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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.
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 Trust For Investment Grade New York Municipals Debt-to-Equity Related Terms
Invesco Trust For Investment Grade New York Municipals Debt-to-Equity Historical Data
* 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 Trust For Investment Grade New York Municipals Debt-to-Equity Chart
Invesco Trust For Investment Grade New York Municipals Annual Data
* 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 Trust For Investment Grade New York Municipals Debt-to-Equity vs Asset Management Industry
* 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 Trust For Investment Grade New York Municipals (VTN) has a Debt-to-Equity of 0.18 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Invesco Trust For Investment Grade New York Municipals and its competitors. This is 25% below median its historical median of 0.24. Over the past decade, Invesco Trust For Investment Grade New York Municipals' Debt-to-Equity has ranged from 0.18 to 0.37. According to the industry distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #430 out of 961 companies in the Asset Management industry, placing it in the top 44.7%.
Is Invesco Trust For Investment Grade New York Municipals' Debt-to-Equity too high?
Invesco Trust For Investment Grade New York Municipals' current Debt-to-Equity of 0.18 is 25% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.37. The Asset Management industry median Debt-to-Equity is 0.21. Invesco Trust For Investment Grade New York Municipals' value of 0.18 is 14.3% below this industry median. Based on the distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #430 out of 961 companies in the Asset Management industry, which is above the industry midpoint. Overall, Invesco Trust For Investment Grade New York Municipals has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Invesco Trust For Investment Grade New York Municipals' Debt-to-Equity compare to BSL and GGT?
According to the Asset Management industry distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #430 out of 961 companies for Debt-to-Equity. This puts Invesco Trust For Investment Grade New York Municipals in the upper half of its industry. The industry median Debt-to-Equity is 0.21. Invesco Trust For Investment Grade New York Municipals' value of 0.18 is 14.3% below this benchmark. Historically, Invesco Trust For Investment Grade New York Municipals' own Debt-to-Equity has ranged from 0.18 to 0.37 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.21, Invesco Trust For Investment Grade New York Municipals has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 961 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Invesco Trust For Investment Grade New York Municipals's current Debt-to-Equity of 0.18 is 14.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Invesco Trust For Investment Grade New York Municipals and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invesco Trust For Investment Grade New York Municipals's current Debt-to-Equity is 0.18, which is 25% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invesco Trust For Investment Grade New York Municipals stock overvalued right now?
Invesco Trust For Investment Grade New York Municipals (VTN) has a current Debt-to-Equity of 0.18. The current Debt-to-Equity is 0.18, which is 25% below median its 10-year median of 0.24 and 14.3% below the Asset Management industry median of 0.21. Invesco Trust For Investment Grade New York Municipals' overall GF Score™ is 32/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Invesco Trust For Investment Grade New York Municipals (VTN), the current Debt-to-Equity is 0.18 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Invesco Trust For Investment Grade New York Municipals Business Description
Invesco Trust For Investment Grade New York Municipals is a diversified closed-end management investment company. Its objective is to provide common shareholders with a high level of current income exempt from federal as well as from New York State and New York City income taxes, consistent with preservation of capital.
32GF Score
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