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 how much of RiverNorth Managed Duration Municipal In's assets are long-term investments to see how much of total assets are deployed in long-term investments.
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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 how tangible is RiverNorth Managed Duration Municipal In's equity to evaluate the tangible quality of the company's equity base.
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 capitalisation.
| 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 | — |