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 (RMM) strategic asset index to assess the company's strategic physical and investment asset allocation.
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. See RMM net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the full company profile including market capitalisation, see market cap of RiverNorth Managed Duration Municipal In.
| 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 | — |