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Invesco Dynamic Credit Opportunities Fund (Invesco Dynamic Credit Opportunities Fund) Equity-to-Asset : 0.61 (As of Aug. 2021)


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What is Invesco Dynamic Credit Opportunities Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Invesco Dynamic Credit Opportunities Fund's Total Stockholders Equity for the quarter that ended in Aug. 2021 was $784.8 Mil. Invesco Dynamic Credit Opportunities Fund's Total Assets for the quarter that ended in Aug. 2021 was $1,292.8 Mil. Therefore, Invesco Dynamic Credit Opportunities Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2021 was 0.61.

The historical rank and industry rank for Invesco Dynamic Credit Opportunities Fund's Equity-to-Asset or its related term are showing as below:

VTA's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Invesco Dynamic Credit Opportunities Fund Equity-to-Asset Historical Data

The historical data trend for Invesco Dynamic Credit Opportunities Fund'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 Dynamic Credit Opportunities Fund Equity-to-Asset Chart

Invesco Dynamic Credit Opportunities Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21
Equity-to-Asset
0.58 0.61 0.57 0.58

Invesco Dynamic Credit Opportunities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.59 0.57 0.60 0.58 0.61

Competitive Comparison of Invesco Dynamic Credit Opportunities Fund's Equity-to-Asset

For the Asset Management subindustry, Invesco Dynamic Credit Opportunities Fund'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 Dynamic Credit Opportunities Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Dynamic Credit Opportunities Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Invesco Dynamic Credit Opportunities Fund's Equity-to-Asset falls into.



Invesco Dynamic Credit Opportunities Fund 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 Dynamic Credit Opportunities Fund's Equity to Asset Ratio for the fiscal year that ended in Feb. 2021 is calculated as

Equity to Asset (A: Feb. 2021 )=Total Stockholders Equity/Total Assets
=756.881/1316.121
=0.58

Invesco Dynamic Credit Opportunities Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2021 is calculated as

Equity to Asset (Q: Aug. 2021 )=Total Stockholders Equity/Total Assets
=784.75/1292.839
=0.61

* 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 Dynamic Credit Opportunities Fund  (NYSE:VTA) 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 Dynamic Credit Opportunities Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Invesco Dynamic Credit Opportunities Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Invesco Dynamic Credit Opportunities Fund (Invesco Dynamic Credit Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street North-East, Suite 1800, Atlanta, GA, USA, 30309
Invesco Dynamic Credit Opportunities Fund is an investment fund. The fund's investment objective is to seek a high level of current income, with a secondary objective of capital appreciation. The fund seeks to achieve its objectives by investing in a portfolio of interests in floating or variable senior loans to corporations, partnerships, and other entities which operate in a variety of industries and geographic regions.
Executives
Antonio Reina officer: Secretary 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Josh E Levit officer: Chief Compliance Officer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Haley S Waldron officer: Chief Accounting Officer 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
Tara Mcaleer officer: Chief Compliance Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome director
Loren M Starr director
Stephen William Swanson officer: Secretary and General Counsel 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Robert Phillip Drobny officer: Vice President 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Mark William Gregson officer: Controller & Treasurer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174