Is Rivernorth Managed Duration Municipal Income Fund Inc. (RMM) a Buy, Sell, or Hold?
NYSE : RMM
Rivernorth Managed Duration Municipal Income Fund Inc.
$14.71 USD
-$0.03 (-0.2%)
- Volume
- 40K
- Average Volume
- 40.57K
- Market Capitalization
- $290.37M
- P/E Ratio
- -22.63
- Dividend Yield
- 7.11%
- Price Target
- Year High
- $15.00
- Year Low
- $13.35
- Day High
- —
- Day Low
- —
- Payout Ratio
- -$1.68
- Current Ratio
- $3.37
RMM Financial Statements
| date | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|---|---|
| revenue | -5.14M | 25.43M | 19.11M | -60.83M | 69.2M | 18.45M |
| costOfRevenue | 7.47M | - | - | - | - | 12.08M |
| grossProfit | -12.61M | 25.43M | 19.11M | -60.83M | 69.2M | 6.38M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 244.18K | 167.36K | 75878 | 51299 | 42194 | 26790 |
| sellingAndMarketingExpenses | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 244.18K | 167.36K | 75878 | 51299 | 42194 | 26790 |
| otherExpenses | - | - | - | - | - | 0.0 |
| operatingExpenses | 244.18K | 167.36K | 75878 | 51299 | 42194 | 26790 |
| costAndExpenses | 7.72M | 8.73M | 7.42M | 51299 | 42194 | 12.1M |
| netInterestIncome | 5.46M | 3.62M | 7.94M | 10.88M | 8.27M | - |
| interestIncome | 12.93M | 12.18M | 15.29M | 12.96M | 9.97M | - |
| interestExpense | 7.47M | 8.56M | 7.34M | 2.07M | 1.7M | -23.67M |
| depreciationAndAmortization | - | - | 228.48K | 236.56K | 206.3K | - |
| ebitda | -12.86M | 25.27M | 19.26M | -117.39M | 140.22M | -40.99M |
| ebit | -12.86M | 59.09M | 19.03M | -117.63M | 140.02M | -40.99M |
| nonOperatingIncomeExcludingInterest | - | -33.83M | - | 58.81M | -69.16M | 47.34M |
| operatingIncome | -12.86M | 25.27M | 19.03M | -58.81M | 70.86M | 6.35M |
| totalOtherIncomeExpensesNet | - | - | - | -2.07M | -1.7M | -23.67M |
| incomeBeforeTax | -12.86M | 25.27M | 19.03M | -60.89M | 69.16M | -17.32M |
| incomeTaxExpense | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -12.86M | 25.27M | 19.03M | -60.89M | 69.16M | -17.32M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - |
| netIncome | -12.86M | 25.27M | 19.03M | -60.89M | 69.16M | -17.32M |
| netIncomeDeductions | - | - | - | - | - | - |
| bottomLineNetIncome | -12.86M | 25.27M | 19.03M | -60.89M | 69.16M | -17.32M |
| eps | -0.65 | 1.27 | 0.96 | -3.08 | 3.5 | -0.88 |
| date | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 136.29K | 10291 | - | - | 185.97K | 272.55K |
| shortTermInvestments | - | - | - | - | - | - |
| cashAndShortTermInvestments | 136.29K | 10291 | - | - | 185.97K | 272.55K |
| netReceivables | 6.05M | 5.46M | 6.13M | 16.26M | 3.38M | 4.61M |
| accountsReceivables | 6.05M | 5.46M | 6.13M | 16.26M | 3.38M | 4.61M |
| otherReceivables | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - |
| prepaids | - | - | - | - | - | - |
| otherCurrentAssets | - | - | - | - | - | - |
| totalCurrentAssets | 6.19M | 5.47M | 6.13M | 16.26M | 3.57M | 4.89M |
| propertyPlantEquipmentNet | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - |
| longTermInvestments | - | 519.6M | 533.56M | 553.53M | - | 584.3M |
| taxAssets | - | - | - | - | - | - |
| otherNonCurrentAssets | 474.3M | 524.5M | -533.56M | -553.53M | 633.69M | -584.3M |
| totalNonCurrentAssets | 474.3M | 524.5M | 533.56M | 553.53M | 633.69M | 584.3M |
| otherAssets | - | - | 5.15M | 5.69M | - | 6.34M |
| totalAssets | 480.49M | 529.97M | 544.84M | 575.47M | 637.26M | 595.52M |
| totalPayables | 1.84M | 2.94M | 5.27M | 17.93M | 14.15M | 1.41M |
| accountPayables | 1.84M | 2.34M | 4.1M | 12.67M | 14.15M | 706.36K |
| otherPayables | 1.45M | 601.3K | 1.17M | 5.26M | - | 707.2K |
| accruedExpenses | - | - | - | - | - | - |
| shortTermDebt | - | - | - | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - |
| otherCurrentLiabilities | - | - | -1.17M | -5.26M | - | -707.2K |
