Rivernorth Managed Duration 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 Managed Duration Municipal Income Fund's balance sheet done over the years? Its assets were worth $529,971,794 last year, which is less than in the previous period. 39% of Rivernorth Managed Duration Municipal Income Fund’s total assets is currently financed by debt. Its liabilities reached the amount of $205,045,022, which means an decrease by -18% compared compared to last year.
Debt to Assets
| 2020 | 595523505 | 236.15M | 39.66% |
|---|---|---|---|
| 2021 | 637259210 | 230.45M | 36.16% |
| 2022 | 575471872 | 251.41M | 43.69% |
| 2024 | 529971794 | 205.04M | 38.69% |
RMM Balance Sheet (2019 – 2023)
| 2023 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 10.29K | 0 | 185.97K | 272.55K |
Short term investments | 0 | 0 | 0 | 0 |
Net receivables | 5.45M | 16.25M | 3.38M | 4.61M |
Inventory | 5.45M | 0 | 0 | 0 |
Other current assets | -5.45M | 0 | 0 | 0 |
Total current assets | 5.46M | 16.25M | 3.56M | 4.88M |
Non-current assets: | ||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 |
Long term investments | 519.59M | 553.52M | 628.80M | 584.30M |
Other non-current assets | -519.59M | -553.52M | -628.80M | -584.30M |
Total non-current assets | 519.59M | 553.52M | 628.80M | 584.30M |
Total assets | 529.97M | 575.47M | 637.25M | 595.52M |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 |
Total current liabilities | 0 | 12.67M | 14.15M | 706.35K |
| Non-current liabilities: | ||||
Long term debt | 0 | 233.48M | 214.78M | 234.74M |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -220.80M | -214.78M | -234.74M |
Total non-current liabilities | 0 | 12.67M | 214.78M | 234.74M |
Total liabilities | 205.04M | 251.41M | 230.45M | 236.15M |