Royce Micro Cap Stock Current Ratio

RMT Stock  USD 9.35  0.12  1.27%   
Royce Micro Cap fundamentals help investors to digest information that contributes to Royce Micro's financial success or failures. It also enables traders to predict the movement of Royce Stock. The fundamental analysis module provides a way to measure Royce Micro'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 Royce Micro stock.
Last ReportedProjected for Next Year
Current Ratio 3.85  3.09 
Current Ratio is likely to drop to 3.09 in 2025.
  
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Royce Micro Cap Company Current Ratio Analysis

Royce Micro's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Royce Micro Current Ratio

    
  1.36 X  
Most of Royce Micro's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Royce Micro Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Royce Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Royce Micro is extremely important. It helps to project a fair market value of Royce Stock properly, considering its historical fundamentals such as Current Ratio. Since Royce Micro's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Royce Micro's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Royce Micro's interrelated accounts and indicators.

Royce Current Ratio Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Royce Micro current ratio as a starting point in their analysis.
   Royce Micro Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

In accordance with the recently published financial statements, Royce Micro Cap has a Current Ratio of 1.36 times. This is 66.42% lower than that of the Capital Markets sector and 71.49% lower than that of the Financials industry. The current ratio for all United States stocks is 37.04% higher than that of the company.

Royce Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royce Micro's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Royce Micro could also be used in its relative valuation, which is a method of valuing Royce Micro by comparing valuation metrics of similar companies.
1.3617.990.172.36100%
Royce Micro is currently under evaluation in current ratio category among its peers.

Royce Micro Current Valuation Drivers

We derive many important indicators used in calculating different scores of Royce Micro from analyzing Royce Micro's financial statements. These drivers represent accounts that assess Royce Micro's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Royce Micro's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap442.9M509.4M413.9M451.9M406.7M294.6M
Enterprise Value464.9M531.4M424.9M453.8M408.5M317.3M

Royce Micro ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Royce Micro's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Royce Micro's managers, analysts, and investors.
5.0%
Environment Score
5.0%
Governance Score
Social Score

Royce Fundamentals

Return On Equity0.13
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Return On Asset4.0E-4
Profit Margin9.03 %
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Operating Margin(0.06) %
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Current Valuation475.86 M
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Shares Outstanding50.68 M
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Shares Owned By Insiders0.80 %
Shares Owned By Institutions32.50 %
Number Of Shares Shorted24.46 K
Price To Earning3.27 X
Price To Book0.89 X
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Price To Sales63.23 X
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Revenue8.26 M
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Gross Profit7.5 M
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EBITDA73.97 M
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Net Income72.89 M
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Cash And Equivalents126.64 K
Total Debt2 M
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Debt To Equity0.05 %
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Current Ratio1.36 X
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-310%2,000%4,000%6,000%8,000%
Book Value Per Share10.56 X
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Cash Flow From Operations27.36 M
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Short Ratio0.22 X
Earnings Per Share1.27 X
Beta1.33
Market Capitalization473.88 M
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Total Asset523.86 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-10%0%10%20%30%40%
Retained Earnings102 M
JavaScript chart by amCharts 3.21.152011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31-100%-50%0%50%
Annual Yield0.08 %
Five Year Return7.81 %
Net Asset523.86 M
Last Dividend Paid0.74

About Royce Micro Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Royce Micro Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royce Micro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royce Micro Cap based on its fundamental data. In general, a quantitative approach, as applied to this company, 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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Additional Tools for Royce Stock Analysis

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.