RiverNorth Managed Duration Municipal Income Fund II Inc. (RMMZ) - Total Assets
Based on the latest financial reports, RiverNorth Managed Duration Municipal Income Fund II Inc. (RMMZ) holds total assets worth $223.38 Million USD as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore RiverNorth Managed Duration Municipal In (RMMZ) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
RiverNorth Managed Duration Municipal Income Fund II Inc. - Total Assets Trend (2022–2025)
This chart illustrates how RiverNorth Managed Duration Municipal Income Fund II Inc.'s total assets have evolved over time, based on quarterly financial data. See RMMZ net asset value for net asset value and shareholders' equity analysis.
RiverNorth Managed Duration Municipal Income Fund II Inc. - Asset Composition Analysis
Current Asset Composition (June 2025)
RiverNorth Managed Duration Municipal Income Fund II Inc.'s total assets of $223.38 Million consist of 1.4% current assets and 98.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $3.16 Million | 1.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2025)
This chart illustrates how RiverNorth Managed Duration Municipal Income Fund II Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of RiverNorth Managed Duration Municipal In.
Key Asset Composition Facts
- Current vs. Non-Current Assets: RiverNorth Managed Duration Municipal Income Fund II Inc.'s current assets represent 1.4% of total assets in 2025, a decrease from 11.2% in 2022.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2025, down from 2.5% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 1.4% of total assets.
RiverNorth Managed Duration Municipal Income Fund II Inc. Competitors by Total Assets
Key competitors of RiverNorth Managed Duration Municipal Income Fund II Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sequoia Econ Infrastructure
LSE:SEQI
|
UK | GBX1.40 Billion |
|
Baker Steel Resources Trust
LSE:BSRT
|
UK | GBX111.25 Million |
|
HDFC Asset Management Company Limited
NSE:HDFCAMC
|
India | Rs99.91 Billion |
|
Sprott Physical Silver
TO:PSLV
|
Canada | CA$9.40 Billion |
|
Groep Brussel Lambert NV
BR:GBLB
|
Belgium | €25.06 Billion |
|
Australian Foundation Investment Company Ltd
AU:AFI
|
Australia | AU$9.94 Billion |
|
Compagnie du Cambodge
PA:CBDG
|
France | €6.94 Billion |
|
Remgro Ltd
JSE:REM
|
South Africa | ZAC146.72 Billion |
RiverNorth Managed Duration Municipal Income Fund II Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.38 | 1.96 | 2.24 |
| Quick Ratio | 3.38 | 1.96 | 2.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.22 Million | $1.43 Million | $1.87 Million |
RiverNorth Managed Duration Municipal Income Fund II Inc. - Advanced Valuation Insights
This section examines the relationship between RiverNorth Managed Duration Municipal Income Fund II Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.96 |
| Latest Market Cap to Assets Ratio | 0.56 |
| Asset Growth Rate (YoY) | -7.6% |
| Total Assets | $223.38 Million |
| Market Capitalization | $124.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values RiverNorth Managed Duration Municipal Income Fund II Inc.'s assets below their book value (0.56x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: RiverNorth Managed Duration Municipal Income Fund II Inc.'s assets decreased by 7.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for RiverNorth Managed Duration Municipal Income Fund II Inc. (2022–2025)
The table below shows the annual total assets of RiverNorth Managed Duration Municipal Income Fund II Inc. from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $223.38 Million | -7.65% |
| 2024-06-30 | $241.88 Million | -0.95% |
| 2023-06-30 | $244.19 Million | -8.38% |
| 2022-06-30 | $266.52 Million | -- |
About RiverNorth Managed Duration Municipal Income Fund II Inc.
RiverNorth Managed Duration Municipal Income Fund II Inc. operates in various business sectors.