Pioneer Floating Rate Trust (PHD) — Working Capital to Net Assets Ratio
Pioneer Floating Rate Trust (PHD) has a Working Capital to Net Assets ratio of -2.3% as of May 2025. Working capital of $-2.85 Million (current assets of $3.70 Million minus current liabilities of $6.55 Million) is measured against net assets of $124.13 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Pioneer Floating Rate Trust balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pioneer Floating Rate Trust Working Capital to Net Assets (2012–2024)
This chart shows how Pioneer Floating Rate Trust's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of May 2025, the ratio stands at -2.3%, reflecting working capital of $-2.85 Million against net assets of $124.13 Million USD. Check how tangible is Pioneer Floating Rate Trust's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Pioneer Floating Rate Trust (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pioneer Floating Rate Trust from 2012 to 2024, covering 13 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 PHD stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -55.4% | $-70.88 Million | $127.87 Million | $158.98K | $71.04 Million | ▼ -6.7 pp |
| 2023 | -48.8% | $-60.89 Million | $124.86 Million | $4.78 Million | $65.68 Million | ▼ -48.4 pp |
| 2022 | -0.4% | $-509.71K | $122.37 Million | $3.01 Million | $3.52 Million | ▲ +2.1 pp |
| 2021 | -2.5% | $-3.63 Million | $143.23 Million | $4.82 Million | $8.45 Million | ▼ -15.8 pp |
| 2020 | 13.3% | $36.62 Million | $276.23 Million | $43.04 Million | $6.42 Million | ▲ +19.3 pp |
| 2019 | -6.0% | $-17.67 Million | $292.73 Million | $10.44 Million | $28.11 Million | ▼ -4.3 pp |
| 2018 | -1.7% | $-5.09 Million | $297.90 Million | $4.35 Million | $9.44 Million | ▲ +2.0 pp |
| 2017 | -3.7% | $-11.33 Million | $307.20 Million | $4.48 Million | $15.81 Million | ▲ +49.4 pp |
| 2016 | -53.1% | $-164.36 Million | $309.31 Million | $7.65 Million | $172.00 Million | ▼ -8.3 pp |
| 2015 | -44.8% | $-136.50 Million | $304.36 Million | $27.14 Million | $163.64 Million | ▲ +0.8 pp |
| 2014 | -45.7% | $-144.86 Million | $317.24 Million | $31.91 Million | $176.77 Million | ▼ -52.9 pp |
| 2013 | 7.2% | $36.54 Million | $505.60 Million | $41.08 Million | $4.53 Million | ▲ +6.0 pp |
| 2012 | 1.3% | $6.41 Million | $505.18 Million | $20.84 Million | $14.43 Million | — |