RiverNorth Managed Duration Municipal Income Fund Inc (RMM) — Cash Flow Quality Index
RiverNorth Managed Duration Municipal Income Fund Inc (RMM) has a Cash Flow Quality Index of 0.95x as of December 2021. Operating cash flow of $3.77 Million is below net income of $3.95 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore RMM cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
RiverNorth Managed Duration Municipal Income Fund Inc Cash Flow Quality Index (2020–2023)
Historical Cash Flow Quality Index for RiverNorth Managed Duration Municipal Income Fund Inc across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check RiverNorth Managed Duration Municipal In cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for RiverNorth Managed Duration Municipal Income Fund Inc (2020–2023)
Year-by-year earnings quality comparison for RiverNorth Managed Duration Municipal Income Fund Inc. For live market cap and the full company financial profile, see RiverNorth Managed Duration Municipal In market cap and net worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 1.49x | $37.67 Million | $25.27 Million | ▼ -24.7% |
| 2022 | 1.98x | $37.70 Million | $19.03 Million | ▲ +241.3% |
| 2020 | 0.58x | $40.14 Million | $69.16 Million | — |