Invesco Common Stock Total Equity vs Cash Analysis
| OIA Stock | USD 6.66 0.04 0.60% |
Invesco Municipal financial indicator trend analysis is infinitely more than just investigating Invesco Municipal Income recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Invesco Municipal Income is a good investment. Please check the relationship between Invesco Municipal Common Stock Total Equity and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Common Stock Total Equity vs Cash
Common Stock Total Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Invesco Municipal Income Common Stock Total Equity account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Invesco Municipal's Common Stock Total Equity and Cash is -0.18. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Invesco Municipal Income, assuming nothing else is changed. The correlation between historical values of Invesco Municipal's Common Stock Total Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Invesco Municipal Income are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Total Equity i.e., Invesco Municipal's Common Stock Total Equity and Cash go up and down completely randomly.
Correlation Coefficient | -0.18 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Cash
Cash refers to the most liquid asset of Invesco Municipal Income, which is listed under current asset account on Invesco Municipal Income balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Invesco Municipal customers. The amounts must be unrestricted with restricted cash listed in a different Invesco Municipal account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Income 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At present, Invesco Municipal's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 52.11, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.07.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 18.1M | 18.0M | 18.6M | 19.1M | Gross Profit | 3.1M | 20.5M | 21.2M | 13.0M |
Invesco Municipal fundamental ratios Correlations
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Invesco Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Invesco Municipal Income offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Municipal Income Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Municipal Income Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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 10.189 | Dividend Share 0.337 | Earnings Share 0.69 | Revenue Per Share 0.454 | Quarterly Revenue Growth 0.039 |
The market value of Invesco Municipal Income 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.