Invesco Pennsylvania Value Municipal Income Trust Balance Sheet Health
Financial Health criteria checks 3/6
Invesco Pennsylvania Value Municipal Income Trust has a total shareholder equity of $269.2M and total debt of $170.7M, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are $443.6M and $174.5M respectively. Invesco Pennsylvania Value Municipal Income Trust's EBIT is $15.7M making its interest coverage ratio 2.4. It has cash and short-term investments of $7.5M.
Key information
63.4%
Debt to equity ratio
US$170.65m
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$7.52m |
| Equity | US$269.16m |
| Total liabilities | US$174.45m |
| Total assets | US$443.61m |
Recent financial health updates
No updates
Recent updates
Invesco Pennsylvania Value Municipal Income Trust declares $0.0345 dividend
Feb 01Invesco Pennsylvania Value Municipal Income Trust dividend declines by 9.9% to $0.0345
Jan 03Invesco Pennsylvania Value Municipal Income Trust dividend decreases by 9.9% to $0.0425
Nov 02Invesco Pennsylvania Value Municipal Income Trust declares $0.0425 dividend
Oct 04Invesco Pennsylvania Value Municipal Income Trust declares $0.0425 dividend
Sep 02Invesco Pennsylvania Value Municipal Income Trust dividend declines by 9% to $0.0425
Aug 01Invesco Pennsylvania Value Municipal Income Trust declares $0.0465 dividend
Jul 05Invesco Pennsylvania Value Municipal Income Trust declares $0.05 dividend
May 10Invesco Pennsylvania Value Municipal Income Trust declares $0.05 dividend
Feb 01Invesco Pennsylvania Value Municipal Income Trust declares $0.05 dividend
Jan 04Invesco Pennsylvania Value Municipal Income Trust declares $0.05 dividend
Dec 01Invesco Pennsylvania Value Municipal Income Trust declares $0.05 dividend
Nov 02Financial Position Analysis
Short Term Liabilities: VPV's short term assets ($12.3M) exceed its short term liabilities ($3.8M).
Long Term Liabilities: VPV's short term assets ($12.3M) do not cover its long term liabilities ($170.7M).
Debt to Equity History and Analysis
Debt Level: VPV's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: VPV's debt to equity ratio has reduced from 73% to 63.4% over the past 5 years.
Debt Coverage: VPV's debt is well covered by operating cash flow (21%).
Interest Coverage: VPV's interest payments on its debt are not well covered by EBIT (2.4x coverage).