ACP
Price:
$5.44
Market Cap:
$682.56M
Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.
Industry
Asset Management - Income
IPO Date
2011-01-27
Stock Exchange
NYSE
Ticker
ACP
According to Abrdn Income Credit Strategies Fund’s latest financial reports and current stock price. The company's current Current Ratio is 7.42. This represents a change of -58.55% compared to the average of 17.91 of the last 4 quarters.
The mean historical Current Ratio of Abrdn Income Credit Strategies Fund over the last ten years is 5.50. The current 7.42 Current Ratio has changed 13.41% with respect to the historical average. Over the past ten years (40 quarters), ACP's Current Ratio was at its highest in in the October 2023 quarter at 63.21. The Current Ratio was at its lowest in in the April 2024 quarter at 0.13.
Average
5.50
Median
1.32
Minimum
0
Maximum
32.79
Discovering the peaks and valleys of Abrdn Income Credit Strategies Fund 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 = 32.79
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.88 | -93.24% |
| 2023 | 12.98 | 924.51% |
| 2022 | 1.27 | -7.31% |
| 2021 | 1.37 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 2.34 | -92.86% |
| 2018 | 32.79 | 1.08% |
| 2017 | 2.79 | 1.06% |
| 2016 | 0.24 | -25.27% |
| 2015 | 0.32 | -45.64% |
The current Current Ratio of Abrdn Income Credit Strategies Fund (ACP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.04
5-year avg
3.30
10-year avg
5.50
Abrdn Income Credit Strategies Fund’s Current Ratio is greater than Nuveen Credit Strategies Income Fund (0), greater than PIMCO Access Income Fund (1.37), greater than CBRE Global Real Estate Income Fund (5.58), greater than Virtus Equity & Convertible Income Fund (0), greater than Columbia Seligman Premium Technology Growth Fund (0.00), greater than Nuveen California AMT-Free Quality Municipal Income Fund (1.66), greater than Western Asset Diversified Income Fund (0), greater than DoubleLine Yield Opportunities Fund (0), greater than Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (0), greater than Northern Small Cap Value Fund (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $755.07M | |
| 1.37 | $728.19M | |
| 5.58 | $673.09M | |
| 0 | $706.86M | |
| 0.00 | $653.54M | |
| 1.66 | $633.07M | |
| 0 | $745.33M | |
| 0 | $708.19M | |
| 0 | $620.84M | |
| 0 | $670.92M |
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What is the Current Ratio?
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What is Abrdn Income Credit Strategies Fund's Current Ratio?
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What is the 3-year average Current Ratio for Abrdn Income Credit Strategies Fund (ACP)?
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How does the current Current Ratio for Abrdn Income Credit Strategies Fund (ACP) compare to its historical average?