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Invesco Seniorome Trust (Invesco Seniorome Trust) Net-Net Working Capital : $-2.34 (As of Feb. 2024)


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What is Invesco Seniorome Trust Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Invesco Seniorome Trust's Net-Net Working Capital for the quarter that ended in Feb. 2024 was $-2.34.

The industry rank for Invesco Seniorome Trust's Net-Net Working Capital or its related term are showing as below:

VVR's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.295
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Invesco Seniorome Trust Net-Net Working Capital Historical Data

The historical data trend for Invesco Seniorome Trust's Net-Net Working Capital 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 Seniorome Trust Net-Net Working Capital Chart

Invesco Seniorome Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net-Net Working Capital
Get a 7-Day Free Trial -3.06 -3.01 -3.60 -2.55 -2.34

Invesco Seniorome Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.60 -2.84 -2.55 -2.39 -2.34

Competitive Comparison of Invesco Seniorome Trust's Net-Net Working Capital

For the Asset Management subindustry, Invesco Seniorome Trust's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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 Seniorome Trust's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Seniorome Trust's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Invesco Seniorome Trust's Price-to-Net-Net-Working-Capital falls into.



Invesco Seniorome Trust Net-Net Working Capital Calculation

Invesco Seniorome Trust's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2024 is calculated as

Net-Net Working Capital(A: Feb. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15.559+0+0.75 * 0+0.5 * 0-373.404
-0-0)/153.1
=-2.34

Invesco Seniorome Trust's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2024 is calculated as

Net-Net Working Capital(Q: Feb. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15.559+0+0.75 * 0+0.5 * 0-373.404
-0-0)/153.1
=-2.34

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Invesco Seniorome Trust  (NYSE:VVR) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Invesco Seniorome Trust Net-Net Working Capital Related Terms

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Invesco Seniorome Trust (Invesco Seniorome Trust) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Senior Income Trust is a diversified, closed-end management investment company. The investment objective of the company is to provide a high level of current income, consistent with the preservation of capital. The company invests primarily 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
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
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
Antonio Reina officer: Secretary 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Benjamin Gruder officer: Co-CAO 1555 PEACHTREE STREET, NE SUITE 1800, ATLANTA GA 30309
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
Loren M Starr director
Stephen William Swanson officer: Secretary and General Counsel 1555 PEACHTREE STREET NE, ATLANTA GA 30309