GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) » Definitions » Debt-to-Revenue

RMI (RiverNorth Opportunistic Municipalome Fund,) Debt-to-Revenue : 7.15 (As of Jun. 2024)


View and export this data going back to . Start your Free Trial

What is RiverNorth Opportunistic Municipalome Fund, Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

RiverNorth Opportunistic Municipalome Fund,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. RiverNorth Opportunistic Municipalome Fund,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $64.06 Mil. RiverNorth Opportunistic Municipalome Fund,'s annualized Revenue for the quarter that ended in Jun. 2024 was $8.96 Mil. RiverNorth Opportunistic Municipalome Fund,'s annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 was 7.15.


RiverNorth Opportunistic Municipalome Fund, Debt-to-Revenue Historical Data

The historical data trend for RiverNorth Opportunistic Municipalome Fund,'s Debt-to-Revenue 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 Opportunistic Municipalome Fund, Debt-to-Revenue Chart

RiverNorth Opportunistic Municipalome Fund, Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Revenue
Get a 7-Day Free Trial 13.64 3.10 N/A 16.30 7.33

RiverNorth Opportunistic Municipalome Fund, Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 20.92 14.63 8.02 7.15

Competitive Comparison of RiverNorth Opportunistic Municipalome Fund,'s Debt-to-Revenue

For the Asset Management subindustry, RiverNorth Opportunistic Municipalome Fund,'s Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Opportunistic Municipalome Fund,'s Debt-to-Revenue Distribution in the Asset Management Industry

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

* The bar in red indicates where RiverNorth Opportunistic Municipalome Fund,'s Debt-to-Revenue falls into.



RiverNorth Opportunistic Municipalome Fund, Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

RiverNorth Opportunistic Municipalome Fund,'s Debt-to-Revenue for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 64.055) / 8.739
=7.33

RiverNorth Opportunistic Municipalome Fund,'s annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 64.055) / 8.964
=7.15

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Jun. 2024) Revenue data.


RiverNorth Opportunistic Municipalome Fund, Debt-to-Revenue Related Terms

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


RiverNorth Opportunistic Municipalome Fund, Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Opportunistic Municipal Income Fund, Inc. is a diversified, closed-end management investment company. Its investment objective is to seek current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
Executives
Scott Sprauer other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Patrick W. Galley director, officer: President 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John J Lawlor other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert A Dimella other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Brian H Schmucker other: Officer of Investment Adviser 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Management, Llc other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Michael Petty other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David Dowden other: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
Mackay Shields Llc other: Sub-Adviser 1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
Jonathan M. Mohrhardt other: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins other: Secretary and CCO 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Robert Patrick Burke other: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

RiverNorth Opportunistic Municipalome Fund, Headlines

From GuruFocus

RiverNorth Closed-End Funds Declare Year-End Capital Gain Distributions

By Business Wire Business Wire 12-10-2021