Invesco Value Municipal Income Trust Balance Sheet Health
Financial Health criteria checks 2/6
Invesco Value Municipal Income Trust has a total shareholder equity of $612.8M and total debt of $322.8M, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are $966.3M and $353.5M respectively.
Key information
52.7%
Debt to equity ratio
US$322.77m
Debt
Interest coverage ratio | 3x |
Cash | n/a |
Equity | US$612.79m |
Total liabilities | US$353.51m |
Total assets | US$966.30m |
Recent financial health updates
No updates
Recent updates
IIM: Deep Discount, Distribution Boost And Potential Opportunity Moving Forward
Feb 14Invesco Value Municipal Income Trust dividend declines by 4.3% to $0.0485
Feb 01IIM Vs. NUV: Invesco And Nuveen Value Municipal CEFs Compared
Jan 13Invesco Value Municipal Income Trust declares $0.0544 dividend
Oct 03Invesco Value Municipal Income Trust decreases dividend by 7% to $0.054
Sep 01Invesco Value Municipal Income Trust declares $0.0585 dividend
Aug 01Invesco Value Municipal Income Trust declares $0.0585 dividend
Jul 05Invesco Value Municipal Income Trust declares $0.064 dividend
May 10Invesco Value Municipal Income Trust declares $0.064 dividend
Feb 01Invesco Value Municipal Income Trust declares $0.064 dividend
Jan 04Invesco Value Municipal Income Trust declares $0.062 dividend
Nov 02Financial Position Analysis
Short Term Liabilities: IIM's short term assets ($32.6M) do not cover its short term liabilities ($33.5M).
Long Term Liabilities: IIM's short term assets ($32.6M) do not cover its long term liabilities ($320.0M).
Debt to Equity History and Analysis
Debt Level: IIM's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: IIM's debt to equity ratio has reduced from 66.2% to 52.7% over the past 5 years.
Debt Coverage: IIM's debt is well covered by operating cash flow (35.4%).
Interest Coverage: IIM's interest payments on its debt are not well covered by EBIT (3x coverage).