DTF Tax Free Income Closed Fund (DTF) — Cash Flow Quality Index

Latest as of April 2023: 0.89x

DTF Tax Free Income Closed Fund (DTF) has a Cash Flow Quality Index of 0.89x as of April 2023. Operating cash flow of $5.12 Million is below net income of $5.78 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore DTF long-term investments to assets to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.89x
Operating CF / Net Income

Operating Cash Flow

$5.12 Million
USD

Net Income

$5.78 Million
USD

Data as of

Apr 2023
Most recent filing

DTF Tax Free Income Closed Fund Cash Flow Quality Index (2006–2023)

Historical Cash Flow Quality Index for DTF Tax Free Income Closed Fund across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check DTF tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for DTF Tax Free Income Closed Fund (2006–2023)

Year-by-year earnings quality comparison for DTF Tax Free Income Closed Fund. For live market cap and the full company financial profile, see DTF market cap.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 14.10x $43.42 Million $3.08 Million ▲ +42.0%
2021 9.93x $29.19 Million $2.94 Million ▲ +844.0%
2020 1.05x $4.67 Million $4.44 Million ▲ +314.4%
2019 0.25x $3.64 Million $14.33 Million ▼ -90.9%
2017 2.78x $3.03 Million $1.09 Million ▲ +145.4%
2016 1.13x $8.46 Million $7.47 Million ▼ -25.0%
2015 1.51x $5.90 Million $3.91 Million ▲ +515.3%
2014 0.25x $3.77 Million $15.36 Million ▼ -33.5%
2007 0.37x $1.42 Million $3.84 Million ▼ -51.9%
2006 0.77x $7.09 Million $9.26 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.