RiverNorth Managed Duration Municipal Income Fund Inc (RMM) — Financial Flexibility Index

Latest as of June 2022: 0.01x

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). Also explore RMM net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

$2.23 Million
Operating CF − Capex

Total Liabilities

$251.41 Million
USD

Capital Expenditures

$0.00
USD

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. Check RiverNorth Managed Duration Municipal In PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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 RiverNorth Managed Duration Municipal In market capitalisation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities