Pioneer Municipal High Income Advantage Trust (MAV) — Cash Flow-to-Debt Ratio
Pioneer Municipal High Income Advantage Trust (MAV) has a Cash Flow-to-Debt Ratio of 10.72x as of September 2024, meaning its operating cash flow of $3.54 Million could theoretically repay 11% of its total liabilities ($330.06K) in one year. See how financially flexible is Pioneer Municipal High Income Advantage to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Pioneer Municipal High Income Advantage Trust Cash Flow-to-Debt Ratio (2007–2025)
Historical debt coverage capacity for Pioneer Municipal High Income Advantage Trust across 14 annual periods. For the full cash flow conversion analysis, see MAV operating cash flow.
Annual Cash Flow-to-Debt Ratio for Pioneer Municipal High Income Advantage Trust (2007–2025)
Year-by-year debt coverage analysis for Pioneer Municipal High Income Advantage Trust. Check how high is Pioneer Municipal High Income Advantage 's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.22x | $10.98 Million | $51.06 Million | ▼ -88.9% |
| 2024 | 1.94x | $99.09 Million | $51.05 Million | ▼ -96.1% |
| 2023 | 50.18x | $52.21 Million | $1.04 Million | ▲ +80579.2% |
| 2022 | 0.06x | $11.34 Million | $182.38 Million | ▲ +157.0% |
| 2021 | -0.11x | $-19.76 Million | $181.03 Million | ▼ -171.0% |
| 2020 | 0.15x | $24.67 Million | $160.42 Million | ▼ -99.1% |
| 2019 | 16.75x | $24.67 Million | $1.47 Million | ▼ -92.6% |
| 2018 | 227.31x | $24.67 Million | $108.51K | ▲ +224.5% |
| 2017 | 70.06x | $24.67 Million | $352.09K | — |
| 2016 | 0.00x | $0.00 | $9.98 Million | — |
| 2015 | 0.00x | $0.00 | $401.75K | ▲ +100.0% |
| 2009 | -15.36x | $-73.33 Million | $4.78 Million | ▼ -168.7% |
| 2008 | -5.72x | $-33.80 Million | $5.91 Million | ▼ -128.0% |
| 2007 | 20.39x | $39.43 Million | $1.93 Million | — |