Eaton Vance Municipal Income Term Closed Fund Financial Flexibility Index

Latest as of July 2024: 0.18x

Eaton Vance Municipal Income Term Closed Fund financial flexibility index. 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). See ETX FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

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

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

Financial flexibility index of Eaton Vance Municipal Income Term Closed Fund from 2016 to 2026. Historical Financial Flexibility Index trend for Eaton Vance Municipal Income Term Closed Fund across 11 annual periods. Check ETX operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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

Eaton Vance Municipal Income Term Closed Fund financial flexibility index by year from 2016 to 2026. Year-by-year free cash flow to debt coverage for Eaton Vance Municipal Income Term Closed Fund. For the full cash flow conversion analysis, see Eaton Vance Municipal Income Term Closed operating cash flow efficiency.

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