Invesco Accounts Payable vs Common Stock Analysis

VKQ Stock  USD 9.62  0.05  0.52%   
Invesco Municipal financial indicator trend analysis is infinitely more than just investigating Invesco Municipal Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Invesco Municipal Trust is a good investment. Please check the relationship between Invesco Municipal Accounts Payable and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Invesco Municipal Trust Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Invesco Municipal's Accounts Payable and Common Stock is -0.83. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Invesco Municipal Trust, assuming nothing else is changed. The correlation between historical values of Invesco Municipal's Accounts Payable and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Invesco Municipal Trust are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Invesco Municipal's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Invesco Municipal obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Invesco Municipal Trust are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock

Most indicators from Invesco Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Invesco Municipal Trust current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
As of 05/19/2024, Selling General Administrative is likely to grow to about 499.9 K. Also, Sales General And Administrative To Revenue is likely to grow to 0.01

Invesco Municipal fundamental ratios Correlations

-0.010.2-0.010.360.41-0.450.23-0.43-0.13-0.450.55-0.330.380.240.81-0.120.530.41-0.77-0.12-0.770.570.060.480.0
-0.010.180.270.150.05-0.670.01-0.010.0-0.670.03-0.62-0.530.75-0.44-0.36-0.460.260.260.630.14-0.510.640.19-0.34
0.20.180.21-0.13-0.4-0.090.18-0.21-0.27-0.090.17-0.230.00.310.070.120.12-0.21-0.150.16-0.110.040.210.22-0.31
-0.010.270.210.360.08-0.120.88-0.68-0.19-0.12-0.24-0.09-0.320.29-0.20.59-0.220.110.240.420.24-0.33-0.070.430.27
0.360.15-0.130.36-0.02-0.330.59-0.270.41-0.33-0.12-0.190.460.250.420.160.510.94-0.54-0.22-0.540.470.220.86-0.18
0.410.05-0.40.08-0.02-0.38-0.02-0.43-0.27-0.380.38-0.23-0.210.010.24-0.27-0.10.060.030.37-0.08-0.11-0.21-0.150.41
-0.45-0.67-0.09-0.12-0.33-0.38-0.080.03-0.211.0-0.040.450.09-0.43-0.090.650.03-0.440.16-0.250.350.02-0.29-0.380.0
0.230.010.180.880.59-0.02-0.08-0.62-0.05-0.08-0.290.090.110.110.150.640.150.3-0.14-0.01-0.110.11-0.190.670.31
-0.43-0.01-0.21-0.68-0.27-0.430.03-0.620.430.03-0.420.410.15-0.39-0.34-0.51-0.13-0.120.14-0.470.10.03-0.02-0.37-0.15
-0.130.0-0.27-0.190.41-0.27-0.21-0.050.43-0.2-0.390.180.29-0.24-0.01-0.260.150.45-0.16-0.41-0.270.220.020.210.05
-0.45-0.67-0.09-0.12-0.33-0.381.0-0.080.03-0.2-0.040.450.09-0.43-0.090.650.02-0.440.16-0.250.350.02-0.29-0.380.01
0.550.030.17-0.24-0.120.38-0.04-0.29-0.42-0.39-0.04-0.65-0.120.460.45-0.030.140.04-0.360.34-0.260.10.4-0.03-0.35
-0.33-0.62-0.23-0.09-0.19-0.230.450.090.410.180.45-0.650.32-0.91-0.110.210.05-0.340.15-0.590.180.18-0.85-0.330.44
0.38-0.530.0-0.320.46-0.210.090.110.150.290.09-0.120.32-0.370.74-0.020.920.42-0.76-0.79-0.730.95-0.230.44-0.07
0.240.750.310.290.250.01-0.430.11-0.39-0.24-0.430.46-0.91-0.37-0.05-0.03-0.140.33-0.070.6-0.06-0.260.860.43-0.5
0.81-0.440.07-0.20.420.24-0.090.15-0.34-0.01-0.090.45-0.110.74-0.05-0.010.880.42-0.92-0.43-0.880.88-0.090.48-0.06
-0.12-0.360.120.590.16-0.270.650.64-0.51-0.260.65-0.030.21-0.02-0.03-0.010.0-0.10.05-0.030.24-0.03-0.160.210.14
0.53-0.460.12-0.220.51-0.10.030.15-0.130.150.020.140.050.92-0.140.880.00.48-0.88-0.56-0.830.96-0.090.54-0.24
0.410.26-0.210.110.940.06-0.440.3-0.120.45-0.440.04-0.340.420.330.42-0.10.48-0.57-0.18-0.590.450.380.75-0.33
-0.770.26-0.150.24-0.540.030.16-0.140.14-0.160.16-0.360.15-0.76-0.07-0.920.05-0.88-0.570.510.95-0.91-0.11-0.630.27
-0.120.630.160.42-0.220.37-0.25-0.01-0.47-0.41-0.250.34-0.59-0.790.6-0.43-0.03-0.56-0.180.510.49-0.730.32-0.22-0.18
-0.770.14-0.110.24-0.54-0.080.35-0.110.1-0.270.35-0.260.18-0.73-0.06-0.880.24-0.83-0.590.950.49-0.86-0.11-0.630.16
0.57-0.510.04-0.330.47-0.110.020.110.030.220.020.10.180.95-0.260.88-0.030.960.45-0.91-0.73-0.86-0.160.5-0.12
0.060.640.21-0.070.22-0.21-0.29-0.19-0.020.02-0.290.4-0.85-0.230.86-0.09-0.16-0.090.38-0.110.32-0.11-0.160.36-0.6
0.480.190.220.430.86-0.15-0.380.67-0.370.21-0.38-0.03-0.330.440.430.480.210.540.75-0.63-0.22-0.630.50.36-0.14
0.0-0.34-0.310.27-0.180.410.00.31-0.150.050.01-0.350.44-0.07-0.5-0.060.14-0.24-0.330.27-0.180.16-0.12-0.6-0.14
Click cells to compare fundamentals

