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Invesco Seniorome Trust (NYSE:VVR) ROE %

: -7.11% (As of Aug. 2022)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Invesco Seniorome Trust's annualized net income for the quarter that ended in Aug. 2022 was $-48.17 Mil. Invesco Seniorome Trust's average Total Stockholders Equity over the quarter that ended in Aug. 2022 was $677.68 Mil. Therefore, Invesco Seniorome Trust's annualized ROE % for the quarter that ended in Aug. 2022 was -7.11%.

The historical rank and industry rank for Invesco Seniorome Trust's ROE % or its related term are showing as below:

VVR' s ROE % Range Over the Past 10 Years
Min: 1.89   Med: 4.7   Max: 7.05
Current: -1.87

During the past 5 years, Invesco Seniorome Trust's highest ROE % was 7.05%. The lowest was 1.89%. And the median was 4.70%.

VVR's ROE % is ranked better than
50.77% of 1692 companies
in the Asset Management industry
Industry Median: -2.36 vs VVR: -1.87

Invesco Seniorome Trust ROE % Historical Data

The historical data trend for Invesco Seniorome Trust's ROE % 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 Seniorome Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22
ROE %
4.70 2.92 1.89 4.78 7.05

Invesco Seniorome Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.43 20.44 10.78 3.14 -7.11

Competitive Comparison

For the Asset Management subindustry, Invesco Seniorome Trust's ROE %, along with its competitors' market caps and ROE % 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 Seniorome Trust ROE % Distribution

For the Asset Management industry and Financial Services sector, Invesco Seniorome Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Invesco Seniorome Trust's ROE % falls in comparison to its industry or sector. The grey bar indicates the ROE %'s extreme value range as defined by GuruFocus.



Invesco Seniorome Trust ROE % Calculation

Invesco Seniorome Trust's annualized ROE % for the fiscal year that ended in Feb. 2022 is calculated as

ROE %=Net Income (A: Feb. 2022 )/( (Total Stockholders Equity (A: Feb. 2021 )+Total Stockholders Equity (A: Feb. 2022 ))/ count )
=49.376/( (699.797+701.274)/ 2 )
=49.376/700.5355
=7.05 %

Invesco Seniorome Trust's annualized ROE % for the quarter that ended in Aug. 2022 is calculated as

ROE %=Net Income (Q: Aug. 2022 )/( (Total Stockholders Equity (Q: Feb. 2022 )+Total Stockholders Equity (Q: Aug. 2022 ))/ count )
=-48.174/( (701.274+654.079)/ 2 )
=-48.174/677.6765
=-7.11 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Aug. 2022) net income data. ROE % is displayed in the 30-year financial page.


Invesco Seniorome Trust  (NYSE:VVR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Aug. 2022 )
=Net Income/Total Stockholders Equity
=-48.174/677.6765
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-48.174 / -45.44)*(-45.44 / 1171.8895)*(1171.8895 / 677.6765)
=Net Margin %*Asset Turnover*Equity Multiplier
=106.02 %*-0.0388*1.7293
=ROA %*Equity Multiplier
=-4.11 %*1.7293
=-7.11 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Aug. 2022 )
=Net Income/Total Stockholders Equity
=-48.174/677.6765
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-48.174 / -48.174) * (-48.174 / -45.44) * (-45.44 / 1171.8895) * (1171.8895 / 677.6765)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 106.02 % * -0.0388 * 1.7293
=-7.11 %

Note: The net income data used here is two times the semi-annual (Aug. 2022) net income data. The Revenue data used here is two times the semi-annual (Aug. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Invesco Seniorome Trust ROE % Related Terms

Thank you for viewing the detailed overview of Invesco Seniorome Trust's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Invesco Seniorome Trust (NYSE:VVR) Business Description

Invesco Seniorome Trust logo
Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Senior Income Trust is a diversified, closed-end management investment company. The investment objective of the company is to provide a high level of current income, consistent with the preservation of capital. The company invests primarily 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. It invests in various sectors such as business equipment and services, telecommunications, cable and satellite television, healthcare, chemicals and plastics, utilities, lodging and casinos, and others.
Executives
Vacheron Terry 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
Reina Antonio officer: Secretary 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Levit Josh E officer: Chief Compliance Officer 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Deberghes Adrien officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Waldron Haley S officer: Chief Accounting Officer 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Dukes Laura Allison officer: SMD and CFO 780 JOHNSON FERRY ROAD SUITE 800 ATLANTA GA 30342
Mcaleer Tara officer: Chief Compliance Officer 1555 PEACHTREE STREET NE ATLANTA GA 30309
Starr Loren M director
Swanson Stephen William officer: Secretary and General Counsel 1555 PEACHTREE STREET NE ATLANTA GA 30309
Lege Annette director, officer: CFO & CAO 1555 PEACHTREE ST. NE SUITE 1800 ATLANTA GA 30309
Carome Kevin M director
Drobny Robert Phillip officer: Vice President 1555 PEACHTREE STREET NE ATLANTA GA 30309
Gregson Mark William officer: Controller & Treasurer 1555 PEACHTREE STREET NE ATLANTA GA 30309
Kuehl Todd F officer: Chief Compliance officer 1555 PEACHTREE STREET NE ATLANTA GA 30309
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