RiverNorth Managed Duration Municipal Income Fund II Inc. (RMMZ) — 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. Explore RMMZ long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
RiverNorth Managed Duration Municipal Income Fund II Inc. Cash Flow Quality Index (2023–2024)
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. Check tangible equity quality of RiverNorth Managed Duration Municipal In to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for RiverNorth Managed Duration Municipal Income Fund II Inc. (2023–2024)
Year-by-year earnings quality comparison for RiverNorth Managed Duration Municipal Income Fund II Inc.. For live market cap and the full company financial profile, see RMMZ market cap.
| 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 | — |