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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Invesco Municipal Trust's Total Stockholders Equity for the quarter that ended in Aug. 2024 was $609.87 Mil. Invesco Municipal Trust's Total Assets for the quarter that ended in Aug. 2024 was $933.38 Mil. Therefore, Invesco Municipal Trust's Equity to Asset Ratio for the quarter that ended in Aug. 2024 was 0.65.
The historical rank and industry rank for Invesco Municipal Trust's Equity-to-Asset or its related term are showing as below:
During the past 7 years, the highest Equity to Asset Ratio of Invesco Municipal Trust was 0.67. The lowest was 0.58. And the median was 0.61.
The historical data trend for Invesco Municipal Trust's Equity-to-Asset 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.
Invesco Municipal Trust Annual Data | ||||||||||||||||
Trend | Feb18 | Feb19 | Feb20 | Feb21 | Feb22 | Feb23 | Feb24 | |||||||||
Equity-to-Asset | Get a 7-Day Free Trial | 0.61 | 0.62 | 0.60 | 0.60 | 0.67 |
Invesco Municipal Trust Semi-Annual Data | |||||||||||||||
Aug17 | Feb18 | Aug18 | Feb19 | Aug19 | Feb20 | Aug20 | Feb21 | Aug21 | Feb22 | Aug22 | Feb23 | Aug23 | Feb24 | Aug24 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.58 | 0.60 | 0.62 | 0.67 | 0.65 |
For the Asset Management subindustry, Invesco Municipal Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
For the Asset Management industry and Financial Services sector, Invesco Municipal Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Invesco Municipal Trust's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Invesco Municipal Trust's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as
Equity to Asset (A: Feb. 2024 ) | = | Total Stockholders Equity | / | Total Assets |
= | 611.95 | / | 919.227 | |
= | 0.67 |
Invesco Municipal Trust's Equity to Asset Ratio for the quarter that ended in Aug. 2024 is calculated as
Equity to Asset (Q: Aug. 2024 ) | = | Total Stockholders Equity | / | Total Assets |
= | 609.865 | / | 933.383 | |
= | 0.65 |
* 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 Municipal Trust (NYSE:VKQ) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Thank you for viewing the detailed overview of Invesco Municipal Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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 |
Td Group Us Holdings Llc | 10 percent owner | 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808 |
Toronto Dominion Investments, Inc. | 10 percent owner | 909 FANIN, SUITE 1950, HOUSTON TX 77010 |
Dominion Bank Toronto | 10 percent owner | 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2 |
Toronto Dominion Holdings Usa Inc | 10 percent owner | 40 WALL STREET, NEW YORK NY 10003 |
Wells Fargo Bank N A | 10 percent owner | 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104 |
From GuruFocus
By GuruFocus Research • 10-13-2023
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