RFMZ
Price:
$13.976
Market Cap:
$340.34M
RiverNorth Flexible Municipal Income Fund II, Inc. operates as a closed-end management investment fund company. The Fund’s primary investment objective is current income exempt from regular U.S. federal income taxes and secondary investment objective is total return. The company was founded in June 11, 2020 and is headquartered in West Palm Beach, FL.[Read more]
Industry
Asset Management
IPO Date
2021-02-24
Stock Exchange
NYSE
Ticker
RFMZ
According to RiverNorth Flexible Municipal Income Fund II, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.36. This represents a change of 24.72% compared to the average of 1.89 of the last 4 quarters.
The mean historical Current Ratio of RiverNorth Flexible Municipal Income Fund II, Inc. over the last ten years is 1.41. The current 2.36 Current Ratio has changed 16.58% with respect to the historical average. Over the past ten years (40 quarters), RFMZ's Current Ratio was at its highest in in the December 2021 quarter at 6.17. The Current Ratio was at its lowest in in the June 2022 quarter at 0.94.
Average
1.41
Median
1.56
Minimum
0.17
Maximum
2.36
Discovering the peaks and valleys of RiverNorth Flexible Municipal Income Fund II, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 455.10%
Maximum Annual Current Ratio = 2.36
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0.17
Year | Current Ratio | Change |
---|---|---|
2024 | 2.36 | 8.08% |
2023 | 2.18 | 130.91% |
2022 | 0.94 | 455.10% |
The current Current Ratio of RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.83
5-year avg
1.41
10-year avg
1.41
RiverNorth Flexible Municipal Income Fund II, Inc.’s Current Ratio is greater than RiverNorth Flexible Municipal Income Fund, Inc. (0), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (0.34), less than Puyi Inc. (7.66), greater than Virtus Convertible & Income 2024 Target Term Fund (2.04), less than MFS Investment Grade Municipal Trust (3.11), greater than BlackRock MuniVest Fund, Inc. (0), greater than BlackRock MuniHoldings Quality Fund II, Inc. (-1.40), greater than DWS Municipal Income Trust (0.52), greater than BlackRock MuniHoldings Fund, Inc. (0.31), less than Nuveen California Select Tax-Free Income Portfolio (3.14), greater than Invesco High Income 2024 Target Term Fund (0), greater than Eaton Vance National Municipal Opportunities Trust (0), less than Federated Hermes Premier Municipal Income Fund (4.36), greater than DTF Tax-Free Income 2028 Term Fund Inc. (1.46), greater than John Hancock Income Securities Trust (0),
Company | Current Ratio | Market cap |
---|---|---|
0 | $96.00M | |
0.34 | $322.98M | |
7.66 | $2.21B | |
2.04 | $167.75M | |
3.11 | $66.38M | |
0 | $450.34M | |
-1.40 | $232.77M | |
0.52 | $386.24M | |
0.31 | $635.08M | |
3.14 | $84.62M | |
0 | $66.25M | |
0 | $266.40M | |
4.36 | $127.63M | |
1.46 | $79.15M | |
0 | $133.59M |
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