What is India Fund Financial Strength?
India Fund has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
India Fund Inc shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate India Fund's interest coverage with the available data.
India Fund's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00.
Altman Z-Score does not apply to banks and insurance companies.
India Fund Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
India Fund's Interest Expense for the
months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the
months ended in Dec. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.
India Fund's Interest Coverage for the quarter that ended in Dec. 2023 is
| India Fund had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
India Fund Inc has no debt.
2. Debt to revenue ratio. The lower, the better.
India Fund's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
India Fund (India Fund) Business Description
Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
India Fund Inc is an asset management company. The fund's investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in the equity securities of Indian companies. The company's portfolio is non-diversified closed-end management investment company across various sectors such as financials, consumer staples, information technology, materials, healthcare, consumer discretionary, industrials, telecommunication services, utilities and others. Geographically, all the business activity functions through the market of United States.
Executives
| Katie Lynn Gebauer |
officer: Vice President |
C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
| Katherine A. Corey |
officer: Vice President |
1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
| Ai Hua Aik |
other: Director of Investment Manager |
1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
| Alan R Goodson |
director, officer: President |
1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103 |
| Brian Kordeck |
officer: Vice President |
C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103 |
| Michael Marsico |
officer: Vice President |
C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103 |
| Robert W. Hepp |
officer: Vice President |
C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103 |
| Andrew Wonil Kim |
officer: Vice President |
C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103 |
| Heather Hasson |
officer: Vice President |
C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
| Rene Buehlmann |
other: CEO/Director of Invest. Mngr. |
C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
| James Joseph O'connor |
officer: Vice President |
C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103 |
| Matthew Keener |
officer: Assistant Secretary |
C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103 |
| Chris Demetriou |
officer: Vice President |
1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103 |
| Adam Mccabe |
other: Director of Adviser |
1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103 |
| Andrew Peter Hendry |
other: Director of Adviser |
C/O ABERDEEN STANDARD INVESTMENTS, 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103 |
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