Pioneer Floating Rate Trust (PHD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Pioneer Floating Rate Trust (PHD) has a cash flow conversion efficiency ratio of 0.054x as of May 2025. 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 ($6.68 Million) by net assets ($124.13 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Pioneer Floating Rate Trust to measure how much of total assets are equity-financed.
Pioneer Floating Rate Trust - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Pioneer Floating Rate Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check PHD cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Pioneer Floating Rate Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pioneer Floating Rate Trust ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SRM CONTRACTORS ORD (BSE)
NSE:SRM
|
-0.025x |
|
Sungshin Cemen
KO:004980
|
0.061x |
|
Taiwan Fructose Co Ltd
TWO:4207
|
0.033x |
|
Shanghai Huayi Group Corp Ltd B
SHG:900909
|
-0.074x |
|
OM Holdings Ltd
KLSE:5298
|
-0.004x |
|
LIWANLI Innovation Co Ltd
TW:3054
|
-0.056x |
|
Impiana Hotels Bhd
KLSE:7243
|
-0.032x |
|
Li-FT Power Ltd.
F:WS0
|
-0.002x |
Annual Cash Flow Conversion Efficiency for Pioneer Floating Rate Trust (2006–2024)
The table below shows the annual cash flow conversion efficiency of Pioneer Floating Rate Trust from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see Pioneer Floating Rate Trust (PHD) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-11-30 | $127.87 Million | $13.55 Million | 0.106x | +22.17% |
| 2023-11-30 | $124.86 Million | $10.83 Million | 0.087x | -48.35% |
| 2022-11-30 | $122.37 Million | $20.55 Million | 0.168x | -86.32% |
| 2021-11-30 | $143.23 Million | $175.78 Million | 1.227x | +532.19% |
| 2020-11-30 | $276.23 Million | $53.62 Million | 0.194x | +108.63% |
| 2019-11-30 | $292.73 Million | $27.24 Million | 0.093x | +47.58% |
| 2018-11-30 | $297.90 Million | $18.78 Million | 0.063x | +8.46% |
| 2017-11-30 | $307.20 Million | $17.86 Million | 0.058x | +41.50% |
| 2016-11-30 | $309.31 Million | $12.71 Million | 0.041x | -11.77% |
| 2015-11-30 | $304.36 Million | $14.17 Million | 0.047x | -54.70% |
| 2014-11-30 | $317.24 Million | $32.60 Million | 0.103x | +124.95% |
| 2008-11-30 | $415.15 Million | $-170.98 Million | -0.412x | -3658.00% |
| 2007-11-30 | $676.07 Million | $7.83 Million | 0.012x | -84.90% |
| 2006-11-30 | $712.88 Million | $54.65 Million | 0.077x | -- |
About Pioneer Floating Rate Trust
Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Barclays U.S. High Yield Loans Index. Pioneer Floating Rate Fund, Inc. was form… Read more