IFN
Price:
$13.95
Market Cap:
$561.97M
The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The India Fund, Inc. was formed on December 27, 1993 and is domiciled in the Singapore.
Industry
Asset Management
IPO Date
1994-02-15
Stock Exchange
NYSE
Ticker
IFN
According to The India Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.80. This represents a change of 177.81% compared to the average of 1.73 of the last 4 quarters.
The mean historical Current Ratio of The India Fund, Inc. over the last ten years is 0.23. The current 4.80 Current Ratio has changed 212.45% with respect to the historical average. Over the past ten years (40 quarters), IFN's Current Ratio was at its highest in in the June 2017 quarter at 12.51. The Current Ratio was at its lowest in in the December 2022 quarter at 0.00.
Average
0.23
Median
0.10
Minimum
0
Maximum
0.88
Discovering the peaks and valleys of The India 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 = 0.88
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.07 | -88.13% |
| 2023 | 0.63 | 132.80% |
| 2022 | 0.27 | 56.13% |
| 2021 | 0.17 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 0.88 | 3.20% |
| 2018 | 0.03 | 356.11% |
| 2017 | 0.01 | -92.90% |
| 2016 | 0.08 | -27.50% |
| 2015 | 0.11 | 4.20% |
The current Current Ratio of The India Fund, Inc. (IFN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.32
5-year avg
0.23
10-year avg
0.23
The India Fund, Inc.’s Current Ratio is greater than Adams Natural Resources Fund, Inc. (1.21), less than Alger Focus Equity Fund (0), greater than BlackRock MuniHoldings New Jersey Quality Fund, Inc. (0), greater than BlackRock Debt Strategies Fund, Inc. (0.07), greater than BlackRock MuniHoldings Fund, Inc. (0.06), greater than Diamond Hill All Cap Select Fund (0), greater than Hartford Moderately Aggressive Allocation Fund-A (0), greater than American Beacon International Equity Fund (0), greater than Leuthold Core Investment Fund (2.53), less than Nuveen Municipal Credit Opportunities Fund (4.98),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.21 | $585.90M | |
| 0 | $591.51M | |
| 0 | $639.28M | |
| 0.07 | $561.30M | |
| 0.06 | $610.58M | |
| 0 | $584.17M | |
| 0 | $574.61M | |
| 0 | $602.76M | |
| 2.53 | $566.69M | |
| 4.98 | $586.93M |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for The India Fund, Inc. (IFN)?
What is the 5-year average Current Ratio for The India Fund, Inc. (IFN)?
How does the current Current Ratio for The India Fund, Inc. (IFN) compare to its historical average?