Balance Sheet Data

Rivernorth Managed Duration Municip... (RMM)

$15.265

+0.06 (+0.36%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 0.270.19-0.530.170.140.120.100.090.08
Total Cash (%)
Account Receivables 4.613.3816.266.131.431.221.040.890.76
Account Receivables (%)
Inventories ---------
Inventories (%)
Accounts Payable 0.7114.1512.674.101.010.860.740.630.53
Accounts Payable (%)
Capital Expenditure ---------
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.