RiverNorth Flexible Municipal Income Fund II Inc (RFMZ) — 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. Explore RiverNorth Flexible Municipal Income Fun (RFMZ) cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
RiverNorth Flexible Municipal Income Fund II Inc Cash Flow Quality Index (2023–2024)
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. Check RiverNorth Flexible Municipal Income Fun (RFMZ) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for RiverNorth Flexible Municipal Income Fund II Inc (2023–2024)
Year-by-year earnings quality comparison for RiverNorth Flexible Municipal Income Fund II Inc. For live market cap and the full company financial profile, see RiverNorth Flexible Municipal Income Fun (RFMZ) market capitalisation.
| 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 | — |