Royce Long Term Investments vs Common Stock Analysis

RGT Stock

USD 11.80 0.08 0.68%

Royce Global financial indicator trend analysis is much more than just breaking down Royce Global Value prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royce Global Value is a good investment. Please check the relationship between Royce Global Long Term Investments and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royce Global Value. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Long Term Investments vs Common Stock

Long Term Investments vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royce Global Value Long Term Investments account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Royce Global's Long Term Investments and Common Stock is 0.93. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Royce Global Value, assuming nothing else is changed. The correlation between historical values of Royce Global's Long Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Royce Global Value are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Investments i.e., Royce Global's Long Term Investments and Common Stock go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Long Term Investments

Long Term Investments is an item on the asset side of Royce Global balance sheet that represents investments Royce Global Value intends to hold for over a year. Royce Global Value long term investments may include different instruments such as stocks, bonds, real estate and cash.

Common Stock

Most indicators from Royce Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royce Global Value current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royce Global Value. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

At this time, Royce Global's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.10 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.01 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	396.1K	340.0K	2.4M	2.5M
Cost Of Revenue	1.1M	864.4K	870.0K	1.4M

Total Operating Expenses Cost Of Revenue

Royce Global fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Short Long Term Debt Total	Long Term Debt	Long Term Debt Total	Other Current Assets	Cash And Equivalents	Other Stockholder Equity	Net Invested Capital
Total Assets		-0.32	0.37	0.99	0.33	0.42	-0.3	1.0	-0.56	-0.04	-0.3	0.04	0.68	0.67	0.14	0.35	0.05	0.66	-0.16	0.63	0.62	0.62	-0.08	-0.03	0.38	0.73
Other Current Liab	-0.32		-0.41	-0.38	0.33	-0.55	0.4	-0.3	0.59	0.34	0.4	-0.35	-0.06	-0.05	0.19	0.31	-0.33	0.02	-0.39	-0.12	-0.1	-0.1	-0.32	0.08	-0.36	-0.19
Total Current Liabilities	0.37	-0.41		0.38	-0.01	0.98	0.01	0.36	0.12	0.2	0.01	0.24	0.42	0.38	0.41	0.05	0.28	0.33	0.1	0.42	0.4	0.4	0.2	0.48	0.54	0.56
Total Stockholder Equity	0.99	-0.38	0.38		0.18	0.42	-0.24	0.98	-0.59	-0.09	-0.24	0.17	0.73	0.69	0.03	0.19	0.16	0.72	-0.21	0.65	0.64	0.64	-0.08	0.06	0.39	0.79
Net Debt	0.33	0.33	-0.01	0.18		0.03	-0.38	0.37	-0.01	0.28	-0.38	-0.75	-0.15	0.01	0.65	1.0	-0.66	-0.15	0.26	0.01	0.02	0.02	-0.03	-0.58	-0.1	-0.16
Accounts Payable	0.42	-0.55	0.98	0.42	0.03		-0.17	0.41	-0.04	0.19	-0.17	0.2	0.37	0.33	0.39	0.09	0.23	0.27	0.2	0.39	0.36	0.36	0.28	0.35	0.58	0.51
Cash	-0.3	0.4	0.01	-0.24	-0.38	-0.17		-0.31	0.65	-0.26	1.0	0.3	0.02	0.02	-0.01	-0.35	0.31	0.13	-0.27	-0.02	0.01	0.01	-0.42	0.47	-0.45	0.06
Non Current Assets Total	1.0	-0.3	0.36	0.98	0.37	0.41	-0.31		-0.56	-0.04	-0.31	-0.01	0.66	0.65	0.16	0.38	0.0	0.64	-0.14	0.61	0.6	0.6	-0.06	-0.06	0.37	0.71
Non Currrent Assets Other	-0.56	0.59	0.12	-0.59	-0.01	-0.04	0.65	-0.56		-0.04	0.65	-0.16	-0.26	-0.26	0.23	0.02	-0.1	-0.25	-0.06	-0.25	-0.25	-0.25	-0.01	0.28	-0.16	-0.29
Other Assets	-0.04	0.34	0.2	-0.09	0.28	0.19	-0.26	-0.04	-0.04		-0.26	-0.07	0.19	0.17	0.4	0.29	-0.07	0.19	-0.17	0.16	0.16	0.16	-0.06	0.29	0.1	0.19
Cash And Short Term Investments	-0.3	0.4	0.01	-0.24	-0.38	-0.17	1.0	-0.31	0.65	-0.26		0.3	0.02	0.02	-0.01	-0.35	0.31	0.13	-0.27	-0.02	0.01	0.01	-0.42	0.47	-0.45	0.06
Net Receivables	0.04	-0.35	0.24	0.17	-0.75	0.2	0.3	-0.01	-0.16	-0.07	0.3		0.48	0.45	-0.48	-0.74	0.98	0.47	-0.45	0.46	0.45	0.45	-0.31	0.69	0.21	0.49
Common Stock Total Equity	0.68	-0.06	0.42	0.73	-0.15	0.37	0.02	0.66	-0.26	0.19	0.02	0.48		0.9	-0.18	-0.14	0.43	0.97	-0.71	0.84	0.82	0.82	-0.22	0.63	0.56	0.95
Common Stock Shares Outstanding	0.67	-0.05	0.38	0.69	0.01	0.33	0.02	0.65	-0.26	0.17	0.02	0.45	0.9		0.02	0.01	0.4	0.86	-0.55	0.99	0.98	0.98	-0.42	0.56	0.48	0.89
Non Current Liabilities Total	0.14	0.19	0.41	0.03	0.65	0.39	-0.01	0.16	0.23	0.4	-0.01	-0.48	-0.18	0.02		0.69	-0.4	-0.19	0.53	0.04	0.05	0.05	0.07	-0.13	-0.11	-0.02
Total Liab	0.35	0.31	0.05	0.19	1.0	0.09	-0.35	0.38	0.02	0.29	-0.35	-0.74	-0.14	0.01	0.69		-0.64	-0.14	0.28	0.02	0.03	0.03	-0.03	-0.56	-0.1	-0.13
Total Current Assets	0.05	-0.33	0.28	0.16	-0.66	0.23	0.31	0.0	-0.1	-0.07	0.31	0.98	0.43	0.4	-0.4	-0.64		0.42	-0.42	0.41	0.4	0.4	-0.3	0.63	0.18	0.44
Common Stock	0.66	0.02	0.33	0.72	-0.15	0.27	0.13	0.64	-0.25	0.19	0.13	0.47	0.97	0.86	-0.19	-0.14	0.42		-0.76	0.79	0.79	0.79	-0.29	0.62	0.37	0.93
Retained Earnings	-0.16	-0.39	0.1	-0.21	0.26	0.2	-0.27	-0.14	-0.06	-0.17	-0.27	-0.45	-0.71	-0.55	0.53	0.28	-0.42	-0.76		-0.47	-0.47	-0.47	0.4	-0.57	-0.17	-0.52
Short Long Term Debt Total	0.63	-0.12	0.42	0.65	0.01	0.39	-0.02	0.61	-0.25	0.16	-0.02	0.46	0.84	0.99	0.04	0.02	0.41	0.79	-0.47		1.0	1.0	-0.41	0.54	0.49	0.85
Long Term Debt	0.62	-0.1	0.4	0.64	0.02	0.36	0.01	0.6	-0.25	0.16	0.01	0.45	0.82	0.98	0.05	0.03	0.4	0.79	-0.47	1.0		1.0	-0.44	0.53	0.42	0.83
Long Term Debt Total	0.62	-0.1	0.4	0.64	0.02	0.36	0.01	0.6	-0.25	0.16	0.01	0.45	0.82	0.98	0.05	0.03	0.4	0.79	-0.47	1.0	1.0		-0.44	0.53	0.42	0.83
Other Current Assets	-0.08	-0.32	0.2	-0.08	-0.03	0.28	-0.42	-0.06	-0.01	-0.06	-0.42	-0.31	-0.22	-0.42	0.07	-0.03	-0.3	-0.29	0.4	-0.41	-0.44	-0.44		-0.2	0.33	-0.22
Cash And Equivalents	-0.03	0.08	0.48	0.06	-0.58	0.35	0.47	-0.06	0.28	0.29	0.47	0.69	0.63	0.56	-0.13	-0.56	0.63	0.62	-0.57	0.54	0.53	0.53	-0.2		0.34	0.65
Other Stockholder Equity	0.38	-0.36	0.54	0.39	-0.1	0.58	-0.45	0.37	-0.16	0.1	-0.45	0.21	0.56	0.48	-0.11	-0.1	0.18	0.37	-0.17	0.49	0.42	0.42	0.33	0.34		0.51
Net Invested Capital	0.73	-0.19	0.56	0.79	-0.16	0.51	0.06	0.71	-0.29	0.19	0.06	0.49	0.95	0.89	-0.02	-0.13	0.44	0.93	-0.52	0.85	0.83	0.83	-0.22	0.65	0.51

