MFS Municipal Income Trust (MFM) — Defensive Interval Ratio
MFS Municipal Income Trust (MFM) has a Defensive Interval Ratio of 19 days as of October 2024. Defensive assets of $6.08 Million (cash $-, short-term investments $-, receivables $6.08 Million) cover 19 days of daily cash needs of $322.77K/day. See how liquid is MFS Municipal Income Trust's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
MFS Municipal Income Trust Defensive Interval Ratio (2012–2025)
This chart shows how MFS Municipal Income Trust's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of October 2024, the ratio stands at 19 days, meaning defensive assets of $6.08 Million can fund 19 days of operations without new revenue. See MFM net asset quality score to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for MFS Municipal Income Trust (2012–2025)
The table below presents the year-by-year Defensive Interval Ratio for MFS Municipal Income Trust from 2012 to 2025, covering 14 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see MFM market cap overview.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 214 days | $372.34K | $1.74K/day | $- | $- | ▲ +195 days |
| 2024 | 19 days | $6.08 Million | $322.77K/day | $- | $- | ▲ +1 days |
| 2023 | 17 days | $5.70 Million | $327.88K/day | $- | $- | ▼ -944 days |
| 2022 | 961 days | $5.98 Million | $6.23K/day | $- | $- | ▲ +458 days |
| 2021 | 503 days | $8.07 Million | $16.04K/day | $- | $- | ▼ -1119 days |
| 2020 | 1622 days | $6.29 Million | $3.88K/day | $- | $- | ▲ +1296 days |
| 2019 | 326 days | $7.84 Million | $24.04K/day | $- | $- | ▲ +309 days |
| 2018 | 17 days | $371.41K | $21.71K/day | $- | $- | ▼ -209 days |
| 2017 | 226 days | $8.86 Million | $39.27K/day | $- | $- | ▼ -82 days |
| 2016 | 307 days | $7.52 Million | $24.47K/day | $- | $- | ▼ -59 days |
| 2015 | 366 days | $7.15 Million | $19.52K/day | $- | $- | ▲ +229 days |
| 2014 | 137 days | $7.61 Million | $55.43K/day | $- | $- | ▼ -40 days |
| 2013 | 178 days | $8.92 Million | $50.21K/day | $- | $- | ▲ +40 days |
| 2012 | 137 days | $7.28 Million | $53.11K/day | $- | $- | — |