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What is RiverNorth Flexible Municipalome Fund Equity-to-Asset?
RiverNorth Flexible Municipalome FundRFM -0.56%30 Equity-to-Asset is 0.59 as of Dec. 2025, which is 2% below its 10-year median of 0.60. GuruFocus rates RFM with a GF Score™ of 30/100. The stock has 5 warning signs investors should review. Among 1,631 Asset Management companies, RiverNorth Flexible Municipalome Fund ranks worse than 75.17% on this metric.
RFM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55 Med: 0.6 Max: 0.67
Current: 0.59
During the past 6 years, the highest Equity to Asset Ratio of RiverNorth Flexible Municipalome Fund was 0.67. The lowest was 0.55. And the median was 0.60.
RFM's Equity-to-Asset is ranked worse than 75.17% of 1631
companies
in the Asset Management industry
Industry Median: 0.83
vs RFM: 0.59
RiverNorth Flexible Municipalome Fund (NYSE:RFM) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
RiverNorth Flexible Municipalome Fund Equity-to-Asset Related Terms
RiverNorth Flexible Municipalome Fund Equity-to-Asset Historical Data
* 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 Equity-to-Asset Chart
For the Asset Management subindustry, RiverNorth Flexible Municipalome Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, RiverNorth Flexible Municipalome Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where RiverNorth Flexible Municipalome Fund's Equity-to-Asset falls into.
RiverNorth Flexible Municipalome Fund Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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 (RFM) has a Equity-to-Asset of 0.59 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on RiverNorth Flexible Municipalome Fund and its competitors. This is near median its historical median of 0.60. Over the past decade, RiverNorth Flexible Municipalome Fund's Equity-to-Asset has ranged from 0.55 to 0.67. According to the industry distribution chart, RiverNorth Flexible Municipalome Fund ranks #1226 out of 1631 companies in the Asset Management industry, placing it in the top 75.2%.
Is RiverNorth Flexible Municipalome Fund's Equity-to-Asset too high?
RiverNorth Flexible Municipalome Fund's current Equity-to-Asset of 0.59 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 0.67. The Asset Management industry median Equity-to-Asset is 0.83. RiverNorth Flexible Municipalome Fund's value of 0.59 is 28.9% below this industry median. Based on the distribution chart, RiverNorth Flexible Municipalome Fund ranks #1226 out of 1631 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, RiverNorth Flexible Municipalome Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Flexible Municipalome Fund's Equity-to-Asset compare to EVF and BCIC?
According to the Asset Management industry distribution chart, RiverNorth Flexible Municipalome Fund ranks #1226 out of 1631 companies for Equity-to-Asset. This places RiverNorth Flexible Municipalome Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.83. RiverNorth Flexible Municipalome Fund's value of 0.59 is 28.9% below this benchmark. Historically, RiverNorth Flexible Municipalome Fund's own Equity-to-Asset has ranged from 0.55 to 0.67 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.83, RiverNorth Flexible Municipalome Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,631 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RiverNorth Flexible Municipalome Fund's current Equity-to-Asset of 0.59 is 28.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on RiverNorth Flexible Municipalome Fund and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Flexible Municipalome Fund's current Equity-to-Asset is 0.59, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiverNorth Flexible Municipalome Fund stock overvalued right now?
RiverNorth Flexible Municipalome Fund (RFM) has a current Equity-to-Asset of 0.59. The current Equity-to-Asset is 0.59, which is near median its 10-year median of 0.60 and 28.9% below the Asset Management industry median of 0.83. RiverNorth Flexible Municipalome Fund's overall GF Score™ is 30/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For RiverNorth Flexible Municipalome Fund (RFM), the current Equity-to-Asset is 0.59 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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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