Invesco Municipal Trust (VKQ) — Cash Flow Quality Index

Latest as of February 2026: 0.23x

Invesco Municipal Trust (VKQ) has a Cash Flow Quality Index of 0.23x as of February 2026. Operating cash flow of $12.32 Million is below net income of $52.76 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore VKQ cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.23x
Operating CF / Net Income

Operating Cash Flow

$12.32 Million
USD

Net Income

$52.76 Million
USD

Data as of

Feb 2026
Most recent filing

Invesco Municipal Trust Cash Flow Quality Index (2004–2026)

Historical Cash Flow Quality Index for Invesco Municipal Trust across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Invesco Municipal Trust operating cash flow efficiency.

Annual Cash Flow Quality Index for Invesco Municipal Trust (2004–2026)

Year-by-year earnings quality comparison for Invesco Municipal Trust.

Year Quality Index Operating CF (USD) Net Income YoY Change
2026 1.43x $24.41 Million $17.06 Million ▼ -17.6%
2025 1.74x $34.62 Million $19.94 Million ▼ -2.4%
2024 1.78x $83.71 Million $47.08 Million ▼ -81.8%
2021 9.75x $63.60 Million $6.52 Million ▲ +10797.0%
2020 0.09x $8.33 Million $93.08 Million ▼ -94.7%
2019 1.68x $38.21 Million $22.75 Million ▲ +5.9%
2018 1.59x $41.62 Million $26.24 Million ▼ -90.6%
2017 16.90x $45.13 Million $2.67 Million ▲ +1447.0%
2016 1.09x $46.63 Million $42.68 Million ▲ +476.9%
2015 0.19x $17.31 Million $91.39 Million ▼ -79.2%
2013 0.91x $49.97 Million $54.79 Million ▲ +551.4%
2012 0.14x $15.30 Million $109.27 Million ▼ -71.0%
2010 0.48x $61.60 Million $127.75 Million ▲ +127.0%
2008 -1.79x $-7.70 Million $4.31 Million ▼ -321.2%
2007 0.81x $47.80 Million $59.17 Million ▲ +16.8%
2006 0.69x $14.90 Million $21.54 Million ▼ -26.2%
2005 0.94x $47.70 Million $50.92 Million ▲ +0.9%
2004 0.93x $38.80 Million $41.81 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.