RiverNorth Opportunistic Municipal Income Fund
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 Opportunistic Municipal Income Fund's balance sheet done over the years? Its assets were worth $174,901,033 last year, which is less than in the previous period. 37% of RiverNorth Opportunistic Municipal Income Fund’s total assets is currently financed by debt. Its liabilities reached the amount of $65,046,626, which means an decrease by -30% compared compared to last year.
Debt to Assets
| 2019 | 225457990 | 80.84M | 35.86% |
|---|---|---|---|
| 2020 | 211023981 | 69.08M | 32.74% |
| 2021 | 230102805 | 74.87M | 32.54% |
| 2022 | 205588908 | 92.36M | 44.92% |
| 2024 | 174901033 | 65.04M | 37.19% |
RMI Balance Sheet (2018 – 2023)
| 2023 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 23.92K | 172.95K | 172.95K | 940.00K | 534K |
Short term investments | 3.39M | 7.73M | 14.59M | 4.22M | 0 |
Net receivables | 1.85M | 1.65M | 2.23M | 1.60M | 2.32M |
Inventory | 0 | 9.21M | 17.00M | 5.74M | 0 |
Other current assets | -5.26M | -9.39M | -17.00M | -5.74M | 0 |
Total current assets | 0 | 1.65M | 2.40M | 2.54M | 2.86M |
Non-current assets: | |||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 171.34M | 202.24M | 226.85M | 208.45M | 222.58M |
Other non-current assets | -171.34M | -202.24M | -226.85M | -208.45M | -222.58M |
Total non-current assets | 0 | 202.24M | 226.85M | 208.45M | 222.58M |
Total assets | 174.90M | 205.58M | 230.10M | 211.02M | 225.45M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 991.62K | 243.14K | 5.58M | 570.89K | 2.91M |
| Non-current liabilities: | |||||
Long term debt | 64.05M | 90.41M | 68.84M | 68.51M | 77.92M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -90.17M | -68.84M | 0 | 0 |
Total non-current liabilities | 64.05M | 243.14K | 68.84M | 68.51M | 77.92M |
Total liabilities | 65.04M | 92.36M | 74.87M | 69.08M | 80.84M |