RiverNorth Managed Duration Municipal Income Fund Inc (RMM) — Financial Flexibility Index
RiverNorth Managed Duration Municipal Income Fund Inc (RMM) has a Financial Flexibility Index of 0.01x as of June 2022. Free cash flow of $2.23 Million (operating CF $2.23 Million minus capex $0.00) represents 0% of total liabilities ($251.41 Million). Check RiverNorth Managed Duration Municipal In investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
RiverNorth Managed Duration Municipal Income Fund Inc Financial Flexibility Index (2019–2024)
Historical Financial Flexibility Index trend for RiverNorth Managed Duration Municipal Income Fund Inc across 6 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of RiverNorth Managed Duration Municipal In.
Annual Financial Flexibility Index for RiverNorth Managed Duration Municipal Income Fund Inc (2019–2024)
Year-by-year free cash flow to debt coverage for RiverNorth Managed Duration Municipal Income Fund Inc. Explore RMM cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.19x | $36.89 Million | $36.89 Million | $189.99 Million | ▲ +5.7% |
| 2023 | 0.18x | $37.67 Million | $37.67 Million | $205.05 Million | ▲ +8.9% |
| 2022 | 0.17x | $37.70 Million | $37.70 Million | $223.54 Million | ▲ +1801.2% |
| 2021 | 0.01x | $2.23 Million | $2.23 Million | $251.41 Million | ▼ -94.9% |
| 2020 | 0.17x | $40.14 Million | $40.14 Million | $230.45 Million | ▲ +106.8% |
| 2019 | -2.56x | $-604.82 Million | $-604.82 Million | $236.16 Million | — |