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Invesco California Value Municipalome Trust (Invesco California Value Municipalome Trust) Debt-to-Equity

: 0.25 (As of Aug. 2023)
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Invesco California Value Municipalome Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.00 Mil. Invesco California Value Municipalome Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $130.60 Mil. Invesco California Value Municipalome Trust's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $516.90 Mil. Invesco California Value Municipalome Trust's debt to equity for the quarter that ended in Aug. 2023 was 0.25.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

VCV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.27   Max: 0.32
Current: 0.25

During the past 6 years, the highest Debt-to-Equity Ratio of Invesco California Value Municipalome Trust was 0.32. The lowest was 0.22. And the median was 0.27.

VCV's Debt-to-Equity is ranked worse than
54.55% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs VCV: 0.25

Invesco California Value Municipalome Trust Debt-to-Equity Historical Data

The historical data trend for Invesco California Value Municipalome Trust's Debt-to-Equity 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 California Value Municipalome Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial 0.27 0.22 0.22 0.27 0.28

Invesco California Value Municipalome Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.27 0.31 0.28 0.25

Competitive Comparison

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

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

* The bar in red indicates where Invesco California Value Municipalome Trust's Debt-to-Equity falls into.



Invesco California Value Municipalome Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Invesco California Value Municipalome Trust's Debt to Equity Ratio for the quarter that ended in Aug. 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 California Value Municipalome Trust  (NYSE:VCV) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Invesco California Value Municipalome Trust Debt-to-Equity Related Terms

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


Invesco California Value Municipalome Trust (Invesco California Value Municipalome Trust) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, North East, Suite 1800, Atlanta, GA, USA, 30309
Invesco California Value Municipal Income Trust is engaged in the field of financial services. Its objective is to seek to provide common shareholders with a high level of current income exempt from federal and California income taxes, consistent with preservation of capital.
Executives
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
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
Michael Camarella other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Mark Demitry other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Scott Cottier 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
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309

Invesco California Value Municipalome Trust (Invesco California Value Municipalome Trust) Headlines