RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Net Margin % : 99.77% (As of Dec. 2023)

RiverNorth Flex Muniome Fund II Net Margin % Chart

Competitive Comparison of RiverNorth Flex Muniome Fund II's Net Margin %

For the Asset Management subindustry, RiverNorth Flex Muniome Fund II's Net Margin %, along with its competitors' market caps and Net Margin % 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 Flex Muniome Fund II's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Flex Muniome Fund II's Net Margin % distribution charts can be found below:

* The bar in red indicates where RiverNorth Flex Muniome Fund II's Net Margin % falls into.

RiverNorth Flex Muniome Fund II Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

RiverNorth Flex Muniome Fund II's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

RiverNorth Flex Muniome Fund II's Net Margin for the quarter that ended in Dec. 2023 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 Flex Muniome Fund II  (NYSE:RFMZ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

RiverNorth Flex Muniome Fund II Net Margin % Related Terms

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RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Business Description