| totalCurrentLiabilities | 1.84M | 2.34M | 4.1M | 12.67M | 14.15M | 706.36K |
| longTermDebt | 186.7M | 202.1M | 218.28M | 233.48M | 214.78M | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 1.45M | 601.3K | -218.28M | - | - | - |
| totalNonCurrentLiabilities | 188.15M | 202.71M | 218.28M | 12.67M | 214.78M | 234.74M |
| otherLiabilities | - | - | 1.17M | 226.07M | 1.51M | 707.2K |
| capitalLeaseObligations | - | - | - | - | - | - |
| totalLiabilities | 189.99M | 205.05M | 223.54M | 251.41M | 230.45M | 236.16M |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - |
| commonStock | 327.3M | 340.62M | 357.22M | 372.01M | 370.85M | 383.31M |
| retainedEarnings | -36.8M | -15.7M | -35.92M | -47.95M | 35.95M | -23.94M |
| additionalPaidInCapital | - | - | - | - | - | 383.31M |
| date | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|---|---|
| netIncome | -12.86M | 25.27M | 19.03M | -60.89M | 69.16M | -17.32M |
| depreciationAndAmortization | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - |
| changeInWorkingCapital | 1.09M | -636.02K | -2.21M | 1.27M | 2.05M | -580.73M |
| accountsReceivables | 681.4K | -420.33K | - | - | 1.62M | - |
| inventory | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - |
| otherWorkingCapital | 410.36K | -215.69K | -1.24M | 2.33M | 438.1K | - |
| otherNonCashItems | 48.65M | 13.04M | 20.88M | 61.85M | -31.07M | -6.78M |
| netCashProvidedByOperatingActivities | 36.89M | 37.67M | 37.7M | 2.23M | 40.14M | -604.82M |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | - | - | - | - | - | - |
| netDebtIssuance | -15.4M | -16.37M | -16.52M | 20.21M | -19.96M | - |
| longTermNetDebtIssuance | -15.4M | -16.37M | -16.52M | 20.21M | -19.96M | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - |
| commonStockIssuance | - | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | 394.68M |
| netPreferredStockIssuance | - | - | - | - | - | - |
| netDividendsPaid | -21.57M | -21.64M | -21.79M | -21.86M | -21.72M | - |
| commonDividendsPaid | -21.57M | -21.64M | -21.79M | -21.86M | -21.72M | - |
| preferredDividendsPaid | - | - | - | - | - | - |
| otherFinancingActivities | - | - | - | - | - | 611.33M |
| netCashProvidedByFinancingActivities | -36.97M | -38.01M | -38.31M | -1.65M | -41.68M | 611.33M |
| date | 2025-12-31 | 2020-06-30 | 2019-12-30 |
|---|---|---|---|
| revenue | 4.7M | 10.73M | 7.73M |
| costOfRevenue | 3.42M | 6.91M | 5.17M |
| grossProfit | 1.29M | 3.81M | 2.56M |
| researchAndDevelopmentExpenses | - | - | - |
| generalAndAdministrativeExpenses | - | 15910 | 10880 |
| sellingAndMarketingExpenses | - | 10.0 | -10.0 |
| sellingGeneralAndAdministrativeExpenses | - | 15920 | 10870 |
| otherExpenses | -20.34M | - | 0.0 |
| operatingExpenses | -20.34M | 15920 | 10870 |
| costAndExpenses | -16.92M | 6.93M | 5.18M |
| netInterestIncome | 8.77M | - | -12.23M |
| interestIncome | 11.87M | - | - |
| interestExpense | 3.1M | -35.9M | 12.23M |
| depreciationAndAmortization | - | - | 24.46M |
| ebitda | 21.63M | -68M | 51.47M |
| ebit | 21.63M | -68M | 27.01M |
| nonOperatingIncomeExcludingInterest | - | 71.8M | -24.46M |
| operatingIncome | 21.63M | 3.8M | 2.55M |
| totalOtherIncomeExpensesNet | -3.1M | -35.9M | -35.28M |
| incomeBeforeTax | 18.53M | -32.1M | -32.73M |
| incomeTaxExpense | - | 71.8M | -119.31M |
| netIncomeFromContinuingOperations | 18.53M | -103.9M | 86.58M |
| netIncomeFromDiscontinuedOperations | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - |
| netIncome | 18.53M | -103.9M | 86.58M |
| netIncomeDeductions | - | - | - |
| bottomLineNetIncome | 18.53M | -103.9M | 86.58M |
| eps | 0.94 | -5.26 | 4.38 |
| date | 2025-12-31 | 2025-06-30 | 2024-12-31 | 2024-06-30 | 2023-12-31 | 2023-06-30 | 2022-12-31 | 2022-06-30 | 2021-12-31 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 833 | 136.29K | 4.19M | 10291 | 2.4M | - | - | - | 379.74K | 185.97K |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 833 | 136.29K | 4.19M | 10291 | 2.4M | - | - | - | 379.74K | 185.97K |
