Premium Income Corporation
PIC-A.TO
Price:
$8.7
Market Cap:
$138.10M
Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Ca...[Read more]
Industry
Asset Management - Income
IPO Date
1998-06-03
Stock Exchange
TSX
Ticker
PIC-A.TO
PE Ratio
[2.50]
ROE
[27.36%]
Current Ratio
[49.43]
Dividend Yield
[11.03%]
Enterprise Value
[384.02M]
Dividend History
The Current Ratio as of December 2025 (TTM) for Premium Income Corporation (PIC-A.TO) is 49.43
According to Premium Income Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 49.43. This represents a change of -58.22% compared to the average of 118.33 of the last 4 quarters.
Premium Income Corporation (PIC-A.TO) Historical Current Ratio (quarterly & annually)
How has PIC-A.TO Current Ratio performed in the past?
The mean historical Current Ratio of Premium Income Corporation over the last ten years is 1.94. The current 49.43 Current Ratio has changed 254.18% with respect to the historical average. Over the past ten years (40 quarters), PIC-A.TO's Current Ratio was at its highest in in the October 2024 quarter at 399.96. The Current Ratio was at its lowest in in the April 2007 quarter at 0.
Average
1.94
Median
0.23
Minimum
0.01
Maximum
12.49
Premium Income Corporation (PIC-A.TO) Current Ratio by Quarter and Year
Discovering the peaks and valleys of Premium Income Corporation 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 = 10.24%
Maximum Annual Current Ratio = 12.49
Minimum Annual Increase = -99.71%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.42 | 1.08% |
| 2023 | 0.04 | -99.71% |
| 2022 | 12.49 | 1.60% |
| 2021 | 0.74 | 4.09% |
| 2020 | 0.02 | -19.92% |
| 2019 | 0.02 | -98.88% |
| 2018 | 1.96 | 10.24% |
| 2017 | 0.02 | 42.76% |
| 2016 | 0.01 | -99.64% |
| 2015 | 3.72 | -67.44% |
Premium Income Corporation (PIC-A.TO) Average Current Ratio
How has PIC-A.TO Current Ratio performed in the past?
The current Current Ratio of Premium Income Corporation (PIC-A.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.32
5-year avg
2.74
10-year avg
1.94
Premium Income Corporation (PIC-A.TO) Current Ratio vs. Peers
How is PIC-A.TO’s Current Ratio compared to its peers?
Premium Income Corporation’s Current Ratio is greater than Dividend 15 Split Corp. (1.65), greater than Canadian Life Companies Split Corp. (6.97), greater than Real Estate Split Corp. (2.14), greater than DMG Blockchain Solutions Inc. (3.48), greater than Base Carbon Inc. (42.30), greater than Pinetree Capital Ltd. (5.04), greater than Goldmoney Inc. (1.03), greater than Stack Capital Group Inc. (1.12), greater than Global Dividend Growth Split Corp. (0), greater than Sol Strategies Inc. (0.17),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.65 | $958.65M | |
| 6.97 | $105.67M | |
| 2.14 | $105.62M | |
| 3.48 | $60.97M | |
| 42.30 | $106.43M | |
| 5.04 | $113.96M | |
| 1.03 | $141.72M | |
| 1.12 | $164.93M | |
| 0 | $192.49M | |
| 0.17 | $84.46M |
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Frequently asked questions❓
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