Invesco Historical Income Statement
| VMO Stock | USD 10.15 0.08 0.79% |
Historical analysis of Invesco Municipal income statement accounts such as Interest Expense of 15.8 M, Selling General Administrative of 6.5 M, Total Revenue of 32.7 M or Gross Profit of 35.5 M can show how well Invesco Municipal Opportunity performed in making a profits. Evaluating Invesco Municipal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Invesco Municipal's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Invesco Municipal 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 is a good buy for the upcoming year.
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About Invesco Income Statement Analysis
Invesco Municipal Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Invesco Municipal shareholders. The income statement also shows Invesco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Invesco Municipal Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Invesco Municipal. It is also known as Invesco Municipal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Invesco Municipal operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Invesco Municipal Opportunity is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most accounts from Invesco Municipal's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement 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 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. At this time, Invesco Municipal's Total Other Income Expense Net is very stable compared to the past year. As of the 29th of November 2024, Net Income is likely to grow to about 69 M, while Interest Expense is likely to drop about 15.8 M.
| 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 income statement Correlations
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Invesco Municipal Account Relationship Matchups
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Invesco Municipal income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 7.8M | 5.7M | 13.8M | 19.6M | 17.6M | 15.8M | |
| Selling General Administrative | 507.5K | 254.8K | 374.2K | 6.8M | 6.2M | 6.5M | |
| Total Revenue | 9.6M | (1.5M) | (111.7M) | 54.2M | 48.8M | 32.7M | |
| Gross Profit | 59.5M | (10.0M) | 54.3M | 54.2M | 48.8M | 35.5M | |
| Other Operating Expenses | 42.6M | 50.6M | 152.6M | 6.8M | 7.9M | 7.5M | |
| Operating Income | 50.7M | 46.0M | 46.9M | 47.3M | 42.6M | 38.1M | |
| Net Income From Continuing Ops | 9.1M | (1.8M) | (112.1M) | 57.2M | 51.5M | 54.0M | |
| Ebit | 16.9M | (52.3M) | (37.5M) | 124.1M | 111.7M | 117.3M | |
| Cost Of Revenue | (49.9M) | 8.5M | (166.0M) | 24.2M | 21.8M | 22.8M | |
| Total Operating Expenses | 566.7K | 323.1K | 424.6K | 6.8M | 7.9M | 8.3M | |
| Income Before Tax | 9.1M | (1.8M) | (112.1M) | 57.2M | 51.5M | 54.0M | |
| Total Other Income Expense Net | (41.6M) | 8.5M | (219.9M) | 9.8M | 11.3M | 11.9M | |
| Net Income Applicable To Common Shares | 25.6M | 111.4M | 9.1M | (1.8M) | (2.1M) | (2.0M) | |
| Net Income | 9.1M | (1.8M) | (112.1M) | 57.2M | 65.8M | 69.0M | |
| Income Tax Expense | (41.6M) | (47.7M) | (159.1M) | 47.3M | 42.6M | 44.7M | |
| Depreciation And Amortization | (50.7M) | (46.0M) | (46.9M) | (47.3M) | (42.6M) | (40.5M) | |
| Ebitda | (33.8M) | (98.3M) | (84.4M) | 76.8M | 69.1M | 72.5M | |
| Interest Income | 59.5M | 54.5M | 54.3M | 54.2M | 62.3M | 46.5M | |
| Net Interest Income | 51.6M | 48.9M | 40.5M | 34.6M | 31.1M | 37.8M |
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 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.