The Gabelli Equity Trust Inc.

The Gabelli Equity Trust Inc.verified

GAB

Price:

$5.42

Market Cap:

$1.58B

The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Co...[Read more]

Industry

Asset Management

IPO Date

1986-08-14

Stock Exchange

NYSE

Ticker

GAB

The Current Ratio as of December 2024 (TTM) for The Gabelli Equity Trust Inc. (GAB) is 0

According to The Gabelli Equity Trust 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 3.86 of the last 4 quarters.

The Gabelli Equity Trust Inc. (GAB) Historical Current Ratio (quarterly & annually)

How has GAB Current Ratio performed in the past?

The mean historical Current Ratio of The Gabelli Equity Trust Inc. over the last ten years is 2.07. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), GAB's Current Ratio was at its highest in in the June 2021 quarter at 12.90. The Current Ratio was at its lowest in in the June 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

2.07

Median

1.71

Minimum

1.02

Maximum

4.33

The Gabelli Equity Trust Inc. (GAB) Current Ratio by Quarter and Year

Discovering the peaks and valleys of The Gabelli Equity Trust 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 = 145.14%

Maximum Annual Current Ratio = 4.33

Minimum Annual Increase = -50.40%

Minimum Annual Current Ratio = 1.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.53-28.83%
20222.15-50.40%
20214.3333.95%
20203.23109.07%
20191.5551.64%
20181.02-45.44%
20171.87-29.92%
20162.67145.14%
20151.09-11.39%
20141.23-19.60%

The Gabelli Equity Trust Inc. (GAB) Average Current Ratio

How has GAB Current Ratio performed in the past?

The current Current Ratio of The Gabelli Equity Trust Inc. (GAB) 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

2.67

5-year avg

2.56

10-year avg

2.07

The Gabelli Equity Trust Inc. (GAB) Current Ratio vs. Peers

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

The Gabelli Equity Trust Inc.’s Current Ratio is less than The Gabelli Utility Trust (0.06), less than The Gabelli Multimedia Trust Inc. (1.11), less than The Gabelli Healthcare & Wellness Trust (0), less than Liberty All-Star Equity Fund (0), less than Liberty All-Star Growth Fund, Inc. (0),

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