Invesco Short Long Term Debt vs Total Assets Analysis
VMO Stock | USD 9.85 0.02 0.20% |
Invesco Municipal financial indicator trend analysis is infinitely more than just investigating Invesco Municipal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Invesco Municipal is a good investment. Please check the relationship between Invesco Municipal Short Long Term Debt and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Short Long Term Debt vs Total Assets
Short Long Term Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Invesco Municipal Short Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Invesco Municipal's Short Long Term Debt and Total Assets is 0.54. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Invesco Municipal Opportunity, assuming nothing else is changed. The correlation between historical values of Invesco Municipal's Short Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Invesco Municipal Opportunity are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Long Term Debt i.e., Invesco Municipal's Short Long Term Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Total Assets
Total assets refers to the total amount of Invesco Municipal assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Invesco Municipal books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Invesco Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Invesco Municipal current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of the 25th of November 2024, Selling General Administrative is likely to grow to about 6.5 M. Also, Sales General And Administrative To Revenue is likely to grow to 0.13
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 46.9M | 47.3M | 42.6M | 38.1M | Other Operating Expenses | 152.6M | 6.8M | 7.9M | 7.5M |
Invesco Municipal fundamental ratios Correlations
Click cells to compare fundamentals
Invesco Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Invesco Municipal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.4B | 1.2B | 1.2B | 1.4B | 1.5B | |
Total Stockholder Equity | 907.7M | 863.4M | 715.0M | 743.5M | 669.2M | 694.5M | |
Retained Earnings | 57.6M | 12.7M | (132.9M) | (103.7M) | (119.2M) | (113.3M) | |
Accounts Payable | 2.0M | 12.6M | 18.6M | 8.6M | 7.7M | 7.2M | |
Other Assets | 360.5M | 327.9M | 159.9M | (89.0M) | (102.4M) | (97.3M) | |
Long Term Debt | 601.8M | 621.5M | 590.7M | 573.3M | 659.3M | 565.1M | |
Net Receivables | 17.2M | 18.8M | 21.4M | 12.2M | 11.0M | 12.0M | |
Short Term Investments | (407.5M) | (359.3M) | (327.9M) | (159.9M) | (143.9M) | (151.1M) | |
Total Liab | 593.2M | 586.2M | 494.9M | 437.7M | 503.4M | 557.2M | |
Long Term Investments | 1.5B | 1.4B | 1.2B | 1.2B | 1.3B | 1.4B | |
Common Stock | 850.1M | 850.7M | 848.0M | 847.2M | 974.3M | 785.9M | |
Short Long Term Debt Total | 590.7M | 573.3M | 107.1M | 427.2M | 384.5M | 448.4M | |
Other Current Liab | 467.2K | 236.7K | (18.6M) | (8.6M) | (7.7M) | (7.4M) | |
Total Current Liabilities | 2.5M | 12.8M | 20.2M | 10.2M | 11.7M | 11.1M | |
Net Debt | 219.1M | 203.0M | 85.2M | 427.2M | 384.5M | 323.5M | |
Non Current Assets Total | 1.1B | 1.1B | 1.0B | 1.3B | 1.1B | 1.1B | |
Non Currrent Assets Other | (359.3M) | (327.9M) | (159.9M) | (1.2B) | (1.3B) | (1.4B) | |
Cash And Short Term Investments | (407.5M) | 4.0M | 2.8M | 21.9M | 25.2M | 26.5M | |
Liabilities And Stockholders Equity | 1.5B | 1.4B | 1.2B | 1.2B | 1.1B | 1.2B | |
Non Current Liabilities Total | 590.7M | 573.3M | 474.7M | 427.3M | 384.6M | 448.2M | |
Total Current Assets | 20.0M | 21.5M | 43.4M | 12.2M | 14.1M | 17.2M | |
Long Term Debt Total | 601.8M | 621.5M | 590.7M | 573.3M | 516.0M | 493.6M | |
Net Invested Capital | 1.1B | 1.1B | 822.1M | 803.2M | 722.8M | 831.2M | |
Other Current Assets | 1.0 | 0.0 | (43.4M) | (12.2M) | (11.0M) | (11.6M) | |
Capital Stock | 850.1M | 850.7M | 848.0M | 847.2M | 762.5M | 679.6M |
Pair Trading with Invesco Municipal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Municipal will appreciate offsetting losses from the drop in the long position's value.Moving against Invesco Stock
0.67 | LC | LendingClub Corp | PairCorr |
0.51 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
0.51 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
0.49 | AB | AllianceBernstein | PairCorr |
0.38 | CG | Carlyle Group | PairCorr |
The ability to find closely correlated positions to Invesco Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Municipal Opportunity to buy it.
The correlation of Invesco Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Municipal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Municipal. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.781 | Dividend Share 0.511 | Earnings Share 0.97 | Revenue Per Share 0.801 | Quarterly Revenue Growth (0.01) |
The market value of Invesco Municipal is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Municipal's value that differs from its market value or its book value, called intrinsic value, which is Invesco Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Municipal's market value can be influenced by many factors that don't directly affect Invesco Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.