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RiverNorth Flexible Municipalome Fund Cash-to-Debt

: 0.00 (As of Jun. 2021)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. RiverNorth Flexible Municipalome Fund's cash to debt ratio for the quarter that ended in Jun. 2021 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, RiverNorth Flexible Municipalome Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

The historical rank and industry rank for RiverNorth Flexible Municipalome Fund's Cash-to-Debt or its related term are showing as below:


RiverNorth Flexible Municipalome Fund Cash-to-Debt Historical Data

The historical data trend for RiverNorth Flexible Municipalome Fund's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RiverNorth Flexible Municipalome Fund Annual Data
Trend Jun20 Jun21
Cash-to-Debt
- -

RiverNorth Flexible Municipalome Fund Semi-Annual Data
Jun20 Dec20 Jun21
Cash-to-Debt - - -

Competitive Comparison

For the Asset Management subindustry, RiverNorth Flexible Municipalome Fund's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

RiverNorth Flexible Municipalome Fund Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, RiverNorth Flexible Municipalome Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where RiverNorth Flexible Municipalome Fund's Cash-to-Debt falls into.



RiverNorth Flexible Municipalome Fund Cash-to-Debt Calculation

This is the ratio of a company's Cash and cash equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

RiverNorth Flexible Municipalome Fund's Cash to Debt Ratio for the fiscal year that ended in Jun. 2021 is calculated as:

RiverNorth Flexible Municipalome Fund's Cash to Debt Ratio for the quarter that ended in Jun. 2021 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RiverNorth Flexible Municipalome Fund  (NYSE:RFM) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


RiverNorth Flexible Municipalome Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of RiverNorth Flexible Municipalome Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


RiverNorth Flexible Municipalome Fund Business Description

RiverNorth Flexible Municipalome Fund logo
Industry
Financial Services » Asset Management NAICS : 523991 SIC : 6733
Comparable Companies
Traded in Other Exchanges
N/A
Address
325 North LaSalle Street, Suite 645, Chicago, IL, USA, 60654
RiverNorth Flexible Municipal Income Fund Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.
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