abrdn Global Income Fund, Inc.

abrdn Global Income Fund, Inc.verified

FCO

Price:

$6.02

Market Cap:

$80.75M

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 December 2024 (TTM) for abrdn Global Income Fund, Inc. (FCO) is 0

According to abrdn Global Income Fund, Inc.’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 2.23 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 5.16. The current 0 Current Ratio has changed -100.00% 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 October 2023 quarter at 0.

Quarterly (TTM)
Annual

Average

5.16

Median

3.09

Minimum

0

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 = 1.07%

Maximum Annual Current Ratio = 24.43

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
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 less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.76

5-year avg

2.88

10-year avg

5.16

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 less than Abrdn Australia Equity Fund Inc (0), less than Western Asset Emerging Markets Debt Fund Inc. (0), less than CBRE Global Real Estate Income Fund (0.04), less than Credit Suisse High Yield Bond Fund, Inc. (0.13), less than Abrdn Japan Equity Fund Inc (0.13), less than Tortoise Energy Independence Fund, Inc. (0), less than The European Equity Fund, Inc. (1.37), less than The New Germany Fund, Inc. (0.09), less than Virtus Stone Harbor Emerging Markets Income Fund (0), less than Virtus Global Multi-Sector Income Fund (0), less than Miller/Howard High Income Equity Fund (0), less than The Cushing MLP & Infrastructure Total Return Fund (0), less than Virtus Stone Harbor Emerging Markets Total Income Fund (6.24), less than Clough Global Opportunities Fund (0), less than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0), less than Cornerstone Total Return Fund, Inc. (0),

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