RiverNorth Managed Duration Municipal Income Fund II Inc. Cash Flow Quality Index
RiverNorth Managed Duration Municipal Income Fund II Inc. cash flow quality index. RiverNorth Managed Duration Municipal Income Fund II Inc. (RMMZ) has a Cash Flow Quality Index of 1.19x as of June 2024. Operating cash flow of $13.42 Million exceeds net income of $11.23 Million, indicating high earnings quality where cash backs reported profits. See RiverNorth Managed Duration Municipal In financial flexibility index 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 Managed Duration Municipal Income Fund II Inc. (2023–2024)
Cash flow quality index of RiverNorth Managed Duration Municipal Income Fund II Inc. from 2023 to 2024. Historical Cash Flow Quality Index for RiverNorth Managed Duration Municipal Income Fund II Inc. across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore RMMZ operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
RiverNorth Managed Duration Municipal Income Fund II Inc. Cash Flow Quality Index by Year (2023–2024)
RiverNorth Managed Duration Municipal Income Fund II Inc. cash flow quality index by year from 2023 to 2024. Year-by-year earnings quality comparison for RiverNorth Managed Duration Municipal Income Fund II Inc.. For the full cash flow conversion analysis, see cash flow conversion of RiverNorth Managed Duration Municipal In.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.19x | $13.42 Million | $11.23 Million | ▲ +5782.6% |
| 2023 | -0.02x | $-145.07K | $6.90 Million | — |