Invesco Historical Balance Sheet
| VKQ Stock | USD 10.18 0.19 1.90% |
Trend analysis of Invesco Municipal Trust balance sheet accounts such as Total Assets of 1.2 B, Other Current Liab of 1.2 M, Total Current Liabilities of 7.6 M or Total Stockholder Equity of 589.3 M provides information on Invesco Municipal's total assets, liabilities, and equity, which is the actual value of Invesco Municipal Trust to its prevalent stockholders. By breaking down trends over time using Invesco Municipal balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Invesco Municipal Trust latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Invesco Municipal Trust is a good buy for the upcoming year.
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About Invesco Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Invesco Municipal Trust at a specified time, usually calculated after every quarter, six months, or one year. Invesco Municipal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Invesco Municipal and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Invesco currently owns. An asset can also be divided into two categories, current and non-current.
Invesco Municipal Balance Sheet Chart
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Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash
Cash refers to the most liquid asset of Invesco Municipal Trust, which is listed under current asset account on Invesco Municipal Trust 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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Accumulated Other Comprehensive Income
Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.Most accounts from Invesco Municipal's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Invesco Municipal Trust current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At this time, Invesco Municipal's Total Liabilities is relatively stable compared to the past year. As of 11/29/2024, Total Current Assets is likely to grow to about 17.7 M, while Net Debt is likely to drop slightly above 238.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 708.8M | 588.8M | 612.0M | 589.3M | Total Current Liabilities | 10.0M | 15.6M | 8.0M | 7.6M |
Invesco Municipal balance sheet Correlations
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Invesco Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
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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 Trust 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 Trust 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.Additional Tools for Invesco Stock Analysis
When running Invesco Municipal's price analysis, check to measure Invesco Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Municipal is operating at the current time. Most of Invesco Municipal's value examination focuses on studying past and present price action to predict the probability of Invesco Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Municipal's price. Additionally, you may evaluate how the addition of Invesco Municipal to your portfolios can decrease your overall portfolio volatility.