Invesco Price To Sales Ratio vs Book Value Per Share Analysis
VKQ Stock | USD 9.88 0.06 0.60% |
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 Price To Sales Ratio and its Book Value Per Share 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 closely tied with the direction of predictive economic indicators such as signals in industry.
Price To Sales Ratio vs Book Value Per Share
Price To Sales Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Invesco Municipal Trust Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Invesco Municipal's Price To Sales Ratio and Book Value Per Share is 0.15. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share 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 Price To Sales Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Invesco Municipal Trust are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Invesco Municipal's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Invesco Municipal Trust stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Invesco Municipal sales, a figure that is much harder to manipulate than other Invesco Municipal Trust multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.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 closely tied with the direction of predictive economic indicators such as signals in industry. As of 06/10/2024, 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
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Invesco Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Invesco Municipal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.2B | 976.1M | 919.2M | 1.1B | 1.2B | |
Other Current Liab | (1.6M) | (10.0M) | (15.6M) | 186.7K | 168.1K | 159.7K | |
Total Current Liabilities | 1.6M | 10.0M | 15.6M | 8.0M | 7.2M | 6.9M | |
Total Stockholder Equity | 746.1M | 708.8M | 588.8M | 612.0M | 550.8M | 589.3M | |
Net Debt | 194.9M | 189.4M | 94.8M | 297.8M | 342.5M | 238.3M | |
Retained Earnings | 47.4M | 10.3M | (107.8M) | (84.0M) | (96.6M) | (91.8M) | |
Cash | 2.5M | 2.6M | 13.8M | 1.4M | 1.6M | 1.7M | |
Non Current Assets Total | 1.2B | 1.2B | 945.2M | 908.1M | 1.0B | 1.1B | |
Non Currrent Assets Other | (1.2B) | (1.2B) | (945.2M) | 401.0 | 461.15 | 484.21 | |
Other Assets | 320.0M | 2.9K | 2.8K | 919.2M | 827.3M | 868.7M | |
Cash And Short Term Investments | 2.5M | 2.6M | 13.8M | 1.4M | 1.6M | 1.8M | |
Net Receivables | 13.7M | 14.8M | 17.0M | 9.7M | 8.7M | 12.8M | |
Liabilities And Stockholders Equity | 1.2B | 1.2B | 976.1M | 919.2M | 1.1B | 1.2B | |
Other Stockholder Equity | (772.9M) | (746.1M) | (708.8M) | (588.8M) | (529.9M) | (503.4M) | |
Total Liab | 462.1M | 465.1M | 387.3M | 307.3M | 353.4M | 335.3M | |
Total Current Assets | 16.1M | 17.4M | 30.8M | 11.1M | 12.8M | 17.7M | |
Common Stock | 698.7M | 698.5M | 696.7M | 696.0M | 800.4M | 462.3M | |
Short Long Term Debt Total | 197.4M | 192.1M | 108.7M | 299.2M | 344.1M | 267.9M | |
Other Liab | 16.6K | 20.1K | 25.7K | 34.7K | 31.2K | 21.1K | |
Net Tangible Assets | 713.4M | 772.9M | 746.1M | 708.8M | 638.0M | 620.9M | |
Accounts Payable | 1.6M | 10.0M | 15.6M | 7.8M | 7.1M | 6.1M | |
Long Term Debt | 461.0M | 488.2M | 460.2M | 454.9M | 523.1M | 442.6M | |
Short Term Investments | (364.7M) | (320.0M) | (304.9M) | (160.9M) | (144.8M) | (152.1M) | |
Non Current Liabilities Total | 197.4M | 192.1M | 108.7M | 299.3M | 344.1M | 287.9M | |
Long Term Investments | 1.2B | 1.2B | 945.2M | 908.1M | 1.0B | 1.1B | |
Long Term Debt Total | 461.0M | 488.2M | 460.2M | 454.9M | 409.4M | 381.4M | |
Capital Surpluse | 700.1M | 698.4M | 698.7M | 698.5M | 628.7M | 574.9M | |
Other Current Assets | (16.1M) | (17.4M) | (30.8M) | (11.1M) | (10.0M) | (10.5M) | |
Net Invested Capital | 943.5M | 900.9M | 697.5M | 668.4M | 601.6M | 693.3M | |
Capital Stock | 698.7M | 698.5M | 696.7M | 696.0M | 626.4M | 558.4M |
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When running Invesco Municipal's price analysis, check to measure Invesco Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Municipal is operating at the current time. Most of Invesco Municipal's value examination focuses on studying past and present price action to predict the probability of Invesco Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Municipal's price. Additionally, you may evaluate how the addition of Invesco Municipal to your portfolios can decrease your overall portfolio volatility.