XFLT
Price:
$4.61
Market Cap:
$351.07M
XAI Octagon Floating Rate Alternative Income Term Trust is a diversified, closed-end management investment company. It invests invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. The company was founded on September 27, 2017 and is headquartered in Chicago, IL.
Industry
Asset Management - Income
IPO Date
2017-10-09
Stock Exchange
NYSE
Ticker
XFLT
According to XAI Octagon Floating Rate & Alternative Income Term Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 0.29 of the last 4 quarters.
The mean historical Current Ratio of XAI Octagon Floating Rate & Alternative Income Term Trust over the last ten years is 385.83. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), XFLT's Current Ratio was at its highest in in the March 2023 quarter at 1.43. The Current Ratio was at its lowest in in the March 2025 quarter at 0.
Average
385.83
Median
0.68
Minimum
0.14
Maximum
3.08K
Discovering the peaks and valleys of XAI Octagon Floating Rate & Alternative Income Term Trust 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 = 304.60%
Maximum Annual Current Ratio = 3.08K
Minimum Annual Increase = -99.98%
Minimum Annual Current Ratio = 0.14
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.14 | -76.90% |
| 2023 | 0.60 | -37.49% |
| 2022 | 0.95 | 304.60% |
| 2021 | 0.24 | -69.92% |
| 2020 | 0.78 | 35.68% |
| 2019 | 0.58 | -24.13% |
| 2018 | 0.76 | -99.98% |
The current Current Ratio of XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) 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
0.56
5-year avg
0.54
10-year avg
385.83
XAI Octagon Floating Rate & Alternative Income Term Trust’s Current Ratio is less than Western Asset High Income Fund II Inc. (2.19), less than Invesco Advantage Municipal Income Trust II (5.41), less than Western Asset High Income Opportunity Fund Inc. (1.47), less than American Century One Choice Portfolio: Very Conservative Investor Clas (0), less than Madison Large Cap Fund Class Y (0.55), less than Madison Large Cap Fund Class A (0), less than William Blair Emerging Markets Small Cap Growth Fund R6 Class (0), less than William Blair Emerging Markets Small Cap Growth Fund Class I (0), less than William Blair Emerging Markets Small Cap Growth Fund Class N (0), less than Virtus Convertible & Income Fund II (5.21),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.19 | $377.39M | |
| 5.41 | $389.00M | |
| 1.47 | $360.43M | |
| 0 | $371.02M | |
| 0.55 | $374.95M | |
| 0 | $374.84M | |
| 0 | $380.10M | |
| 0 | $380.42M | |
| 0 | $380.42M | |
| 5.21 | $266.21M |
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