RiverNorth Managed Duration Municipal Income Fund II (RMMZ) Financial Statements
Price: $13.99
Market Cap: $118.29M
Avg Volume: 23.96K
Market Cap: $118.29M
Avg Volume: 23.96K
Country: US
Industry: Asset Management - Income
Sector: Financial Services
Industry: Asset Management - Income
Sector: Financial Services
Beta: 0.8306575
52W Range: $13.79-16.56
Website: RiverNorth Managed Duration Municipal Income Fund II
52W Range: $13.79-16.56
Website: RiverNorth Managed Duration Municipal Income Fund II
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of RiverNorth Managed Duration Municipal Income Fund II.
Income Statement
| Breakdown | June 30, 2024 | June 30, 2023 |
|---|---|---|
| Revenue | $11.36M | $6.96M |
| Cost of Revenue | $- | $- |
| Gross Profit | $11.36M | $6.96M |
| Gross Profit Ratio | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- |
| General and Administrative Expenses | $125.36K | $56.15K |
| Selling and Marketing Expenses | $- | $- |
| Selling General and Administrative Expenses | $125.36K | $56.15K |
| Other Expenses | $- | $6.90M |
| Operating Expenses | $125.36K | $6.96M |
| Cost and Expenses | $125.36K | $6.96M |
| Interest Income | $5.47M | $6.45M |
| Interest Expense | $3.95M | $2.89M |
| Depreciation and Amortization | $- | $- |
| EBITDA | $- | $- |
| EBITDA Ratio | 0.00% | 0.00% |
| Operating Income | $11.23M | $- |
| Operating Income Ratio | 98.90% | 0.00% |
| Total Other Income Expenses Net | $- | $6.90M |
| Income Before Tax | $11.23M | $6.90M |
| Income Before Tax Ratio | 98.90% | 99.19% |
| Income Tax Expense | $- | $- |
| Net Income | $11.23M | $6.90M |
| Net Income Ratio | 98.90% | 99.19% |
| EPS | $0.00 | $0.82 |
| EPS Diluted | $0.00 | $0.82 |
| Weighted Average Shares Outstanding | - | 8.42M |
| Weighted Average Shares Outstanding Diluted | - | 8.42M |
| SEC Filing | Source | Source |
Balance Sheet
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 |
|---|---|---|---|
| Cash and Cash Equivalents | $- | $- | $6.67M |
| Short Term Investments | $- | $- | $- |
| Cash and Short Term Investments | $- | $- | $6.67M |
| Net Receivables | $2.93M | $2.71M | $23.12M |
| Inventory | $- | $- | $- |
| Other Current Assets | $-2.93M | $-2.71M | $-23.12M |
| Total Current Assets | $- | $- | $6.67M |
| Property Plant Equipment Net | $- | $- | $- |
| Goodwill | $- | $- | $- |
| Intangible Assets | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- |
| Long Term Investments | $236.77M | $239.35M | $234.38M |
| Tax Assets | $- | $- | $- |
| Other Non-Current Assets | $-236.77M | $-239.35M | $-234.38M |
| Total Non-Current Assets | $- | $- | $259.84M |
| Other Assets | $241.88M | $244.19M | $266.52M |
| Total Assets | $241.88M | $244.19M | $266.52M |
| Account Payables | $1.50M | $1.27M | $22.72M |
| Short Term Debt | $- | $- | $- |
| Tax Payables | $- | $- | $- |
| Deferred Revenue | $- | $- | $- |
| Other Current Liabilities | $-1.50M | $-1.27M | $-22.72M |
| Total Current Liabilities | $- | $- | $- |
| Long Term Debt | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- |
| Total Non-Current Liabilities | $- | $- | $- |
| Other Liabilities | $94.76M | $98.44M | $117.46M |
| Total Liabilities | $94.76M | $98.44M | $117.46M |
| Preferred Stock | $- | $- | $- |
| Common Stock | $152.51M | $160.52M | $167.06M |
| Retained Earnings | $-5.40M | $-14.77M | $-18.00M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- |
| Other Total Stockholders Equity | $- | $- | $- |
| Total Stockholders Equity | $147.11M | $145.75M | $149.06M |
| Total Equity | $147.11M | $145.75M | $149.06M |
| Total Liabilities and Stockholders Equity | $241.88M | $244.19M | $266.52M |
| Minority Interest | $- | $- | $- |
| Total Liabilities and Total Equity | $241.88M | $244.19M | $266.52M |
| Total Investments | $236.77M | $239.35M | $234.38M |
| Total Debt | $- | $- | $- |
| Net Debt | $- | $- | $-6.67M |
Cash Flow Statement
| Breakdown | June 30, 2024 | June 30, 2023 |
|---|---|---|
| Net Income | $11.23M | $6.90M |
| Depreciation and Amortization | $- | $- |
| Deferred Income Tax | $- | $- |
| Stock Based Compensation | $- | $- |
| Change in Working Capital | $-391.00K | $-938.99K |
| Accounts Receivables | $60.08K | $-997.59K |
| Inventory | $- | $- |
| Accounts Payables | $- | $- |
| Other Working Capital | $-451.08K | $58.60K |
| Other Non Cash Items | $2.57M | $-6.11M |
| Net Cash Provided by Operating Activities | $13.42M | $-145.07K |
| Investments in Property Plant and Equipment | $- | $- |
| Acquisitions Net | $- | $- |
| Purchases of Investments | $- | $- |
| Sales Maturities of Investments | $- | $- |
| Other Investing Activities | $- | $- |
| Net Cash Used for Investing Activities | $- | $- |
| Debt Repayment | $-3.69M | $3.44M |
| Common Stock Issued | $- | $- |
| Common Stock Repurchased | $- | $- |
| Dividends Paid | $-9.87M | $-10.21M |
| Other Financing Activities | $- | $- |
| Net Cash Used Provided by Financing Activities | $-13.56M | $-6.77M |
| Effect of Forex Changes on Cash | $- | $- |
| Net Change in Cash | $-145.00K | $-6.92M |
| Cash at End of Period | $1.96M | $2.10M |
| Cash at Beginning of Period | $2.10M | $9.02M |
| Operating Cash Flow | $13.42M | $-145.07K |
| Capital Expenditure | $- | $- |
| Free Cash Flow | $13.42M | $-145.07K |