Fidelity California Municipal Income (FCTFX) FAQ

The latest current assets for FCTFX is $64M as of August 2023. That compares with $37M in the prior-year period — up 71.0% year over year. Investors often review this figure alongside Fidelity California Municipal Income's historical trend and sector peers before judging valuation or financial health.

Over the past year, FCTFX's current assets moved from $37M to $64M — a 71.0% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Fidelity California Municipal Income's operating scale or balance-sheet position.

A current assets figure of $64M for FCTFX is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting FCTFX's current assets ($64M), review year-over-year change from $37M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.