RiverNorth/DoubleLine Str... (OPP)
RiverNorth/DoubleLine Strategic Opportunity Fund Statistics
Share Statistics
RiverNorth/DoubleLine Strategic Opportunity Fund has - shares outstanding. The number of shares has increased by 33.33% in one year.
| Shares Outstanding | - |
| Shares Change (YoY) | 33.33% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 26.75% |
| Shares Floating | 30.63M |
| Failed to Deliver (FTD) Shares | 934 |
| FTD / Avg. Volume | 0.94% |
Short Selling Information
The latest short interest is -, so null% of the outstanding shares have been sold short.
| Short Interest | - |
| Short % of Shares Out | null% |
| Short % of Float | null% |
| Short Ratio (days to cover) | null |
Valuation Ratios
The PE ratio is 6.95 and the forward PE ratio is null. RiverNorth/DoubleLine Strategic Opportunity Fund's PEG ratio is 0.02.
| PE Ratio | 6.95 |
| Forward PE | n/a |
| PS Ratio | 6.4 |
| Forward PS | null |
| PB Ratio | 0.59 |
| P/FCF Ratio | 7.68 |
| PEG Ratio | 0.02 |
Enterprise Valuation
RiverNorth/DoubleLine Strategic Opportunity Fund has an Enterprise Value (EV) of 197.39M.
| EV / Sales | 6.36 |
| EV / EBITDA | 6.89 |
| EV / EBIT | 7.64 |
| EV / FCF | 7.64 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 0 |
| Debt / EBITDA | 0 |
| Debt / FCF | 0 |
| Interest Coverage | 290.67 |
Financial Efficiency
Return on Equity is 8.5% and Return on Invested Capital is -788.47%.
| Return on Equity | 8.5% |
| Return on Assets | 8.41% |
| Return on Invested Capital | -788.47% |
| Revenue Per Employee | $- |
| Profits Per Employee | $- |
| Employee Count | undefined |
| Asset Turnover | 0.09 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by -0.12% in the last 52 weeks. The beta is 0.61, so RiverNorth/DoubleLine Strategic Opportunity Fund's price volatility has been higher than the market average.
| Beta | 0.61 |
| 52-Week Price Change | -0.12% |
| 50-Day Moving Average | 8.54 |
| 200-Day Moving Average | 8.67 |
| Relative Strength Index (RSI) | 39.55 |
| Average Volume (20 Days) | 98.9K |
Income Statement
In the last 12 months, RiverNorth/DoubleLine Strategic Opportunity Fund had revenue of 31.03M and earned 28.56M in profits. Earnings per share was 1.01.
| Revenue | 31.03M |
| Gross Profit | 7.87M |
| Operating Income | 28.66M |
| Net Income | 28.56M |
| EBITDA | 28.66M |
| EBIT | 28.66M |
| Earnings Per Share (EPS) | 1.01 |
Balance Sheet
The company has 1.08M in cash and 0 in debt, giving a net cash position of 1.08M.
| Cash & Cash Equivalents | 1.08M |
| Total Debt | 0 |
| Net Cash | 1.08M |
| Retained Earnings | -71.58M |
| Total Assets | 339.48M |
| Working Capital | -3.63M |
Cash Flow
In the last 12 months, operating cash flow was 25.84M and capital expenditures 1, giving a free cash flow of 25.84M.
| Operating Cash Flow | 25.84M |
| Capital Expenditures | 1 |
| Free Cash Flow | 25.84M |
| FCF Per Share | 1.12 |
Margins
Gross margin is 25.38%, with operating and profit margins of 92.37% and 92.05%.
| Gross Margin | 25.38% |
| Operating Margin | 92.37% |
| Pretax Margin | 92.05% |
| Profit Margin | 92.05% |
| EBITDA Margin | 92.37% |
| EBIT Margin | 92.37% |
| FCF Margin | 83.27% |
Dividends & Yields
OPP pays an annual dividend of $1.27, which amounts to a dividend yield of 15.51%.
| Dividend Per Share | $1.27 |
| Dividend Yield | 15.51% |
| Dividend Growth (YoY) | -4.49% |
| Payout Ratio | 129.18% |
| Earnings Yield | 14.39% |
| FCF Yield | 13.02% |
Analyst Forecast
Currently there are no analyst rating for OPP.
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
Stock Splits
The last stock split was on Sep 3, 2021. It was a forward split with a ratio of 509:500.
| Last Split Date | Sep 3, 2021 |
| Split Type | forward |
| Split Ratio | 509:500 |
Scores
| Altman Z-Score | 41.68 |
| Piotroski F-Score | 6 |