Based on the analysis of Royce Micro's profitability, liquidity, and operating efficiency, Royce Micro Cap is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Royce Micro's Cash is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 14.2 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 439.6 M in 2024. Key indicators impacting Royce Micro's financial strength include:
The essential information of the day-to-day investment outlook for Royce Micro includes many different criteria found on its balance sheet. An individual investor should monitor Royce Micro's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Royce Micro.
Net Income
76.54 Million
Royce
Select Account or Indicator
Market Cap
Enterprise Value
Price To Sales Ratio
Dividend Yield
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Average Payables
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Net Income Per Share
Payables Turnover
Sales General And Administrative To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Payout Ratio
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Debt To Equity
Graham Net Net
Average Receivables
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Short Term Coverage Ratios
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Price Earnings To Growth Ratio
Days Of Payables Outstanding
Dividend Payout Ratio
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Sales Outstanding
Cash Flow Coverage Ratios
Price To Book Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Change In Cash
Dividends Paid
Total Cash From Operating Activities
Net Income
Total Cash From Financing Activities
End Period Cash Flow
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Other Cashflows From Financing Activities
Other Non Cash Items
Change To Account Receivables
Net Borrowings
Change To Operating Activities
Change To Netincome
Total Assets
Total Stockholder Equity
Net Tangible Assets
Retained Earnings
Accounts Payable
Cash
Other Assets
Net Receivables
Total Liab
Long Term Investments
Common Stock
Common Stock Shares Outstanding
Total Current Liabilities
Other Current Assets
Total Current Assets
Short Term Debt
Other Current Liab
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Common Stock Total Equity
Liabilities And Stockholders Equity
Non Current Liabilities Total
Short Long Term Debt Total
Net Debt
Net Invested Capital
Capital Stock
Current Deferred Revenue
Interest Expense
Selling General Administrative
Total Revenue
Gross Profit
Operating Income
Net Income From Continuing Ops
Ebit
Cost Of Revenue
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Net Income Applicable To Common Shares
Income Tax Expense
Other Operating Expenses
Research Development
Net Interest Income
Interest Income
Depreciation And Amortization
Ebitda
Probability Of Bankruptcy
Understanding current and past Royce Micro Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Royce Micro's financial statements are interrelated, with each one affecting the others. For example, an increase in Royce Micro's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Royce Micro's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Royce Micro Cap. Check Royce Micro's Beneish M Score to see the likelihood of Royce Micro's management manipulating its earnings.
Royce Micro Stock Summary
Royce Micro competes with Tekla Healthcare, Allianzgi Equity, Cohen Steers, Cohen Steers, and RiverNorth Specialty. Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce Associates, LLC. Royce Micro-Cap Trust, Inc was formed on December 14, 1993 and is domiciled in the United States. Royce Micro-Cap operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
The reason investors look at the income statement is to determine what Royce Micro'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.
Comparative valuation techniques use various fundamental indicators to help in determining Royce Micro's current stock value. Our valuation model uses many indicators to compare Royce Micro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Royce Micro competition to find correlations between indicators driving Royce Micro's intrinsic value. More Info.
Royce Micro Cap is currently regarded as top stock in return on equity category among its peers. It is rated below average in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Royce Micro Cap is about 331.25 . At this time, Royce Micro'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 Micro 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 Micro Cap Systematic Risk
Royce Micro's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Royce Micro 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 Micro Cap correlated with the market. If Beta is less than 0 Royce Micro generally moves in the opposite direction as compared to the market. If Royce Micro Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Royce Micro Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Royce Micro is generally in the same direction as the market. If Beta > 1 Royce Micro moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Royce Micro Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Royce Micro'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 Micro growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Royce Micro help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Royce Micro Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Royce Micro Cap 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 Micro's daily price indicators and compare them against related drivers.
When running Royce Micro's price analysis, check to measure Royce Micro'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 Micro is operating at the current time. Most of Royce Micro's value examination focuses on studying past and present price action to predict the probability of Royce Micro'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 Micro's price. Additionally, you may evaluate how the addition of Royce Micro to your portfolios can decrease your overall portfolio volatility.