ABALX
Price:
$36.81
Market Cap:
$240.57B
The investment seeks conservation of capital, current income and long-term growth of capital and income. The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds. It also invests in securities issued and guaranteed by the U.S. government and by federal agencies and instrumentalities. In addition, the fund may invest a portion of its assets in common stocks, most of which have a history of paying dividends, bonds and other securities of issuers domiciled outside the United States.
Industry
Asset Management
IPO Date
1986-01-02
Stock Exchange
NASDAQ
Ticker
ABALX
According to American Funds American Balanced Fund Class A’s latest financial reports and current stock price. The company's current Current Ratio is 6.82. This represents a change of -18.64% compared to the average of 8.39 of the last 4 quarters.
The mean historical Current Ratio of American Funds American Balanced Fund Class A over the last ten years is 9.13. The current 6.82 Current Ratio has changed 7.37% with respect to the historical average. Over the past ten years (40 quarters), ABALX's Current Ratio was at its highest in in the January 2019 quarter at 14.73. The Current Ratio was at its lowest in in the October 2014 quarter at 3.75.
Average
9.13
Median
8.78
Minimum
6.82
Maximum
14.73
Discovering the peaks and valleys of American Funds American Balanced Fund Class A 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 = 94.09%
Maximum Annual Current Ratio = 14.73
Minimum Annual Increase = -41.77%
Minimum Annual Current Ratio = 6.82
Year | Current Ratio | Change |
---|---|---|
2024 | 6.82 | -0.03% |
2023 | 6.83 | -0.18% |
2022 | 6.84 | -18.78% |
2021 | 8.42 | -1.89% |
2020 | 8.58 | -41.77% |
2019 | 14.73 | 34.78% |
2018 | 10.93 | 8.68% |
2017 | 10.06 | 10.12% |
2016 | 9.13 | 1.65% |
2015 | 8.99 | 94.09% |
The current Current Ratio of American Funds American Balanced Fund Class A (ABALX) 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
6.83
5-year avg
7.50
10-year avg
9.13
American Funds American Balanced Fund Class A’s Current Ratio is greater than American Funds The Income Fund of America Class A (1.53), greater than American Funds Capital Income Builder Class A (0), greater than American Funds Capital World Growth and Income Fund Class A (0), greater than American Funds The Growth Fund of America Class A (0), greater than American Funds New Perspective Fund Class A (0),
Company | Current Ratio | Market cap |
---|---|---|
1.53 | $130.07B | |
0 | $112.65B | |
0 | $130.18B | |
0 | $303.15B | |
0 | $149.60B |
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What is the Current Ratio?
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What is American Funds American Balanced Fund Class A's Current Ratio?
How is the Current Ratio calculated for American Funds American Balanced Fund Class A (ABALX)?
What is the highest Current Ratio for American Funds American Balanced Fund Class A (ABALX)?
What is the 3-year average Current Ratio for American Funds American Balanced Fund Class A (ABALX)?
What is the 5-year average Current Ratio for American Funds American Balanced Fund Class A (ABALX)?
How does the current Current Ratio for American Funds American Balanced Fund Class A (ABALX) compare to its historical average?