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 debt repayment capacity of RiverNorth Managed Duration Municipal In to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see RiverNorth Managed Duration Municipal In (RMMZ) cash conversion ratio.
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..
| 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 | — |