Invesco Municipal Account Relationship Matchups

Invesco Municipal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B976.1M919.2M1.1B1.2B
Other Current Liab(1.6M)(10.0M)(15.6M)186.7K168.1K159.7K
Total Current Liabilities1.6M10.0M15.6M8.0M7.2M6.9M
Total Stockholder Equity746.1M708.8M588.8M612.0M550.8M589.3M
Net Debt194.9M189.4M94.8M297.8M342.5M238.3M
Retained Earnings47.4M10.3M(107.8M)(84.0M)(96.6M)(91.8M)
Cash2.5M2.6M13.8M1.4M1.6M1.7M
Non Current Assets Total1.2B1.2B945.2M908.1M1.0B1.1B
Non Currrent Assets Other(1.2B)(1.2B)(945.2M)401.0461.15484.21
Other Assets320.0M2.9K2.8K919.2M827.3M868.7M
Cash And Short Term Investments2.5M2.6M13.8M1.4M1.6M1.8M
Net Receivables13.7M14.8M17.0M9.7M8.7M12.8M
Liabilities And Stockholders Equity1.2B1.2B976.1M919.2M1.1B1.2B
Other Stockholder Equity(772.9M)(746.1M)(708.8M)(588.8M)(529.9M)(503.4M)
Total Liab462.1M465.1M387.3M307.3M353.4M335.3M
Total Current Assets16.1M17.4M30.8M11.1M12.8M17.7M
Common Stock698.7M698.5M696.7M696.0M800.4M462.3M
Short Long Term Debt Total197.4M192.1M108.7M299.2M344.1M267.9M
Other Liab16.6K20.1K25.7K34.7K31.2K21.1K
Net Tangible Assets713.4M772.9M746.1M708.8M638.0M620.9M
Accounts Payable1.6M10.0M15.6M7.8M7.1M6.1M
Long Term Debt461.0M488.2M460.2M454.9M523.1M442.6M
Short Term Investments(364.7M)(320.0M)(304.9M)(160.9M)(144.8M)(152.1M)
Non Current Liabilities Total197.4M192.1M108.7M299.3M344.1M287.9M
Long Term Investments1.2B1.2B945.2M908.1M1.0B1.1B
Long Term Debt Total461.0M488.2M460.2M454.9M409.4M381.4M
Capital Surpluse700.1M698.4M698.7M698.5M628.7M574.9M
Other Current Assets(16.1M)(17.4M)(30.8M)(11.1M)(10.0M)(10.5M)
Net Invested Capital943.5M900.9M697.5M668.4M601.6M693.3M
Capital Stock698.7M698.5M696.7M696.0M626.4M558.4M

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When determining whether Invesco Municipal Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Invesco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Invesco Municipal Trust Stock. Highlighted below are key reports to facilitate an investment decision about Invesco Municipal Trust Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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Is Invesco Municipal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Municipal. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Dividend Share
0.483
Earnings Share
0.02
Revenue Per Share
0.796
Quarterly Revenue Growth
0.009
The market value of Invesco Municipal Trust is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Municipal's value that differs from its market value or its book value, called intrinsic value, which is Invesco Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Municipal's market value can be influenced by many factors that don't directly affect Invesco Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.