Invesco Municipal Cash And Equivalents vs. Return On Asset

VKQ Stock  USD 10.24  0.01  0.1%   
Taking into consideration Invesco Municipal's profitability measurements, Invesco Municipal's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Invesco Municipal's ability to earn profits and add value for shareholders. At this time, Invesco Municipal's Price To Sales Ratio is relatively stable compared to the past year. As of 12/04/2024, Days Sales Outstanding is likely to grow to 86.50, while Sales General And Administrative To Revenue is likely to drop 0.09. At this time, Invesco Municipal's Income Before Tax is relatively stable compared to the past year. As of 12/04/2024, Total Other Income Expense Net is likely to grow to about 10 M, though Change To Netincome is likely to grow to (92.9 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.950.9246
Fairly Up
Pretty Stable
Operating Profit Margin0.660.8728
Way Down
Pretty Stable
For Invesco Municipal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco Municipal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco Municipal Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco Municipal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco Municipal Trust over time as well as its relative position and ranking within its peers.
  
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Municipal. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.707
Dividend Share
0.517
Earnings Share
0.96
Revenue Per Share
0.772
Quarterly Revenue Growth
(0.01)
The market value of Invesco Municipal Trust is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Municipal's value that differs from its market value or its book value, called intrinsic value, which is Invesco Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Municipal's market value can be influenced by many factors that don't directly affect Invesco Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Invesco Municipal Trust Return On Asset vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Invesco Municipal's current stock value. Our valuation model uses many indicators to compare Invesco Municipal value to that of its competitors to determine the firm's financial worth.
Invesco Municipal Trust is rated below average in cash and equivalents category among its peers. It is rated below average in return on asset category among its peers . The ratio of Cash And Equivalents to Return On Asset for Invesco Municipal Trust is about  107,287,449 . As of 12/04/2024, Return On Assets is likely to grow to 0.05. Comparative valuation analysis is a catch-all technique that is used if you cannot value Invesco Municipal by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Invesco Return On Asset vs. Cash And Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Invesco Municipal

Cash

 = 

Bank Deposits

+

Liquidities

 = 
2.65 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Invesco Municipal

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0247
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Invesco Return On Asset Comparison

Invesco Municipal is currently under evaluation in return on asset category among its peers.

Invesco Municipal Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Invesco Municipal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Invesco Municipal will eventually generate negative long term returns. The profitability progress is the general direction of Invesco Municipal's change in net profit over the period of time. It can combine multiple indicators of Invesco Municipal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income37.6 M26.4 M
Income Before Tax47.1 M49.4 M
Total Other Income Expense Net9.5 M10 M
Net Income47.1 M49.4 M
Net Income From Continuing Ops47.1 M49.4 M
Net Income Applicable To Common Shares49.1 M51.5 M
Income Tax Expense37.6 M39.4 M
Interest Income43 M40.7 M
Net Interest Income28.8 M30.5 M
Change To Netincome-97.8 M-92.9 M
Net Income Per Share 0.85  0.45 
Income Quality 1.78  1.39 
Net Income Per E B T 0.90  0.80 

Invesco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Invesco Municipal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Invesco Municipal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Invesco Municipal's important profitability drivers and their relationship over time.

Use Invesco Municipal in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Municipal will appreciate offsetting losses from the drop in the long position's value.

Invesco Municipal Pair Trading

Invesco Municipal Trust Pair Trading Analysis

The ability to find closely correlated positions to Invesco Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Municipal Trust to buy it.
The correlation of Invesco Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Municipal Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Invesco Municipal position

In addition to having Invesco Municipal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Banks - Regional Thematic Idea Now

Banks - Regional
Banks - Regional Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks - Regional Theme or any other thematic opportunities.
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Additional Tools for Invesco Stock Analysis

When running Invesco Municipal's price analysis, check to measure Invesco Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Municipal is operating at the current time. Most of Invesco Municipal's value examination focuses on studying past and present price action to predict the probability of Invesco Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Municipal's price. Additionally, you may evaluate how the addition of Invesco Municipal to your portfolios can decrease your overall portfolio volatility.