Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Invesco Bond Fund's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $184.40 Mil. Invesco Bond Fund's Total Assets for the quarter that ended in Feb. 2024 was $195.43 Mil.
Therefore, Invesco Bond Fund's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.94.
The historical rank and industry rank for Invesco Bond Fund's Equity-to-Asset or its related term are showing as below:
VBF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.94 Med: 0.98 Max: 0.99
Current: 0.94
During the past 7 years, the highest Equity to Asset Ratio of Invesco Bond Fund was 0.99. The lowest was 0.94. And the median was 0.98.
VBF's Equity-to-Asset is ranked better than 69.36% of 1723
companies
in the Asset Management industry
Industry Median: 0.83
vs VBF: 0.94
Invesco Bond Fund Equity-to-Asset Historical Data
The historical data trend for Invesco Bond Fund's Equity-to-Asset 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.
Competitive Comparison of Invesco Bond Fund's Equity-to-Asset
For the Asset Management subindustry, Invesco Bond Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Bond Fund's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Invesco Bond Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Invesco Bond Fund's Equity-to-Asset falls into.
Invesco Bond Fund Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Invesco Bond Fund's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as
* 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.
Invesco Bond Fund (NYSE:VBF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Invesco Bond Fund Equity-to-Asset Related Terms
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Invesco Bond Fund (Invesco Bond Fund) Business Description
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