ABAKF
Price:
$2.09
Market Cap:
$95.56M
ABRDN Asia-Pacific Income Fund VCC is a close ended fixed income mutual fund launched by Aberdeen Standard Investments (Asia) Limited. The fund is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. It invests in fixed income markets of the Asia-Pacific region. The fund primarily invests in long term debt securities. It benchmarks the performance of its portfolio against a composite index comprised of 25% UBS Composite Index, 20% JP Morgan Asian Credit Index, 35% iBoxx Indices, and 20% JPMorgan Government Emerging Markets Indices. ABRDN Asia-Pacific Income Fund VCC was formed on June 13, 1986 and is domiciled in the United States.
Industry
Asset Management - Income
IPO Date
2010-12-31
Stock Exchange
OTC
Ticker
ABAKF
According to abrdn Asia-Pacific Income Fund VCC’s latest financial reports and current stock price. The company's current Current Ratio is 17.63. This represents a change of -19.41% compared to the average of 21.87 of the last 4 quarters.
The mean historical Current Ratio of abrdn Asia-Pacific Income Fund VCC over the last ten years is 25.80. The current 17.63 Current Ratio has changed 6.73% with respect to the historical average. Over the past ten years (40 quarters), ABAKF's Current Ratio was at its highest in in the April 2006 quarter at 106.52. The Current Ratio was at its lowest in in the October 2015 quarter at 0.09.
Average
25.80
Median
16.34
Minimum
0
Maximum
101.15
Discovering the peaks and valleys of abrdn Asia-Pacific Income Fund VCC 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 = Infinity%
Maximum Annual Current Ratio = 101.15
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 29.62 | -39.72% |
| 2023 | 49.14 | 72.11% |
| 2022 | 28.55 | 19.43% |
| 2021 | 23.91 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 8.70 | -0.94% |
| 2018 | 8.78 | 8.88% |
| 2017 | 8.06 | -92.03% |
| 2016 | 101.15 | 107.84% |
| 2015 | 0.09 | -16.05% |
The current Current Ratio of abrdn Asia-Pacific Income Fund VCC (ABAKF) 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
35.77
5-year avg
26.25
10-year avg
25.80
abrdn Asia-Pacific Income Fund VCC’s Current Ratio is greater than Riverfront Dynamic Equity Income Fund - Investor Class (0), greater than Aberdeen Global High Income Fund Class A (0), greater than Invesco High Income Trust II (4.60), greater than Vest S&P 500 Dividend Aristocrats Target Income Strategy Investor Class (0), greater than The Gabelli Convertible and Income Securities Fund Inc. (0), greater than MFS Government Markets Income Trust (12.87), greater than The Gabelli Global Utility & Income Trust (2.56), greater than Western Asset Investment Grade Income Fund Inc. (1.43), greater than First Trust Mortgage Income Fund (0.37), greater than Eaton Vance Senior Income Trust (2.81),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $76.27M | |
| 0 | $78.86M | |
| 4.60 | $72.16M | |
| 0 | $47.83M | |
| 0 | $81.76M | |
| 12.87 | $99.24M | |
| 2.56 | $110.83M | |
| 1.43 | $118.98M | |
| 0.37 | $50.33M | |
| 2.81 | $95.76M |
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