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Invesco Seniorome Trust (Invesco Seniorome Trust) ROA % : 6.75% (As of Feb. 2024)


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What is Invesco Seniorome Trust ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Invesco Seniorome Trust's annualized Net Income for the quarter that ended in Feb. 2024 was $67.62 Mil. Invesco Seniorome Trust's average Total Assets over the quarter that ended in Feb. 2024 was $1,002.17 Mil. Therefore, Invesco Seniorome Trust's annualized ROA % for the quarter that ended in Feb. 2024 was 6.75%.

The historical rank and industry rank for Invesco Seniorome Trust's ROA % or its related term are showing as below:

VVR' s ROA % Range Over the Past 10 Years
Min: 0.06   Med: 2.85   Max: 6.97
Current: 6.97

During the past 7 years, Invesco Seniorome Trust's highest ROA % was 6.97%. The lowest was 0.06%. And the median was 2.85%.

VVR's ROA % is ranked better than
70.84% of 1718 companies
in the Asset Management industry
Industry Median: 2.965 vs VVR: 6.97

Invesco Seniorome Trust ROA % Historical Data

The historical data trend for Invesco Seniorome Trust's ROA % 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 ROA % Chart

Invesco Seniorome Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROA %
Get a 7-Day Free Trial 1.16 2.85 4.07 0.06 6.95

Invesco Seniorome Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.82 -4.11 4.68 7.21 6.75

Competitive Comparison of Invesco Seniorome Trust's ROA %

For the Asset Management subindustry, Invesco Seniorome Trust's ROA %, along with its competitors' market caps and ROA % 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 ROA % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Seniorome Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Invesco Seniorome Trust's ROA % falls into.



Invesco Seniorome Trust ROA % Calculation

Invesco Seniorome Trust's annualized ROA % for the fiscal year that ended in Feb. 2024 is calculated as:

ROA %=Net Income (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=70.386/( (1024.712+999.719)/ 2 )
=70.386/1012.2155
=6.95 %

Invesco Seniorome Trust's annualized ROA % for the quarter that ended in Feb. 2024 is calculated as:

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=67.624/( (1004.62+999.719)/ 2 )
=67.624/1002.1695
=6.75 %

* 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 the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Feb. 2024) net income data. ROA % is displayed in the 30-year financial page.


Invesco Seniorome Trust  (NYSE:VVR) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Feb. 2024 )
=Net Income/Total Assets
=67.624/1002.1695
=(Net Income / Revenue)*(Revenue / Total Assets)
=(67.624 / 70.874)*(70.874 / 1002.1695)
=Net Margin %*Asset Turnover
=95.41 %*0.0707
=6.75 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2024) net income data. The Revenue data used here is two times the semi-annual (Feb. 2024) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Invesco Seniorome Trust ROA % Related Terms

Thank you for viewing the detailed overview of Invesco Seniorome Trust's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


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