RiverNorth Managed Duration Municipal Income Fund Inc Cash Flow Quality Index
RiverNorth Managed Duration Municipal Income Fund Inc 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. See how financially flexible is RiverNorth Managed Duration Municipal In to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
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Cash Flow Quality Index of RiverNorth Managed Duration Municipal Income Fund Inc (2020–2023)
Cash flow quality index of RiverNorth Managed Duration Municipal Income Fund Inc from 2020 to 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. Explore RMM debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
RiverNorth Managed Duration Municipal Income Fund Inc Cash Flow Quality Index by Year (2020–2023)
RiverNorth Managed Duration Municipal Income Fund Inc cash flow quality index by year from 2020 to 2023. Year-by-year earnings quality comparison for RiverNorth Managed Duration Municipal Income Fund Inc. For the full cash flow conversion analysis, see RMM cash flow metrics.
| 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 | — |