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 ETX strategic asset allocation to assess the company's strategic physical and investment asset allocation.

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 (2016–2024)

Historical Financial Flexibility Index trend for Eaton Vance Municipal Income Term Closed Fund across 9 annual periods. See ETX working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Eaton Vance Municipal Income Term Closed Fund (2016–2024)

Year-by-year free cash flow to debt coverage for Eaton Vance Municipal Income Term Closed Fund. For the full company profile including market capitalisation, see Eaton Vance Municipal Income Term Closed market cap and net worth.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
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