What is Invesco Highome 2024 Target Term Total Assets?
Invesco Highome 2024 Target Term's Total Assets for the quarter that ended in Aug. 2023 was $96.48 Mil.
During the past 12 months, Invesco Highome 2024 Target Term's average Total Assets Growth Rate was -9.00% per year.
During the past 3 years, the average Total Assets Growth Rate was -6.30% per year.
During the past 5 years, the average Total Assets Growth Rate was -2.60% per year.
During the past 6 years, Invesco Highome 2024 Target Term's highest 3-Year average Total Assets Growth Rate was -1.00%. The lowest was -6.30%. And the median was -2.00%.
Total Assets is connected with ROA %. Invesco Highome 2024 Target Term's annualizedROA % for the quarter that ended in Aug. 2023 was -8.28%. Total Assets is also linked to Revenue through Asset Turnover. Invesco Highome 2024 Target Term's Asset Turnover for the quarter that ended in Aug. 2023 was -0.04.
Invesco Highome 2024 Target Term Total Assets Historical Data
The historical data trend for Invesco Highome 2024 Target Term'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.
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Invesco Highome 2024 Target Term Total Assets Chart
Invesco Highome 2024 Target Term 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 2024 Target Term's Total Assets for the fiscal year that ended in Feb. 2023 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.
Invesco Highome 2024 Target Term (NYSE:IHTA) Total Assets Explanation
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 2024 Target Term's Asset Turnover for the quarter that ended in Aug. 2023 is
* 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 2024 Target Term Total Assets Related Terms
Thank you for viewing the detailed overview of Invesco Highome 2024 Target Term's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Business Description
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.
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