RMI
Price:
$14.66
Market Cap:
$93.45M
RiverNorth Opportunistic Municipal Income Fund, Inc. operates as Closed-End Investment Fund/Investment Trust. It specializes in opportunistic investment strategies in niche markets. The firm operates as investment manager to registered funds, private funds and separately managed accounts. The company is headquartered in West Palm Beach, FL.
Industry
Financial - Conglomerates
IPO Date
2018-10-26
Stock Exchange
NYSE
Ticker
RMI
According to RiverNorth Opportunistic Municipal Income Fund, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.72. This represents a change of 300.00% compared to the average of 0.93 of the last 4 quarters.
The mean historical Current Ratio of RiverNorth Opportunistic Municipal Income Fund, Inc. over the last ten years is 2.66. The current 3.72 Current Ratio has changed 13.88% with respect to the historical average. Over the past ten years (40 quarters), RMI's Current Ratio was at its highest in in the December 2020 quarter at 25.07. The Current Ratio was at its lowest in in the December 2023 quarter at 0.
Average
2.66
Median
2.20
Minimum
0
Maximum
6.82
Discovering the peaks and valleys of RiverNorth Opportunistic Municipal Income Fund, 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 = Infinity%
Maximum Annual Current Ratio = 6.82
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.72 | Infinity% |
| 2024 | 0 | -100.00% |
| 2023 | 2.20 | -67.66% |
| 2022 | 6.82 | 1.48% |
| 2021 | 0.43 | -90.33% |
| 2020 | 4.46 | 354.17% |
The current Current Ratio of RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.97
5-year avg
2.63
10-year avg
2.66
RiverNorth Opportunistic Municipal Income Fund, Inc.’s Current Ratio is greater than RiverNorth Flexible Municipal Income Fund, Inc. (0), greater than Pear Tree Polaris Small Cap Fund (0), greater than The Central and Eastern Europe Fund, Inc. (1.10), greater than The GDL Fund (0), less than Chase Growth Fund (0), greater than PIMCO Global StocksPLUS & Income Fund (0.57), less than Reynolds Blue Chip Growth Fund (0), greater than Virtus Global Multi-Sector Income Fund (0), greater than LSV Global Value Fund (0), greater than WesMark Balanced Fund (1.22),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $86.95M | |
| 0 | $92.24M | |
| 1.10 | $113.86M | |
| 0 | $94.14M | |
| 0 | $98.52M | |
| 0.57 | $101.78M | |
| 0 | $79.89M | |
| 0 | $87.48M | |
| 0 | $92.91M | |
| 1.22 | $100.28M |
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