Invesco Advantage Municipal Income Trust II (VKI) Return on Invested Capital (ROIC)

Price: $8.4
Market Cap: $373.01M
Avg Volume: 145.12K
Country: US
Industry: Asset Management - Income
Sector: Financial Services
Beta: 0.597
52W Range: $7.89-9.42
Website: Invesco Advantage Municipal Income Trust II

Return on Invested Capital (ROIC) Summary

Invesco Advantage Municipal Income Trust II's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 24696.38%
  • Quarterly: 391.91%
  • TTM: 1045.15%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess Invesco Advantage Municipal Income Trust II's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 7.78%
    • Quarterly: 2.47%
    • TTM: 12.62%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 4.86%
    • Quarterly: 1.58%
    • TTM: 8.07%

These metrics provide insights into Invesco Advantage Municipal Income Trust II's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

24696.38%

Quarterly ROIC

391.91%

TTM ROIC

1045.15%

Invesco Advantage Municipal Income Trust II Historical ROIC

28400.84%28400.84%25555.49%25555.49%22710.14%22710.14%19864.79%19864.79%17019.44%17019.44%14174.09%14174.09%11328.74%11328.74%8483.39%8483.39%5638.04%5638.04%2792.69%2792.69%-52.66%-52.66%ROIC24696.38%-2.59%-52.66%25.98%2.79%4.45%1.05%0.22%3.28%3.90%201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

13.77%13.77%10.87%10.87%7.98%7.98%5.09%5.09%2.19%2.19%-0.70%-0.70%-3.59%-3.59%-6.48%-6.48%-9.38%-9.38%-12.27%-12.27%-15.16%-15.16%ROE7.78%-15.16%-0.50%1.13%11.60%3.01%3.70%0.38%5.53%11.97%201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

8.18%8.18%6.47%6.47%4.76%4.76%3.06%3.06%1.35%1.35%-0.36%-0.36%-2.07%-2.07%-3.77%-3.77%-5.48%-5.48%-7.19%-7.19%-8.90%-8.90%ROA4.86%-8.90%-0.29%0.69%6.95%1.78%2.15%0.22%3.26%7.11%201620162017201720182018201920192020202020212021202220222023202320242024

Invesco Advantage Municipal Income Trust II Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROIC ROE ROA
2024 24696.38% 7.78% 4.86%
2023 -2.59% -15.16% -8.90%
2022 -52.66% -0.50% -0.29%
2021 25.98% 1.13% 0.69%
2020 2.79% 11.60% 6.95%
2019 4.45% 3.01% 1.78%
2018 1.05% 3.70% 2.15%
2017 0.22% 0.38% 0.22%
2016 3.28% 5.53% 3.26%
2015 3.90% 11.97% 7.11%

Related Metrics

Explore detailed financial metrics and analysis for VKI.

Financial Analysis
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Returns & Ratios
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