GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Advantage Municipal Income Trust II (AMEX:VKI) » Definitions » Liabilities-to-Assets

Invesco Advantage Municipalome Trust II (Invesco Advantage Municipalome Trust II) Liabilities-to-Assets : 0.40 (As of Aug. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Invesco Advantage Municipalome Trust II Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Invesco Advantage Municipalome Trust II's Total Liabilities for the quarter that ended in Aug. 2023 was $282.53 Mil. Invesco Advantage Municipalome Trust II's Total Assets for the quarter that ended in Aug. 2023 was $700.99 Mil. Therefore, Invesco Advantage Municipalome Trust II's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2023 was 0.40.


Invesco Advantage Municipalome Trust II Liabilities-to-Assets Historical Data

The historical data trend for Invesco Advantage Municipalome Trust II's Liabilities-to-Assets 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 Advantage Municipalome Trust II Liabilities-to-Assets Chart

Invesco Advantage Municipalome Trust II Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.40 0.39 0.41 0.41

Invesco Advantage Municipalome Trust II Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.41 0.43 0.41 0.40

Competitive Comparison of Invesco Advantage Municipalome Trust II's Liabilities-to-Assets

For the Asset Management subindustry, Invesco Advantage Municipalome Trust II's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Advantage Municipalome Trust II's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Advantage Municipalome Trust II's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Invesco Advantage Municipalome Trust II's Liabilities-to-Assets falls into.



Invesco Advantage Municipalome Trust II Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Invesco Advantage Municipalome Trust II's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Liabilities-to-Assets (A: Feb. 2023 )=Total Liabilities/Total Assets
=296.315/717.267
=0.41

Invesco Advantage Municipalome Trust II's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2023 is calculated as

Liabilities-to-Assets (Q: Aug. 2023 )=Total Liabilities/Total Assets
=282.532/700.985
=0.40

* 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 Advantage Municipalome Trust II  (AMEX:VKI) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Invesco Advantage Municipalome Trust II Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Invesco Advantage Municipalome Trust II's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Invesco Advantage Municipalome Trust II (Invesco Advantage Municipalome Trust II) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Advantage Municipal Income Trust II is a diversified, closed-end management investment company. The investment objective of the company is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital.
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
Timothy M O'reilly other: Portfolio Manager 1555 PEACHTREE STREET 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
Rebecca Setcavage other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Josh Cooney 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
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Kevin M Carome director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309

Invesco Advantage Municipalome Trust II (Invesco Advantage Municipalome Trust II) Headlines

From GuruFocus

Invesco Closed-End Funds Declare Dividends

By PRNewswire PRNewswire 11-02-2020

Invesco Closed-End Funds Declare Dividends

By PRNewswire PRNewswire 11-01-2021

Invesco Closed-End Funds Declare Dividends

By PRNewswire PRNewswire 11-01-2019

Invesco Closed-End Funds Declare Dividends

By PRNewswire PRNewswire 02-01-2022

Invesco Closed-End Funds Declare Dividends

By PRNewswire PRNewswire 07-01-2020

Invesco Closed-End Funds Declare Dividends

By PRNewswire PRNewswire 04-01-2020

Invesco Closed-End Funds Declare Dividends

By PRNewswire PRNewswire 08-01-2019

Invesco Closed-End Funds Declare Dividends

By PRNewswire PRNewswire 03-02-2020

Invesco Closed-End Funds Declare Dividends

By PRNewswire PRNewswire 12-01-2020

Invesco Closed-End Funds Declare Dividends

By PRNewswire PRNewswire 10-01-2020