Invesco Highome Trust II (Invesco Highome Trust II) Debt-to-Equity : 0.41 (As of Aug. 2023)

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What is Invesco Highome Trust II Debt-to-Equity?

Invesco Highome Trust II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.00 Mil. Invesco Highome Trust II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $30.55 Mil. Invesco Highome Trust II's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $74.35 Mil. Invesco Highome Trust II's debt to equity for the quarter that ended in Aug. 2023 was 0.41.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Invesco Highome Trust II's Debt-to-Equity or its related term are showing as below:

VLT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.37 Max: 0.44
Current: 0.41

During the past 6 years, the highest Debt-to-Equity Ratio of Invesco Highome Trust II was 0.44. The lowest was 0.31. And the median was 0.37.

VLT's Debt-to-Equity is ranked worse than
67.52% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs VLT: 0.41

Invesco Highome Trust II Debt-to-Equity Historical Data

The historical data trend for Invesco Highome Trust II's Debt-to-Equity can be seen below:

* 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.

* Premium members only.

Invesco Highome Trust II Debt-to-Equity Chart

Invesco Highome Trust II Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Equity

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0.38

0.44

0.31

0.34

0.41

Invesco Highome Trust II Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Debt-to-Equity	Get a 7-Day Free Trial								0.31	0.34	0.39	0.41	0.41

Competitive Comparison of Invesco Highome Trust II's Debt-to-Equity

For the Asset Management subindustry, Invesco Highome Trust II's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Invesco Highome Trust II's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Highome Trust II's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Invesco Highome Trust II's Debt-to-Equity falls into.

Invesco Highome Trust II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Invesco Highome Trust II's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	30.55)	/	75.24
	=	0.41

Invesco Highome Trust II's Debt to Equity Ratio for the quarter that ended in Aug. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	30.55)	/	74.351
	=	0.41

Invesco Highome Trust II (NYSE:VLT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Invesco Highome Trust II Debt-to-Equity Related Terms

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Invesco Highome Trust II (Invesco Highome Trust II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco High Income Trust II (NYSE:VLT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1555 Peachtree Street North East, Suite 1800, Atlanta, GA, USA, 30309

Website

https://www.invesco.com

Invesco High Income Trust II is a diversified, closed-end management investment company. Its investment objective is to provide high current income, while seeking to preserve shareholders' capital through investment in a professionally managed, diversified portfolio of high-income producing fixed-income securities.

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
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
Philip Susser	other: Portfolio Manager	WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Rahim Shad	other: Portfolio Manager	1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes	officer: Vice President,PFO & Treasurer	1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Niklas Nordenfelt	other: Portfolio Manager	1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes	officer: SMD and CFO	780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Loren M Starr	director
Annette Lege	director, officer: CFO & CAO	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome	director