Pioneer Municipal High Income Advantage Trust (MAV) — Financial Flexibility Index

Latest as of September 2024: 10.72x

Pioneer Municipal High Income Advantage Trust (MAV) has a Financial Flexibility Index of 10.72x as of September 2024. Free cash flow of $3.54 Million (operating CF $3.54 Million minus capex $0.00) represents 11% of total liabilities ($330.06K). Also explore net asset growth rate of Pioneer Municipal High Income Advantage to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

10.72x
Free Cash Flow / Total Liabilities

Free Cash Flow

$3.54 Million
Operating CF − Capex

Total Liabilities

$330.06K
USD

Capital Expenditures

$0.00
USD

Pioneer Municipal High Income Advantage Trust Financial Flexibility Index (2007–2025)

Historical Financial Flexibility Index trend for Pioneer Municipal High Income Advantage Trust across 14 annual periods. Check MAV PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Pioneer Municipal High Income Advantage Trust (2007–2025)

Year-by-year free cash flow to debt coverage for Pioneer Municipal High Income Advantage Trust. For the full company profile including market capitalisation, see MAV stock market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.22x $10.98 Million $10.98 Million $51.06 Million ▼ -88.9%
2024 1.94x $99.09 Million $99.09 Million $51.05 Million ▼ -96.1%
2023 50.18x $52.21 Million $52.21 Million $1.04 Million ▲ +80579.2%
2022 0.06x $11.34 Million $11.34 Million $182.38 Million ▲ +157.0%
2021 -0.11x $-19.76 Million $-19.76 Million $181.03 Million ▼ -171.0%
2020 0.15x $24.67 Million $24.67 Million $160.42 Million ▼ -99.1%
2019 16.75x $24.67 Million $24.67 Million $1.47 Million ▼ -92.6%
2018 227.31x $24.67 Million $24.67 Million $108.51K ▲ +224.5%
2017 70.06x $24.67 Million $24.67 Million $352.09K
2016 0.00x $0.00 $0.00 $9.98 Million
2015 0.00x $0.00 $0.00 $401.75K ▲ +100.0%
2009 -15.36x $-73.33 Million $-73.33 Million $4.78 Million ▼ -168.7%
2008 -5.72x $-33.80 Million $-33.80 Million $5.91 Million ▼ -128.0%
2007 20.39x $39.43 Million $39.43 Million $1.93 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities