VTN (Invesco Trust For Investment Grade New York Municipals) Asset Turnover: 0.08 (As of Feb. 2026)


VTN Invesco Trust For Investment Grade New York Municipals VTN
33 GF Score
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What is Invesco Trust For Investment Grade New York Municipals Asset Turnover?

Invesco Trust For Investment Grade New York Municipals VTN +0.18% 33 Asset Turnover is 0.08 as of Feb. 2026. GuruFocus rates VTN with a GF Score™ of 33/100. The stock has 7 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Invesco Trust For Investment Grade New York Municipals's Revenue for the six months ended in Feb. 2026 was $17.72 Mil. Invesco Trust For Investment Grade New York Municipals's Total Assets for the quarter that ended in Feb. 2026 was $235.49 Mil. Therefore, Invesco Trust For Investment Grade New York Municipals's Asset Turnover for the quarter that ended in Feb. 2026 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Invesco Trust For Investment Grade New York Municipals's annualized ROE % for the quarter that ended in Feb. 2026 was 22.40%. It is also linked to ROA % through Du Pont Formula. Invesco Trust For Investment Grade New York Municipals's annualized ROA % for the quarter that ended in Feb. 2026 was 14.96%.

Invesco Trust For Investment Grade New York Municipals  (NYSE:VTN) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Invesco Trust For Investment Grade New York Municipals's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=35.238/157.3215
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(35.238 / 35.448)*(35.448 / 235.491)*(235.491/ 157.3215)
=Net Margin %*Asset Turnover*Equity Multiplier
=99.41 %*0.1505*1.4969
=ROA %*Equity Multiplier
=14.96 %*1.4969
=22.40 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Invesco Trust For Investment Grade New York Municipals's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=35.238/235.491
=(Net Income / Revenue)*(Revenue / Total Assets)
=(35.238 / 35.448)*(35.448 / 235.491)
=Net Margin %*Asset Turnover
=99.41 %*0.1505
=14.96 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Invesco Trust For Investment Grade New York Municipals Asset Turnover Related Terms

Invesco Trust For Investment Grade New York Municipals Asset Turnover Historical Data

* Premium members only.

The historical data trend for Invesco Trust For Investment Grade New York Municipals's Asset Turnover 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.

Invesco Trust For Investment Grade New York Municipals Asset Turnover Chart

Invesco Trust For Investment Grade New York Municipals Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.00 -0.08 0.05 0.02 0.02

Invesco Trust For Investment Grade New York Municipals Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Asset Turnover 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 0.04 0.01 0.00 -0.05 0.08

VTN vs NNY, GLQ, NAZ: Asset Turnover Comparison

For the Asset Management subindustry, Invesco Trust For Investment Grade New York Municipals's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Trust For Investment Grade New York Municipals Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Trust For Investment Grade New York Municipals's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Invesco Trust For Investment Grade New York Municipals's Asset Turnover falls into.


VTN
33GF Score
Invesco Trust For Investment Grade New York Municipals VTN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Invesco Trust For Investment Grade New York Municipals Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Invesco Trust For Investment Grade New York Municipals's Asset Turnover for the fiscal year that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2026 )/( (Total Assets (A: Feb. 2025 )+Total Assets (A: Feb. 2026 ))/ count )
=4.746/( (259.489+241.066)/ 2 )
=4.746/250.2775
=0.02

Invesco Trust For Investment Grade New York Municipals's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=17.724/( (229.916+241.066)/ 2 )
=17.724/235.491
=0.08

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.08 mean?
Invesco Trust For Investment Grade New York Municipals (VTN) has a Asset Turnover of 0.08 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Invesco Trust For Investment Grade New York Municipals and its competitors.
Is Invesco Trust For Investment Grade New York Municipals' Asset Turnover too high?
Invesco Trust For Investment Grade New York Municipals' current Asset Turnover is 0.08. Overall, Invesco Trust For Investment Grade New York Municipals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Invesco Trust For Investment Grade New York Municipals' Asset Turnover compare to NNY and GLQ?
Invesco Trust For Investment Grade New York Municipals' Asset Turnover of 0.08 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Invesco Trust For Investment Grade New York Municipals and its competitors. Invesco Trust For Investment Grade New York Municipals's current Asset Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invesco Trust For Investment Grade New York Municipals stock overvalued right now?
Invesco Trust For Investment Grade New York Municipals (VTN) has a current Asset Turnover of 0.08. The current Asset Turnover is 0.08. Invesco Trust For Investment Grade New York Municipals' overall GF Score™ is 33/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Invesco Trust For Investment Grade New York Municipals (VTN), the current Asset Turnover is 0.08 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Invesco Trust For Investment Grade New York Municipals Business Description

Address 1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Trust For Investment Grade New York Municipals is a diversified closed-end management investment company. Its objective is to provide common shareholders with a high level of current income exempt from federal as well as from New York State and New York City income taxes, consistent with preservation of capital.
33GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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