Financial 15 Split Corp.

Financial 15 Split Corp.verified

FNNCF

Price:

$6.09

Market Cap:

$469.42M

Financial 15 Split Corp. is an close ended equity mutual fund launched by Quadravest Inc. It is managed by Quadravest Capital Management Inc. It invests in the public equity markets of the United States and Canada. The fund primarily invests in stocks of companies operating in the financials sector. Financial 15 Split Corp. was formed on Nov 14, 2003 and is domiciled in the Canada.[Read more]

Industry

Asset Management

IPO Date

2021-01-08

Stock Exchange

PNK

Ticker

FNNCF

The Current Ratio as of September 2024 (TTM) for Financial 15 Split Corp. (FNNCF) is 1.81

According to Financial 15 Split Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.81. This represents a change of -29.76% compared to the average of 2.58 of the last 4 quarters.

Financial 15 Split Corp. (FNNCF) Historical Current Ratio (quarterly & annually)

How has FNNCF Current Ratio performed in the past?

The mean historical Current Ratio of Financial 15 Split Corp. over the last ten years is 17.55. The current 1.81 Current Ratio has changed 933.25% with respect to the historical average. Over the past ten years (40 quarters), FNNCF's Current Ratio was at its highest in in the November 2020 quarter at 121.65. The Current Ratio was at its lowest in in the August 2014 quarter at 0.14.

Quarterly (TTM)
Annual

Average

17.55

Median

5.57

Minimum

2.47

Maximum

121.65

Financial 15 Split Corp. (FNNCF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Financial 15 Split Corp. 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 = 1.24%

Maximum Annual Current Ratio = 121.65

Minimum Annual Increase = -94.48%

Minimum Annual Current Ratio = 2.47

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.09-54.78%
202211.2567.51%
20216.71-94.48%
2020121.651.24%
20199.1050.16%
20186.0660.82%
20173.77-18.35%
20164.6187.06%
20152.47-48.71%
20144.8183.42%

Financial 15 Split Corp. (FNNCF) Average Current Ratio

How has FNNCF Current Ratio performed in the past?

The current Current Ratio of Financial 15 Split Corp. (FNNCF) 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

7.68

5-year avg

30.76

10-year avg

17.55

Financial 15 Split Corp. (FNNCF) Current Ratio vs. Peers

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

Financial 15 Split Corp.’s Current Ratio is less than Dividend Growth Split Corp. (95.45), less than SEI Investments Company (6.32), less than Oxford Lane Capital Corp. (29.51), greater than Blackstone Inc. (0.42), less than North American Financial 15 Split Corp. (64.65), greater than Clough Global Equity Fund (0), greater than Morgan Stanley India Investment Fund, Inc. (0), less than State Street Corporation (2.90), greater than Invesco High Income 2024 Target Term Fund (0), less than Invesco High Income 2023 Target Term Fund (8.71), greater than Nuveen Multi-Market Income Fund (0),

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