Invesco Muniome Opps Trust (Invesco Muniome Opps Trust) Debt-to-Equity : 0.36 (As of Feb. 2024)

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What is Invesco Muniome Opps Trust Debt-to-Equity?

Invesco Muniome Opps Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.00 Mil. Invesco Muniome Opps Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $110.85 Mil. Invesco Muniome Opps Trust's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $305.49 Mil. Invesco Muniome Opps Trust's debt to equity for the quarter that ended in Feb. 2024 was 0.36.

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 Muniome Opps Trust's Debt-to-Equity or its related term are showing as below:

OIA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.22 Max: 0.36
Current: 0.36

During the past 8 years, the highest Debt-to-Equity Ratio of Invesco Muniome Opps Trust was 0.36. The lowest was 0.18. And the median was 0.22.

OIA's Debt-to-Equity is ranked worse than
63.49% of 1008 companies
in the Asset Management industry
Industry Median: 0.19 vs OIA: 0.36

Invesco Muniome Opps Trust Debt-to-Equity Historical Data

The historical data trend for Invesco Muniome Opps 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 Muniome Opps Trust Debt-to-Equity Chart

Invesco Muniome Opps Trust Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.22

0.21

0.20

0.36

Invesco Muniome Opps Trust Semi-Annual Data
	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial										0.21	0.21	0.20	0.30	0.36

Competitive Comparison of Invesco Muniome Opps Trust's Debt-to-Equity

For the Asset Management subindustry, Invesco Muniome Opps 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 Muniome Opps Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Invesco Muniome Opps Trust's Debt-to-Equity falls into.

Invesco Muniome Opps Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Invesco Muniome Opps Trust's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	110.85)	/	305.488
	=	0.36

Invesco Muniome Opps Trust's Debt to Equity Ratio for the quarter that ended in Feb. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	110.85)	/	305.488
	=	0.36

Invesco Muniome Opps Trust (NYSE:OIA) 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 Muniome Opps Trust Debt-to-Equity Related Terms

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

Invesco Muniome Opps Trust (Invesco Muniome Opps Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Muni Income Opps Trust (NYSE:OIA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309

Website

https://www.invesco.com

Invesco Muni Income Opps Trust operates as a diversified closed-end management investment company. Its investment objective is to provide a high level of current income which is exempt from federal income tax.

Executives

Glenn Eugene Brightman	officer: President & PEO	570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Tony Wong	director, officer: Senior Vice President	1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Stephanie Butcher	officer: Senior Vice President	1555 PEACHTREE ST. NE, ATLANTA GA 30309
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
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
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
Todd F Kuehl	officer: Chief Compliance officer	1555 PEACHTREE STREET NE, ATLANTA GA 30309
Daniel S Vandivort	other: Trustee	1555 PEACHTREE STREET NE, SUITE 1800, ATLANTA GA 30309