Invesco Municipal Opportunity Trust Balance Sheet Health
Financial Health criteria checks 3/6
Invesco Municipal Opportunity Trust has a total shareholder equity of $710.5M and total debt of $443.7M, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are $1.2B and $471.9M respectively. Invesco Municipal Opportunity Trust's EBIT is $47.7M making its interest coverage ratio 2.6. It has cash and short-term investments of $6.1M.
Key information
62.5%
Debt to equity ratio
US$443.68m
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$6.11m |
| Equity | US$710.46m |
| Total liabilities | US$471.92m |
| Total assets | US$1.18b |
Recent financial health updates
No updates
Recent updates
Invesco Municipal Opportunity Trust dividend declines by 4.6% to $0.0376
Feb 01Invesco Municipal Opportunity Trust declares $0.0394 dividend
Jan 03Invesco Municipal Opportunity Trust dividend decreases by 13.8% to $0.0457
Nov 02Invesco Municipal Opportunity Trust declares $0.0457 dividend
Sep 02Invesco Municipal Opportunity Trust declares $0.0457 dividend
Aug 01Invesco Municipal Opportunity Trust cuts dividend by 6.9% to $0.0457
Jul 05Invesco Municipal Opportunity Trust declares $0.054 dividend
May 10Invesco Municipal Opportunity Trust declares $0.054 dividend
Feb 01Invesco Municipal Opportunity Trust declares $0.054 dividend
Jan 04Invesco Municipal Opportunity Trust declares $0.052 dividend
Dec 01Invesco Municipal Opportunity Trust declares $0.052 dividend
Nov 02Financial Position Analysis
Short Term Liabilities: VMO's short term assets ($40.2M) exceed its short term liabilities ($28.2M).
Long Term Liabilities: VMO's short term assets ($40.2M) do not cover its long term liabilities ($443.8M).
Debt to Equity History and Analysis
Debt Level: VMO's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: VMO's debt to equity ratio has reduced from 71.1% to 62.5% over the past 5 years.
Debt Coverage: VMO's debt is well covered by operating cash flow (30.4%).
Interest Coverage: VMO's interest payments on its debt are not well covered by EBIT (2.6x coverage).