Invesco Quality Municipal Income Trust (IQI) Market Cap
Market Cap: $509.80M
Avg Volume: 172.90K
Industry: Asset Management - Income
Sector: Financial Services
Market Cap Overview
Market Cap
$509.80M
Share Price
$9.64
Shares Outstanding
52.88M
What is Invesco Quality Municipal Income Trust's Market Cap?
Invesco Quality Municipal Income Trust's current Market Cap as of today is $509.80M.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Invesco Quality Municipal Income Trust, the market cap is calculated as $9.64 x 52.88M shares = $509.80M.
As a Small Cap company, Invesco Quality Municipal Income Trust is a smaller company that may offer growth opportunities.
Invesco Quality Municipal Income Trust Historical Market Cap
Invesco Quality Municipal Income Trust Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Invesco Quality Municipal Income Trust, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Invesco Quality Municipal Income Trust's enterprise value as of August 31, 2024 (Q2 2024) is calculated as:
- Market Cap: $509.80M
- Total Debt: $281.56M
- Cash and Equivalents: $-
- Enterprise Value: $815.68M
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Invesco Quality Municipal Income Trust Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $509.80M | 0.63% |
| 2023 | $506.63M | 1.16% |
| 2022 | $500.81M | -19.95% |
| 2021 | $625.62M | -6.56% |
| 2020 | $669.51M | -0.55% |
| 2019 | $673.21M | 6.17% |
| 2018 | $634.08M | 0.08% |
| 2017 | $633.55M | -3.85% |
| 2016 | $658.93M | -4.01% |
| 2015 | $686.43M | 3.18% |
| 2014 | $665.28M | 6.07% |
| 2013 | $627.20M | -13.05% |
| 2012 | $721.34M | 159.80% |
| 2010 | $277.65M | N/A |
Frequently Asked Questions
Related Metrics
Explore detailed financial metrics and analysis for IQI.