Pioneer Municipal High Income Trust (MHI) — Cash Flow Quality Index

Latest as of October 2024: 0.48x

Pioneer Municipal High Income Trust (MHI) has a Cash Flow Quality Index of 0.48x as of October 2024. Operating cash flow of $5.90 Million is below net income of $12.35 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore MHI debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.48x
Operating CF / Net Income

Operating Cash Flow

$5.90 Million
USD

Net Income

$12.35 Million
USD

Data as of

Oct 2024
Most recent filing

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

Historical Cash Flow Quality Index for Pioneer Municipal High Income Trust across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Pioneer Municipal High Income Trust.

Annual Cash Flow Quality Index for Pioneer Municipal High Income Trust (2007–2025)

Year-by-year earnings quality comparison for Pioneer Municipal High Income Trust.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.39x $7.39 Million $5.30 Million ▲ +500.6%
2021 -0.35x $-11.26 Million $32.34 Million ▼ -109.0%
2020 3.85x $20.39 Million $5.29 Million ▲ +300.0%
2019 0.96x $20.39 Million $21.17 Million ▼ -48.4%
2018 1.87x $20.39 Million $10.91 Million ▲ +105.0%
2007 0.91x $36.35 Million $39.88 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.