Eaton Vance Municipal Income Term Closed Fund (ETX) — Financial Flexibility Index

Latest as of July 2024: 0.18x

Eaton Vance Municipal Income Term Closed Fund (ETX) has a Financial Flexibility Index of 0.18x as of July 2024. Free cash flow of $3.10 Million (operating CF $3.10 Million minus capex $1.00) represents 0% of total liabilities ($17.64 Million). Check Eaton Vance Municipal Income Term Closed (ETX) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.18x
Free Cash Flow / Total Liabilities

Free Cash Flow

$3.10 Million
Operating CF − Capex

Total Liabilities

$17.64 Million
USD

Capital Expenditures

$1.00
USD

Eaton Vance Municipal Income Term Closed Fund Financial Flexibility Index (2016–2026)

Historical Financial Flexibility Index trend for Eaton Vance Municipal Income Term Closed Fund across 11 annual periods. For the full cash flow conversion analysis, see Eaton Vance Municipal Income Term Closed (ETX) cash conversion ratio.

Annual Financial Flexibility Index for Eaton Vance Municipal Income Term Closed Fund (2016–2026)

Year-by-year free cash flow to debt coverage for Eaton Vance Municipal Income Term Closed Fund. Explore cash flow to debt ratio of Eaton Vance Municipal Income Term Closed to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2026 1.02x $8.47 Million $8.47 Million $8.33 Million ▲ +50.6%
2025 0.67x $6.64 Million $6.64 Million $9.83 Million ▼ -73.8%
2024 2.57x $84.58 Million $84.58 Million $32.87 Million ▲ +1322.5%
2023 0.18x $18.93 Million $18.93 Million $104.62 Million ▼ -1.2%
2022 0.18x $23.23 Million $23.23 Million $126.90 Million ▲ +137.7%
2021 0.08x $10.03 Million $10.03 Million $130.32 Million ▲ +3.0%
2020 0.07x $9.74 Million $9.74 Million $130.23 Million ▼ -15.2%
2019 0.09x $11.47 Million $11.47 Million $130.13 Million ▲ +25.4%
2018 0.07x $9.27 Million $9.27 Million $131.87 Million ▲ +14.4%
2017 0.06x $8.15 Million $8.15 Million $132.64 Million ▼ -22.3%
2016 0.08x $10.98 Million $10.98 Million $138.91 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities