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Invesco Highome Trust II (Invesco Highome Trust II) Net Cash per Share : $-5.31 (As of Aug. 2023)


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What is Invesco Highome Trust II Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Invesco Highome Trust II's Net Cash per Share for the quarter that ended in Aug. 2023 was $-5.31.

The historical rank and industry rank for Invesco Highome Trust II's Net Cash per Share or its related term are showing as below:

VLT's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.635
* Ranked among companies with meaningful Price-to-Net-Cash only.

Invesco Highome Trust II Net Cash per Share Historical Data

The historical data trend for Invesco Highome Trust II's Net Cash per Share 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 Net Cash per Share Chart

Invesco Highome Trust II Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Cash per Share
Get a 7-Day Free Trial -6.14 -6.46 -5.52 -4.77 -5.09

Invesco Highome Trust II Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.14 -4.77 -4.79 -5.09 -5.31

Competitive Comparison of Invesco Highome Trust II's Net Cash per Share

For the Asset Management subindustry, Invesco Highome Trust II's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Invesco Highome Trust II's Price-to-Net-Cash falls into.



Invesco Highome Trust II Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Invesco Highome Trust II's Net Cash per Share for the fiscal year that ended in Feb. 2023 is calculated as

Net Cash per Share (A: Feb. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.103+0-33.189-0)/6.49804
=-5.09

Invesco Highome Trust II's Net Cash per Share for the quarter that ended in Aug. 2023 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 Highome Trust II  (NYSE:VLT) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Invesco Highome Trust II Net Cash per Share Related Terms

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

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street North East, Suite 1800, Atlanta, GA, USA, 30309
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

Invesco Highome Trust II (Invesco Highome Trust II) Headlines