Invesco Cash And Short Term Investments vs Non Current Assets Total Analysis

VKI Stock  USD 8.59  0.04  0.47%   
Invesco Advantage financial indicator trend analysis is infinitely more than just investigating Invesco Advantage MIT recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Invesco Advantage MIT is a good investment. Please check the relationship between Invesco Advantage Cash And Short Term Investments and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Advantage MIT. 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.

Cash And Short Term Investments vs Non Current Assets Total

Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Invesco Advantage MIT Cash And Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Invesco Advantage's Cash And Short Term Investments and Non Current Assets Total is 0.14. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Invesco Advantage MIT, assuming nothing else is changed. The correlation between historical values of Invesco Advantage's Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Invesco Advantage MIT are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., Invesco Advantage's Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Invesco Advantage MIT balance sheet. This account contains Invesco Advantage investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Invesco Advantage MIT fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Invesco Advantage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Invesco Advantage MIT 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 Advantage MIT. 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 now, Invesco Advantage's Enterprise Value is decreasing as compared to previous years.

Invesco Advantage fundamental ratios Correlations

0.870.630.780.870.59-0.82-0.57-0.470.72-0.190.650.47-0.58-0.53-0.470.09-0.490.67-0.27-0.160.02-0.570.2-0.76-0.32
0.870.930.980.680.9-0.47-0.39-0.810.95-0.630.720.37-0.88-0.39-0.710.12-0.370.4-0.24-0.050.19-0.270.32-0.41-0.43
0.630.930.970.431.0-0.15-0.2-0.930.97-0.860.690.2-0.97-0.26-0.760.19-0.250.13-0.150.060.25-0.050.33-0.1-0.4
0.780.980.970.560.96-0.32-0.33-0.870.98-0.740.670.34-0.92-0.36-0.770.17-0.340.31-0.240.00.26-0.190.38-0.25-0.47
0.870.680.430.560.38-0.86-0.53-0.340.47-0.060.70.27-0.42-0.43-0.310.05-0.390.420.05-0.440.04-0.52-0.12-0.87-0.09
0.590.91.00.960.38-0.09-0.18-0.940.97-0.880.660.17-0.97-0.27-0.760.25-0.270.08-0.130.060.28-0.020.34-0.03-0.4
-0.82-0.47-0.15-0.32-0.86-0.090.630.01-0.25-0.26-0.45-0.40.10.440.110.00.4-0.70.120.20.180.70.080.980.09
-0.57-0.39-0.2-0.33-0.53-0.180.630.21-0.290.01-0.13-0.480.130.630.18-0.420.62-0.38-0.110.08-0.190.37-0.080.650.38
-0.47-0.81-0.93-0.87-0.34-0.940.010.21-0.880.9-0.67-0.050.960.360.69-0.320.360.14-0.13-0.06-0.330.03-0.23-0.010.33
0.720.950.970.980.470.97-0.25-0.29-0.88-0.760.660.32-0.93-0.42-0.790.26-0.410.25-0.190.080.25-0.180.41-0.17-0.47
-0.19-0.63-0.86-0.74-0.06-0.88-0.260.010.9-0.76-0.470.010.850.020.66-0.240.040.25-0.07-0.15-0.39-0.17-0.29-0.270.36
0.650.720.690.670.70.66-0.45-0.13-0.670.66-0.47-0.17-0.78-0.38-0.360.2-0.360.050.19-0.27-0.12-0.4-0.27-0.470.14
0.470.370.20.340.270.17-0.4-0.48-0.050.320.01-0.170.0-0.19-0.59-0.18-0.170.62-0.480.120.53-0.150.74-0.28-0.9
-0.58-0.88-0.97-0.92-0.42-0.970.10.130.96-0.930.85-0.780.00.310.66-0.250.310.00.01-0.01-0.150.1-0.160.080.23
-0.53-0.39-0.26-0.36-0.43-0.270.440.630.36-0.420.02-0.38-0.190.310.19-0.651.0-0.1-0.360.08-0.070.53-0.030.440.12
-0.47-0.71-0.76-0.77-0.31-0.760.110.180.69-0.790.66-0.36-0.590.660.19-0.040.18-0.150.21-0.11-0.56-0.01-0.620.010.76
0.090.120.190.170.050.250.0-0.42-0.320.26-0.240.2-0.18-0.25-0.65-0.04-0.67-0.290.52-0.20.16-0.24-0.12-0.060.08
-0.49-0.37-0.25-0.34-0.39-0.270.40.620.36-0.410.04-0.36-0.170.311.00.18-0.67-0.07-0.380.06-0.080.51-0.030.40.11
0.670.40.130.310.420.08-0.7-0.380.140.250.250.050.620.0-0.1-0.15-0.29-0.07-0.740.14-0.21-0.510.32-0.59-0.34
-0.27-0.24-0.15-0.240.05-0.130.12-0.11-0.13-0.19-0.070.19-0.480.01-0.360.210.52-0.38-0.74-0.30.1-0.06-0.5-0.020.37
-0.16-0.050.060.0-0.440.060.20.08-0.060.08-0.15-0.270.12-0.010.08-0.11-0.20.060.14-0.3-0.120.10.490.31-0.21
0.020.190.250.260.040.280.18-0.19-0.330.25-0.39-0.120.53-0.15-0.07-0.560.16-0.08-0.210.1-0.120.210.620.2-0.73
-0.57-0.27-0.05-0.19-0.52-0.020.70.370.03-0.18-0.17-0.4-0.150.10.53-0.01-0.240.51-0.51-0.060.10.210.110.7-0.04
0.20.320.330.38-0.120.340.08-0.08-0.230.41-0.29-0.270.74-0.16-0.03-0.62-0.12-0.030.32-0.50.490.620.110.23-0.83
-0.76-0.41-0.1-0.25-0.87-0.030.980.65-0.01-0.17-0.27-0.47-0.280.080.440.01-0.060.4-0.59-0.020.310.20.70.23-0.02
-0.32-0.43-0.4-0.47-0.09-0.40.090.380.33-0.470.360.14-0.90.230.120.760.080.11-0.340.37-0.21-0.73-0.04-0.83-0.02
Click cells to compare fundamentals

