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RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Price-to-Operating-Cash-Flow : 14.42 (As of Jun. 03, 2024)


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What is RiverNorth Flex Muniome Fund II Price-to-Operating-Cash-Flow?

As of today (2024-06-03), RiverNorth Flex Muniome Fund II's share price is $13.80. RiverNorth Flex Muniome Fund II's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.96. Hence, RiverNorth Flex Muniome Fund II's Price-to-Operating-Cash-Flow Ratio for today is 14.42.

The historical rank and industry rank for RiverNorth Flex Muniome Fund II's Price-to-Operating-Cash-Flow or its related term are showing as below:

RFMZ' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 9   Med: 10.92   Max: 14.45
Current: 14.42

During the past 3 years, RiverNorth Flex Muniome Fund II's highest Price-to-Operating-Cash-Flow Ratio was 14.45. The lowest was 9.00. And the median was 10.92.

RFMZ's Price-to-Operating-Cash-Flow is ranked worse than
55.17% of 1026 companies
in the Asset Management industry
Industry Median: 12.555 vs RFMZ: 14.42

RiverNorth Flex Muniome Fund II's Cash Flow from Operations per share for the six months ended in Dec. 2023 was $0.64. Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.96.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of RiverNorth Flex Muniome Fund II was 1419.00% per year.


RiverNorth Flex Muniome Fund II Price-to-Operating-Cash-Flow Historical Data

The historical data trend for RiverNorth Flex Muniome Fund II's Price-to-Operating-Cash-Flow 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 Flex Muniome Fund II Price-to-Operating-Cash-Flow Chart

RiverNorth Flex Muniome Fund II Annual Data
Trend Jun21 Jun22 Jun23
Price-to-Operating-Cash-Flow
- - 11.45

RiverNorth Flex Muniome Fund II Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Operating-Cash-Flow Get a 7-Day Free Trial - - - 11.45 -

Competitive Comparison of RiverNorth Flex Muniome Fund II's Price-to-Operating-Cash-Flow

For the Asset Management subindustry, RiverNorth Flex Muniome Fund II's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow 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 Price-to-Operating-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Flex Muniome Fund II's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where RiverNorth Flex Muniome Fund II's Price-to-Operating-Cash-Flow falls into.



RiverNorth Flex Muniome Fund II Price-to-Operating-Cash-Flow Calculation

RiverNorth Flex Muniome Fund II's Price-to-Operating-Cash-Flow ratio for today is calculated as

Price-to-Operating-Cash-Flow Ratio=Share Price/Cash Flow from Operations per share (TTM)
=13.80/0.957
=14.42

RiverNorth Flex Muniome Fund II's Share Price of today is $13.80.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Flex Muniome Fund II's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.96.

* 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.

Note: Cash Flow from Operations per share is calculated as Cash Flow from Operations divided by Shares Outstanding (Diluted Average).

It can also be calculated from the numbers for the whole company:

Price-to-Operating-Cash-Flow Ratio=Market Cap/Cash Flow from Operations

RiverNorth Flex Muniome Fund II Price-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of RiverNorth Flex Muniome Fund II's Price-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Traded in Other Exchanges
N/A
Address
360 S. Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Flex Muni Income Fund II 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.
Executives
Scott Sprauer officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 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
Robert A Dimella officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Michael Petty officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John J Lawlor officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mackay Shields Llc officer: Sub-Adviser 1345 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10105
David Dowden officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105
John M Loffredo officer: Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert Patrick Burke officer: Portfolio Manager C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Stephen Andrew O'neill other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Jonathan M. Mohrhardt officer: Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654

RiverNorth Flex Muniome Fund II (RiverNorth Flex Muniome Fund II) Headlines