FRA
Price:
$13.92
Market Cap:
$490.43M
BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.[Read more]
Industry
Asset Management - Income
IPO Date
2003-10-29
Stock Exchange
NYSE
Ticker
FRA
According to BlackRock Floating Rate Income Strategies Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.57. This represents a change of 9.29% compared to the average of 0.52 of the last 4 quarters.
The mean historical Current Ratio of BlackRock Floating Rate Income Strategies Fund, Inc. over the last ten years is 0.66. The current 0.57 Current Ratio has changed 8.44% with respect to the historical average. Over the past ten years (40 quarters), FRA's Current Ratio was at its highest in in the September 2022 quarter at 3.22. The Current Ratio was at its lowest in in the December 2023 quarter at 0.07.
Average
0.66
Median
0.36
Minimum
0.26
Maximum
2.79
Discovering the peaks and valleys of BlackRock Floating Rate Income Strategies 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 = 708.46%
Maximum Annual Current Ratio = 2.79
Minimum Annual Increase = -70.24%
Minimum Annual Current Ratio = 0.26
Year | Current Ratio | Change |
---|---|---|
2023 | 0.83 | -70.24% |
2022 | 2.79 | 708.46% |
2021 | 0.35 | 22.30% |
2020 | 0.28 | -25.90% |
2019 | 0.38 | 44.20% |
2018 | 0.26 | -13.27% |
2017 | 0.30 | 13.29% |
2016 | 0.27 | -58.62% |
2015 | 0.65 | 31.58% |
2014 | 0.49 | 553.91% |
The current Current Ratio of BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) 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
1.32
5-year avg
0.93
10-year avg
0.66
BlackRock Floating Rate Income Strategies Fund, Inc.’s Current Ratio is less than BlackRock Floating Rate Income Trust (0.99), less than Nuveen Floating Rate Income Opportunity Fund (0.99), less than Eaton Vance Floating-Rate Income Trust (1.03), greater than Eaton Vance Senior Floating-Rate Trust (0.10), less than Nuveen Floating Rate Income Fund (0.83),
Company | Current Ratio | Market cap |
---|---|---|
0.99 | $291.55M | |
0.99 | $319.46M | |
1.03 | $349.26M | |
0.10 | $377.57M | |
0.83 | $1.21B |
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What is the 5-year average Current Ratio for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)?
How does the current Current Ratio for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) compare to its historical average?