Rivernorth Managed Duration Etf Debt To Equity
RMM Etf | USD 15.49 0.24 1.57% |
RiverNorth Managed Duration fundamentals help investors to digest information that contributes to RiverNorth Managed'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 Managed'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 Managed etf.
RiverNorth |
RiverNorth Managed Duration ETF Debt To Equity Analysis
RiverNorth Managed's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition |
According to the company disclosure, RiverNorth Managed Duration has a Debt To Equity of 0.0%. This indicator is about the same for the Capital Markets average (which is currently at 0.0) family and about the same as Financials (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
RiverNorth Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RiverNorth Managed's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of RiverNorth Managed could also be used in its relative valuation, which is a method of valuing RiverNorth Managed by comparing valuation metrics of similar companies.RiverNorth Managed is currently under evaluation in debt to equity as compared to similar ETFs.
RiverNorth Fundamentals
Return On Equity | -16.66 | ||||
Shares Outstanding | 19.74 M | ||||
Shares Owned By Institutions | 11.85 % | ||||
Number Of Shares Shorted | 64.49 K | ||||
Price To Earning | 7.85 X | ||||
Price To Book | 0.93 X | ||||
Price To Sales | 11.91 X | ||||
Revenue | 25.43 M | ||||
EBITDA | 25.27 M | ||||
Net Income | 25.27 M | ||||
Total Debt | 202.1 M | ||||
Cash Flow From Operations | 37.67 M | ||||
Short Ratio | 1.42 X | ||||
Earnings Per Share | 1.28 X | ||||
Market Capitalization | 301.03 M | ||||
Total Asset | 529.97 M | ||||
Retained Earnings | (15.7 M) | ||||
Annual Yield | 0.09 % | ||||
Net Asset | 529.97 M |
About RiverNorth Managed Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RiverNorth Managed Duration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RiverNorth Managed using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RiverNorth Managed Duration 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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RiverNorth Managed 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 Managed security.