Invesco High Income Trust II
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- Market Cap.:
- $66.88 million
- Book Value:
- Revenue TTM:
- $6.55 million
- Operating Margin TTM:
- Gross Profit TTM:
- $6.21 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Invesco High Income Trust II had its IPO on 1989-06-30 under the ticker symbol VLT.
The company operates in the Financial Services sector and Asset Management industry. Invesco High Income Trust II has a staff strength of 0 employees.
Shares of Invesco High Income Trust II opened at $10.29 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $10.28 - $10.29, and closed at $10.28.
This is a -0.1% slip from the previous day's closing price.
A total volume of 10,772 shares were traded at the close of the day’s session.
In the last one week, shares of Invesco High Income Trust II have slipped by -1.15%.
Invesco High Income Trust II's Key Ratios
Invesco High Income Trust II has a market cap of $66.88 million, indicating a price to book ratio of 0.8756 and a price to sales ratio of 11.0006.
In the last 12-months Invesco High Income Trust II’s revenue was $6.55 million with a gross profit of $6.21 million and an EBITDA of $0. The EBITDA ratio measures Invesco High Income Trust II's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Invesco High Income Trust II’s operating margin was 85.14% while its return on assets stood at 3.03% with a return of equity of -9.21%.
In Q2, Invesco High Income Trust II’s quarterly earnings growth was a positive 438.9% while revenue growth was a positive 14.3%.
Invesco High Income Trust II’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-1.17 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Invesco High Income Trust II’s profitability.
Invesco High Income Trust II stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 11.0006.
Invesco High Income Trust II stock pays annual dividends of $1.157 per share, indicating a yield of 11.23% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $108.43 million
- Total Liabilities
- $2.50 million
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Invesco High Income Trust II ended 2023 with $108.43 million in total assets and $0 in total liabilities. Its intangible assets were valued at $108.43 million while shareholder equity stood at $75.24 million.
Invesco High Income Trust II ended 2023 with $0 in deferred long-term liabilities, $2.50 million in other current liabilities, 107814087.00 in common stock, $-32574245.00 in retained earnings and $0 in goodwill. Its cash balance stood at $14819.00 and cash and short-term investments were $14819.00. The company’s total short-term debt was $0 while long-term debt stood at $0.
Invesco High Income Trust II’s total current assets stands at $5.09 million while long-term investments were $103.02 million and short-term investments were $0. Its net receivables were $5.07 million compared to accounts payable of $2.50 million and inventory worth $0.
In 2023, Invesco High Income Trust II's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Invesco High Income Trust II paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Invesco High Income Trust II stock is currently trading at $10.28 per share. It touched a 52-week high of $10.7683 and a 52-week low of $10.7683. Analysts tracking the stock have a 12-month average target price of $9.
Its 50-day moving average was $10.4 and 200-day moving average was $10.13 The short ratio stood at 2.24 indicating a short percent outstanding of 0%.
Around 3.1% of the company’s stock are held by insiders while 2256.2% are held by institutions.
Frequently Asked Questions About Invesco High Income Trust II
Similar Industry Stocks (Asset Management)
Invesco High Income Trust II is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in the fixed income markets. The fund seeks to invest in securities rated between BB and C by Standard and Poor’s. It seeks to maintain an average duration of around three to four years for its portfolio. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield 2% Issuer Cap Inde. It was formerly known as Invesco Van Kampen High Income Trust II. Invesco High Income Trust II was formed on April 28, 1989 and is domiciled in the United States.