Pioneer Municipal High Income Advantage Trust Cash Flow Quality Index

Latest as of September 2024: 0.69x

Pioneer Municipal High Income Advantage Trust cash flow quality index. Pioneer Municipal High Income Advantage Trust (MAV) has a Cash Flow Quality Index of 0.69x as of September 2024. Operating cash flow of $3.54 Million is below net income of $5.14 Million, suggesting accrual-heavy earnings not yet converted to cash. See Pioneer Municipal High Income Advantage (MAV) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

0.69x
Operating CF / Net Income

Operating Cash Flow

$3.54 Million
USD

Net Income

$5.14 Million
USD

Data as of

Sep 2024
Most recent filing

Cash Flow Quality Index of Pioneer Municipal High Income Advantage Trust (2007–2025)

Cash flow quality index of Pioneer Municipal High Income Advantage Trust from 2007 to 2025. Historical Cash Flow Quality Index for Pioneer Municipal High Income Advantage Trust across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Pioneer Municipal High Income Advantage (MAV) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Pioneer Municipal High Income Advantage Trust Cash Flow Quality Index by Year (2007–2025)

Pioneer Municipal High Income Advantage Trust cash flow quality index by year from 2007 to 2025. Year-by-year earnings quality comparison for Pioneer Municipal High Income Advantage Trust. For the full cash flow conversion analysis, see Pioneer Municipal High Income Advantage operating cash flow efficiency.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 6.25x $10.98 Million $1.76 Million ▼ -75.7%
2024 25.71x $99.09 Million $3.85 Million ▲ +3050.9%
2021 -0.87x $-19.76 Million $22.69 Million ▼ -146.4%
2020 1.88x $24.67 Million $13.12 Million ▲ +61.1%
2019 1.17x $24.67 Million $21.14 Million ▼ -48.9%
2018 2.28x $24.67 Million $10.81 Million ▼ -75.6%
2017 9.34x $24.67 Million $2.64 Million —
2016 0.00x $0.00 $20.02 Million —
2015 0.00x $0.00 $41.16 Million ▼ -100.0%
2007 0.88x $39.43 Million $44.64 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.