American Funds American Balanced Fund Class A ABALX NASDAQ

American Funds American Balanced Fund Class A (ABALX) generated $127.97M in operating cash flow for fiscal year 2023. After capital expenditures of $37.66M, free cash flow was $90.31M.

Free cash flow margin was 10.8% of revenue. Cash conversion ratio was 2.1x, indicating earnings are backed by cash.

Criteria supported by this page:

• HEALTH (100/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (54/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (45/100) — Cash conversion ratio was 2.1x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 81/100 with 4/7 criteria passed.