The New Germany Fund, Inc.

The New Germany Fund, Inc.verified

GF

Price:

$7.97

Market Cap:

$130.63M

The New Germany Fund Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Germany. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid cap companies. The fund benchmarks the performance of its portfolio against the Midcap Market Performance Index. The New Germany Fund Inc. was formed on January 16, 1990 and is domiciled in Germany.[Read more]

Industry

Asset Management

IPO Date

1990-01-25

Stock Exchange

NYSE

Ticker

GF

The Current Ratio as of November 2024 (TTM) for The New Germany Fund, Inc. (GF) is 0.09

According to The New Germany Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.09. This represents a change of -68.41% compared to the average of 0.28 of the last 4 quarters.

The New Germany Fund, Inc. (GF) Historical Current Ratio (quarterly & annually)

How has GF Current Ratio performed in the past?

The mean historical Current Ratio of The New Germany Fund, Inc. over the last ten years is 0.20. The current 0.09 Current Ratio has changed 4.21% with respect to the historical average. Over the past ten years (40 quarters), GF's Current Ratio was at its highest in in the June 2019 quarter at 2.74. The Current Ratio was at its lowest in in the December 2021 quarter at 0.00.

Quarterly (TTM)
Annual

Average

0.20

Median

0.01

Minimum

0.00

Maximum

0.90

The New Germany Fund, Inc. (GF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of The New Germany 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 = 6.76%

Maximum Annual Current Ratio = 0.90

Minimum Annual Increase = -99.94%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.906.76%
20220.015.11%
20210.00-97.81%
20200.0187.74%
20190.01270.86%
20180.00388.43%
20170.00-99.94%
20160.5515.63%
20150.47516.74%
20140.08-53.10%

The New Germany Fund, Inc. (GF) Average Current Ratio

How has GF Current Ratio performed in the past?

The current Current Ratio of The New Germany Fund, Inc. (GF) 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

0.31

5-year avg

0.19

10-year avg

0.20

The New Germany Fund, Inc. (GF) Current Ratio vs. Peers

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

The New Germany Fund, Inc.’s Current Ratio is less than First Trust Dynamic Europe Equity Income Fund (10.20), less than Eagle Point Income Company Inc. (11.24), greater than Western Asset High Yield Defined Opportunity Fund Inc. (0), less than Nuveen New York Municipal Value Fund (6.30), less than Western Asset High Income Opportunity Fund Inc. (0.65), greater than Western Asset Global Corporate Defined Opportunity Fund Inc. (0), greater than Western Asset Global High Income Fund Inc. (0.06), less than The European Equity Fund, Inc. (1.37), less than John Hancock Investments - John Hancock Tax-Advantaged Global Shareholder Yield Fund (1.97), less than MFS High Yield Municipal Trust (4.15), less than MFS High Income Municipal Trust (4.29), less than MFS Multimarket Income Trust (0.09), less than MFS Intermediate Income Trust (0.96), greater than BlackRock MuniHoldings Quality Fund II, Inc. (-1.40), less than The Korea Fund, Inc. (2.29), less than Abrdn Japan Equity Fund Inc (0.13), less than The Swiss Helvetia Fund Inc. (66.35), greater than The Taiwan Fund, Inc. (0), greater than AURELIUS Equity Opportunities SE & Co. KGaA (0), less than Neuberger Berman California Municipal Fund Inc. (1.98), less than AGF Management Limited (1.19),

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