FAX
Price:
$15.23
Market Cap:
$628.73M
Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland. It primarily invests in debt securities issued by governmental entities, banks, companies, and other entities. Abrdn Asia-Pacific Income Fund Inc was formed on March 14, 1986 and is domiciled in the United States.
Industry
Asset Management - Income
IPO Date
1986-04-17
Stock Exchange
NYSE
Ticker
FAX
According to Abrdn Asia-Pacific Income Fund Inc’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 1.53 of the last 4 quarters.
The mean historical Current Ratio of Abrdn Asia-Pacific Income Fund Inc over the last ten years is 2.89. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), FAX's Current Ratio was at its highest in in the October 2016 quarter at 12.26. The Current Ratio was at its lowest in in the May 2012 quarter at 0.
Average
2.89
Median
2.34
Minimum
0.41
Maximum
7.38
Discovering the peaks and valleys of Abrdn Asia-Pacific Income Fund Inc 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 = 749.77%
Maximum Annual Current Ratio = 7.38
Minimum Annual Increase = -93.27%
Minimum Annual Current Ratio = 0.41
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.48 | -87.97% |
| 2023 | 3.96 | -46.33% |
| 2022 | 7.38 | 203.79% |
| 2021 | 2.43 | 100.25% |
| 2020 | 1.21 | 7.30% |
| 2019 | 1.13 | -49.77% |
| 2018 | 2.25 | -36.10% |
| 2017 | 3.52 | 749.77% |
| 2016 | 0.41 | -93.27% |
| 2015 | 6.16 | 173.25% |
The current Current Ratio of Abrdn Asia-Pacific Income Fund Inc (FAX) 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
3.94
5-year avg
3.09
10-year avg
2.89
Abrdn Asia-Pacific Income Fund Inc’s Current Ratio is less than RiverPark Strategic Income Fund Retail Class (0), less than BlackRock Multi-Sector Income Trust (0.45), less than BlackRock Enhanced Global Dividend Trust (11.01), less than Western Asset Emerging Markets Debt Fund Inc. (1.41), less than Brookfield Real Assets Income Fund Inc. (1.20), less than Thornburg Income Builder Opportunities Trust (0.29), less than BlackRock Limited Duration Income Trust (0.99), less than Invesco Senior Income Trust (1.15), less than Invesco Value Municipal Income Trust (5.08), less than Invesco Municipal Opportunity Trust (4.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $618.83M | |
| 0.45 | $581.30M | |
| 11.01 | $649.41M | |
| 1.41 | $623.65M | |
| 1.20 | $728.81M | |
| 0.29 | $638.11M | |
| 0.99 | $532.54M | |
| 1.15 | $506.35M | |
| 5.08 | $591.18M | |
| 4.70 | $648.10M |
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