GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Municipal Trust (NYSE:VKQ) » Definitions » Scaled Net Operating Assets

Invesco Municipal Trust (Invesco Municipal Trust) Scaled Net Operating Assets : 0.68 (As of Aug. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Invesco Municipal Trust 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 Municipal Trust's operating assets for the quarter that ended in Aug. 2023 was $935.96 Mil. Invesco Municipal Trust's operating liabilities for the quarter that ended in Aug. 2023 was $272.02 Mil. Invesco Municipal Trust's Total Assets for the quarter that ended in Feb. 2023 was $976.06 Mil. Therefore, Invesco Municipal Trust's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2023 was 0.68.

Invesco Municipal Trust 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 Municipal Trust'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 )
=(962.239-278.604)/1173.888
=0.58

where

Operating Assets(A: Feb. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=976.064 - 13.825
=962.239

Operating Liabilities(A: Feb. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=387.254 - 108.65 - 0
=278.604

Invesco Municipal Trust'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 )
=(935.964-272.022)/976.064
=0.68

where

Operating Assets(Q: Aug. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=938.902 - 2.938
=935.964

Operating Liabilities(Q: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=353.612 - 81.59 - 0
=272.022

* 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 Municipal Trust Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Invesco Municipal Trust's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Invesco Municipal Trust (Invesco Municipal Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Municipal Trust (NYSE:VKQ) » Definitions » Scaled Net Operating Assets
Comparable Companies
BLW CCD GAIN FDUS CEM DSU BTO DHIL GAMI PDT 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 Municipal Trust is a diversified, closed-end management investment company. The company's investment objective is to provide a high level of current income exempt from federal income tax, consistent with preservation of capital.
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
Josh Cooney other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Rebecca Setcavage other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104