RiverNorth Flexible Municipal Income Fund II Inc Defensive Interval Ratio
RiverNorth Flexible Municipal Income Fund II Inc defensive interval ratio. RiverNorth Flexible Municipal Income Fund II Inc (RFMZ) has a Defensive Interval Ratio of 1218 days as of June 2025. Defensive assets of $7.32 Million (cash $-, short-term investments $-, receivables $7.32 Million) cover 1218 days of daily cash needs of $6.01K/day. See RiverNorth Flexible Municipal Income Fun (RFMZ) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of RiverNorth Flexible Municipal Income Fund II Inc (2021–2025)
Defensive interval ratio of RiverNorth Flexible Municipal Income Fund II Inc from 2021 to 2025. This chart shows how RiverNorth Flexible Municipal Income Fund II Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2025, the ratio stands at 1218 days, meaning defensive assets of $7.32 Million can fund 1218 days of operations without new revenue. Read RiverNorth Flexible Municipal Income Fun (RFMZ) total liabilities for a breakdown of total debt and financial obligations.
RiverNorth Flexible Municipal Income Fund II Inc Defensive Interval Ratio by Year (2021–2025)
RiverNorth Flexible Municipal Income Fund II Inc defensive interval ratio by year from 2021 to 2025. The table below presents the year-by-year Defensive Interval Ratio for RiverNorth Flexible Municipal Income Fund II Inc from 2021 to 2025, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see RFMZ asset base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 1218 days | $7.32 Million | $6.01K/day | $- | $- | ▲ +358 days |
| 2024 | 860 days | $6.45 Million | $7.50K/day | $- | $- | ▲ +64 days |
| 2023 | 796 days | $6.18 Million | $7.76K/day | $- | $- | ▲ +503 days |
| 2022 | 292 days | $78.77 Million | $269.40K/day | $- | $- | ▲ +230 days |
| 2021 | 62 days | $4.85 Million | $78.16K/day | $- | $- | — |