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Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Net Cash per Share : $-3.26 (As of Aug. 2023)


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What is Invesco Highome 2024 Target Term Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Invesco Highome 2024 Target Term's Net Cash per Share for the quarter that ended in Aug. 2023 was $-3.26.

The historical rank and industry rank for Invesco Highome 2024 Target Term's Net Cash per Share or its related term are showing as below:

IHTA's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.705
* Ranked among companies with meaningful Price-to-Net-Cash only.

Invesco Highome 2024 Target Term Net Cash per Share Historical Data

The historical data trend for Invesco Highome 2024 Target Term's Net Cash per Share 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 Net Cash per Share Chart

Invesco Highome 2024 Target Term Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Cash per Share
Get a 7-Day Free Trial -3.46 -3.40 -3.24 -3.20 -3.25

Invesco Highome 2024 Target Term Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.18 -3.20 -3.21 -3.25 -3.26

Competitive Comparison of Invesco Highome 2024 Target Term's Net Cash per Share

For the Asset Management subindustry, Invesco Highome 2024 Target Term's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Invesco Highome 2024 Target Term's Price-to-Net-Cash falls into.



Invesco Highome 2024 Target Term Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Invesco Highome 2024 Target Term's Net Cash per Share for the fiscal year that ended in Feb. 2023 is calculated as

Invesco Highome 2024 Target Term's Net Cash per Share for the quarter that ended in Aug. 2023 is calculated as

Net Cash per Share (Q: Aug. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.182+0-28.833-0)/8.78639
=-3.26

* 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) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Invesco Highome 2024 Target Term Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Invesco Highome 2024 Target Term's Net Cash per Share 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