Invesco Municipal Income Stock Current Ratio
| OIA Stock | USD 5.63 0.05 0.90% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Invesco Municipal's long-term financial health and intrinsic value.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Invesco Municipal Income Company Current Ratio Analysis
Invesco Municipal's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Invesco Municipal Current Ratio | 4.06 X |
Most of Invesco Municipal's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco Municipal Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Invesco Municipal Income has a Current Ratio of 4.06 times. This indicator is about the same for the Capital Markets average (which is currently at 4.05) sector and 14.88% lower than that of the Financials industry. The current ratio for all United States stocks is 87.96% lower than that of the firm.
Invesco Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Municipal's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Invesco Municipal could also be used in its relative valuation, which is a method of valuing Invesco Municipal by comparing valuation metrics of similar companies.Invesco Municipal is currently under evaluation in current ratio category among its peers.
Invesco Fundamentals
| Return On Equity | 0.0569 | ||||
| Return On Asset | 0.0275 | ||||
| Profit Margin | 0.78 % | ||||
| Operating Margin | 0.88 % | ||||
| Current Valuation | 387.92 M | ||||
| Shares Outstanding | 47.68 M | ||||
| Shares Owned By Institutions | 16.46 % | ||||
| Number Of Shares Shorted | 90.65 K | ||||
| Price To Earning | 158.10 X | ||||
| Price To Book | 0.88 X | ||||
| Price To Sales | 12.08 X | ||||
| Revenue | 22.67 M | ||||
| Gross Profit | 22.22 M | ||||
| EBITDA | 17.41 M | ||||
| Net Income | 17.41 M | ||||
| Cash And Equivalents | 873.44 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 124.27 M | ||||
| Debt To Equity | 0.30 % | ||||
| Current Ratio | 4.06 X | ||||
| Book Value Per Share | 6.43 X | ||||
| Cash Flow From Operations | 37.46 M | ||||
| Short Ratio | 0.65 X | ||||
| Earnings Per Share | 0.37 X | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 268.42 M | ||||
| Total Asset | 433.94 M | ||||
| Retained Earnings | (37.71 M) | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 4.62 % | ||||
| Net Asset | 433.94 M | ||||
| Last Dividend Paid | 0.35 |
About Invesco Municipal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Municipal Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Municipal Income based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Invesco Municipal Piotroski F Score and Invesco Municipal Altman Z Score analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.
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.