Pioneer Municipal High Income Advantage Trust (MAV) — Financial Flexibility Index
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). Check Pioneer Municipal High Income Advantage investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
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. For the full cash flow conversion analysis, see MAV cash generation efficiency.
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. Explore cash flow to debt ratio of Pioneer Municipal High Income Advantage to assess how comfortably operating cash covers total debt obligations.
| 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 | — |