RiverNorth Managed Duration Municipal Income Fund II (RMMZ) Enterprise Value

Price: $15.13
Market Cap: $127.92M
Avg Volume: 22.75K
Country: US
Industry: Asset Management - Income
Sector: Financial Services
Beta: 0.8306575
52W Range: $14.7-16.56
Website: RiverNorth Managed Duration Municipal Income Fund II
Enterprise Value Summary (Quarterly)

According to RiverNorth Managed Duration Municipal Income Fund II's latest quarterly financial reports:

  • The enterprise value (EV) is 136.80M, 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 -, which is calculated by multiplying the current share price by the total number of outstanding shares.
  • The stock price is $16.25, with 8.42M shares outstanding.
  • The company has - in cash and cash equivalents and - 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

$136.80M

Market Cap

$136.80M

Total Debt

$-

Cash and Equivalents

$-

Historical Enterprise Value
$150.00M$150.00M$120.00M$120.00M$90.00M$90.00M$60.00M$60.00M$30.00M$30.00M$0.00$0.00Enterprise ValueJul '23Jul '23Aug '23Aug '23Sep '23Sep '23Oct '23Oct '23Nov '23Nov '23Dec '23Dec '2320242024Feb '24Feb '24Mar '24Mar '24Apr '24Apr '24May '24May '24Jun '24Jun '24
RiverNorth Managed Duration Municipal Income Fund II 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 $136.80M 3.83% $16.25 8.42M $136.80M $- $-
December 31, 2023 $131.75M - $15.65 8.42M $131.75M $- $-
June 30, 2023 $- - $16.04 - $- $- $-

Related Metrics

Explore detailed financial metrics and analysis for RMMZ.

Financial Analysis
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Company Intelligence
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Income & Revenue
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Valuation
Valuation Market Cap Enterprise Value P/E Ratio PEG Ratio P/S Ratio P/B Ratio Book Value
Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
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Dividends
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