Invesco Advantage MIT II (VKI) - Total Assets
Based on the latest financial reports, Invesco Advantage MIT II (VKI) holds total assets worth $672.18 Million USD as of August 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Invesco Advantage MIT II (VKI) net assets for net asset value and shareholders' equity analysis.
Invesco Advantage MIT II - Total Assets Trend (2007–2025)
This chart illustrates how Invesco Advantage MIT II's total assets have evolved over time, based on quarterly financial data.
Invesco Advantage MIT II - Asset Composition Analysis
Current Asset Composition (February 2025)
Invesco Advantage MIT II's total assets of $672.18 Million consist of 1.1% current assets and 98.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $7.18 Million | 1.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2025)
This chart illustrates how Invesco Advantage MIT II's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see how much is Invesco Advantage MIT II worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Invesco Advantage MIT II's current assets represent 1.1% of total assets in 2025, an increase from 0.0% in 2007.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2025, up from 0.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 1.1% of total assets.
Invesco Advantage MIT II Competitors by Total Assets
Key competitors of Invesco Advantage MIT II based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sprott Physical Gold Trust
TO:PHYS
|
Canada | CA$14.12 Billion |
|
Sprott Physical Silver
TO:PSLV
|
Canada | CA$9.40 Billion |
|
Reinet Investments S.C.A
AS:REINA
|
Netherlands | €6.66 Billion |
|
A.F.P. Provida
SN:PROVIDA
|
Chile | CL$1.39 Trillion |
|
Pinnacle Investment Management Group Ltd
AU:PNI
|
Australia | AU$1.07 Billion |
|
Kayne Anderson MLP Investment Closed Fund
NYSE:KYN
|
USA | $3.22 Billion |
|
Cuprum
SN:CUPRUM
|
Chile | CL$946.50 Billion |
|
Hainan Haide Industry Co Ltd
SHE:000567
|
China | CN¥8.60 Billion |
Invesco Advantage MIT II - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.30 | 2.30 | 7.43 |
| Quick Ratio | 4.30 | 2.30 | 7.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $42.00 Million | $15.61 Million | $8.16 Million |
Invesco Advantage MIT II - Advanced Valuation Insights
This section examines the relationship between Invesco Advantage MIT II's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.08 |
| Latest Market Cap to Assets Ratio | 0.59 |
| Asset Growth Rate (YoY) | -6.0% |
| Total Assets | $659.14 Million |
| Market Capitalization | $388.55 Million USD |
Valuation Analysis
Below Book Valuation: The market values Invesco Advantage MIT II's assets below their book value (0.59x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Invesco Advantage MIT II's assets decreased by 6.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Invesco Advantage MIT II (2007–2025)
The table below shows the annual total assets of Invesco Advantage MIT II from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-02-28 | $659.14 Million | -5.96% |
| 2024-02-29 | $700.92 Million | -2.28% |
| 2023-02-28 | $717.27 Million | -15.98% |
| 2022-02-28 | $853.65 Million | -3.24% |
| 2021-02-28 | $882.28 Million | -4.35% |
| 2020-02-29 | $922.39 Million | +6.19% |
| 2019-02-28 | $868.65 Million | -3.59% |
| 2018-02-28 | $900.98 Million | -3.66% |
| 2017-02-28 | $935.21 Million | -2.11% |
| 2016-02-29 | $955.33 Million | +0.13% |
| 2015-02-28 | $954.13 Million | +4.63% |
| 2014-02-28 | $911.90 Million | -5.21% |
| 2013-02-28 | $962.02 Million | +0.73% |
| 2012-02-29 | $955.04 Million | +9.55% |
| 2011-02-28 | $871.77 Million | -6.55% |
| 2009-02-28 | $932.92 Million | -26.29% |
| 2008-02-29 | $1.27 Billion | +5.04% |
| 2007-02-28 | $1.20 Billion | -- |
About Invesco Advantage MIT II
Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed inc… Read more