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Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Debt-to-Equity : 0.34 (As of Feb. 2024)


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What is Invesco Highome 2024 Target Term Debt-to-Equity?

Invesco Highome 2024 Target Term's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.00 Mil. Invesco Highome 2024 Target Term's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $23.89 Mil. Invesco Highome 2024 Target Term's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $69.89 Mil. Invesco Highome 2024 Target Term's debt to equity for the quarter that ended in Feb. 2024 was 0.34.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Invesco Highome 2024 Target Term's Debt-to-Equity or its related term are showing as below:

IHTA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31   Med: 0.33   Max: 0.37
Current: 0.34

During the past 7 years, the highest Debt-to-Equity Ratio of Invesco Highome 2024 Target Term was 0.37. The lowest was 0.31. And the median was 0.33.

IHTA's Debt-to-Equity is ranked worse than
61.81% of 1016 companies
in the Asset Management industry
Industry Median: 0.19 vs IHTA: 0.34

Invesco Highome 2024 Target Term Debt-to-Equity Historical Data

The historical data trend for Invesco Highome 2024 Target Term's Debt-to-Equity 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.

* Premium members only.

Invesco Highome 2024 Target Term Debt-to-Equity Chart

Invesco Highome 2024 Target Term Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Equity
Get a 7-Day Free Trial 0.31 0.32 0.33 0.37 0.34

Invesco Highome 2024 Target Term Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.35 0.37 0.40 0.34

Competitive Comparison of Invesco Highome 2024 Target Term's Debt-to-Equity

For the Asset Management subindustry, Invesco Highome 2024 Target Term's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Highome 2024 Target Term's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Highome 2024 Target Term's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Invesco Highome 2024 Target Term's Debt-to-Equity falls into.


Invesco Highome 2024 Target Term Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Invesco Highome 2024 Target Term's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 23.891) / 69.889
=0.34

Invesco Highome 2024 Target Term's Debt to Equity Ratio for the quarter that ended in Feb. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 23.891) / 69.889
=0.34

* 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 Highome 2024 Target Term  (NYSE:IHTA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Invesco Highome 2024 Target Term Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Invesco Highome 2024 Target Term's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco High Income 2024 Target Term (NYSE:IHTA) » Definitions » Debt-to-Equity
Comparable Companies
TTP PGZ MFD RSF FAM CXH GEG LRFC VLT IAE BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, North East, Suite 1800, Atlanta, GA, USA, 30309
Website
https://www.invesco.com
Invesco High Income 2024 Target Term is a non-diversified, closed-end management investment company. The investment objectives of the company are to provide a high level of current income and to return approximately $9.835 per share to common shareholders. The company invests in securities collateralized by loans secured by real properties and other real estate related debt securities.
Executives
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Robert C Troccoli other: Trustee 22 FOREST STREET, SCARBOROUGH ME 04074
Meadows Colin director 1360 PEACHTREE STREET, ATLANTA GA 30309
Kevin M Carome director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Loren M Starr director
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309

Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Headlines

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