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Invesco Advantage Municipalome Trust II (Invesco Advantage Municipalome Trust II) Scaled Net Operating Assets : 0.65 (As of Aug. 2023)


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What is Invesco Advantage Municipalome Trust II Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Invesco Advantage Municipalome Trust II's operating assets for the quarter that ended in Aug. 2023 was $698.05 Mil. Invesco Advantage Municipalome Trust II's operating liabilities for the quarter that ended in Aug. 2023 was $232.67 Mil. Invesco Advantage Municipalome Trust II's Total Assets for the quarter that ended in Feb. 2023 was $717.27 Mil. Therefore, Invesco Advantage Municipalome Trust II's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2023 was 0.65.

Invesco Advantage Municipalome Trust II Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Invesco Advantage Municipalome Trust II's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2023 )
=(Operating Assets (A: Feb. 2023 )-Operating Liabilities (A: Feb. 2023 ))/Total Assets (A: Feb. 2022 )
=(703.456-228.025)/853.654
=0.56

where

Operating Assets(A: Feb. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=717.267 - 13.811
=703.456

Operating Liabilities(A: Feb. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=296.315 - 68.29 - 0
=228.025

Invesco Advantage Municipalome Trust II's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2023 )
=(Operating Assets (Q: Aug. 2023 )-Operating Liabilities (Q: Aug. 2023 ))/Total Assets (Q: Feb. 2023 )
=(698.048-232.667)/717.267
=0.65

where

Operating Assets(Q: Aug. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=700.985 - 2.937
=698.048

Operating Liabilities(Q: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=282.532 - 49.865 - 0
=232.667

* 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.

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Invesco Advantage Municipalome Trust II (Invesco Advantage Municipalome Trust II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Advantage Municipal Income Trust II (AMEX:VKI) » Definitions » Scaled Net Operating Assets
Comparable Companies
PPT DFP KMF MCI FFA AVK LEO BRW DPG TYG BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Website
https://www.invesco.com
Invesco Advantage Municipal Income Trust II is a diversified, closed-end management investment company. The investment objective of the company is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital.
Executives
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Timothy M O'reilly other: Portfolio Manager 1555 PEACHTREE STREET NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Rebecca Setcavage other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Josh Cooney other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Kevin M Carome director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309