IAF
Price:
$12.05
Market Cap:
$115.47M
The Abrdn Australia Equity Fund Inc. operates as a closed-end equity mutual fund, initially launched and managed by Aberdeen Standard Investments (Asia) Limited. Its current oversight is provided by Aberdeen Standard Investments Australia Limited. The fund's primary objective is to invest in the public equity markets of Australia, allocating capital across companies within diversified sectors. Its investment methodology employs a combination of fundamental analysis with both bottom-up and top-down stock picking. This approach involves a thorough assessment of various elements, including growth potential, competitive advantages in both local and export markets, technological capabilities, res...[Read more]
Industry
Asset Management
IPO Date
1985-12-16
Stock Exchange
AMEX
Ticker
IAF
According to Abrdn Australia Equity Fund Inc’s latest financial reports and current stock price. The company's current Current Ratio is 134.70. This represents a change of -1.54% compared to the average of 136.81 of the last 4 quarters.
The mean historical Current Ratio of Abrdn Australia Equity Fund Inc over the last ten years is 35.75. The current 134.70 Current Ratio has changed 37.58% with respect to the historical average. Over the past ten years (40 quarters), IAF's Current Ratio was at its highest in in the April 2025 quarter at 283.41. The Current Ratio was at its lowest in in the April 2010 quarter at 0.
Average
35.75
Median
1.46
Minimum
0
Maximum
134.70
Discovering the peaks and valleys of Abrdn Australia Equity 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 = Infinity%
Maximum Annual Current Ratio = 134.70
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 134.70 | 13.00% |
| 2024 | 119.20 | 1.01% |
| 2023 | 10.75 | -87.99% |
| 2022 | 89.54 | 4.45% |
| 2021 | 1.97 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 0.95 | 8.77% |
| 2018 | 0.01 | 78.47% |
| 2017 | 0.01 | -98.46% |
| 2016 | 0.39 | -15.31% |
The current Current Ratio of Abrdn Australia Equity Fund Inc (IAF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
88.22
5-year avg
71.23
10-year avg
35.75
Abrdn Australia Equity Fund Inc’s Current Ratio is greater than Western Asset Mortgage Opportunity Fund Inc. (0.04), greater than Touchstone International Equity Fund Class A (0), greater than Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (0), greater than Touchstone International Equity Fund Class Y (0), greater than Bancroft Fund Ltd. (88.59), greater than ProFunds Biotechnology UltraSector Fund Service Class (0), greater than John Hancock Investors Trust (1.15), greater than BlackRock Long-Term Municipal Advantage Trust (0.03), greater than Royce International Premier Fund Investment Cl (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.04 | $121.07M | |
| 0 | $182.88M | |
| 0 | $119.53M | |
| 0 | $182.49M | |
| 88.59 | $149.11M | |
| 0 | $142.10M | |
| 1.15 | $115.43M | |
| 0.03 | $130.64M | |
| 0 | $122.95M |
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