Guggenheim Taxable Municipal Managed Duration Trust (GBAB) — Working Capital to Net Assets Ratio
Guggenheim Taxable Municipal Managed Duration Trust (GBAB) has a Working Capital to Net Assets ratio of -42.3% as of November 2025. Working capital of $-176.87 Million (current assets of $8.90 Million minus current liabilities of $185.77 Million) is measured against net assets of $417.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Guggenheim Taxable Municipal Managed Dur net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guggenheim Taxable Municipal Managed Duration Trust Working Capital to Net Assets (2018–2025)
This chart shows how Guggenheim Taxable Municipal Managed Duration Trust's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2025. As of November 2025, the ratio stands at -42.3%, reflecting working capital of $-176.87 Million against net assets of $417.73 Million USD. Check Guggenheim Taxable Municipal Managed Dur (GBAB) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Guggenheim Taxable Municipal Managed Duration Trust (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guggenheim Taxable Municipal Managed Duration Trust from 2018 to 2025, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Guggenheim Taxable Municipal Managed Dur (GBAB) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 0.3% | $1.31 Million | $400.31 Million | $7.11 Million | $5.80 Million | ▼ -1.3 pp |
| 2023 | 1.6% | $6.06 Million | $367.97 Million | $6.18 Million | $122.64K | ▼ -0.6 pp |
| 2022 | 2.2% | $8.98 Million | $401.12 Million | $9.52 Million | $548.62K | ▼ -2.8 pp |
| 2021 | 5.0% | $23.79 Million | $472.69 Million | $76.09 Million | $52.30 Million | ▲ +3.3 pp |
| 2020 | 1.7% | $7.19 Million | $414.17 Million | $7.77 Million | $583.79K | ▲ +0.9 pp |
| 2019 | 0.9% | $3.45 Million | $395.72 Million | $8.35 Million | $4.90 Million | ▼ -1.4 pp |
| 2018 | 2.2% | $8.86 Million | $395.22 Million | $9.16 Million | $300.00K | — |