Rivernorth Flexible Municipalome Etf Retained Earnings
| RFMZ Etf | USD 13.95 0.05 0.36% |
RiverNorth Flexible Municipalome fundamentals help investors to digest information that contributes to RiverNorth Flexible's financial success or failures. It also enables traders to predict the movement of RiverNorth Etf. The fundamental analysis module provides a way to measure RiverNorth Flexible's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RiverNorth Flexible etf.
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RiverNorth Flexible Municipalome ETF Retained Earnings Analysis
RiverNorth Flexible's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current RiverNorth Flexible Retained Earnings | (49.64 M) |
Most of RiverNorth Flexible's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RiverNorth Flexible Municipalome is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
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Based on the latest financial disclosure, RiverNorth Flexible Municipalome has a Retained Earnings of (49.64 Million). This is much lower than that of the Financial Services family and significantly lower than that of the Financials category. The retained earnings for all United States etfs is notably higher than that of the company.
RiverNorth Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RiverNorth Flexible's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of RiverNorth Flexible could also be used in its relative valuation, which is a method of valuing RiverNorth Flexible by comparing valuation metrics of similar companies.RiverNorth Flexible is currently under evaluation in retained earnings as compared to similar ETFs.
RiverNorth Fundamentals
| Shares Outstanding | 24.35 M | |||
| Shares Owned By Insiders | 0.16 % | |||
| Shares Owned By Institutions | 16.52 % | |||
| Number Of Shares Shorted | 5.68 K | |||
| Price To Book | 0.90 X | |||
| Price To Sales | 10.67 X | |||
| Total Debt | 242.67 M | |||
| Short Ratio | 0.10 X | |||
| Earnings Per Share | 1.31 X | |||
| Market Capitalization | 340.93 M | |||
| Total Asset | 622.71 M | |||
| Retained Earnings | (49.64 M) | |||
| Annual Yield | 0.09 % | |||
| Net Asset | 622.71 M |
About RiverNorth Flexible Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RiverNorth Flexible Municipalome's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RiverNorth Flexible using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RiverNorth Flexible Municipalome based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in RiverNorth Etf
RiverNorth Flexible financial ratios help investors to determine whether RiverNorth Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RiverNorth with respect to the benefits of owning RiverNorth Flexible security.