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Pioneer Muni Highome Advantage Tr (Pioneer Muni Highome Advantage Tr) Cash-to-Debt : N/A (As of Sep. 2023)


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What is Pioneer Muni Highome Advantage Tr Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Pioneer Muni Highome Advantage Tr's cash to debt ratio for the quarter that ended in Sep. 2023 was N/A.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Pioneer Muni Highome Advantage Tr's Cash-to-Debt or its related term are showing as below:

During the past 6 years, Pioneer Muni Highome Advantage Tr's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

MAV's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.66
* Ranked among companies with meaningful Cash-to-Debt only.

Pioneer Muni Highome Advantage Tr Cash-to-Debt Historical Data

The historical data trend for Pioneer Muni Highome Advantage Tr's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Pioneer Muni Highome Advantage Tr Cash-to-Debt Chart

Pioneer Muni Highome Advantage Tr Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash-to-Debt
Get a 7-Day Free Trial N/A No Debt - N/A No Debt

Pioneer Muni Highome Advantage Tr Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt N/A No Debt No Debt N/A

Competitive Comparison of Pioneer Muni Highome Advantage Tr's Cash-to-Debt

For the Asset Management subindustry, Pioneer Muni Highome Advantage Tr's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pioneer Muni Highome Advantage Tr's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Muni Highome Advantage Tr's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Pioneer Muni Highome Advantage Tr's Cash-to-Debt falls into.



Pioneer Muni Highome Advantage Tr Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Pioneer Muni Highome Advantage Tr's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Pioneer Muni Highome Advantage Tr had no debt (1).

Pioneer Muni Highome Advantage Tr's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pioneer Muni Highome Advantage Tr  (NYSE:MAV) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Pioneer Muni Highome Advantage Tr Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Pioneer Muni Highome Advantage Tr's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Pioneer Muni Highome Advantage Tr (Pioneer Muni Highome Advantage Tr) Business Description

Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Pioneer Muni High Income Advantage Tr is a closed-end fund designed to pursue high current income exempt from regular federal income tax and to seek capital appreciation. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. Geographically, its activities are carried out through the United States.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Yana Karalnik officer: CHIEF COMPLIANCE OFFICER 60 STATE STREET, BOSTON MA 02109
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Michael Melnick officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Diane Durnin other: Trustee 60 STATE STREET, BOSTON MA 02109
Baumgardner John E Jr. other: Trustee 60 STATE STREET, BOSTON MA 02109
Mark Edward Bradley officer: Treasurer 60 STATE STREET, BOSTON MA 02109
John Michael Malone officer: Chief Compliance Officer 60 STATE STREET, BOSTON MA 02019
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Wfc Holdings Corp 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255

Pioneer Muni Highome Advantage Tr (Pioneer Muni Highome Advantage Tr) Headlines