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Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Scaled Net Operating Assets : 0.93 (As of Aug. 2023)


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What is Invesco Highome 2024 Target Term Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Invesco Highome 2024 Target Term's operating assets for the quarter that ended in Aug. 2023 was $96.30 Mil. Invesco Highome 2024 Target Term's operating liabilities for the quarter that ended in Aug. 2023 was $1.83 Mil. Invesco Highome 2024 Target Term's Total Assets for the quarter that ended in Feb. 2023 was $102.12 Mil. Therefore, Invesco Highome 2024 Target Term's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2023 was 0.93.

Invesco Highome 2024 Target Term Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Invesco Highome 2024 Target Term's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2023 )
=(Operating Assets (A: Feb. 2023 )-Operating Liabilities (A: Feb. 2023 ))/Total Assets (A: Feb. 2022 )
=(102.072-1.624)/111.632
=0.90

where

Operating Assets(A: Feb. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=102.122 - 0.05
=102.072

Operating Liabilities(A: Feb. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28.624 - 27 - 0
=1.624

Invesco Highome 2024 Target Term's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2023 )
=(Operating Assets (Q: Aug. 2023 )-Operating Liabilities (Q: Aug. 2023 ))/Total Assets (Q: Feb. 2023 )
=(96.301-1.833)/102.122
=0.93

where

Operating Assets(Q: Aug. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=96.483 - 0.182
=96.301

Operating Liabilities(Q: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28.833 - 27 - 0
=1.833

* 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.

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Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco High Income 2024 Target Term (NYSE:IHTA) » Definitions » Scaled Net Operating Assets
Comparable Companies
TTP PGZ MFD RSF FAM CXH GEG LRFC VLT IAE BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, North East, Suite 1800, Atlanta, GA, USA, 30309
Website
https://www.invesco.com
Invesco High Income 2024 Target Term is a non-diversified, closed-end management investment company. The investment objectives of the company are to provide a high level of current income and to return approximately $9.835 per share to common shareholders. The company invests in securities collateralized by loans secured by real properties and other real estate related debt 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
Adrien Deberghes officer: Vice President,PFO & Treasurer 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
Robert C Troccoli other: Trustee 22 FOREST STREET, SCARBOROUGH ME 04074
Meadows Colin director 1360 PEACHTREE STREET, ATLANTA GA 30309
Kevin M Carome director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Loren M Starr director
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309