RFMZ
Price:
$12.89
Market Cap:
$313.89M
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.
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 3.34. This represents a change of 41.55% compared to the average of 2.36 of the last 4 quarters.
The mean historical Current Ratio of RiverNorth Flexible Municipal Income Fund II, Inc. over the last ten years is 1.80. The current 3.34 Current Ratio has changed 18.47% 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
1.80
Median
2.18
Minimum
0.17
Maximum
3.34
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 = 3.34
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0.17
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.34 | 41.64% |
| 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
2.62
5-year avg
1.80
10-year avg
1.80
RiverNorth Flexible Municipal Income Fund II, Inc.’s Current Ratio is greater than BlackRock California Municipal Income Trust (0), greater than Artisan Sustainable Emerging Markets Fund - Investor Shares (0), less than Rivernorth Managed Duration Municipal Income Fund Inc. (3.37), greater than Artisan Value Fund Inv Shs (0), less than Virtus SGA International Growth Fund Class I (0), greater than Virtus Total Return Fund Inc. (0), less than Angel Oak Financial Strategies Income Term Trust (1.77K), greater than T. Rowe Price Japan (0), greater than T. Rowe Price Credit Opportunities Fund, Inc. (0), greater than Calamos Long/Short Equity & Dynamic Income Term Trust (2.20),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $327.09M | |
| 0 | $317.45M | |
| 3.37 | $275.37M | |
| 0 | $319.74M | |
| 0 | $316.96M | |
| 0 | $300.84M | |
| 1.77K | $331.51M | |
| 0 | $311.58M | |
| 0 | $326.07M | |
| 2.20 | $292.03M |
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