abrdn Global Income Fund, Inc.

abrdn Global Income Fund, Inc.verified

FCO

Price:

$5.82

Market Cap:

$78.07M

Abrdn Global Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets across the globe. It primarily invests in fixed-income securities denominated in the Commonwealth currencies and global debt securities. The fund benchmarks the performance of its portfolio against a composite index comprised of 20% Bank of America Merrill Lynch Australian Government Bonds Index, 20% Bank of America Merrill Lynch UK Government Bonds Index, 15% Bank of America Merrill Lynch Canadian Government...[Read more]

Industry

Asset Management - Income

IPO Date

1992-03-12

Stock Exchange

NYSE

Ticker

FCO

The Current Ratio as of September 2024 (TTM) for abrdn Global Income Fund, Inc. (FCO) is 23.05

According to abrdn Global Income Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 23.05. This represents a change of 188.55% compared to the average of 7.99 of the last 4 quarters.

abrdn Global Income Fund, Inc. (FCO) Historical Current Ratio (quarterly & annually)

How has FCO Current Ratio performed in the past?

The mean historical Current Ratio of abrdn Global Income Fund, Inc. over the last ten years is 7.46. The current 23.05 Current Ratio has changed 30.79% with respect to the historical average. Over the past ten years (40 quarters), FCO's Current Ratio was at its highest in in the July 2015 quarter at 24.43. The Current Ratio was at its lowest in in the January 2016 quarter at 0.30.

Quarterly (TTM)
Annual

Average

7.46

Median

3.64

Minimum

0.34

Maximum

24.43

abrdn Global Income Fund, Inc. (FCO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of abrdn Global Income 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 = 1.20%

Maximum Annual Current Ratio = 24.43

Minimum Annual Increase = -98.62%

Minimum Annual Current Ratio = 0.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
202323.051.20%
20221.77-49.49%
20213.51-45.63%
20206.45141.77%
20192.67-59.24%
20186.5573.88%
20173.771.02%
20160.34-98.62%
201524.431.07%
20142.09377.41%

abrdn Global Income Fund, Inc. (FCO) Average Current Ratio

How has FCO Current Ratio performed in the past?

The current Current Ratio of abrdn Global Income Fund, Inc. (FCO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

9.44

5-year avg

7.49

10-year avg

7.46

abrdn Global Income Fund, Inc. (FCO) Current Ratio vs. Peers

How is FCO’s Current Ratio compared to its peers?

abrdn Global Income Fund, Inc.’s Current Ratio is greater than Abrdn Australia Equity Fund Inc (0), greater than Western Asset Emerging Markets Debt Fund Inc. (0), greater than CBRE Global Real Estate Income Fund (0), greater than Credit Suisse High Yield Bond Fund, Inc. (0.13), greater than Abrdn Japan Equity Fund Inc (0.13), greater than Tortoise Energy Independence Fund, Inc. (0), greater than The European Equity Fund, Inc. (0), greater than The New Germany Fund, Inc. (0), greater than Virtus Stone Harbor Emerging Markets Income Fund (0), greater than Virtus Global Multi-Sector Income Fund (0), greater than Miller/Howard High Income Equity Fund (0), greater than The Cushing MLP & Infrastructure Total Return Fund (0), greater than Virtus Stone Harbor Emerging Markets Total Income Fund (6.24), greater than Clough Global Opportunities Fund (0.99), greater than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0), greater than Cornerstone Total Return Fund, Inc. (0),

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