Pioneer Floating Rate Trust Cash Flow Conversion Efficiency
Pioneer Floating Rate Trust 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.
Cash Flow Conversion Efficiency of Pioneer Floating Rate Trust (2006–2024)
Cash flow conversion efficiency of Pioneer Floating Rate Trust from 2006 to 2024. This chart illustrates how Pioneer Floating Rate Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Pioneer Floating Rate Trust share price for real-time trading data and today's change.
Pioneer Floating Rate Trust Cash Flow Conversion Ratio Explained
Pioneer Floating Rate 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 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. Also see how much is Pioneer Floating Rate Trust worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nykode Therapeutics ASA
OL:NYKD
|
-0.079x |
|
LiveWire Group Inc.
NYSE:LVWR
|
-0.459x |
|
Mitrabara Adiperdana PT
JK:MBAP
|
-0.004x |
|
Hyloris Developmentsen Sa
BR:HYL
|
-0.058x |
|
OM Holdings Ltd
KLSE:5298
|
-0.004x |
|
Spruce Biosciences, Inc. Common Stock
NASDAQ:SPRB
|
-0.264x |
|
Globe Union Industrial Corp
TW:9934
|
0.044x |
|
Airtificial Intelligence Structures SA
MC:AI
|
0.028x |
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. Review PHD free cash flow to operating cash ratio 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 |
|---|---|---|---|---|
| 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