Putnam Managed Municipal Income Closed Fund (PMM) — Financial Flexibility Index

Latest as of April 2023: 4.24x

Putnam Managed Municipal Income Closed Fund (PMM) has a Financial Flexibility Index of 4.24x as of April 2023. Free cash flow of $14.06 Million (operating CF $14.06 Million minus capex $0.00) represents 4% of total liabilities ($3.32 Million). Check Putnam Managed Municipal Income Closed F cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

4.24x
Free Cash Flow / Total Liabilities

Free Cash Flow

$14.06 Million
Operating CF − Capex

Total Liabilities

$3.32 Million
USD

Capital Expenditures

$0.00
USD

Putnam Managed Municipal Income Closed Fund Financial Flexibility Index (2006–2022)

Historical Financial Flexibility Index trend for Putnam Managed Municipal Income Closed Fund across 11 annual periods. For the full cash flow conversion analysis, see Putnam Managed Municipal Income Closed F cash flow conversion.

Annual Financial Flexibility Index for Putnam Managed Municipal Income Closed Fund (2006–2022)

Year-by-year free cash flow to debt coverage for Putnam Managed Municipal Income Closed Fund. Explore PMM debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2022 0.67x $26.22 Million $26.22 Million $39.10 Million ▼ -95.7%
2021 15.76x $26.22 Million $26.22 Million $1.66 Million ▲ +27.4%
2020 12.37x $26.22 Million $26.22 Million $2.12 Million ▲ +363.6%
2019 2.67x $26.22 Million $26.22 Million $9.83 Million —
2018 0.00x $0.00 $0.00 $37.48 Million —
2017 0.00x $0.00 $0.00 $42.28 Million —
2016 0.00x $0.00 $0.00 $25.30 Million —
2015 0.00x $0.00 $0.00 $16.80 Million ▲ +100.0%
2008 -4.29x $-79.79 Million $-79.79 Million $18.60 Million ▼ -317.0%
2007 1.98x $9.29 Million $9.29 Million $4.70 Million ▼ -33.9%
2006 2.99x $30.09 Million $30.09 Million $10.06 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities