AMECX
Price:
$26.27
Market Cap:
$131.40B
The investment seeks to provide investors with current income while secondarily striving for capital growth. Normally the fund invests primarily in income-producing securities. These include equity securities, such as dividend-paying common stocks, and debt securities, such as interest-paying bonds. Generally at least 60% of the fund's assets will be invested in common stocks and other equity-type securities. The fund may also invest up to 30% of its assets in equity securities of issuers domiciled outside the United States, including issuers in developing countries.
Industry
Asset Management - Income
IPO Date
1986-01-02
Stock Exchange
NASDAQ
Ticker
AMECX
According to American Funds The Income Fund of America Class A’s latest financial reports and current stock price. The company's current Current Ratio is 1.53. This represents a change of 32.13% compared to the average of 1.15 of the last 4 quarters.
The mean historical Current Ratio of American Funds The Income Fund of America Class A over the last ten years is 1.29. The current 1.53 Current Ratio has changed 11.77% with respect to the historical average. Over the past ten years (40 quarters), AMECX's Current Ratio was at its highest in in the December 2020 quarter at 2.54. The Current Ratio was at its lowest in in the June 2024 quarter at 0.
Average
1.29
Median
1.14
Minimum
0
Maximum
2.54
Discovering the peaks and valleys of American Funds The Income Fund of America 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 = Infinity%
Maximum Annual Current Ratio = 2.54
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2024 | 1.53 | Infinity% |
2023 | 0 | -100.00% |
2022 | 1.11 | -44.16% |
2021 | 2.00 | -21.27% |
2020 | 2.54 | 172.61% |
2019 | 0.93 | -16.76% |
2018 | 1.12 | 0.20% |
2017 | 1.12 | -4.14% |
2016 | 1.16 | -14.01% |
2015 | 1.35 | 15.08% |
The current Current Ratio of American Funds The Income Fund of America Class A (AMECX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.88
5-year avg
1.43
10-year avg
1.29
American Funds The Income Fund of America Class A’s Current Ratio is greater than American Funds Capital Income Builder Class A (0), greater than American Funds Capital World Growth and Income Fund Class A (0), less than American Funds American Balanced Fund Class A (6.82), greater than American Funds Fundamental Investors (0), greater than American Funds The Growth Fund of America Class A (0),
Company | Current Ratio | Market cap |
---|---|---|
0 | $112.99B | |
0 | $129.42B | |
6.82 | $242.38B | |
0 | $145.26B | |
0 | $279.47B |
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What is the Current Ratio?
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