FPL
Price:
$7.76
Market Cap:
$181.95M
First Trust New Opportunities MLP & Energy Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners LLC. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the energy and utilities sectors. The fund primarily invests in equity and debt securities of MLPs and MLP related entities, as well as in dividend paying growth stocks of other energy and energy utilities companies. It benchmarks the performance of its portfolio against the S&P 500 Index, Alerian MLP Total Return Index, and Wells Fargo Midstream MLP Total Return Index...[Read more]
Industry
Asset Management
IPO Date
2014-03-27
Stock Exchange
NYSE
Ticker
FPL
According to First Trust New Opportunities MLP & Energy Fund’s latest financial reports and current stock price. The company's current Current Ratio is 12.29. This represents a change of 1.47% compared to the average of 12.11 of the last 4 quarters.
The mean historical Current Ratio of First Trust New Opportunities MLP & Energy Fund over the last ten years is 8.72. The current 12.29 Current Ratio has changed 14.00% with respect to the historical average. Over the past ten years (40 quarters), FPL's Current Ratio was at its highest in in the April 2018 quarter at 241.59. The Current Ratio was at its lowest in in the October 2022 quarter at 1.22.
Average
8.72
Median
6.65
Minimum
0.64
Maximum
21.91
Discovering the peaks and valleys of First Trust New Opportunities MLP & Energy 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 = 904.34%
Maximum Annual Current Ratio = 21.91
Minimum Annual Increase = -94.41%
Minimum Annual Current Ratio = 0.64
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 12.29 | 904.34% |
| 2022 | 1.22 | -94.41% |
| 2021 | 21.91 | 591.94% |
| 2020 | 3.17 | -83.19% |
| 2019 | 18.84 | 89.93% |
| 2018 | 9.92 | -26.45% |
| 2017 | 13.49 | 484.92% |
| 2016 | 2.31 | -31.86% |
| 2015 | 3.38 | 426.41% |
The current Current Ratio of First Trust New Opportunities MLP & Energy Fund (FPL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
11.81
5-year avg
11.49
10-year avg
8.72
First Trust New Opportunities MLP & Energy Fund’s Current Ratio is greater than The New America High Income Fund Inc. (0.07), less than Allspring C&B Mid Cap Value Fund Admin Cl (0), less than Allspring C&B Mid Cap Value Fund Class A (0), greater than Allspring Discovery Large Cap Growth - A (0.06), greater than Calvert Mid-Cap Fund Class I (0), less than Nuveen Large Cap Growth Fund Class I (0), less than Nuveen Large Cap Growth Fund Class C (0), less than BMO Aggressive Allocation Fund- Class R6 (0), less than BMO Aggressive Allocation Fund- Class Y (0), greater than First Trust Dynamic Europe Equity Income Fund (10.20),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.07 | $191.67M | |
| 0 | $201.30M | |
| 0 | $201.30M | |
| 0.06 | $198.61M | |
| 0 | $179.02M | |
| 0 | $188.46M | |
| 0 | $188.46M | |
| 0 | $189.64M | |
| 0 | $189.64M | |
| 10.20 | $216.95M |
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What is the Current Ratio?
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What is First Trust New Opportunities MLP & Energy Fund's Current Ratio?
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