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Royce Global Account Relationship Matchups

Royce Global fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	151.7M	92.5M	94.7M	68.9M	79.1M	83.8M
Other Current Liab	(852.8K)	(697.8K)	(1.2M)	(18.2K)	(22.5K)	(23.6K)
Total Current Liabilities	852.8K	697.8K	1.2M	18.2K	93.2K	88.6K
Total Stockholder Equity	142.8M	83.8M	89.4M	64.7M	74.6M	78.9M
Net Debt	8.0M	8.0M	4.0M	4.0M	3.9M	5.9M
Accounts Payable	852.8K	697.8K	1.2M	18.2K	22.5K	21.3K
Cash	495.0	12.5K	3.2K	5.4K	141.6K	148.7K
Non Current Assets Total	151.4M	91.9M	94.5M	68.7M	78.4M	83.3M
Non Currrent Assets Other	(151.4M)	(91.9M)	(94.5M)	(68.7M)	(78.4M)	(82.4M)
Other Assets	31.8K	24.8K	20.2K	20.5K	18.8K	17.9K
Cash And Short Term Investments	495.0	12.5K	3.2K	5.4K	141.6K	148.7K
Net Receivables	268.3K	621.6K	198.6K	159.7K	520.7K	542.1K
Common Stock Total Equity	118.0M	118.2M	118.3M	47.2M	42.5M	40.4M
Common Stock Shares Outstanding	10.5M	9.5M	5.8M	6.3M	6.4M	7.3M
Liabilities And Stockholders Equity	151.7M	92.5M	94.7M	68.9M	79.1M	83.8M
Total Liab	8.9M	8.8M	5.3M	4.2M	4.5M	6.8M
Total Current Assets	268.8K	621.6K	198.6K	159.7K	662.4K	534.2K
Common Stock	118.3M	47.2M	55.4M	55.7M	56.2M	75.3M
Retained Earnings	24.5M	36.5M	34.0M	9.0M	18.4M	12.2M
Other Current Assets	(268.8K)	(634.1K)	(201.8K)	(165.1K)	(662.4K)	(695.5K)
Net Invested Capital	150.8M	91.8M	93.4M	68.7M	78.6M	84.5M
Long Term Investments	151.4M	91.9M	94.5M	68.7M	78.4M	84.6M
Capital Stock	118.3M	47.2M	55.4M	55.7M	56.2M	60.1M

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