Invesco Advantage Account Relationship Matchups

Invesco Advantage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets882.3M853.7M717.3M700.9M630.8M743.3M
Total Stockholder Equity534.7M506.8M421.0M438.0M394.2M479.5M
Other Liab15.1K18.3K23.5K31.9K28.7K27.2K
Net Tangible Assets512.6M552.9M534.7M506.8M456.1M520.8M
Retained Earnings35.4M7.1M(77.2M)(59.8M)(68.8M)(65.4M)
Accounts Payable1.2M7.4M11.8M6.4M5.7M9.0M
Other Assets210.6M196.8M101.5M700.9M806.1M846.4M
Long Term Debt354.7M363.8M346.0M339.3M390.1M348.6M
Net Receivables9.1M11.1M13.8M7.2M6.4M11.4M
Total Liab347.5M346.9M296.3M263.0M302.4M362.7M
Long Term Investments871.5M839.5M689.6M693.8M624.4M697.2M
Common Stock499.4M499.7M498.1M497.8M572.5M484.8M
Short Long Term Debt Total130.0M123.3M68.3M256.4M294.9M159.8M
Other Current Liab345.8K203.7K264.1K(138.0K)(158.6K)(166.6K)
Total Current Liabilities1.5M7.6M12.0M138.0K158.6K150.7K
Net Debt128.3M120.2M54.5M256.4M294.9M158.1M
Non Current Assets Total659.9M642.7M588.2M693.8M624.4M647.2M
Non Currrent Assets Other(211.6M)(196.8M)(101.5M)(693.7M)(797.8M)(837.7M)
Cash And Short Term Investments(237.6M)1.7M3.1M13.8M12.4M13.1M
Liabilities And Stockholders Equity882.3M853.7M717.3M700.9M630.8M708.1M
Other Stockholder Equity(1.1B)(534.7M)(506.8M)(421.0M)(378.9M)(397.8M)
Total Current Assets9.8M11.8M14.2M27.6M31.8M33.4M
Non Current Liabilities Total346.0M339.3M284.3M262.8M302.3M325.4M
Short Term Investments(237.6M)(211.6M)(196.8M)(101.5M)(91.3M)(95.9M)
Long Term Debt Total354.7M363.8M346.0M339.3M305.3M293.2M
Other Current Assets(10.8M)(11.5M)(27.6M)(7.2M)(6.4M)(6.8M)
Net Invested Capital664.8M630.0M489.2M478.3M430.4M491.0M
Capital Stock499.4M499.7M498.1M497.8M448.0M399.2M

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When determining whether Invesco Advantage MIT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Advantage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Advantage Mit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Advantage Mit Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Advantage MIT. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is Invesco Advantage'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 Advantage. 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 Advantage 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
(0.25)
Earnings Share
0.76
Revenue Per Share
0.726
Quarterly Revenue Growth
0.013
Return On Assets
0.0221
The market value of Invesco Advantage MIT 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 Advantage's value that differs from its market value or its book value, called intrinsic value, which is Invesco Advantage'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 Advantage's market value can be influenced by many factors that don't directly affect Invesco Advantage'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 Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Advantage'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.