Invesco Select Trust (LSE:IVPU) Cash-to-Debt : 0.04 (As of Nov. 2023)

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What is Invesco Select Trust Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Invesco Select Trust's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.04.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Invesco Select Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

The historical rank and industry rank for Invesco Select Trust's Cash-to-Debt or its related term are showing as below:

LSE:IVPU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: No Debt
Current: 0.04

During the past 13 years, Invesco Select Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.08.

LSE:IVPU's Cash-to-Debt is ranked worse than
91.25% of 1451 companies
in the Asset Management industry
Industry Median: 6.06 vs LSE:IVPU: 0.04

Invesco Select Trust Cash-to-Debt Historical Data

The historical data trend for Invesco Select Trust's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Invesco Select Trust Cash-to-Debt Chart

Invesco Select Trust Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash-to-Debt

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0.07

0.05

0.16

0.04

0.05

Invesco Select Trust Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.04	0.05	0.05	0.04

Competitive Comparison of Invesco Select Trust's Cash-to-Debt

For the Asset Management subindustry, Invesco Select Trust's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Invesco Select Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Select Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Invesco Select Trust's Cash-to-Debt falls into.

Invesco Select Trust Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Invesco Select Trust's Cash to Debt Ratio for the fiscal year that ended in May. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.511	/	(0	+	9.65)
	=	0.05

Invesco Select Trust's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.47	/	(0	+	12.95)
	=	0.04

Invesco Select Trust (LSE:IVPU) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Invesco Select Trust Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Invesco Select Trust's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Invesco Select Trust (LSE:IVPU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Select Trust PLC (LSE:IVPU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IVPM:UK IVPG:UK IVPB:UK

Address

Perpetual Park Drive, Perpetual Park, Henley-on-Thames, Oxfordshire, GBR, RG9 1HH

Website

https://www.invesco.com

Invesco Select Trust PLC is an investment company based in the UK. The company invests its shareholders' funds with the aim of spreading investment risk and generating returns. Its investment objective is to provide shareholders with a choice of investment strategies and policies, each intended to generate attractive risk-adjusted returns. The company focuses on investing no more than 15% of the gross assets in a single investment and not more than 10% of the gross assets invested in other listed investment companies. Its share capital comprises four share classes namely UK Equity Shares, Global Equity Income Shares, Balanced Risk Allocation Shares, and Managed Liquidity Shares and it allows shareholders to convert between share classes.

Invesco Select Trust (LSE:IVPU) Headlines

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