MEFIX
Price:
$16.49
Market Cap:
$294.00M
The investment seeks long-term capital appreciation. Under normal market conditions, the fund pursues its objective by investing at least 80% of its net assets plus borrowings for investment purposes, if any, in securities of issuers with substantial economic ties to one or more emerging market countries and other investments with similar economic characteristics. It is non-diversified.
Industry
Asset Management
IPO Date
2015-05-29
Stock Exchange
NASDAQ
Ticker
MEFIX
According to ClearBridge Emerging Markets Fund - Class FI’s latest financial reports and current stock price. The company's current Current Ratio is 0.08. This represents a change of -56.20% compared to the average of 0.19 of the last 4 quarters.
The mean historical Current Ratio of ClearBridge Emerging Markets Fund - Class FI over the last ten years is 1.65. The current 0.08 Current Ratio has changed 413.33% with respect to the historical average. Over the past ten years (40 quarters), MEFIX's Current Ratio was at its highest in in the November 2017 quarter at 5.78. The Current Ratio was at its lowest in in the May 2022 quarter at 0.07.
Average
1.65
Median
0.73
Minimum
0.07
Maximum
5.69
Discovering the peaks and valleys of ClearBridge Emerging Markets Fund - Class FI 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 = 199.23%
Maximum Annual Current Ratio = 5.69
Minimum Annual Increase = -85.98%
Minimum Annual Current Ratio = 0.07
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.08 | 24.34% |
| 2022 | 0.07 | -77.19% |
| 2021 | 0.30 | 180.37% |
| 2020 | 0.11 | -34.80% |
| 2019 | 0.16 | -85.98% |
| 2018 | 1.16 | -74.33% |
| 2017 | 4.53 | 199.23% |
| 2016 | 1.51 | -46.98% |
| 2015 | 2.86 | -49.79% |
| 2014 | 5.69 | 183.35% |
The current Current Ratio of ClearBridge Emerging Markets Fund - Class FI (MEFIX) 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
0.15
5-year avg
0.14
10-year avg
1.65
ClearBridge Emerging Markets Fund - Class FI’s Current Ratio is less than Martin Currie Emerging Markets Fund Class IS (0.08), greater than Martin Currie Emerging Markets Fund Class I (0), greater than American Century Utilities Fund Investor Class (0), greater than PGIM Jennison Focused Value Fund- Class R6 (0), greater than PGIM Jennison Focused Value Fund- Class A (0), greater than Heartland Value Plus Fund Insti Class Shs (0), greater than Small Cap Growth Fund Class Y (0), greater than Heartland Value Plus Fund Investor Class Shs (0), less than Calamos Long/Short Equity & Dynamic Income Term Trust (2.20), greater than Schwab Target 2020 Index Fund Institutional Shares (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.08 | $293.65M | |
| 0 | $294.00M | |
| 0 | $292.37M | |
| 0 | $285.89M | |
| 0 | $285.89M | |
| 0 | $295.38M | |
| 0 | $295.00M | |
| 0 | $295.38M | |
| 2.20 | $292.03M | |
| 0 | $287.71M |
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What is the Current Ratio?
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What is ClearBridge Emerging Markets Fund - Class FI's Current Ratio?
How is the Current Ratio calculated for ClearBridge Emerging Markets Fund - Class FI (MEFIX)?
What is the highest Current Ratio for ClearBridge Emerging Markets Fund - Class FI (MEFIX)?
What is the 3-year average Current Ratio for ClearBridge Emerging Markets Fund - Class FI (MEFIX)?
What is the 5-year average Current Ratio for ClearBridge Emerging Markets Fund - Class FI (MEFIX)?
How does the current Current Ratio for ClearBridge Emerging Markets Fund - Class FI (MEFIX) compare to its historical average?