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Invesco Dynamic Credit Opportunities Fund (Invesco Dynamic Credit Opportunities Fund) Net Income : $153.1 Mil (TTM As of Aug. 2021)


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What is Invesco Dynamic Credit Opportunities Fund Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Invesco Dynamic Credit Opportunities Fund's Net Income for the six months ended in Aug. 2021 was $56.3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Aug. 2021 was $153.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Invesco Dynamic Credit Opportunities Fund's Earnings per Share (Diluted) for the six months ended in Aug. 2021 was $0.89.


Invesco Dynamic Credit Opportunities Fund Net Income Historical Data

The historical data trend for Invesco Dynamic Credit Opportunities Fund's Net Income 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 Dynamic Credit Opportunities Fund Net Income Chart

Invesco Dynamic Credit Opportunities Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21
Net Income
53.96 30.81 32.97 35.94

Invesco Dynamic Credit Opportunities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
Net Income Get a 7-Day Free Trial Premium Member Only 14.91 18.06 -60.91 96.85 56.26

Invesco Dynamic Credit Opportunities Fund Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Invesco Dynamic Credit Opportunities Fund's Net Income for the fiscal year that ended in Feb. 2021 is calculated as

Net Income(A: Feb. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=35.936+0+0+0
=35.9

Invesco Dynamic Credit Opportunities Fund's Net Income for the quarter that ended in Aug. 2021 is calculated as

Net Income(Q: Aug. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=56.262+0+0+0
=56.3

Net Income for the trailing twelve months (TTM) ended in Aug. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $153.1 Mil.

* 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 Dynamic Credit Opportunities Fund  (NYSE:VTA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Invesco Dynamic Credit Opportunities Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Aug. 2021 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Invesco Dynamic Credit Opportunities Fund Net Income Related Terms

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Invesco Dynamic Credit Opportunities Fund (Invesco Dynamic Credit Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street North-East, Suite 1800, Atlanta, GA, USA, 30309
Invesco Dynamic Credit Opportunities Fund is an investment fund. The fund's investment objective is to seek a high level of current income, with a secondary objective of capital appreciation. The fund seeks to achieve its objectives by investing in a portfolio of interests in floating or variable senior loans to corporations, partnerships, and other entities which operate in a variety of industries and geographic regions.
Executives
Antonio Reina officer: Secretary 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Josh E Levit officer: Chief Compliance Officer 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
Haley S Waldron officer: Chief Accounting Officer 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
Tara Mcaleer officer: Chief Compliance Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome director
Loren M Starr director
Stephen William Swanson officer: Secretary and General Counsel 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Robert Phillip Drobny officer: Vice President 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Mark William Gregson officer: Controller & Treasurer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174