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Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Owner Earnings per Share (TTM) : 0.00 (As of Feb. 2024)


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What is Invesco Highome 2024 Target Term Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Invesco Highome 2024 Target Term does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Invesco Highome 2024 Target Term's Owner Earnings per Share (TTM) or its related term are showing as below:



IHTA's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.93
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Invesco Highome 2024 Target Term's Earnings per Share (Diluted) for the six months ended in Feb. 2024 was $0.45. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.02. It's PE Ratio ratio for today is At Loss.

Invesco Highome 2024 Target Term's EPS without NRI for the six months ended in Feb. 2024 was $0.45. Its EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.02. It's PE Ratio without NRI ratio for today is At Loss.


Invesco Highome 2024 Target Term Owner Earnings per Share (TTM) Historical Data

The historical data trend for Invesco Highome 2024 Target Term's Owner Earnings per Share (TTM) 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 Owner Earnings per Share (TTM) Chart

Invesco Highome 2024 Target Term Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Owner Earnings per Share (TTM)
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Invesco Highome 2024 Target Term Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Invesco Highome 2024 Target Term's Owner Earnings per Share (TTM)

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

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

* The bar in red indicates where Invesco Highome 2024 Target Term's Price-to-Owner-Earnings falls into.



Invesco Highome 2024 Target Term Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Invesco Highome 2024 Target Term does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Invesco Highome 2024 Target Term Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Invesco Highome 2024 Target Term's Owner Earnings per Share (TTM) 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

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, North East, Suite 1800, Atlanta, GA, USA, 30309
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