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Invesco Highome Trust II (Invesco Highome Trust II) Total Assets : $109.25 Mil (As of Aug. 2023)


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What is Invesco Highome Trust II Total Assets?

Invesco Highome Trust II's Total Assets for the quarter that ended in Aug. 2023 was $109.25 Mil.

During the past 3 years, the average Total Assets Growth Rate was -8.00% per year. During the past 5 years, the average Total Assets Growth Rate was -9.80% per year.

During the past 6 years, Invesco Highome Trust II's highest 3-Year average Total Assets Growth Rate was -8.00%. The lowest was -11.50%. And the median was -9.10%.

Total Assets is connected with ROA %. Invesco Highome Trust II's annualized ROA % for the quarter that ended in Aug. 2023 was 5.27%. Total Assets is also linked to Revenue through Asset Turnover. Invesco Highome Trust II's Asset Turnover for the quarter that ended in Aug. 2023 was 0.03.


Invesco Highome Trust II Total Assets Historical Data

The historical data trend for Invesco Highome Trust II's Total Assets 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 Total Assets Chart

Invesco Highome Trust II Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Assets
Get a 7-Day Free Trial 175.36 140.32 133.26 121.56 108.43

Invesco Highome Trust II Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 131.81 121.56 108.82 108.43 109.25

Invesco Highome Trust II Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Invesco Highome Trust II's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets=Total Equity (A: Feb. 2023 )+Total Liabilities (A: Feb. 2023 )
=75.24+33.189
=108.43

Invesco Highome Trust II's Total Assets for the quarter that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (Q: Aug. 2023 )+Total Liabilities (Q: Aug. 2023 )
=74.351+34.904
=109.26

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

Invesco Highome Trust II's annualized ROA % for the quarter that ended in Aug. 2023 is

ROA %=Net Income (Q: Aug. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=5.738/( (108.428+109.254)/ 2 )
=5.738/108.841
=5.27 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Invesco Highome Trust II's Asset Turnover for the quarter that ended in Aug. 2023 is

Asset Turnover
=Revenue (Q: Aug. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=2.984/( (108.428+109.254)/ 2 )
=2.984/108.841
=0.03

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Invesco Highome Trust II Total Assets 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

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