Trust (1.39), less than Invesco Trust for Investment Grade Municipals (1.31), less than Invesco Quality Municipal Income Trust (2.06), less than Invesco Municipal Opportunity Trust (1.17), less than MFS High Income Municipal Trust (4.29),

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