Invesco Municipal Income Opportunities Trust Balance Sheet Health
Financial Health criteria checks 2/6
Invesco Municipal Income Opportunities Trust has a total shareholder equity of $292.3M and total debt of $117.9M, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are $410.7M and $118.4M respectively.
Key information
40.3%
Debt to equity ratio
US$117.93m
Debt
| Interest coverage ratio | 4.7x |
| Cash | n/a |
| Equity | US$292.33m |
| Total liabilities | US$118.35m |
| Total assets | US$410.68m |
Recent financial health updates
No updates
Recent updates
Invesco Municipal Income Opportunities Trust declares $0.0286 dividend
Feb 01Invesco Municipal Income Opportunities Trust declares $0.0286 dividend
Jan 03Invesco Municipal Income Opportunities Trust declares $0.0286 dividend
Nov 01Invesco Municipal Income Opportunities Trust declares $0.0286 dividend
Oct 04Invesco Municipal Income Opportunities Trust declares $0.0286 dividend
Sep 02Invesco Municipal Income Opportunities Trust declares $0.0286 dividend
Aug 01Invesco Municipal Income Opportunities Trust declares $0.0316 dividend
May 10Invesco Municipal Income Opportunities Trust declares $0.0316 dividend
Feb 01Invesco Municipal Income Opportunities Trust declares $0.0316 dividend
Jan 04Invesco Municipal Income Opportunities Trust declares $0.0316 dividend
Dec 01Invesco Municipal Income Opportunities Trust declares $0.0316 dividend
Nov 02Financial Position Analysis
Short Term Liabilities: OIA's short term assets ($6.9M) exceed its short term liabilities ($468.7K).
Long Term Liabilities: OIA's short term assets ($6.9M) do not cover its long term liabilities ($117.9M).
Debt to Equity History and Analysis
Debt Level: OIA's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: OIA's debt to equity ratio has increased from 32.9% to 40.3% over the past 5 years.
Debt Coverage: OIA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OIA's interest payments on its debt are well covered by EBIT (4.7x coverage).