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Invesco Value Municipalome Trust (NYSE:IIM) Cash-to-Debt

: 0.00 (As of Feb. 2023)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Invesco Value Municipalome Trust's cash to debt ratio for the quarter that ended in Feb. 2023 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Invesco Value Municipalome Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2023.

The historical rank and industry rank for Invesco Value Municipalome Trust's Cash-to-Debt or its related term are showing as below:

During the past 6 years, Invesco Value Municipalome Trust's highest Cash to Debt Ratio was 0.02. The lowest was 0.00. And the median was 0.01.

IIM's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 11.44
* Ranked among companies with meaningful Cash-to-Debt only.

Invesco Value Municipalome Trust Cash-to-Debt Historical Data

The historical data trend for Invesco Value Municipalome Trust's Cash-to-Debt 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 Value Municipalome Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cash-to-Debt
Premium Member Only - - 0.02 - -

Invesco Value Municipalome Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 - - - -
Competitive Comparison

For the Asset Management subindustry, Invesco Value Municipalome Trust's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Value Municipalome Trust Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, Invesco Value Municipalome Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Invesco Value Municipalome Trust's Cash-to-Debt falls in comparison to its industry or sector. The grey bar indicates the Cash-to-Debt's extreme value range as defined by GuruFocus.


Invesco Value Municipalome Trust Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Invesco Value Municipalome Trust's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Cash to Debt Ratio= Balance Sheet Cash And Cash Equivalents / Total Debt
= Balance Sheet Cash And Cash Equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0 / (0 + 115.205)
=0.00

Invesco Value Municipalome Trust's Cash to Debt Ratio for the quarter that ended in Feb. 2023 is calculated as:

Cash to Debt Ratio= Balance Sheet Cash And Cash Equivalents / Total Debt
= Balance Sheet Cash And Cash Equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0 / (0 + 115.205)
=0.00

* 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 Value Municipalome Trust  (NYSE:IIM) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Invesco Value Municipalome Trust Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Invesco Value Municipalome Trust's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Invesco Value Municipalome Trust (NYSE:IIM) Business Description

Invesco Value Municipalome Trust logo
Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Value Municipal Income Trust (NYSE:IIM) » Definitions » Cash-to-Debt
Comparable Companies
NYSE:CION NYSE:NID AMEX:CRF NYSE:NIE NYSE:BHK NYSE:NKX NAS:VINP NYSE:PFN NYSE:BOE NYSE:EOI NYSE:BLK NYSE:BX TSX:BAM.A OSTO:INVE A NYSE:BK NYSE:APO NYSE:KKR NYSE:AMP NAS:TROW XSWX:PGHN
Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Website
https://www.invesco.com
Invesco Value Municipal Income Trust is a diversified, closed-end management investment company. Its investment objective is to provide common shareholders with current income which is exempt from federal income tax. It seeks to achieve the investment objective by investing primarily in municipal securities. The municipal securities include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.
Executives
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, 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
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Loren M Starr director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome director
Meadows Colin director 1360 PEACHTREE STREET, ATLANTA GA 30309
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Krentzman Elizabeth other: Trustee 1555 PEACHTREE STREET NE, SUITE 1800, ATLANTA GA 30309
Vaughn D James other: Trustee 1555 PEACHTREE STREET NE, SUITE 1800, ATLANTA GA 30309