HGLB
Price:
$7.54
Market Cap:
$172.33M
Highland Global Allocation Fund acts as closed-end investment fund. Its investment objective of the fund is to seek long-term growth of capital and future income. The fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt and money market securities. The company was founded on April 9, 2013 and is headquartered in Dallas, Texas.[Read more]
Industry
Asset Management - Global
IPO Date
2019-03-01
Stock Exchange
NYSE
Ticker
HGLB
According to Highland Global Allocation Fund’s latest financial reports and current stock price. The company's current Current Ratio is 104.42. This represents a change of -6.11% compared to the average of 111.21 of the last 4 quarters.
The mean historical Current Ratio of Highland Global Allocation Fund over the last ten years is 84.52. The current 104.42 Current Ratio has changed 12.25% with respect to the historical average. Over the past ten years (40 quarters), HGLB's Current Ratio was at its highest in in the March 2020 quarter at 464.79. The Current Ratio was at its lowest in in the March 2021 quarter at 0.
Average
84.52
Median
73.04
Minimum
2.02
Maximum
195.57
Discovering the peaks and valleys of Highland Global Allocation Fund 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 = 2.25%
Maximum Annual Current Ratio = 195.57
Minimum Annual Increase = -46.61%
Minimum Annual Current Ratio = 2.02
Year | Current Ratio | Change |
---|---|---|
2023 | 104.42 | -46.61% |
2022 | 195.57 | 167.74% |
2021 | 73.04 | 53.66% |
2020 | 47.54 | 2.25% |
The current Current Ratio of Highland Global Allocation Fund (HGLB) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
124.34
5-year avg
84.52
10-year avg
84.52
Highland Global Allocation Fund’s Current Ratio is greater than PIMCO Energy and Tactical Credit Opportunities Fund (0.59), greater than Neuberger Berman Next Generation Connectivity Fund Inc. (0), greater than DoubleLine Yield Opportunities Fund (0), greater than DoubleLine Income Solutions Fund (0), greater than Clough Global Equity Fund (0), greater than Virtus Convertible & Income Fund (0.36), greater than Virtus Convertible & Income 2024 Target Term Fund (2.04), greater than MFS Investment Grade Municipal Trust (3.11), greater than Eaton Vance Senior Income Trust (0.27), greater than High Income Securities Fund (0), greater than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0), greater than Cornerstone Total Return Fund, Inc. (0), greater than Oxford Lane Capital Corp. (0), greater than Horizon Technology Finance Corporation (0.81), greater than Brookfield Real Assets Income Fund Inc. (0), greater than Guggenheim Strategic Opportunities Fund (0), greater than Cornerstone Strategic Value Fund, Inc. (0), greater than abrdn Global Premier Properties Fund (0.03), greater than Cohen & Steers Quality Income Realty Fund, Inc. (0), greater than Cohen & Steers REIT and Preferred Income Fund, Inc. (0.05), greater than Neuberger Berman Real Estate Securities Income Fund Inc. (0), greater than Eaton Vance Tax-Managed Diversified Equity Income Fund (0.19),
Company | Current Ratio | Market cap |
---|---|---|
0.59 | $905.76M | |
0 | $1.03B | |
0 | $783.43M | |
0 | $1.31B | |
0 | $128.05M | |
0.36 | $330.77M | |
2.04 | $167.75M | |
3.11 | $66.38M | |
0.27 | $111.63M | |
0 | $197.80M | |
0 | $194.35M | |
0 | $921.86M | |
0 | $1.81B | |
0.81 | $353.60M | |
0 | $693.92M | |
0 | $2.17B | |
0 | $2.06B | |
0.03 | $370.67M | |
0 | $1.83B | |
0.05 | $1.10B | |
0 | $181.35M | |
0.19 | $2.34B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Highland Global Allocation Fund using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Highland Global Allocation Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Highland Global Allocation Fund's Current Ratio?
How is the Current Ratio calculated for Highland Global Allocation Fund (HGLB)?
What is the highest Current Ratio for Highland Global Allocation Fund (HGLB)?
What is the 3-year average Current Ratio for Highland Global Allocation Fund (HGLB)?
What is the 5-year average Current Ratio for Highland Global Allocation Fund (HGLB)?
How does the current Current Ratio for Highland Global Allocation Fund (HGLB) compare to its historical average?