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). Check Pioneer Municipal High Income Advantage (MAV) strategic investment index to assess the company's strategic physical and investment asset allocation.

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. See MAV working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

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 market cap of Pioneer Municipal High Income Advantage .

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