Pioneer Municipal High Income Advantage Trust Cash Flow Conversion Efficiency
Pioneer Municipal High Income Advantage Trust cash flow conversion efficiency. Based on the latest financial reports, Pioneer Municipal High Income Advantage Trust (MAV) has a cash flow conversion efficiency ratio of 0.013x as of September 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($3.54 Million) by net assets ($275.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Pioneer Municipal High Income Advantage Trust (2007–2025)
Cash flow conversion efficiency of Pioneer Municipal High Income Advantage Trust from 2007 to 2025. This chart illustrates how Pioneer Municipal High Income Advantage Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Pioneer Municipal High Income Advantage stock price for real-time trading data and today's change.
Pioneer Municipal High Income Advantage Trust Cash Flow Conversion Ratio Explained
Pioneer Municipal High Income Advantage Trust cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Pioneer Municipal High Income Advantage Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pioneer Municipal High Income Advantage Trust ranked by their cash flow conversion efficiency. Also see MAV market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Asian Energy Services Limited
NSE:ASIANENE
|
-0.164x |
|
Conduent Inc
NASDAQ:CNDT
|
0.047x |
|
SHANDONG HI-SP.G.HD-0001
F:HRI
|
N/A |
|
Micro Systemation AB (publ)
ST:MSAB-B
|
0.161x |
|
SEEING MACHINES LTD
F:M2Z
|
N/A |
|
Taokaenoi Food & Marketing Public Company Limited
BK:TKN
|
0.148x |
|
Praemium Ltd
AU:PPS
|
0.056x |
|
Dateline Resources Ltd
AU:DTR
|
-0.116x |
Annual Cash Flow Conversion Efficiency for Pioneer Municipal High Income Advantage Trust (2007–2025)
The table below shows the annual cash flow conversion efficiency of Pioneer Municipal High Income Advantage Trust from 2007 to 2025. Review how much free cash does Pioneer Municipal High Income Advantage generate to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | $212.51 Million | $10.98 Million | 0.052x | -88.52% |
| 2024-03-31 | $220.08 Million | $99.09 Million | 0.450x | +214.35% |
| 2023-03-31 | $364.54 Million | $52.21 Million | 0.143x | +224.53% |
| 2022-03-31 | $257.05 Million | $11.34 Million | 0.044x | +164.90% |
| 2021-03-31 | $290.61 Million | $-19.76 Million | -0.068x | -177.57% |
| 2020-03-31 | $281.37 Million | $24.67 Million | 0.088x | +56.11% |
| 2019-03-31 | $439.25 Million | $24.67 Million | 0.056x | -0.51% |
| 2018-03-31 | $437.01 Million | $24.67 Million | 0.056x | -0.72% |
| 2017-03-31 | $433.85 Million | $24.67 Million | 0.057x | -- |
| 2016-03-31 | $449.02 Million | $0.00 | 0.000x | -- |
| 2015-03-31 | $450.33 Million | $0.00 | 0.000x | -- |
| 2009-03-31 | $361.15 Million | $-73.33 Million | -0.203x | -175.50% |
| 2008-03-31 | $458.56 Million | $-33.80 Million | -0.074x | -195.69% |
| 2007-03-31 | $511.97 Million | $39.43 Million | 0.077x | -- |
About Pioneer Municipal High Income Advantage Trust
Pioneer Municipal High Income Advantage Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capita… Read more