Invesco Municipal Trust (VKQ) Market Cap
Market Cap: $533.01M
Avg Volume: 122.99K
Industry: Asset Management
Sector: Financial Services
Market Cap Overview
Market Cap
$533.01M
Share Price
$9.6323
Shares Outstanding
55.34M
What is Invesco Municipal Trust's Market Cap?
Invesco Municipal Trust's current Market Cap as of today is $533.01M.
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 Municipal Trust, the market cap is calculated as $9.6323 x 55.34M shares = $533.01M.
As a Small Cap company, Invesco Municipal Trust is a smaller company that may offer growth opportunities.
Invesco Municipal Trust Historical Market Cap
Invesco Municipal Trust Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Invesco Municipal 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 Municipal Trust's enterprise value as of August 31, 2024 (Q2 2024) is calculated as:
- Market Cap: $533.01M
- Total Debt: $316.59M
- Cash and Equivalents: $-
- Enterprise Value: $874.93M
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 Municipal Trust Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $533.01M | 0.55% |
| 2023 | $530.11M | 1.16% |
| 2022 | $524.03M | -19.81% |
| 2021 | $653.51M | -9.06% |
| 2020 | $718.61M | 3.01% |
| 2019 | $697.59M | 6.06% |
| 2018 | $657.76M | 0.59% |
| 2017 | $653.89M | -6.41% |
| 2016 | $698.69M | -3.00% |
| 2015 | $720.27M | 2.20% |
| 2014 | $704.78M | 4.34% |
| 2013 | $675.46M | -14.73% |
| 2012 | $792.19M | N/A |
Frequently Asked Questions
Related Metrics
Explore detailed financial metrics and analysis for VKQ.