| netReceivables | - | 6.05M | 4.48M | 5.46M | 4.63M | 6.13M | 6.13M | 16.26M | 5.23M | 3.38M |
| accountsReceivables | - | 6.05M | 4.48M | 5.46M | 4.63M | 6.13M | 6.13M | 16.26M | 5.23M | 3.38M |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | - | - | - | -5.46M | - | - | - | - | - | - |
| totalCurrentAssets | 833 | 6.19M | 8.67M | 5.47M | 7.03M | 6.13M | 6.13M | 16.26M | 5.61M | 3.57M |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | 519.6M | - | 533.56M | 533.56M | 553.53M | 613.15M | 628.81M |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 507.84M | 474.3M | 523.41M | -519.6M | 519.78M | -533.56M | -533.56M | -553.53M | -613.15M | -628.81M |
| totalNonCurrentAssets | 507.84M | 474.3M | 523.41M | 519.6M | 519.78M | 533.56M | 533.56M | 553.53M | 613.15M | 628.81M |
| otherAssets | - | - | - | 4.9M | - | 5.15M | 5.15M | 5.69M | 5.12M | 4.88M |
| totalAssets | 507.84M | 480.49M | 532.07M | 529.97M | 526.81M | 544.84M | 544.84M | 575.47M | 623.88M | 637.26M |
| totalPayables | 5.02M | 1.84M | 3.22M | 2.94M | 2.96M | 5.27M | 5.95M | 17.93M | 1.7M | 15.67M |
| accountPayables | 2.62M | 1.84M | 3.22M | 2.34M | 2.96M | 4.1M | 4.12M | 12.67M | 612.37K | 14.15M |
| otherPayables | 2.4M | 1.45M | 639.24K | 601.3K | - | 1.17M | 1.82M | 5.26M | 1.08M | 1.51M |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | - | - | - | -2.94M | - | -1.17M | -1.85M | -5.26M | -1.08M | -1.51M |
| totalCurrentLiabilities | 5.02M | 1.84M | 3.22M | 2.94M | 2.96M | 4.1M | 4.1M | 12.67M | 612.37K | 14.15M |
| longTermDebt | 204.51M | 186.7M | 209.4M | 202.1M | 201.2M | 218.28M | 218.28M | 233.48M | 222.28M | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | 1.45M | 639.24K | - | 698.85K | -218.28M | -218.28M | - | - | - |
| totalNonCurrentLiabilities | 204.51M | 188.15M | 210.04M | 202.1M | 201.2M | 218.28M | 218.28M | 12.67M | 612.37K | 214.78M |
| otherLiabilities | - | - | - | 205.05M | 698.85K | 1.17M | 1.17M | 226.07M | 222.75M | 1.51M |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 209.53M | 189.99M | 213.26M | 205.05M | 204.86M | 223.54M | 223.54M | 251.41M | 223.98M | 230.45M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 327.3M | 327.3M | 340.62M | 340.62M | 357.22M | 357.22M | 357.22M | 372.01M | 370.86M | 370.85M |
| retainedEarnings | -28.99M | -36.8M | -21.81M | -15.7M | -35.27M | -35.92M | -35.92M | -47.95M | 29.05M | 35.95M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2025-12-31 | 2020-06-30 |
|---|---|---|
| netIncome | 18.53M | -32.1M |
| depreciationAndAmortization | - | - |
| deferredIncomeTax | - | - |
| stockBasedCompensation | - | - |
| changeInWorkingCapital | -720.52K | 78.02M |
| accountsReceivables | 45150 | - |
| inventory | - | - |
| accountsPayables | -833.56K | - |
| otherWorkingCapital | 67892 | - |
| otherNonCashItems | -13.58M | -2.07M |
| netCashProvidedByOperatingActivities | 4.24M | 43.85M |
| investmentsInPropertyPlantAndEquipment | - | - |
| acquisitionsNet | - | - |
| purchasesOfInvestments | -268.38M | - |
| salesMaturitiesOfInvestments | 259.63M | - |
| otherInvestingActivities | - | - |
| netCashProvidedByInvestingActivities | -8.75M | - |
| netDebtIssuance | 17.81M | - |
| longTermNetDebtIssuance | 17.81M | - |
| shortTermNetDebtIssuance | - | - |
| netStockIssuance | - | - |
| netCommonStockIssuance | - | - |
| commonStockIssuance | - | - |
| commonStockRepurchased | - | - |
| netPreferredStockIssuance | - | - |
| netDividendsPaid | -8.93M | -10.86M |
| commonDividendsPaid | - | -10.86M |
| preferredDividendsPaid | - | - |
| otherFinancingActivities | - | -30.54M |
| netCashProvidedByFinancingActivities | 8.88M | -41.39M |