RiverNorth Flexible Municipal Income Fund II Inc Cash Flow Quality Index
RiverNorth Flexible Municipal Income Fund II Inc cash flow quality index. RiverNorth Flexible Municipal Income Fund II Inc (RFMZ) has a Cash Flow Quality Index of 0.87x as of June 2024. Operating cash flow of $27.58 Million is below net income of $31.80 Million, suggesting accrual-heavy earnings not yet converted to cash. See RFMZ financial flexibility score to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of RiverNorth Flexible Municipal Income Fund II Inc (2023–2024)
Cash flow quality index of RiverNorth Flexible Municipal Income Fund II Inc from 2023 to 2024. Historical Cash Flow Quality Index for RiverNorth Flexible Municipal Income Fund II Inc across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore RiverNorth Flexible Municipal Income Fun cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
RiverNorth Flexible Municipal Income Fund II Inc Cash Flow Quality Index by Year (2023–2024)
RiverNorth Flexible Municipal Income Fund II Inc cash flow quality index by year from 2023 to 2024. Year-by-year earnings quality comparison for RiverNorth Flexible Municipal Income Fund II Inc. For the full cash flow conversion analysis, see RFMZ operating cash flow.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.87x | $27.58 Million | $31.80 Million | ▼ -55.1% |
| 2023 | 1.93x | $30.18 Million | $15.62 Million | — |