RiverNorth Managed Duration Municipal Income Fund II Inc. (RMMZ) — Working Capital to Net Assets Ratio
RiverNorth Managed Duration Municipal Income Fund II Inc. (RMMZ) has a Working Capital to Net Assets ratio of -1.7% as of December 2025. Working capital of $-2.29 Million (current assets of $333.00 minus current liabilities of $2.29 Million) is measured against net assets of $134.45 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See RiverNorth Managed Duration Municipal In defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
RiverNorth Managed Duration Municipal Income Fund II Inc. Working Capital to Net Assets (2022–2025)
This chart shows how RiverNorth Managed Duration Municipal Income Fund II Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at -1.7%, reflecting working capital of $-2.29 Million against net assets of $134.45 Million USD. For the complete balance sheet picture, see RiverNorth Managed Duration Municipal In (RMMZ) total assets.
Annual Working Capital to Net Assets for RiverNorth Managed Duration Municipal Income Fund II Inc. (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for RiverNorth Managed Duration Municipal Income Fund II Inc. from 2022 to 2025, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore how much of RiverNorth Managed Duration Municipal In's assets are long-term investments to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 1.7% | $2.22 Million | $131.32 Million | $3.16 Million | $935.45K | ▲ +0.7 pp |
| 2024 | 1.0% | $1.43 Million | $147.11 Million | $2.93 Million | $1.50 Million | ▼ 0.0 pp |
| 2023 | 1.0% | $1.44 Million | $145.75 Million | $2.71 Million | $1.27 Million | ▼ -3.8 pp |
| 2022 | 4.7% | $7.07 Million | $149.06 Million | $29.79 Million | $22.72 Million | — |