Invesco Municipal Trust (VKQ) — Defensive Interval Ratio

Latest as of February 2026: 384 days

Invesco Municipal Trust (VKQ) has a Defensive Interval Ratio of 384 days as of February 2026. Defensive assets of $9.96 Million (cash $-, short-term investments $-, receivables $9.96 Million) cover 384 days of daily cash needs of $25.95K/day.

Defensive Interval Ratio

384 days
Days of operational coverage

Defensive Assets

$9.96 Million
Cash + ST Investments + Receivables

Daily Cash Need

$25.95K
Current Liabilities ÷ 365

Current Liabilities

$9.47 Million
USD

Invesco Municipal Trust Defensive Interval Ratio (2004–2026)

This chart shows how Invesco Municipal Trust's Defensive Interval Ratio has evolved across 23 annual periods from 2004 to 2026. As of February 2026, the ratio stands at 384 days, meaning defensive assets of $9.96 Million can fund 384 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Invesco Municipal Trust.

Annual Defensive Interval Ratio for Invesco Municipal Trust (2004–2026)

The table below presents the year-by-year Defensive Interval Ratio for Invesco Municipal Trust from 2004 to 2026, covering 23 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See VKQ current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2026 384 days $9.96 Million $25.95K/day $- $- ▼ -211 days
2025 595 days $9.92 Million $16.66K/day $- $- ▼ -3663 days
2024 4258 days $93.59 Million $21.98K/day $- $83.88 Million ▲ +7634 days
2023 -3375 days $-143.93 Million $42.64K/day $- $-160.94 Million ▲ +7264 days
2022 -10640 days $-290.11 Million $27.27K/day $- $-304.87 Million ▲ +59148 days
2021 -69788 days $-306.29 Million $4.39K/day $- $-319.95 Million ▼ -51668 days
2020 -18119 days $-348.50 Million $19.23K/day $- $-364.65 Million ▼ -21635 days
2019 3516 days $16.00 Million $4.55K/day $- $0.00 ▲ +413 days
2018 3103 days $16.35 Million $5.27K/day $- $-1.00 ▼ -3949 days
2017 7052 days $21.78 Million $3.09K/day $- $0.00 ▲ +5864 days
2016 1189 days $19.76 Million $16.62K/day $- $0.00 ▲ +251 days
2015 937 days $15.78 Million $16.83K/day $- $0.00 ▼ -217 days
2014 1155 days $16.87 Million $14.61K/day $- $- ▲ +187 days
2013 967 days $17.60 Million $18.19K/day $- $- ▲ +938 days
2012 30 days $12.20 Million $409.59K/day $- $- ▼ -24 days
2011 53 days $15.20 Million $284.93K/day $- $- ▲ +10 days
2010 43 days $13.70 Million $319.18K/day $- $- ▲ +4 days
2009 39 days $12.90 Million $331.23K/day $- $- ▲ +16 days
2008 23 days $14.00 Million $597.53K/day $- $- ▼ -104 days
2007 127 days $30.73 Million $241.37K/day $- $1.74 Million ▼ -351 days
2006 478 days $13.50 Million $28.22K/day $- $- ▼ -22 days
2005 500 days $14.80 Million $29.59K/day $- $- ▲ +179 days
2004 321 days $14.50 Million $45.21K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)