RiverNorth Opportunistic Municipal Income Fund (RMI) Enterprise Value
Price: $14.07
Market Cap: $89.69M
Avg Volume: 18.94K
Market Cap: $89.69M
Avg Volume: 18.94K
Country: US
Industry: Financial - Conglomerates
Sector: Financial Services
Industry: Financial - Conglomerates
Sector: Financial Services
Enterprise Value Summary (Quarterly)
According to RiverNorth Opportunistic Municipal Income Fund's latest quarterly financial reports:
- The enterprise value (EV) is 164.43M, which includes the market capitalization, debt, and subtracts cash and cash equivalents. EV provides a more comprehensive measure of a company's total value.
- The market capitalization is 100.40M, which is calculated by multiplying the current share price by the total number of outstanding shares.
- The stock price is $15.75, with 6.37M shares outstanding.
- The company has 23.93K in cash and cash equivalents and 64.06M in total debt.
Enterprise Value (EV) Formula:
EV = Market Cap + Total Debt - Cash and Cash Equivalents
Enterprise value is often used instead of market cap because it provides a more accurate valuation of a company by including debt and subtracting cash, giving a fuller picture of the company's total value.
Enterprise Value
$164.43M
Market Cap
$100.40M
Total Debt
$64.06M
Cash and Equivalents
$23.93K
Historical Enterprise Value
RiverNorth Opportunistic Municipal Income Fund Historical Enterprise Values
The table below shows various enterprise value metrics for each quarter, with the latest data available for 2024-06-30.
| Date | Enterprise Value | EV Change (%) | Stock Price | Number of Shares | Market Cap | Cash & Equivalents | Total Debt |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | $164.43M | 0.18% | $15.75 | 6.37M | $100.40M | $23.93K | $64.06M |
| December 31, 2023 | $164.13M | -7.67% | $15.23 | 6.37M | $97.08M | $1.24M | $68.29M |
| June 30, 2023 | $177.78M | 2.34% | $16.37 | 6.37M | $104.35M | $- | $73.42M |
| December 31, 2022 | $173.71M | -9.07% | $16.35 | 6.37M | $104.20M | $3.92M | $73.42M |
| June 30, 2022 | $191.04M | -9.42% | $17.5 | 6.37M | $111.53M | $3.92M | $83.42M |
| December 31, 2021 | $210.91M | -2.48% | $22.3 | 6.37M | $142.12M | $55.40K | $68.84M |
| June 30, 2021 | $216.28M | 9.01% | $23.16 | 6.37M | $147.60M | $172.96K | $68.84M |
| December 31, 2020 | $198.40M | -2.15% | $21.47 | 6.37M | $136.83M | $27.78K | $61.59M |
| June 30, 2020 | $202.75M | -12.37% | $21.21 | 6.37M | $135.18M | $940.00K | $68.52M |
| December 31, 2019 | $231.37M | 8.45% | $22.68 | 6.37M | $144.55M | $554.00K | $87.38M |
| June 30, 2019 | $213.33M | 2.73% | $21.33 | 6.37M | $135.94M | $534.00K | $77.92M |
| December 31, 2018 | $207.66M | - | $20.02 | 6.37M | $127.59M | $33.75K | $80.11M |
Related Metrics
Explore detailed financial metrics and analysis for RMI.