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Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Equity-to-Asset : 0.70 (As of Aug. 2023)


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What is Invesco Highome 2024 Target Term Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Invesco Highome 2024 Target Term's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $67.65 Mil. Invesco Highome 2024 Target Term's Total Assets for the quarter that ended in Aug. 2023 was $96.48 Mil. Therefore, Invesco Highome 2024 Target Term's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was 0.70.

The historical rank and industry rank for Invesco Highome 2024 Target Term's Equity-to-Asset or its related term are showing as below:

IHTA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.74   Max: 0.76
Current: 0.7

During the past 6 years, the highest Equity to Asset Ratio of Invesco Highome 2024 Target Term was 0.76. The lowest was 0.70. And the median was 0.74.

IHTA's Equity-to-Asset is ranked worse than
63.23% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs IHTA: 0.70

Invesco Highome 2024 Target Term Equity-to-Asset Historical Data

The historical data trend for Invesco Highome 2024 Target Term'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.

* Premium members only.

Invesco Highome 2024 Target Term Equity-to-Asset Chart

Invesco Highome 2024 Target Term Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Get a 7-Day Free Trial 0.74 0.76 0.75 0.75 0.72

Invesco Highome 2024 Target Term Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.75 0.73 0.72 0.70

Competitive Comparison of Invesco Highome 2024 Target Term's Equity-to-Asset

For the Asset Management subindustry, Invesco Highome 2024 Target Term'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.


Invesco Highome 2024 Target Term's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Highome 2024 Target Term's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Invesco Highome 2024 Target Term's Equity-to-Asset falls into.



Invesco Highome 2024 Target Term Equity-to-Asset Calculation

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 Highome 2024 Target Term's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=73.499/102.122
=0.72

Invesco Highome 2024 Target Term's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )=Total Stockholders Equity/Total Assets
=67.65/96.483
=0.70

* 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 Highome 2024 Target Term  (NYSE:IHTA) 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%.


Invesco Highome 2024 Target Term Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Invesco Highome 2024 Target Term's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, North East, Suite 1800, Atlanta, GA, USA, 30309
Invesco High Income 2024 Target Term is a non-diversified, closed-end management investment company. The investment objectives of the company are to provide a high level of current income and to return approximately $9.835 per share to common shareholders. The company invests in securities collateralized by loans secured by real properties and other real estate related debt securities.
Executives
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
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
Robert C Troccoli other: Trustee 22 FOREST STREET, SCARBOROUGH ME 04074
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
Loren M Starr director
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309

Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Headlines