RiverNorth Flexible Municipal Income Fund II
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has RiverNorth Flexible Municipal Income Fund II's balance sheet done over the years? Its assets were worth $622,709,728 last year, which is less than in the previous period. 39% of RiverNorth Flexible Municipal Income Fund II’s total assets is currently financed by debt. Its liabilities reached the amount of $242,667,629, which means an decrease by -33% compared compared to last year.
Debt to Assets
| 2021 | 709001657 | 203.28M | 28.67% |
|---|---|---|---|
| 2022 | 745463336 | 361.35M | 48.47% |
| 2024 | 622709728 | 242.66M | 38.97% |
RFMZ Balance Sheet (2020 – 2023)
| 2023 | 2021 | 2020 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 0 | 14.04M | 0 |
Short term investments | 0 | 0 | 0 |
Net receivables | 6.44M | 78.77M | 4.85M |
Inventory | 0 | 0 | 0 |
Other current assets | -6.44M | 0 | 0 |
Total current assets | 6.44M | 92.81M | 4.85M |
Non-current assets: | |||
Property, Plant and Equipment | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 |
Long term investments | 610.04M | 646.87M | 701.14M |
Other non-current assets | -610.04M | -646.87M | -701.14M |
Total non-current assets | 610.04M | 646.87M | 701.14M |
Total assets | 622.70M | 745.46M | 709.00M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 |
Total current liabilities | 2.73M | 98.33M | 28.52M |
| Non-current liabilities: | |||
Long term debt | 239.17M | 259.25M | 173.46M |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 0 | -259.25M | -173.46M |
Total non-current liabilities | 239.17M | 259.25M | 173.46M |
Total liabilities | 242.66M | 361.35M | 203.28M |