Royce Global Financials

RGT Stock  USD 11.72  0.18  1.56%   
Based on the analysis of Royce Global's profitability, liquidity, and operating efficiency, Royce Global Value is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Royce Global's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 4.2 M in 2024, whereas Accounts Payable is likely to drop slightly above 21.3 K in 2024. Key indicators impacting Royce Global's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.08470.0515
Way Up
Slightly volatile
Current Ratio7.467.1053
Sufficiently Up
Slightly volatile
The essential information of the day-to-day investment outlook for Royce Global includes many different criteria found on its balance sheet. An individual investor should monitor Royce Global's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Royce Global.

Cash And Equivalents

13,962.15

  
Understanding current and past Royce Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Royce Global's financial statements are interrelated, with each one affecting the others. For example, an increase in Royce Global's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Royce Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Royce Global Value. Check Royce Global's Beneish M Score to see the likelihood of Royce Global's management manipulating its earnings.

Royce Global Stock Summary

Royce Global competes with RiverNorth Flexible, DWS Municipal, MFS Investment, Eaton Vance, and Invesco High. Royce Global Value Trust, Inc. was a closed ended equity mutual fund launched and managed by Royce Associates, LLC. Royce Global Value Trust, Inc. was formed on November 26, 1986 and is domiciled in the United States. Royce Global is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS78081T1043
CUSIP78081T104
LocationNew York; U.S.A
Business Address745 Fifth Avenue,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Phone212 508 4500
CurrencyUSD - US Dollar

Royce Global Key Financial Ratios

Royce Global Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets151.7M92.5M94.7M68.9M79.1M83.8M
Other Current Liab(852.8K)(697.8K)(1.2M)(18.2K)(22.5K)(23.6K)
Net Debt8.0M8.0M4.0M4.0M3.9M5.9M
Accounts Payable852.8K697.8K1.2M18.2K22.5K21.3K
Cash495.012.5K3.2K5.4K141.6K148.7K
Other Assets31.8K24.8K20.2K20.5K18.8K17.9K
Net Receivables268.3K621.6K198.6K159.7K520.7K542.1K
Total Liab8.9M8.8M5.3M4.2M4.5M6.8M
Total Current Assets268.8K621.6K198.6K159.7K662.4K534.2K
Common Stock118.3M47.2M55.4M55.7M56.2M75.3M
Retained Earnings24.5M36.5M34.0M9.0M18.4M12.2M
Other Current Assets(268.8K)(634.1K)(201.8K)(165.1K)(662.4K)(695.5K)
Net Invested Capital150.8M91.8M93.4M68.7M78.6M84.5M
Capital Stock118.3M47.2M55.4M55.7M56.2M60.1M

Royce Global Key Income Statement Accounts

The reason investors look at the income statement is to determine what Royce Global's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense265.9K130.4K45.8K116.4K2.2M1.3M
Total Revenue34.5M25.0M13.1M(23.9M)332.0M348.6M
Gross Profit34.5M25.0M13.1M(23.9M)331.1M347.7M
Operating Income33.9M24.5M12.7M(24.1M)329.6M346.1M
Ebit33.9M24.5M12.7M(24.1M)660.6M693.6M
Ebitda33.9M24.5M12.7M(24.1M)660.8M693.8M
Cost Of Revenue1.7M1.6M1.1M864.4K870.0K1.4M
Income Before Tax33.9M24.5M12.7M(24.3M)329.6M346.1M
Net Income33.9M24.5M12.7M(24.3M)10.3M10.9M
Interest Income33.4M24.7M12.8M3.6K1.2M1.1M
Net Interest Income(246.0K)(125.4K)(45.8K)(112.8K)(1.1M)(1.0M)

Royce Global Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash7.6K12.0K(9.3K)2.2K136.3K143.1K
Free Cash Flow50.1M83.6M11.1M442.5K599.3K569.3K
Change In Working Capital603.2K81.2K(53.1K)98.1K(30.5K)(32.0K)
Begin Period Cash Flow16.3K497.012.5K3.2K5.4K5.1K
Other Cashflows From Financing Activities55.7M(71.1M)(7.1M)(2.4M)2.1M2.2M
Other Non Cash Items(335.0M)59.0M(1.6M)24.6M(9.7M)(10.2M)
Dividends Paid105.8M12.5M7.1M440.4K463.0K439.8K
Total Cash From Operating Activities50.1M83.6M11.1M442.5K599.3K569.3K
Net Income384.5M24.5M12.7M(24.3M)10.3M9.8M
Total Cash From Financing Activities(50.1M)(83.6M)(11.1M)(440.4K)(463.0K)(486.1K)
End Period Cash Flow7.6K12.5K3.2K5.4K141.6K71.7K

Royce Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Royce Global's current stock value. Our valuation model uses many indicators to compare Royce Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Royce Global competition to find correlations between indicators driving Royce Global's intrinsic value. More Info.
Royce Global Value is rated below average in return on equity category among its peers. It is rated below average in shares outstanding category among its peers . At this time, Royce Global's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Royce Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Royce Global Value Systematic Risk

Royce Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Royce Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Royce Global Value correlated with the market. If Beta is less than 0 Royce Global generally moves in the opposite direction as compared to the market. If Royce Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Royce Global Value is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Royce Global is generally in the same direction as the market. If Beta > 1 Royce Global moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Royce Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Royce Global's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Royce Global growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0443)

At this time, Royce Global's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Royce Global November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Royce Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Royce Global Value. We use our internally-developed statistical techniques to arrive at the intrinsic value of Royce Global Value based on widely used predictive technical indicators. In general, we focus on analyzing Royce Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Royce Global's daily price indicators and compare them against related drivers.

Additional Tools for Royce Stock Analysis

When running Royce Global's price analysis, check to measure Royce Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royce Global is operating at the current time. Most of Royce Global's value examination focuses on studying past and present price action to predict the probability of Royce Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royce Global's price. Additionally, you may evaluate how the addition of Royce Global to your portfolios can decrease your overall portfolio volatility.