RiverNorth Managed Duration Municipal Income Fund Inc (RMM) - Total Liabilities
Based on the latest financial reports, RiverNorth Managed Duration Municipal Income Fund Inc (RMM) has total liabilities worth $189.99 Million USD as of June 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore cash flow conversion of RiverNorth Managed Duration Municipal In to assess how effectively this company generates cash.
RiverNorth Managed Duration Municipal Income Fund Inc - Total Liabilities Trend (2019–2024)
This chart illustrates how RiverNorth Managed Duration Municipal Income Fund Inc's total liabilities have evolved over time, based on quarterly financial data. See RMM total equity for net asset value and shareholders' equity analysis.
RiverNorth Managed Duration Municipal Income Fund Inc Competitors by Total Liabilities
The table below lists competitors of RiverNorth Managed Duration Municipal Income Fund Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Can2 Termik AS
IS:CANTE
|
Turkey | TL4.08 Billion |
|
ProKidney Corp.
NASDAQ:PROK
|
USA | $33.27 Million |
|
Odfjell Technology Ltd
OL:OTL
|
Norway | Nkr3.01 Billion |
|
Jiin Yeeh Ding Enterprise Co Ltd
TWO:8390
|
Taiwan | NT$617.22 Million |
|
Kiri Industries Limited
NSE:KIRIINDUS
|
India | Rs18.67 Billion |
|
TruBridge Inc.
NASDAQ:TBRG
|
USA | $219.05 Million |
|
Pure Cycle Corporation
NASDAQ:PCYO
|
USA | $17.94 Million |
|
Beijing Bohui Science & Technology Co Ltd
SHG:688004
|
China | CN¥132.59 Million |
Liability Composition Analysis (2019–2024)
This chart breaks down RiverNorth Managed Duration Municipal Income Fund Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see RMM company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.37 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.65 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.40 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how RiverNorth Managed Duration Municipal Income Fund Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for RiverNorth Managed Duration Municipal Income Fund Inc (2019–2024)
The table below shows the annual total liabilities of RiverNorth Managed Duration Municipal Income Fund Inc from 2019 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $189.99 Million | -7.34% |
| 2023-12-31 | $205.05 Million | -8.27% |
| 2022-12-31 | $223.54 Million | -11.09% |
| 2021-12-31 | $251.41 Million | +9.09% |
| 2020-12-31 | $230.45 Million | -2.42% |
| 2019-12-31 | $236.16 Million | -- |
About RiverNorth Managed Duration Municipal Income Fund Inc
Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal debt securities. It seeks to invest in securities of any maturity. The fund e… Read more