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Rivernorth Flex Muni Ii


Key Ratios

Key ratios of the Rivernorth Flex Muni Ii post its Q2 2023 earnings

Return on Assets (ROA)
Return on Equity (ROE)
Dividend Per Share (DPS)


Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Rivernorth Flex Muni Ii’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Rivernorth Flex Muni Ii’s return on equity (ROE) stands at 0.

Dividend Per Share (DPS):

Rivernorth Flex Muni Ii declared 0.26 dividend per share during the earnings announcement for Q2 2023.